© Reuters. Arm, the chip architecture firm valued at over $54 billion in its September IPO, continues to expand its reach into new computing environments like PCs, data centers, automobiles, and IoT, despite facing multiple challenges. The company reported a 28% annual revenue increase in its first post-IPO earnings report…

On Tuesday, milk futures and cash dairy markets on the Chicago Mercantile Exchange (CME) witnessed a downward trend. November Class III milk was reported at $17.06, December at $16.87, January at $17.04, and February at $17.56. Contracts from March through September showed mixed results, with some stable and others down…

Solana (SOL) Chart / Source: TradingView The price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol, continues to melt higher on Saturday, taking its rally since the start of the week 44% as the price tests $60. SOL/USD was last changing hands around…

Strength in technology stocks as U.S. equities enjoy a bounce off their October lows looks like a breakout that signals the potential for strength into year-end, a technical analyst said Thursday. “After a 12% correction from the July highs, the bears thought tech was finally cracking but the sector has…

© Reuters. Buy any dip in S&P 500 Societe Generale tells its clients Societe Generale (OTC:) strategists are advising investors to consider buying the dip in the . The analysts see positive indicators that suggest continued upside in earnings until the first quarter of 2024. The investment bank also highlights…

By Karl Plume CHICAGO (Reuters) – China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for the most valuable U.S. farm export after overseas sales of the 2023 harvest had fallen well behind the normal pace. Chinese…

The US dollar has shown signs of stabilization following hawkish sentiments from Federal Reserve officials, including Jerome Powell, who suggested potential future rate hikes. This follows a period of decline triggered by steady policy rates and a cooling US labor market. On Tuesday, November 7, the rose by +0.33%, influenced…

Consider the geopolitical chaos in the world right now. The Middle East is in bloody upheaval – thousands of people dead, hundreds held hostage and no end to the conflict in sight. Antisemitism is breaking out on college campuses and elsewhere. Oil could be priced at $150/barrel next year, according…

Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that the hacker drained 1,577 ETH…

It’s the middle of earnings season, but the Treasury market is doing more to move the stock market than any company fundamentals. Stocks have had a wild ride in recent months—but it’s nothing compared with what has happened in bonds. From 3.95% at the end of June, the 10-year U.S.…