Heng Ong Huat 兴旺发
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Since the approval of Bitcoin spot ETFs earlier this year, investor interest in Bitcoin has surged during the cryptocurrency rally. Traditional financial institutions are eager to participate in this burgeoning market. Beyond the widely embraced Bitcoin spot ETFs, the prospect of facilitating direct Bitcoin transactions is also being considered. Reports indicate that the Chicago Mercantile Exchange (CME) intends to...
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News Highlights
$Faraday Future Intelligent Electric Inc.(FFIE.US$ shares ended 134.04% higher. Its options trading volume was 0.80 million. Call contracts account for 64.6% of the total trading volume.
Faraday Future rose 134% on Thursday and is now up more than 4,000% for the week. A huge percentage of short interest on the stock is a major factor in the suddenbuying action. The electric vehicle had been tr...
$Faraday Future Intelligent Electric Inc.(FFIE.US$ shares ended 134.04% higher. Its options trading volume was 0.80 million. Call contracts account for 64.6% of the total trading volume.
Faraday Future rose 134% on Thursday and is now up more than 4,000% for the week. A huge percentage of short interest on the stock is a major factor in the suddenbuying action. The electric vehicle had been tr...
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Heng Ong Huat 兴旺发
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CPI in the United States decreased to 3.40 percent in April from 3.50 percent in March of 2024. Core consumer prices in the US increased 3.60 percent in April of 2024 over the same month in the previous year, down from 3.80% in March.
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.
Used cars and t...
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.
Used cars and t...
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The stock market is currently amidst another frenzy over meme stocks, ignited by the online reappearance of a pivotal player from the 2020 and 2021 mania. $GameStop(GME.US$ has been one of the biggest winners of the frenzy this week, along with $AMC Entertainment(AMC.US$. Shares of other meme stocks, including $BlackBerry(BB.US$, $On Holding(ONON.US$, $Rivian Automotive(RIVN.US$ and $Kohl's Corp(KSS.US$ have followed suit.
Let'...
Let'...
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ColumnsAs Cash Reserves Fell Below Restrictive Levels, Has the Crisis for Regional Banks Not Ended Yet?
As the financial reports of many major banks in the first quarter of this year fell short of expectations, regional banks with less competitiveness are facing a more difficult operating environment.
Fed's weekly data shows that the cash reserves of small banks in the United States plummeted sharply in April, falling below what is considered to be the constraint levels. This does not include the $126 b...
Fed's weekly data shows that the cash reserves of small banks in the United States plummeted sharply in April, falling below what is considered to be the constraint levels. This does not include the $126 b...
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