News

Zoom Hiked after it Ceased $14.70B Merger Deal with Five9

On Friday, Zoom Video Communications Inc. moved higher after agreeing with Five9 to abort their $14.70 billion merger deal.  The…

3 years ago

Oil Prices Steady Despite Bearish Factors

Despite rising U.S. crude inventories and a strong dollar, countered by an expected supply deficit over the coming months, oil…

3 years ago

Evergrande Misses Paying Bond Interest Due Wednesday

According to two bond holders, China Evergrande Group missed its second offshore bond payment due on Wednesday. Although it made…

3 years ago

AUD to USD Exchange Rate Hikes, Safe-Haven Currencies Dip

On Thursday, the AUD to USD exchange rate hiked while safe-haven currencies posted declines.  Accordingly, the aussie surged 0.40% to…

3 years ago

Micron Stocks Skidded Despite Strong Fiscal Q4 2021 Report

On Thursday, the stocks of Micron Technology Inc. skidded after it reported stronger than expected fourth-quarter fiscal 2021. The chipmaker…

3 years ago

OPEC+ Likely to Stick to November Output Plans

Despite oil hitting a three-year high above $80 a barrel and pressure from consumers for more supply, the Organization of…

3 years ago

China Power Crisis, Dollar Eases, Stocks Up

China’s benchmark equity indices declined as much as 1.8%. Worries that power supply will hit economic output toward the end…

3 years ago

It’s All Smiles For Gain Capital UK

Despite the tough economic climate, StoneX Group's financials show that they have had a profitable year. For 2020 alone, Gain…

3 years ago

GBP to USD Exchange Rate Attempts a Bounce to $1.35 Mark

On Wednesday, the GBP to USD exchange rate attempted a bounce to the $1.35 mark.  The Pound Sterling rose 0.12%…

3 years ago

The Asia-Pacific Market Fell as US Treasury Yields Surged

On Wednesday, shares in the Asia-Pacific market skidded as concerns about economic uncertainty pushed the US Treasury Yields to a…

3 years ago

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