In this article DXCM 7XN-FF YELP EXPE LYFT .BBKA Follow your favorite stocksCREATE FREE ACCOUNT The Lyft Driver Hub is seen in Los Angeles, California. Lucy Nicholson | Reuters Check out the companies making the biggest moves in premarket trading: Lyft — The ride-sharing company cratered 31.5% after issuing weak guidance in its fiscal first-quarter
Russia will cut oil production from next month in response to the price cap imposed by western nations, the country’s top energy official said, in the first sign Moscow is moving to weaponise oil supplies after slashing natural gas exports to Europe last year. The cut of 500,000 barrels a day, the equivalent of about
The yen climbed on Friday as investors responded to news of the likely appointment of academic Kazuo Ueda as the next Bank of Japan governor. The Japanese currency climbed 0.45 per cent to 130.97 to the dollar, as markets judged Ueda would mark a departure from the ultra-dovish policies of Haruhiko Kuroda, who is due
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. Crypto wipeout mounts as BTC price loses $22,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp. The pair reacted badly to regulatory fears from the United States but had already
Good morning, Robert Shrimsley here. Today I’ll take a look at why Unionists think that Scotland might have passed “peak Sturgeon” and assess one of the unfortunate side-effects of Rishi’s reshuffle. Like a Sturgeon, trashed for the very first time There’s not a lot cheering Conservatives at the moment — aside from the news that
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges and custody institutions in Argentina, in the wake of the demise of leading cryptocurrency exchange FTX. Cryptocurrency Exchanges
The UK economy stagnated in the final quarter of 2022, narrowly avoiding a recession despite output shrinking by more than expected in December. Gross domestic product was unchanged between the third and fourth quarters of 2022, following a contraction in the previous three months, according to data published on Friday by the Office for National
The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact with a still-to-be-determined tokenized asset.
Ethereum’s native token, Ether (ETH), saw its worst daily performance of the year as the United States Securities and Exchange Commission (SEC) stopped Kraken, a cryptocurrency exchange, from offering crypto staking services. On Feb. 9, Kraken agreed to pay $30 million to settle the SEC’s allegation that it broke securities rules by offering crypto staking
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the New York Department of Financial Services (NYDFS). A “person familiar with the matter” told Bloomberg in a Feb. 10 report that the exact motive behind the probe is currently unclear. An NYDFS
Russian president Vladimir Putin has “lost the energy war” and the worst of the European gas and power crisis has passed, according to Pierre Andurand, one of the world’s top-performing traders in the sector. Andurand, whose energy focused hedge funds have enjoyed three bumper years of returns during the coronavirus pandemic, said he had closed
The yen climbed on Friday as investors responded to news of the likely appointment of academic Kazuo Ueda as the next Bank of Japan governor. The Japanese currency climbed 0.5 per cent to ¥130.9 to the dollar, as markets judged Ueda likely to mark a departure from the ultra-dovish policies of Haruhiko Kuroda, who is
When you read the word “conservation”, what do you picture? For most people, I suspect it conjures imagery of green spaces — dense woodland, rolling hills, perhaps a stretch of marshes. So if I told you the UK had designated thousands of parcels of land as “conservation areas” over the past 56 years, protected by
Ünal Boybey and his family were left on their own to dig the bodies of their relatives out of the rubble in the devastated Turkish city of Adıyaman. Then they also dug the graves. “Normally municipal workers would do this,” said the 63-year-old as he watched two younger relatives shovel clumps of rust red earth
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to macroeconomic events such as rate hikes, according to research. In a “State of Bitcoin Q4 2022” report published on Feb. 10, Messari research analysts Sami Kassab and Chris Collar found that
For Rishi Sunak, the moment of truth is approaching on whether he can strike a deal to settle the corrosive row over the post-Brexit settlement in Northern Ireland. As talks intensify, the British prime minister faces many questions but one above all others: what role, if any, can he accept for judges at the European
Bitcoin (BTC) mining firm CleanSpark is planning to continue its strategy of scooping up distressed mining company assets this year. The Bitcoin miner released its fiscal Q1 earnings presentation on Feb. 9, with the company saying it remained optimistic about the coming year and continued growth. Chief financial officer Gary Vecchiarelli said CleanSpark has seen
Members of the crypto community seem outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States. On Feb. 9, the United States Securities Exchange Commission (SEC) announced it had settled charges with Kraken over “failing to register the offer and sale of their crypto asset
In this article NET YELP MSI PYPL LYFT EXPE Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S.,
According to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than two years after the decentralized finance (DeFi) protocol launched its mainnet on Nov. 9, 2021. Dubbed a liquid staking solution for Ethereum, Rocket Pool allows users to join an
Gov. Ned Lamont proposed his biennial budget to Connecticut lawmakers, a spending package that includes income tax rate cuts and spending initiatives to help stem growing labor shortages in critical fields. “Connecticut has enjoyed strong economic and population growth,” Lamont said Wednesday. “Building off this momentum, my budget continues to grow the economy through a