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Oil prices are on the rise lately, bringing a major headache to central bankers and market participants. The WTI crude oil price is now at $94.50, and it feels like there is nothing on the way to $100. But every $1 higher in oil prices is a major headache for everyone involved in financial markets. […]

• September 28, 2023 12:22 AM PDT
• Invezz

Cryptocurrency prices have held steady in the past few weeks even as American stocks have retreated. As I wrote on Wednesday, the Russell 2,000 index has moved into a correction zone as it plunged by more than 12% from its peak. Other key ETFs like TLT, QQQ, and DIA have also crashed recently. Bitcoin has […] The post 3 altcoins to buy in the next crypto bull run: Chainlink, FIL, Cardano appeared first on Invezz.

• September 27, 2023 11:05 PM PDT
• Invezz

Apple (NASDAQ: AAPL) stock price has been in a freefall and could get worse in the coming days. The shares plunged to a low of $170 on Wednesday, the lowest level since May 23rd. It has retreated by more than 13% from its highest level this year, meaning it has moved into a correction zone. […] The post Apple stock price forecast: at risk as 2 fresh headwinds emerge appeared first on Invezz.

• September 27, 2023 07:05 PM PDT
• Invezz

Apple (NASDAQ: AAPL) stock price has been in a freefall and could get worse in the coming days. The shares plunged to a low of $170 on Wednesday, the lowest level since May 23rd. It has retreated by more than 13% from its highest level this year, meaning it has moved into a correction zone. […] The post Apple stock price forecast: at a risk as 2 fresh headwinds emerge appeared first on Invezz.

• September 27, 2023 07:05 PM PDT
• Invezz

The Zimbabwe dollar is often seen as the poster child of bad macro and fiscal economic collapse. At its lowest moment, a 100 trillion Zimbabwe note was actually worthless. Today, these trillion-dollar notes are being sold in platforms like Amazon. The ZIM dollar collapse was attributed to the actions of Robert Mugabe, the then president, […] The post Argentina peso (ARS) could become the next Zimbabwe dollar appeared first on Invezz.

• September 27, 2023 05:07 PM PDT
• Invezz

The Ethereum blockchain faces centralization concerns following Blocknative’s move to suspend the MEV-boost relay on September 26. Relayers batch and broadcast transactions on the Ether network to guarantee efficient and timely processing. Blocknative’s exit translated to the relayer sector becoming more concentrated. Ethereum had only four relayers at this publication. MEV-boost relay no longer profitable […] The post Ethereum (ETH) network faces centralization concerns as relayers decline to four appeared first on Invezz.

• September 27, 2023 04:01 PM PDT
• Invezz

Polygon (MATIC) has exhibited bearishness for most of 2023 as the broad crypto market endured a prolonged downside. The United States Securities & Exchange Commission dented the altcoin further after labeling it a security, forcing platforms such as Robinhood to delist MATIC alongside alts Solana and Cardano. Polygon erases mid-September gains Polygon’s downward stance has […] The post Polygon erases mid-September gains after whale moves 10.78M MATIC tokens to Binance appeared first on Invezz.

• September 27, 2023 03:07 PM PDT
• Invezz

Micron Technology Inc (NASDAQ: MU) lost about 5.0% in extended trading even though its reported better-than-expected results for its fiscal fourth quarter. Why is Micron stock down in after-hours? The stock is being punished primarily because the earnings guidance for the current quarter failed to meet estimates. Micron forecasts up to $1.14 a share of […] The post Micron disappoints on earnings outlook: ‘I want to be a buyer here’ appeared first on Invezz.

• September 27, 2023 02:34 PM PDT
• Invezz

Acadia Pharmaceuticals (NASDAQ: ACAD) stock price did well on Wednesday even as American equities retreated. The biotech stock jumped to a high of $26.15, much higher than this week’s low of $22.95. Despite the comeback, the shares remain 25% below the highest point this year. New military contract ACADIA Pharmaceuticals is a fast-growing biotech company […] The post Acadia stock price analysis: ACAD risk/reward is attractive appeared first on Invezz.

• September 27, 2023 02:14 PM PDT
• Invezz

Peloton Interactive Inc (NASDAQ: PTON) just announced a strategic partnership with Lululemon Athletica Inc (NASDAQ: LULU). Its shares are up a whopping 30% in extended hours. Details of Peloton-Lululemon deal The multi-dimensional agreement will make Peloton an exclusive provider of digital content around fitness for Lululemon. Dion Camp Sanders – its Chief Emerging Business Officer […] The post Peloton stock soars on Lululemon deal appeared first on Invezz.

• September 27, 2023 01:29 PM PDT
• Invezz