News

Tue, 09 Nov 2021 06:30:08 GMT

Oil surges due to US government

Since Monday, crude oil prices surged, as the new US infrastructure spending plan was expected to boost the demand for energy commodities.

Mon, 08 Nov 2021 18:26:58 GMT

McAfee goes private

This week, McAffee Corporation announced that a consortium of private US equity firms would take the company private.

Mon, 08 Nov 2021 17:26:42 GMT

AMD stock jumps more than 10.00%

On Monday, the price for AMD jumped 11.26% or $15.51. The surge occurred due to the company announcing that it had gained Meta Platforms as a data centre chip customer.

Mon, 08 Nov 2021 14:35:09 GMT

Japanese stimulus grows in size

On Monday, Kyodo news reported that the Japanese government would consider a new stimulus package valued more than 30 trillion Yen.

Mon, 08 Nov 2021 14:30:11 GMT

OPEC+ declines US offer to increase supply

On Friday, OPEC+ countries declined the offer of the United States to increase oil output. The news caused a crude oil price surge.

Mon, 08 Nov 2021 13:14:02 GMT

Ethereum hits new ATH

During Monday's European trading hours, the price for Ethereum hit a new all-time-high level, as the $4,770.00 mark was reached.

Mon, 08 Nov 2021 12:35:08 GMT

Tesla stock falls pre-market

During Monday's US pre-market hours, the stock price of Tesla declined by 7.5%, as the CEO of the company Elon Musk had announced on Saturday that he would sell 10% of his shares.

Mon, 08 Nov 2021 12:30:10 GMT

Euro Zone posts sales drop

It was revealed by Eurostat that in September an unexpected drop occurred in retail sales.

Mon, 08 Nov 2021 11:15:10 GMT

EU ministers discuss inflation

On Monday, Finance Ministers of the European Union met to discuss the recent jump in consumer prices and wage stagnation.

Mon, 08 Nov 2021 10:40:27 GMT

FTSE 100 remains flat

During Monday's early European trading, the FTSE 100 index remained flat, as gains in energy stocks were offset by consumer shares.

Mon, 08 Nov 2021 09:28:33 GMT

Dollar trades steady

During Monday's early European trading hours, the US Dollar's value remained flat, as inflation worries were offset by lockdown easing news.

Mon, 08 Nov 2021 08:30:09 GMT

Australia declines J&J appeal

On Friday, the High Court of Australia refused to hear the appeal of Johnson & Johnson, which was intended to overturn a ruling in regards to defective pelvic mesh implants.

Mon, 08 Nov 2021 06:30:08 GMT

US Dollar reaches high level

Due to better than forecast US monthly employment data on Friday, the US Dollar's value has reached a one-year-high level.

Fri, 05 Nov 2021 14:30:07 GMT

Euro Zone growth reaches low level

Data published by Markit Institute this week revealed that business growth in the Euro Zone in October reached a six month low level.

Fri, 05 Nov 2021 14:15:08 GMT

NVDA trades near all-time high

After surging more than 35.00% since October 25, on Friday, the stock price of Nvidia traded above the $300.00 mark. Most recently, the stock price booked 12.12% gains during Thursday's trading.

Fri, 05 Nov 2021 13:56:17 GMT

US Unemployment Rate declines

Data published on Friday, revealed that the US Unemployment Rate had declined to 4.6%. The news boosted US assets and the value of the US Dollar.

Fri, 05 Nov 2021 13:39:22 GMT

US markets continue to surge

On Friday, the US stock market indices booked new all-time-high levels, as gains of nearly 0.75% were booked at the start of trading.

Fri, 05 Nov 2021 13:35:00 GMT

AMD reaches new high level

At the start of Friday's US trading, the stock price for AMD hit a new all-time-high level, as the price reached above $140.00.

Fri, 05 Nov 2021 12:34:36 GMT

US Employment data boosts USD

At 12:30 GMT, the US monthly employment data caused a strengthening of the USD. The EUR/USD immediately dropped 22 base points, on the release of data.

Fri, 05 Nov 2021 12:30:07 GMT

Lenovo comments on chip shortage

This week, Lenovo announced that the global chip deficit would remain into the first half of 2022. Meanwhile, the company published a 65% increase in quarterly profits.

Fri, 05 Nov 2021 10:30:08 GMT

Britain approves new Covid-19 pill

The government of the United Kingdom on Thursday approved the use of a new COVID-19 antiviral pill from Merck.

Fri, 05 Nov 2021 08:30:09 GMT

Nintendo fails to meet demand

On Thursday, Nintendo announced that due to the global semiconductor shortage the company would not meet the holiday demand for the Nintendo Switch.

Fri, 05 Nov 2021 06:30:10 GMT

Toyota warns about risks

This week, Toyota increased the company's annual profit forecasts, despite warning that the global semiconductor shortage could impact production.

Thu, 04 Nov 2021 14:30:10 GMT

Chesapeake Energy increases oil output

Chesapeake Energy revealed on Wednesday that the company would increase its 2021 oil production forecast by one million barrels.

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