Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds. Following the compromise, Unizen pledged to reimburse affected users who lost up to $750,000, aiming to restore confidence in its platform and uphold its commitment to user...
Moreover, the analysts looked at the metric called the Accumulation Trend Score (ATS). It assesses a weighted balance change across the market. The ATS also suggests a return to the accumulation-dominant behavior. What’s more, the ATS hit its highest possible value, “suggesting significant accumulation throughout the last month.” Long-Term Investors Are Accumulating Wealth Moving towards...
By Ana Mano SAO PAULO (Reuters) - Brazilian poultry and pork processor BRF SA (NYSE:BRFS) turned a profit of 823 million reais ($165.26 million) in the final three months of 2023, according to an earnings statement on Monday, ending a seven-quarter losing streak. Including effects of hyperinflation in Turkey, where it also has large operations,...
Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that first-quarter net income attributable to shareholders decreased to $129 million or $0.42 per share from $291 million or $0.96 per share in the year-ago quarter. Excluding items, adjusted earnings for the quarter were $0.45 per share, compared to $0.82 per share in the prior-year...
Recouping some of the losses in the previous session, the Japanese stock market is notably higher on Tuesday, with the Nikkei 225 moving well above the 39,900 level, despite the mostly negative cues from Wall Street overnight, with gains across most sectors led by index heavyweights and technology stocks. The benchmark Nikkei 225 Index is...
Flash GDP estimate from the euro area is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.45 am ET, France\'s statistical office INSEE is set to publish final inflation figures for April. Consumer price inflation is seen at 2.2 percent, unchanged from the flash estimate. At...
The Swiss franc weakened against most major currencies in the Asian session on Thursday. The Swiss franc rose to more than a 3-week low of 0.8549 against the U.S. dollar, from yesterdays closing value of 0.8520. Against the euro and the pound, the franc advanced to an 8-day low of 0.9417 and a 6-day low...
-- Japan’s Nikkei 225 index rose to a record high in early trade on Thursday, tracking overnight gains in Wall Street after Federal Reserve Chair Jerome Powell offered the clearest sign yet that interest rates were coming in 2024. Speculation over a potential policy pivot by the Bank of Japan also benefited heavyweight bank stocks,...
Recruiter.com Group (NASDAQ:RCRT), a prominent player in the recruitment industry, announced a significant leadership change earlier this week. On Monday, the company confirmed the appointment of Granger Whitelaw as its new Chief Executive Officer and President, following the resignation of Miles Jennings from these roles on March 7, 2024. Jennings, however, will maintain his involvement...
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on allowing options trading for Bitcoin exchange-traded funds (ETFs) offered by Grayscale and Bitwise. According to the SEC’s latest filing on April 8, the Commission has decided to allocate a longer period to review Grayscale’s and Bitwise’s applications to list the trading of their...