The recent update announced by THENA regarding their intent-based decentralized derivatives exchange, ALPHA, has brought about significant changes in the trading experience for users. Powered by IntentX, Orbs, and SYMMIO, this upgrade aims to streamline the trading process and enhance user interaction with the platform. With the introduction of the Trade2Earn Program, users now have
Morgan Stanley has highlighted Nvidia as a top tech stock to watch ahead of earnings season, citing positive catalysts that could drive share gains in the coming months. The firm’s analyst, Joseph Moore, is optimistic about the AI chipmaker’s prospects, pointing to strong spending trends in AI and robust demand for the company’s GPUs. Despite
The spring housing market has been facing challenges with low supply, high prices, and spiking interest rates, leading would-be homebuyers to shift their focus towards new construction properties. According to Nicole Bachaud, a senior economist at Zillow Group, there is more opportunity in new construction homes compared to previously owned ones. In March, approximately 693,000
The water and wastewater infrastructure in the United States have been a growing concern in recent years. Despite the significant federal funding allocated in the 2021 Infrastructure Investment and Jobs Act, a large portion of it remains undistributed. With approximately 94% of the $55 billion earmarked for water and wastewater needs yet to be disbursed,
Despite recent concerns about the progress of artificial intelligence and the overall state of the tech sector, Alphabet’s latest quarterly results have provided some relief to analysts and investors. The company’s first-quarter earnings exceeded expectations, leading to a 10% increase in share prices and an all-time high. Major analysts from firms like UBS and Bank
The Food and Drug Administration recently approved Pfizer’s treatment for a rare genetic bleeding disorder, marking a significant milestone for the company. This groundbreaking gene therapy, known as Beqvez, is the first of its kind to receive clearance in the United States. The approval opens up new possibilities for adults with moderate to severe hemophilia
The U.S. dollar experienced a slight decline on Friday as investors awaited the release of crucial U.S. inflation data. This data has the potential to significantly impact market sentiment, particularly with the upcoming Federal Reserve meeting. The Dollar Index, which measures the dollar against a basket of other currencies, was down 0.1% at 105.395 during
As Bitcoin continues to hover within a trading range of $60,000 to $70,000, the looming specter of higher U.S. interest rates is casting a shadow over the cryptocurrency market. The sentiment towards crypto markets has been dampened by the growing expectations of prolonged interest rate hikes by the Federal Reserve. Recent reports of U.S. prosecutors
The recent market developments have created a significant amount of volatility and uncertainty among investors. Municipalities faced losses as U.S. Treasuries yielded higher returns, prompting equities to sell off after a slowdown in GDP growth during the first quarter. This downturn in economic growth was further compounded by rising inflation rates, particularly with the core
The recent halving of Bitcoin has sparked a subdued market response, in contrast to the surges in price witnessed during previous halving events. Analysts have noted that the market expectations for this halving are somewhat different, with varying economic conditions influencing investor behavior. While historical trends suggest that Bitcoin prices typically climb after a halving,