November 8, 20240 Comments

Binance Adds XRP and DOGE to Smart Arbitrage Offerings, Price Rally Is Here

The world’s largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn’s addition of XRP and DOGE sparked huge speculation for an imminent price rally. The crypto exchange has also announced a special campaign with rewards totaling 45,000 USDT to celebrate the listings. Binance Lists XRP and Dogecoin to Smart Arbitrage XRP and Dogecoin (DOGE) were added to the Smart

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November 8, 20240 Comments

Investors Dial Back ‘Trump Trades’ as Policy Doubts Seep In

(Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president. Most Read from Bloomberg The dollar reversed much of its post-election surge by Thursday’s close, and is trading little changed on Friday. Treasury yields have also returned to recent ranges following a two-day whipsaw. Chinese stocks

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November 8, 20240 Comments

Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the company — which also announced plans to cut staff by 9,000 — hit a four-year intraday low

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November 8, 20240 Comments

Fed likely to cut rates again Thursday. Everything you need to know

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut, but will have its eye on the future against a backdrop

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November 8, 20240 Comments

Canadian banks could benefit from Trump’s victory

Breadcrumb Trail Links Finance Banking News Promise to lower taxes for corporations, enforce fewer regulations could rub off on biggest lenders Get the latest from Naimul Karim straight to your inbox Sign Up Published Nov 06, 2024  •  2 minute read You can save this article by registering for free here. Or sign-in if you have an account. Some of Canada’s biggest banks are poised to make gains with Donald

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November 8, 20240 Comments

Super Micro (SMCI) Q1 2025 earnings update

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro, the embattled server maker that’s late in releasing annual financials and at risk of being delisted by the Nasdaq, reported unaudited quarterly results on Tuesday. The stock dropped 17% in extended trading after the company’s revenue trailed estimates, guidance came in weaker

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November 8, 20240 Comments

Asia FX steadies as dollar slides after Fed cuts interest rates By Investing.com

Investing.com– Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest rates as widely expected. Regional currencies recouped a bulk of their weekly losses after the Fed’s move, with some even turning positive for the week. The dollar, on the other hand, tumbled from four-month highs, with some traders also locking in recent gains. 

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