Cryptonews
When you're looking at Bitcoin's potential future value, the span from $20,000 to a staggering $5 million is bound to raise eyebrows. Yet, this was the prediction range that emerged from a unique interaction between a noted cryptocurrency analyst and an AI model. The Bitcoin
Deals
U.S. auditors have gained access to Chinese data. In 2020, the U.S. passed a law that threatened firms whose working papers could not be audited with expulsion from the New York Stock Exchange and Nasdaq.
Deals
U.S. inflation fell to 7.1% in November from 7.7% a month earlier. Analysts had expected a decline to 7.3%. Falling energy and used car prices played a big role in the improvement in CPI. Indices are rising, hopes for a soft landing are coming to life.
Global Company
Earnings per share were $1.82, compared to expectations of $1.65. Revenue was worse than expected: $29.12 billion, compared to the forecast of $29.61 billion. Revenue from cloud computing also fell short of expectations: ¥20.76 billion, compared with a forecast of ¥21.11 billion. The company
Politics
Last month was better than forecasts. Retail sales were flat in September. But already in October they were 0.3% better than the seasonally adjusted forecast. But this is a negative for the markets. In anticipation of the holiday season, Americans are already starting to buy more goods. Sales are
Politics
The annual core U.S. producer price index fell to 6.7% in October after 7.2% a month earlier. Forecasts were far from so optimistic. Analysts had expected the index to hold steady. After last week's CPI data, optimism returned to the US market. Today's
Politics
The commission is still working on the details of the new plan, and some elements, including the size of the package, have not been finalized. Ukraine will need about $38 billion in foreign financial aid next year.
Global Company
OPEC also left its 2022 and 2023 demand forecast unchanged. Leading economies are doing better than forecast, which means demand will be robust. The latest macro data shows that OPEC is right.
Politics
Cryptocurrency settlements will partially help replace international SWIFT transfers. However, do not get too excited: legalization of transfers means control over transactions by the state. This is the official position of regulators. It is still unknown to what extent the Ministry of Finance and the Central Bank will regulate this
Politics
The company exchanged assets with VK. Yandex will get Delivery Club, while VK will get Yandex Zen and Yandex News. Yandex now owns the two largest food delivery services. Service Yandex and Delivery Club occupy about a quarter of the market of delivery of ready-made food. And the delivery market
Politics
By the end of the year the company plans to build a pipeline several hundred meters long. The pipeline will make it possible to connect the floating storage regasification unit to land.
Politics
Shares of U.S. oil and gas companies continue to rebound from their June highs. The sector is up 4.3% on Tuesday. This allows the S&P 500 to gain 0.2%, despite the negativity surrounding the meds. Oil and gas producers will continue to rise. The price