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Energy

“Oil: ‘We’re going to see $65 before we see $100 ‘ in WTI, says analyst”

October 6, 2022

“OPEC+ will cut oil production by 2 million barrels per day amid looming demand concerns and the ongoing friction between the West and Russia over the war in Ukraine… “It is OPEC that is going to be controlling the price.… Continue Reading…

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Business

“Nvidia earnings fall short, Q3 forecast misses by $1 billion”

August 25, 2022

“…Here are the most important numbers from the report compared to what analysts were expecting. Revenue: $6.7 billion versus $6.7 billion expected Adj. EPS: $0.51 versus $0.53 expected Data Center: $3.8 billion versus $3.8 billion expected Gaming: $2.0 billion versus $2.0 billion expected Net… Continue Reading…

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Precious Metals

“Higher Copper Prices Are Here to Stay, Could Reach $15,000 [Per Ton]”

July 22, 2022

“Due to this supply-demand gap, an increasing number of analysts have turned super bullish on copper in the short, medium, and long term. Bank of America, Citi, and Goldman Sachs are the latest ones to have bullish forecasts for copper… Continue Reading…

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Cryptocurrencies

“Fake crypto apps have stolen over $42 million from investors in under a year…”

July 22, 2022

“The FBI says 244 investors in under a year have been scammed out of around $42.7 million through fraudulent mobile applications that claim to be legitimate cryptocurrency investment platforms. According to a new warning from the FBI, cyber criminals are attempting to… Continue Reading…

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Cryptocurrencies

“Bitcoin tops $22,000 as crypto market hopes contagion and shakeout is over; ether jumps 10%”

July 18, 2022

“Bitcoin bounced above $22,000 on Monday, hitting its highest level in more than a month as the cryptocurrency market held out hope that the contagion and shakeout over the past few weeks is nearing its end. The world’s largest cryptocurrency was… Continue Reading…

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Economy, Energy

“As Gas Prices Surge, Stations Now Hold Up to $175 of Your Money When You Swipe”

June 27, 2022

“Higher gasoline prices have led stations to raise the holds they put on cards by as much as 40%, a change that means overdraft risks for some… When drivers insert a credit or debit card at the pump, the gas… Continue Reading…

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Cryptocurrencies

“Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears”

June 27, 2022

“Three Arrows Capital, a crypto-focused hedge fund, has to meet a deadline on Monday to repay more than $670 million in loans or face default, in a case that could have a ripple effect across the digital asset market. 3AC,… Continue Reading…

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Cryptocurrencies

“$100 million worth of crypto has been stolen in another major hack”

June 24, 2022

“Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance… It follows a series of notable attacks on other blockchain bridges. The Ronin Network, which supports… Continue Reading…

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Cryptocurrencies

“Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing”

May 17, 2022

“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…

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Economy, Energy

“California’s gas average tops $6 per gallon as prices across the U.S. surge”

May 17, 2022

“California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit a record $6.021 per gallon on Tuesday,… Continue Reading…

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