The USD/CAD price relentless sell-off accelerated on Tuesday as focus shifted to the upcoming US consumer inflation data. It has declined in the past five consecutive days and is trading at the lowest level since September 2017. Canadian dollar strength accelerates The Canadian dollar has been...

https://invezz.com/news/2021/05/11/usd-cad-heres-why-the-loonie-has-surged-to-a-four-year-high/

#InvezzNews

SpaceX has accepted Dogecoin (DOGE) as payment to launch a lunar mission. A press release unveiled this news on May 9, noting that the Geometric Energy Corporation (GEC) had paid SpaceX to launch its DOGE-1 Mission to the Moon in DOGE. This deal became the first-ever commercial lunar payload to be ...

https://invezz.com/news/2021/05/11/spacex-takes-doge-as-payment-to-launch-gecs-doge-1-mission-to-the-moon/

#InvezzNews

Palantir Technologies Inc. (NYSE: PLTR) is in focus on Tuesday as the company reported its financial results for the fiscal first quarter. The stock was down about 8% in premarket trading on Tuesday. Palantir Technologies said its net loss more than doubled in the first quarter despite revenue that ...

https://invezz.com/news/2021/05/11/how-to-buy-palantir-technologies-stock-after-it-reported-better-than-expected-q1-revenue/

#InvezzNews

Novavax Inc (NASDAQ: NVAX) delayed ramping up COVID-19 vaccine production again on Monday and said it was unlikely to seek regulatory approval for its shot in Europe, UK, and the United States until Q3 of 2021. Shares of the company slid about 7% in premarket trading on Tuesday. Following the ...

https://invezz.com/news/2021/05/11/heres-why-novavax-stock-fell-again-on-tuesday-morning/

#InvezzNews

Ethereum was one of the best performers on the cryptocurrency market last month, and the price of this cryptocurrency has advanced from $1922 above $2800 in April. The current price stands around $2940, and according to digital assets investment guidance provider Two Prime, Ethereum is still ...

https://invezz.com/news/2021/05/02/ethereum-could-advance-even-more-in-the-ongoing-bull-market-here-are-the-next-targets-for-buyers/

#InvezzNews

Thailands financial watchdogs are gearing up to introduce new policies that will require crypto exchanges to verify the identities of new users in person. The countrys Anti-Money Laundering Office (AMLO) will mandate exchanges to use a dip-chip machine for identity verification starting July 2021. ...

https://invezz.com/news/2021/05/03/thailand-set-to-tighten-rules-for-opening-new-accounts-at-crypto-exchanges/

#InvezzNews

CNA Financial Corp. (NYSE: CNA) reported better-than-expected net income for the fiscal first quarter on Monday as net investment income showed resilience in recent months. 1. Financial performance CNA Financial said that its net income in the first quarter printed at 224.69 million that translates ...

https://invezz.com/news/2021/05/03/3-key-takeaways-from-cna-financials-q1-earnings-report/

#InvezzNews

The NZD/USD pair bounced back after the relatively strong economic data from New Zealand. It rose from the overnight low of 0.7115 to 0.7170. New Zealand economy rebounding The New Zealand government was rightly praised for its coronavirus response. The government made swift decisions that led...

https://invezz.com/news/2021/05/05/nzd-usd-spikes-after-hawkish-orr-comments-but-the-sell-off-could-resume/

#InvezzNews

Boohoo Group plc (LON: BOO) said on Wednesday its pre-tax profit saw a significant increase in fiscal 2021. The company also expressed confidence that its revenue is likely to climb by 25% this year. Boohoo said: The groups medium-term target of sales growth of 25% per year and an adjusted EBITDA ...

https://invezz.com/news/2021/05/05/boohoo-groups-pre-tax-profit-climbs-by-35-in-fiscal-2021/

#InvezzNews

WallStreetBets founder Jaime Rogozinski says the Reddit group will deploy blockchain technology in its bid to tackle market manipulation. He said he has been working with fintech and blockchain experts to develop exchange-traded portfolios (ETPs) to tackle corrupt institutions and stop depending on ...

https://invezz.com/news/2021/05/06/wallstreetbets-deploys-blockchain-to-fight-market-manipulation/

#InvezzNews

MoneyGram (NASDAQ:MGI), a leading player in the cross-border P2P payments and money transfers market, announced today that it is partnering with Coinme, operator of the largest licensed cryptocurrency cash exchange in the U.S, to enable customers to purchase cryptocurrency with cash and withdraw ...

https://invezz.com/news/2021/05/12/moneygram-partners-with-coinme-to-expand-cryptocurrency-access/

#InvezzNews

Vitalik Buterin, Ethereums co-founder, became the latest crypto billionaire in the past week after Ether (ETH) gained surpassed $3,000. After achieving this feat, ETH officially made Buterin a billionaire, seeing as he holds around 330,000 ETH. After unlocking this feat, ETH surged further and ...

https://invezz.com/news/2021/05/12/vitalik-joins-the-list-of-crypto-billionaires/

#InvezzNews

Petrus Advisers started a proxy fight last month at Germanys Aareal Bank (ETR: ARL), seeking to replace three members of its supervisory board. The London-based activist hedge fund owns a little under 10% of the banking company. On CNBCs Squawk Box, Petrus Advisers head of activism, Till Hufnagel, ...

https://invezz.com/news/2021/05/12/till-hufnagel-explains-why-petrus-advisers-is-seeking-change-at-aareal-bank/

#InvezzNews

Billionaire hedge fund investor Bill Ackman revealed on Wednesday that his fund Pershing Square Capital Management sold out its stake in multinational Coffeehouse Starbucks (NASDAQ: SBUX) in favor of a 6% stake in the global restaurant chain Dominos Pizza (NYSE: DPZ). Dominos shares spiked 4.4% in ...

https://invezz.com/news/2021/05/13/was-bill-ackman-right-in-selling-starbucks-stock-and-buying-dominos-pizza-stock/

#InvezzNews

The National Agency for Project Management under the President of the Republic of Uzbekistan (NAFT) is contemplating lifting the ban on crypto trading in the country. A report unveiled this news on April 30, citing an official document that the agency issued. Reportedly, NAFTs document proposes ...

https://invezz.com/news/2021/04/30/uzbekistan-presidential-agency-mulls-lifting-the-ban-on-crypto-trading/

#InvezzNews

Amazon shares have advanced above $3500 after better than expected first-quarter results, and according to the technical analysis, shares of this company could advance even more. Fundamental analysis: Amazons business continues to grow rapidly Amazons business continues to grow rapidly...

https://invezz.com/news/2021/04/30/should-i-invest-in-amazon-shares-after-morgan-stanley-raised-its-price-target-to-4500/

#InvezzNews

New York-based auction house Sothebys is set to start accepting digital currencies as payment for physical pieces of art. Charles F. Stewart, Sothebys CEO, unveiled this news during an interview on May 5, noting that the auction house would accept Bitcoin (BTC) and Ethereum (ETH) for Love is in the ...

https://invezz.com/news/2021/05/04/sothebys-starts-accepting-cryptocurrencies-for-physical-art/

#InvezzNews

Wall Streets three main indexes are trading modestly lower at the beginning of May, and the U.S. stock market remains under pressure. Vanguard S&P 500 ETF has weakened around 0.6% this Tuesday; still, the price of this ETF continues to trade in a bull market, and according to technical analysis, ...

https://invezz.com/news/2021/05/04/vanguard-sp-500-etf-has-weakened-after-comments-from-treasury-secretary-janet-yellen/

#InvezzNews

Apple shares have weakened from their recent highs above $140, and the current price stands around $128. Apple reported better than expected second-quarter results last week, and the company increased the quarterly dividend by 7.3%. Fundamental analysis: Morgan Stanley raised its target on Apple ...

https://invezz.com/news/2021/05/06/is-may-a-good-month-for-buying-apple-shares/

#InvezzNews

The US dollar index dropped for the third straight day after the US published the latest non-farm payroll data. It dropped to $90.54, which is 2.90% below the year-to-date high of $93.42. US non-farm payrolls data The US economy is firing on all cylinders, leading many to question whether the ...

https://invezz.com/news/2021/05/07/dxy-dollar-index-slips-after-the-weak-us-non-farm-payroll-data/

#InvezzNews

The USD/CAD price is on track for the sixth consecutive week in the red after the weak jobs numbers from the United States and Canada. The pair dropped to 1.2146, which was the lowest level since November 11 2017. Canada and US jobs numbers The Canadian economy has had a relatively strong ...

https://invezz.com/news/2021/05/07/usd-cad-no-end-in-sight-for-canadian-dollar-remarkable-comeback/

#InvezzNews

Citibank, one of the oldest banks in the US, is mulling introducing crypto trading, custody, and financing services. The banking giants Head of Foreign Exchange, Itay Tuchman, unveiled this news earlier today, noting that the bank has had an influx of requests from its clients to introduce Bitcoin (...

https://invezz.com/news/2021/05/07/citibank-contemplates-rolling-out-crypto-trading-and-custody-services/

#InvezzNews

ChemoCentryx Inc (NASDAQ: CCXI) tanked roughly 60% in the stock market on Friday as approval for its drug for an autoimmune disease hung in the balance. ChemoCentryx is seeking FDA approval for Avacopan as a treatment for Antineutrophil Cytoplasmic Autoantibody (ANCA)-associated vasculitis (or AAV...

https://invezz.com/news/2021/05/07/heres-why-chemocentryx-plunged-60-in-the-stock-market-on-friday/

#InvezzNews

The U.S. Bureau of Labour Statistics said on Friday that the shortage of raw materials and workers resulted in a surprise decline in job growth last month. Nonfarm payrolls jumped only by 266 thousand jobs in April versus close to a million additions expected. For the first time since the start of ...

https://invezz.com/news/2021/05/07/treasury-secretary-janet-yellen-comments-on-the-u-s-jobs-data-for-april/

#InvezzNews

The Turkey government has introduced a new policy that will require all crypto exchanges in the country to report all crypto transactions worth more than 10,000 liras to the Financial Crimes Investigation Board (MASAK). The countrys minister of Treasury and Finance Ltfi Elvan, made this announcement...

https://invezz.com/news/2021/05/07/turkey-to-start-monitoring-crypto-transactions-worth-more-than-868/

#InvezzNews

The issue of regulating cryptocurrencies has been something that the crypto industry has been looking forward towards for a very long time. Unfortunately, it never did come to pass, as of yet. But, the US SEC now has a new chairman, Gary Gensler, who is extremely familiar with crypto, being an MIT ...

https://invezz.com/news/2021/05/08/sec-chairman-on-crypto-investor-protection-needs-to-be-top-priority/

#InvezzNews

The U.S. stock market ended higher on Friday, and Wall Streets three main indexes advanced despite a weaker than expected job report. The U.S. released on Friday Nonfarm Payrolls report, which showed that the country added just 266K jobs in April. Compared with the 770K jobs added in March, the job ...

https://invezz.com/news/2021/05/09/dow-jones-sp-500-and-nasdaq-continue-to-trade-in-a-bull-market-despite-weaker-than-expected-job-report/

#InvezzNews

The GBP/USD pair surged by more than 1.5% to the highest level since February 25 as the market reflected on the rising house prices in the UK and the weak US dollar. It is trading at 1.4120, which is 3.3% above the lowest level since April 12. UK house prices rise The UK economy is []
...

https://invezz.com/news/2021/05/10/gbp-usd-2-reasons-why-the-british-pound-rose-by-1-5-on-monday/

#InvezzNews

Ether, which is the native currency on the Ethereum blockchain, has grown by over 2,000% over the past year. The rising demand for Ethereum from DeFi and NFTs could explain the surge. The next potential price target for Ethereum is $4,300 or $4,500 with a potential downside to $3,500. The price of ...

https://invezz.com/news/2021/05/10/is-ethereum-still-a-buy-at-4000/

#InvezzNews

Google (NASDAQ: GOOGL) said on Thursday it will provide cloud services to SpaceX Elon Musks aerospace company as it ramps up its efforts to provide fast internet services via its Starlink satellites. According to Google Clouds senior vice president of technical infrastructure, Urs Holzle: ...

https://invezz.com/news/2021/05/14/spacex-teams-up-with-google-to-deliver-high-speed-internet-services/

#InvezzNews