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Bragar Eagel & Squire, a law firm based in New York, has announced that it has filed a class action lawsuit against the floral-based food company Tattooed Chef Inc. (which is on the NASDAQ stock exchange). Bragar Eagel & Squire’s suit encompasses all investors who purchased or acquired Tattooed Chef securities between March 20, 2021, … Read more
Tesla’s share price has fallen in recent weeks, leading some shareholders to attribute the decline to CEO Elon Musk’s controversial and unpredictable management of his Twitter. Musk has largely brushed off the criticism and blamed macroeconomic factors for the stock’s drop. However, the incident highlights the potential for a company’s leadership and public statements to … Read more
The Crypto market has not done well recently, and investors are worried. If you are wary about investing in cryptocurrency, consider investing in other companies with a lot of growth potential. Some examples of these kinds of companies are tech stocks. Tech stocks are shares of companies that make technology products or services. Here are … Read more
It was a calm session for the United States dollar yesterday, recording a minor upside against top peers (according to the USD Index). Meanwhile, the recent technical report by the research team stated that sellers keeping the state south of the 200d Simple Moving Average would likely mean dominant sellers. That could see short-term and … Read more
Precious metals saw notable runs over the previous week, with Silver and Gold hitting new 7-month and 3-month peaks. Gold met resistance near a crucial zone before pulling back, while Silver is trying to maintain support at the previous hurdle. This article analyzes chart formations and price action. Precious metals pulled back following last week’s … Read more
Breaking beneath the $3937 low of this week would welcome a drop to $3795 before another rally to $4340 – $4470 could emerge. Meantime, the November rally appears complete. The S&P 500 reacted to Powell’s Wednesday remarks with an upside break to hit $4100 yesterday before plunging following better-than-anticipated Jobs data. That came after SPX … Read more
Fed Chair Jerome Powel revealed a possible rate-hike pace slowdown. Powell’s speech saw stocks rallying as the dollar tanked. Fed to execute a 50 basis points rate increase in December. It was Fed Reserve’s Chair Jerome Powell to move the financial markets once again. The highly awaited Brookings Institution’s Wednesday speech saw Powell signaling that … Read more
Gloominess hits the cryptocurrency market on Thursday as news of Binance backing out of FTX’s buyout airs. Bitcoin traded at a record low during the wee hours of the day. This came about because investors were worried that the seemingly Terra-like implosion of FTX could switch the market into selling mode. FTX Warns Against Deposits … Read more
According to a survey conducted on Tuesday, the Bank of Japan (BOJ) is beginning to assess the impacts of its long-standing ultra-low monetary policy. Likewise, it plans to analyze the possible influence transitioning from the protocol may have on Japan’s economy. BOJ Investigates The Marks Of Relinquishing Its Monetary Policy Japan’s central bankers have recently … Read more
It has been a very eventful week for the social media giant, Twitter. It is currently counting down to its last days as a publicly traded firm after Elon Musk’s acquisition. Development Team Fires On Nevertheless, the company’s development team continues working full-steam towards its goals. It announced that it has begun testing a new … Read more
According to a survey, Japan is prone to pitfalls due to Fed’s constant rate lifts. One can be noted in its currency delving drastically against the USD. However, the third leading global economy is unlikely to slide into a recession. Federal Reserve Rate Raise Affects Japan Japan continues toiling to get the Yen thriving versus … Read more
Bitcoin rebounded swiftly after a sharp decline to $18,700. The asset was last seen trading at $19,121. Stocks equally trailed upward, recording gains of 1.5 percent, despite opening low at 0.3 percent. Why Are Assets On The Rise? Nick Timiraos, dubbed Fed’s mouthpiece by ZeroHedge, shared his opinion on the possible reason behind the market’s … Read more