Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index
Intel’s partial rebound in the latest quarter from an inventory-driven drop in PC chip demand has given Wall Street a rare moment of financial outperformance to celebrate as the struggling US chipmaker seeks to stabilise its business and complete a four-year turnaround plan. The company’s shares rose more than 7 per cent in after-market trading
In this article EBAY LHX MAT ALGN NOW CMG STX META Follow your favorite stocksCREATE FREE ACCOUNT Meta headquarters in Menlo Park, California, US, on Thursday, July 21, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Meta Platforms – Shares of Meta Platforms jumped nearly
European stocks fell on Wednesday as investors responded to weakness in the luxury sector and awaited the US Federal Reserve’s interest rate decision later in the day. Europe’s region-wide Stoxx 600 fell 0.4 per cent in early trade, reversing gains from the previous session, with France’s Cac 40 the biggest faller, down 1.1 per cent
In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the United States Federal Reserve’s delicate balancing act of curbing inflation without causing a recession and sheds light on the potential implications for the cryptocurrency market. In the crypto world, the anticipation of rising interest rates could have a short-term negative impact. This