This is a very unusual time for investors like me who explore the investment opportunities offered by companies facing distress. I have been practicing this investment strategy for more than 25 years and have never seen so much confusion. There seem to be more and more companies in trouble than…

LDO, ETC, IMX, BTCETF, and MK are considered the best crypto to buy now, following their significant market gains and developments. Image by cryptonews.com. Lido DAO’s LDO price has jumped over 22% in the past week, positioning it as potentially one of the best crypto to buy now. Likewise, Ethereum…

Bitcoin was little changed Friday, holding steady at elevated levels after a recent rally as traders remain bullish. The real star of the show was the second-largest crypto after asset manager BlackRock filed for an Ether exchange-traded fund. The price of Bitcoin has declined less than 1% over the past…

© Reuters Investing.com —  The Dow closed lower Thursday, as Federal Reserve chairman Jerome Powell dealt a blow to bets on sooner rather later rate cuts after signaling that the Fed isn’t ready to close the curtain on rate hikes. At 16:00 ET (21:00 GMT), the was down 220 points…

Russian energy giant Gazprom (MCX:) is developing a comprehensive gas distribution strategy for Kazakhstan and Uzbekistan, according to Alexander Sternik from the Russian Foreign Ministry. The plan, which was still in progress as of Wednesday, involves modernizing the Central Asia – Center pipeline with advanced Russian technologies. This move aims…

Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese yen saw traders on edge over any government intervention.  The dollar was steady in Asian trade, sticking to a recent rebound as Federal Reserve officials continued to offer…

Chinese luxury electric vehicle maker Li Auto stock had a stellar October, delivering a total of 40,422 vehicles, representing a 4x year-over-year increase. The number also rose from 36,060 units in September 2023. Li currently offers three SUVs, namely the Li L9, Li L7, and Li L8 which all combine…

Bitcoin (BTC) Chart / Source: TradingView A near 8% surge in the price of Bitcoin (BTC) in the past seven days has seen its market capitalization jump by more than $50 billion to above $700 billion for the first time in seventeen months. The cryptocurrency’s market cap was last around…

Oil futures ended higher Friday, but tallied a third straight weekly decline as worries about the outlook for demand and expectations for a supply surplus have overtaken supply risks tied to the Israel-Hamas war.Price action West Texas Intermediate crude CL00, +2.13% for December delivery CL.1, +2.13% CLZ23, +2.13% rose $1.43,…

© Reuters. ArcelorMittal (NYSE:)’s subsidiary, AMNS India, in which the steel giant holds a 60% stake, posted a robust year-on-year (YoY) increase in Q3 EBITDA of over 160% to $533 million, compared to $204 million in the year-ago-period. The company reported on Thursday that this significant growth was primarily driven…