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USD/CAD forecast: signal after the US PCE, Canada GDP data
Forex

USD/CAD forecast: signal after the US PCE, Canada GDP data

The USD/CAD exchange rate retreated on Thursday after the latest US PCE and Canada GDP data. The pair retreated to a low of 1.3560, the lowest point since September 29th. It has crashed by over 2.45% from the highest point in November. The USD to CAD pair retreated after the US published the latest personal […]

  • November 30, 2023 07:49 AM PST
  • Invezz
Sui surpasses $150M in TVL, showcasing blistering DeFi momentum
Latest

Sui surpasses $150M in TVL, showcasing blistering DeFi momentum

Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi […]

  • November 30, 2023 07:27 AM PST
  • Invezz
Clearmind Medicine (CMND) stock price is flying but risks remain
Latest

Clearmind Medicine (CMND) stock price is flying but risks remain

Clearmind Medicine (NASDAQ: CMND) stock price was among the best-performing in Wall Street on Thursday. The share jumped by more than 32% and reached a high of $5.37. Still, the penny stock remains in trouble after it crashed by over 94% in the last 12 months. It has plunged by over 98% from its all-time […]

  • November 30, 2023 07:22 AM PST
  • Invezz
Ford reinstates guidance – says UAW deal will cost $8.8 billion
Latest

Ford reinstates guidance – says UAW deal will cost $8.8 billion

Ford Motor Co (NYSE: F) says its recent agreement with the United Auto Workers will cost about $900 per vehicle or $8.8 billion in total. Its shares are down 1.0% at writing. Ford’s updated guidance for full-year earnings The legacy automaker also reinstated its full-year guidance for earnings and free cash flow on Thursday. Ford […]

  • November 30, 2023 07:10 AM PST
  • Invezz
MicroStrategy bolsters its Bitcoin holdings with additional BTC purchase
Latest

MicroStrategy bolsters its Bitcoin holdings with additional BTC purchase

MicroStrategy Inc (NASDAQ: MSTR), a prominent business intelligence and software company, has made another substantial move in the crypto space, acquiring an additional 16,130 bitcoins for $593.3 million. This latest purchase follows MicroStrategy’s consistent Bitcoin investment strategy, further solidifying its position as a major player in the cryptocurrency market. MicroStrategy’s Bitcoin acquisition In today’s purchase, […]

  • November 30, 2023 07:04 AM PST
  • Invezz
Expert sees 8.0% downside in S&P 500 despite PCE data today
Market Analysis

Expert sees 8.0% downside in S&P 500 despite PCE data today

S&P 500 opened in the green today after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index rose in line with expectations in October. Lakos-Bukas shares his view on S&P 500 For the month, the Fed’s preferred inflation gauge popped 0.2% versus a wider 0.3% increase in September. Still, Dubravko […]

  • November 30, 2023 06:27 AM PST
  • Invezz
Black Friday blues: Unclear consumer spending picture in 2023
Forex

Black Friday blues: Unclear consumer spending picture in 2023

Black Friday and Cyber Monday were once American eccentricities like Thanksgiving but have long since become global phenomena. And in that time, analysts the world over have pored over the sales figures of each for clues as to what lies ahead for the economy.  This makes sense – especially in the US. According to the […]

  • November 30, 2023 06:25 AM PST
  • Invezz
How will Dogecoin (DOGE) and Shiba Inu (SHIB) act in 2024, and will this newcomer outdo them?
Latest

How will Dogecoin (DOGE) and Shiba Inu (SHIB) act in 2024, and will this newcomer outdo them?

The cryptocurrency market is currently in a state of flux, with prices having retreated from recent peaks. However, the overall sentiment remains bullish, with analysts optimistic about the market’s momentum and fundamentals. Bitcoin, for instance, has seen a significant rally, increasing over 30% since early October, while Ethereum has also shown impressive growth. This positive trend […]

  • November 30, 2023 06:01 AM PST
  • Invezz
Chainlink (LINK) exchange supply at lowest since 2020 amid surged staking
Latest

Chainlink (LINK) exchange supply at lowest since 2020 amid surged staking

Chainlink holdings on exchanges have plummeted to the lowest levels since February 2020. Meanwhile, the platform’s latest staking initiative likely triggered an optimistic stance among LINK holders. LINK’s balance on crypto exchanges has plunged to 15% of the coin’s overall supply. Meanwhile, the massive token reduction supports an upside narrative since it signals declined selling […]

  • November 30, 2023 05:39 AM PST
  • Invezz
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