Archives by Month:

Archives by Year:

Ohio lawmaker pushes for state-backed Bitcoin reserve

Ohio lawmaker pushes for state-backed Bitcoin reserve

Key Takeaways Ohio is considering a Bitcoin reserve to hedge against the dollar’s devaluation. Similar state-level initiatives for Bitcoin reserves are underway in Texas and Pennsylvania. Share this article Ohio State Representative Derek Merrin has introduced legislation to create a state-backed Bitcoin reserve. The proposal involves investing surplus funds in Bitcoin as a hedge against […]
Rebalance Review Of The S&P Global Clean Energy Index – H2 2024

Rebalance Review Of The S&P Global Clean Energy Index – H2 2024

Launched in 2007, the S&P Global Clean Energy Index has been a headline benchmark for measuring clean energy-related companies’ performance over the past 16 years. In April 2021, we launched the S&P Global Clean Energy Select Index to measure the 30 largest companies in global clean energy businesses listed on developed market exchanges.Both indices had their semiannual rebalances on […]
Disney’s Stock Gains As It Scores A Massive Gaming Hit With Marvel Rivals

Disney’s Stock Gains As It Scores A Massive Gaming Hit With Marvel Rivals

Image courtesy of 123rf.com Disney (NYSE: DIS) has recently achieved significant success in the gaming industry with the launch of Marvel Rivals, a new collaboration with NetEase Games. The superhero-themed game has captivated a massive audience, reaching 20 million players within two weeks of its release. Available on multiple platforms, including PC, PlayStation 5, and Xbox Series […]
Here’s What Wall Street Is Saying About Micron Ahead Of Earnings

Here’s What Wall Street Is Saying About Micron Ahead Of Earnings

Image Source: Unsplash Micron Technology (MU) is scheduled to report results of its fiscal first quarter after the market close on Wednesday, December 18, with a conference call scheduled for 4:30 pm ET. What to watch for: GUIDANCE: Along with its last report, Micron guided for Q1 earnings per share of $1.66-$1.82 on revenue of $8.5B-$8.9B. Analysts at the […]
Expect Fed Last Cut For Some Time. The Corn & Ethanol Report

Expect Fed Last Cut For Some Time. The Corn & Ethanol Report

We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Building Permits Prel, Building Permits MoM Prel, Current Account, Housing Starts, and Housing Starts MoM at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., 17-Week Bill Auction […]
Housing Starts Dip A Modest 1.8 Percent November

Housing Starts Dip A Modest 1.8 Percent November

Building Permits Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,505,000. This is 6.1 percent above the revised October rate of 1,419,000, but is 0.2 percent below the November 2023 rate of 1,508,000. Single-family authorizations in November were at a rate of 972,000; this is 0.1 […]
The Market’s Momentum Of Truth Approaches As Breadth Deteriorates

The Market’s Momentum Of Truth Approaches As Breadth Deteriorates

Image source: Pixabay Global rates are nearing a breakout ahead of key central bank meetings, with equity financing costs surging and market breadth weakening. The Federal Reserve is expected to cut rates by 25 basis points today, aligning with market expectations. Tonight, the Bank of Japan is unlikely to raise rates but may signal hawkish intentions, […]
Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion

Key Takeaways World Liberty Financial is integrating the sUSDe stablecoin into its DeFi ecosystem with Ethena. WLFI’s portfolio expansion includes $500,000 investment in Ethena and $250,000 in Ondo. Share this article Donald Trump-backed crypto project World Liberty Financial (WLFI) is partnering with Ethena to integrate the sUSDe stablecoin as a core collateral asset in WLFI’s […]
FTSE Recover Modestly From Two Month Lows Ahead Of Fed & BoE Decisions

FTSE Recover Modestly From Two Month Lows Ahead Of Fed & BoE Decisions

Image Source: Pexels Energy firms lifted the UK’s primary stock index on Wednesday as investors analysed important inflation data for insights into future domestic policy and eagerly anticipated the U.S. Federal Reserve’s interest rate decision later in the day. The FTSE 100 index rose by 0.17%. Energy emerged as one of the leading sectors, increasing by […]
Stocks Rise Ahead Of Interest-Rate Update

Stocks Rise Ahead Of Interest-Rate Update

The Dow Jones Industrial Average (DJI) is up 142 points this afternoon, looking to snap its worst daily losing streak since 1978. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are modestly in the black, as investors look ahead to the Federal Reserve’s interest-rate decision, due out today at 2 p.m. ET. In the meantime, […]