US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered in August, adding to this year’s rally. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and earnings reports from … Read more

Bitdeer’s second-quarter losses widen after one-time $33 million listing fee, shares surge 44%

Bitdeer Technologies, a Bitcoin miner, a spin-off of Bitcoin Application Specific Integrated Circuit (ASIC) manufacturer Bitmain, registered A net loss of $40.4 million in the second quarter of 2023, up from a net loss of $15.6 million in the second quarter of 2022. The company disclosed in its earnings report published Aug. 11 that the … Read more

Asia follows Wall Street lower after US data revived concerns about a rate hike

BEIJING (AP) – Asian stock markets fell on Monday after robust inflation in the United States revived fears that the Federal Reserve could raise interest rates again. Hong Kong’s main market index fell 2.4%. Shanghai, Tokyo and Sydney also fell behind. Oil prices sank. Wall Street’s benchmark S&P 500 fell 0.1% on Friday after government … Read more

Crispy Healthy Peach Recipe: How to Make It

From peach pie to peach crumb bars, peaches are the perfect fruit for baking. They’re naturally tender and sweet, loaded with health benefits, and pair beautifully with a variety of flavors. The only problem? Many peach desserts, while delicious, contain a lot of sugar along with the peaches. If you’re looking for a better option … Read more

US Government Debt Rating Downgrade – Huge Bitcoin News?

On this week’s episode of macro marketsMarcel Bichmann, analyst and writer on Cointelegraph, explores the downgrade of US debt by Fitch Ratings. According to Bechman, this change indicates waning confidence in the US government’s ability to handle its fiscal responsibilities. The downgrade prompted investors to take a cautious stance, prompting many to take their money … Read more

Country Garden crisis worsens as yuan bonds stall and stocks plunge

(Bloomberg) — A crisis is brewing at Country Garden Holdings, formerly the largest Chinese developer, after units halted trading on domestic bonds and stocks plunged in the wake of a Morgan Stanley downgrade. Most Read from Bloomberg The developer, whose problems threaten worse repercussions than struggling peer China Evergrande Group given it has four times … Read more