Indian shares opened lower on Friday after rising sharply in the previous session amid the expiry of weekly F&O contracts. The benchmark S&P/BSE Sensex dropped 470 points, or 0.6 percent, to 79,473 in early trade, tracking a surging dollar and elevated U.S. Treasury yields after data showed U.S. weekly jobless claims unexpectedly dropped to an...
Animoca Brands, a Hong Kong-based game software company, is entering the Bitcoin ecosystem with the Opal Foundation, using the Opal Protocol to build the Largest Web3 Ecosystem. On April 30 Animoca Brands announced their plans to “come to Bitcoin.” The plan will see a diverse ecosystem of gaming, entertainment, Defi, education, and culture, built on...
Some of the largest Bitcoin (BTC) miners in the world are using their infrastructure to host high-performance computing (HPC) data centers. HPC computing data centers use energy to process large datasets and complex computations that are needed to train artificial intelligence (AI) models. Core Scientific Inc. – one of the most established large-scale Bitcoin (BTC)...
Specialty retailer Genesco, Inc. (GCO) on Friday reported a net loss for the first quarter of $24.35 million or $2.23 per share, wider than $18.89 million or $1.60 per share in the prior-year quarter. Excluding items, adjusted loss from continuing operations were $2.10 per share, compared to adjusted loss from continuing operations of $1.59 per...
The Singapore stock market on Wednesday ended the four-day winning streak in which it had gained more than 35 points or 1 percent. The Straits Times Index now sits just above the 3,390-point plateau and the losses may accelerate on Thursday. The global forecast for the Asian markets is mixed and flat ahead of key...
Wijaya Karya Beton Tbk (WTON), a precast concrete owned by PT Wijaya Karya (Persero) Tbk (WIKA), booked new contracts of IDR 4.99 trillion until October 2024. It is equal to 81% of 2024 new contract target, which is reportedly set to IDR 5.93 trillion by WTON. Infrastructure projects primarily supported WTON’s new contracts as of...
French stocks edged lower on Wednesday after posting strong gains in the previous session on Chinas announcement of aggressive stimulus. Earlier today, Chinas central bank lowered the cost of its medium-term loans to bank, in a move consistent with other broad policy to shore up growth in the worlds second-largest economy. Meanwhile, French consumer sentiment...
New orders for U.S. manufactured durable goods were virtually unchanged in the month of August, according to a report released by the Commerce Department on Thursday. The Commerce Department said durable goods orders came in flat in August after soaring by 9.9 percent in July. Economists had expected durable goods orders to tumble by 2.6...
Bitcoin’s price drop has sparked debate, but CryptoQuant CEO Ki Young Ju sees a historic rally ahead, hinging on institutional demand and ETF activity.Robert Kiyosaki views Bitcoin’s dip as a buying opportunity, rejecting fiat currency while market uncertainty tests short-term holders’ resolve. Bitcoin (BTC) recent price drop has fueled speculation that the bull market may...
UK government borrowing in July exceeded the official estimate and also hit the highest for the month since 2021 due to the increase in public spending, data from the Office for National Statistics showed on Wednesday. Public sector net borrowing increased GBP 1.8 billion from the previous year to GBP 3.1 billion in July. This...