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Cotton prices forecast: recovery not in sight as demand slips
Cotton prices have struggled to gain traction this year as demand and supply divergences continued. It was trading at $79.32 on Tuesday, a few points above the year-to-date low of $76.20. Cotton remains about 14% below the highest point in 2023 and 43% lower than its 2022 high. Weak demand and higher supplies Cotton and […]
- November 21, 2023 08:07 AM PST
- Invezz
Seeking an alternative to Bitcoin’s success? This new coin offers potential for significant gains
Cboe Digital has recently announced the launch of margin futures trading for Bitcoin (BTC). This has contributed to the already growing anticipation of significant price gains for Bitcoin. While top crypto coins, like BTC, have become too expensive to own, a new rebellious meme coin now offers the same growth potential akin to Bitcoin’s early […]
- November 21, 2023 07:25 AM PST
- Invezz
Could Sam Altman return to OpenAI?
Sam Altman is “working hard to go back to OpenAI”, says Nilay Patel – Chief Editor of The Verge. Microsoft is onboard with Altman going back to OpenAI OpenAI is in “intense discussions” with Altman after the majority of its workers said they’re not willing to work under a board that evidently lacks “competence to […]
- November 21, 2023 07:16 AM PST
- Invezz
Avalanche accelerator Colony Lab unveils $10M AVAX boost for ecosystem
Colony Lab, an Avalanche ecosystem accelerator, has announced a validator and sustainability program that will be anchored by more than 500,000 AVAX tokens. The initiatives are meant to support the next growth stage in the Avalanche (AVAX) ecosystem, the platform wrote in a Medium post. AVAX boost as Colony Lab launches ecosystem initiatives Colony Lab, […]
- November 21, 2023 06:57 AM PST
- Invezz
Cooperman expects ‘very little’ from market but likes this one stock
Leon Cooperman – the Chief Executive of Omega Advisors says he does not expect much from the market at large. Cooperman doesn’t expect a new high in S&P 500 The billionaire investor told CNBC in a recent interview that concerns related to a fiscal crisis will likely stand in the way of S&P 500 printing […]
- November 21, 2023 06:03 AM PST
- Invezz
Sugar prices are flying but a retreat could be in the horizon
Sugar prices are hovering near their highest level in years as concerns about supply continues. Data compiled by TradingView shows that the price of sugar was trading at $27.65, a few points below the year-to-date high of $28. It has surged by more than 61% from the lowest point in December last year. Supply concerns […]
- November 21, 2023 05:18 AM PST
- Invezz