The FTSE 100 reached a new intraday high, driven by strong performances from Shell, Glencore, and Reckitt Benckiser following their half-year results. Standard Chartered impressed with a $1 billion buyback and a 66% dividend increase, while Glencore reported near top-end profits of $3.3 billion in commodities trading. Despite renewed Gulf tensions and rising oil prices, the market showed resilience ahead of the US Federal Reserve's interest rate decision. Investors are also watching upcoming earnings from major tech companies and economic data releases globally.
The S&P 500 fell 4.4%, breaking below key technical levels and triggering preset sell rules, pausing new growth stock purchases. Despite the drop, the index remains above its 200-day average and historically tends to rebound within a month after simi...
Comcast trades at a low price-to-earnings ratio of about 8 and offers a high dividend yield of 5.58%, supported by strong free cash flow. However, its dividend growth has stalled, buybacks are paused, and it is losing broadband and video customers to...
A crypto address increased its short position in Ether (ETH) by about $3.2 million, bringing the total short to 6,543.11 ETH, valued at approximately $14.56 million. This position has generated cumulative gains of roughly $21.77 million. The update w...
Bitcoin briefly rose above $80,000 but quickly fell back to $75,000, where it has consolidated for several days. The initial rally was driven by short squeeze and some buying activity, but weak spot demand, significant ETF outflows, and increased sel...
Bitcoin (BTC) exchange-traded funds (ETFs) experienced $1.47 billion in outflows over the past week, including a single-day withdrawal of $366 million. Ether (ETH) ETFs also saw $391 million in outflows during the same period. These net outflows indi...
