Bitcoin (BTC), the world’s leading cryptocurrency, has maintained its bullish momentum, trading around the $68,469 level. Despite experiencing a dip to an intraday low of $63,600 yesterday, BTC quickly regained strength and surged past the $68,000 mark. This upward trend is fueled by several factors, including Michael Saylor’s optimistic prediction that Bitcoin could reach $13...
Indian shares struggled for direction in early trade on Tuesday, tracking weak cues from global markets and ahead of the presentation of the Union Budget 2024 later in the day. The benchmark S&P/BSE Sensex was up 6 points at 80,508 while the broader NSE Nifty index was down 12 points at 24,496. Apollo Hospitals Enterprise,...
European stocks are likely to open on a mixed note Tuesday as investors await earnings from Tesla Inc. and Alphabet Inc. due later in the day. Asian markets were mostly higher as some calmness returned following a bout of political uncertainty. In the U.S., Kamala Harris is most likely to become the Democrat presidential nominee...
Boeing Co. (BA) and aircraft leasing and financing company Macquarie AirFinance announced Tuesday that the lessor has made its first direct order for Boeing airplanes. The purchase of 20 737 MAX 8\'s doubles Macquarie AirFinance\'s existing 737 MAX 8 order book, which it acquired from ALAFCO Aviation Lease and Finance Co. in 2023. By expanding...
Sticking to the commitment of fiscal consolidation, India\'s Finance Minister Nirmala Sitharaman unveiled a budget that aims to provide impetus to job creation, start-ups and small enterprises, while proposals for raising the tax rates on capital gains damped market sentiment and send the rupee to a record low. The government lowered the fiscal deficit target...
Transportation assets lessor GATX Corp. (GATX) reported Tuesday that net income for the second quarter declined to $44.4 million or $1.21 per share from $63.3 million or $1.74 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter was $1.43 per share, compared to $1.73 per share in the year-ago quarter. Total...
Heartland Express, Inc. (HTLD) reported Tuesday a net loss of $3.48 million or $0.04 per share for the second quarter, compared to net income of $7.77 million or $0.10 per share in the prior-year quarter. Operating revenue for the quarter declined to $274.75 million from $306.17 million in the same quarter last year. On average,...
There is palpable excitement in the crypto market as Spot Ethereum ETFs are set to debut next week. This represents a significant milestone in the evolution of cryptocurrency, offering an immense opportunity for ETFSwap (ETFS) to take advantage of the surge. Spot Ethereum ETFs Debut, Here Are What To Expect The debut of Spot Ethereum...
Exchange-traded fund issuer T-Rex Group filed for its 2X Long MSTR Daily Target ETF – a product analysts say could become the most volatile ETF in the United States – with the Securities and Exchange Commission (SEC) on Tuesday. The Leveraged MSTR ETF Per the company’s form N-1A, the fund seeks leveraged investment results that...
In an unexpected move, Bitfarms announced the appointment of Fanny Philip as an independent board member amidst an ongoing conflict with Riot Platforms. Riot, which owns a 14.9% stake in Bitfarms, recently expressed intentions to replace three company board members with independent directors following a failed attempt to increase its stake. Bitfarms Appoints Fanny Philip...