Shares of Aramark (ARMK), food service, facilities, and uniform services provider, are rising more than 5% Tuesday morning after reporting better-than-expected third-quarter results. Earnings for the quarter increased to $338.48 million, or $1.29 per share from $40.33 million, or $0.16 per share, in last year’s third quarter. Excluding items, Aramark […]

Rating downgrades for 10 small and mid-sized banks in the U.S., double-digit decline in China’s trade numbers and anxiety ahead of the release of inflation numbers from China and U.S. dampened sentiment across markets. Wall Street Futures are trading with losses. European benchmarks are trading near four-week lows, dragged down […]

In a recent post on X, the platform formerly known as Twitter, Timothy Peterson, a prominent expert in alternative investments, made a bold prediction about the future of Bitcoin. According to Peterson, who works at Cane Island Alternative Advisors (which is a registered investment advisor offering advisory services in the […]

Shares of Teva Pharmaceutical Industries Limited (TEVA) are rising more than 13% Wednesday morning after reporting second quarter results above analyst’ view. The company also raised its full-year revenue outlook. Excluding one-time items, the company reported earnings of $629 million or $0.56 per share, that beat the average estimate of […]

Cryptocurrencies edged lower during the past 24 hours amidst the monetary policy review by major central banks. The Federal Reserve, The European Central Bank and Bank of Japan pronounced decisions last week. The decisions of the Reserve Bank of Australia and the Bank of England are scheduled for the current […]

In the world of cryptocurrency, being “orange-pilled” means transforming from a crypto skeptic into a believer, particularly in Bitcoin. This term is now being used to describe Larry Fink, the CEO of BlackRock Inc., the world’s largest asset manager, by none other than Mike Novogratz, a prominent figure in the […]

Prominent pseudonymous cryopto analyst “Pentoshi” has been keeping a close eye on Solana (SOL), a rival to Ethereum (ETH). He stated that as long as Solana’s price remains above $22.30, he maintains a positive view on the cryptocurrency. Pentoshi’s analysis is based on high time frame (HTF) price action, a […]

Shares of Consumer goods company Newell Brands (NWL) are rising more than 5% Friday morning after its second quarter earnings beat the consensus estimate. Normalized net income was $101 million or $0.24 per share, compared with $232 million or $0.56 per share last year. Analysts on average polled by Thomson-Reuters […]

Cryptocurrencies declined close to a percent in the past 24 hours amidst anxiety triggered by the stronger-than-expected U.S. GDP and the tweaking in the yield curve control announced by the Bank of Japan. Advance estimates released on Thursday by the U.S. Bureau of Economic Analysis showed the U.S. economy grew […]

Relief rally following the Fed and the ECB acting on expected lines fizzled as markets reconciled to the GDP surprise from the U.S. and the yield curve shocker from Bank of Japan. The yen’s bounce, the Dollar’s rebound and mixed corporate earnings also swayed sentiment. European benchmarks are trading mostly […]