February 28, 2025 7:56 am
Key moments The iShares Bitcoin Trust by BlackRock saw a single-day withdrawal of $418.1 million, the largest since its launch. Total daily outflows from U.S. spot Bitcoin ETFs reached $754.6 million on February 26. Bitcoin ETFs collectively experienced a $1 billion outflow on said day, ETF Store president claims. $1 Billion Outflow and $82,000 Bitcoin […]
Read moreFebruary 27, 2025 2:34 pm
Key moments United Therapeutics’ Q4 2024 earnings of $6.19 per share beat estimates by 1.5%, surging 42% YoY driven by strong product sales. Q4 revenue reached $735.9 million, up 20% YoY, fueled by growth in Tyvaso, Remodulin, Orenitram, and Unituxin. Despite the increased earnings and revenue, UTHR shares dropped nearly 4% in pre-market trading. United […]
Read moreFebruary 27, 2025 1:23 pm
Key moments Robert E. Diamond Jr., a director of Triller Group Inc. (NASDAQ:ILLR), completed sales of 100,354 shares of common stock, totaling $104,657 over a three-day period. The largest single-day transaction involved the sale of 75,000 shares on February 25th, at a weighted average price of $1.05 per share. These sales occurred amidst significant volatility […]
Read moreFebruary 27, 2025 11:17 am
Key moments The company has resumed paying dividends to its shareholders after a five-year hiatus, with a payout of approximately £500 million. Rolls-Royce has launched a significant £1 billion share buyback program, aiming to reduce its share capital and boost shareholder value. The company’s stock has experienced a substantial 18% spike, reaching a new 52-week […]
Read moreFebruary 27, 2025 10:42 am
Key moments The AUD/USD has fallen below its recent high and is approaching its 55-day moving average. The EUR/JPY is hovering above its recent low, with a key support zone holding for now, but may be poised for further declines. The USD/JPY has stabilized after a brief slide, with the yen remaining in demand as […]
Read moreFebruary 27, 2025 9:43 am
Key moments The US dollar has gained 0.2% against rival currencies, putting pressure on gold prices. Several Federal Reserve officials are scheduled to speak later in the day, which may provide insight into the central bank’s policy plans. The Personal Consumption Expenditures (PCE) index, a key inflation report, is due to be released on Friday […]
Read moreFebruary 27, 2025 8:05 am
Key moments FBI has accused North Korea of stealing $1.5 billion worth of digital assets from Bybit exchange. The theft is believed to have been carried out by a group called TraderTraitor, also known as the Lazarus Group, which has been linked to several high-profile cyberattacks in the past. The stolen assets are being rapidly […]
Read moreFebruary 26, 2025 3:05 pm
Key moments DeepSeek’s release of its latest model, DeepSeek-R1, led to a significant decline in Nvidia’s shares, with the stock falling close to 9% thus far in 2025. The rise of DeepSeek has sparked a shift in the AI industry, with a growing trend towards democratization and the development of foundational models that can operate […]
Read moreJanuary 3, 2025 10:34 am
Key Takeaways: European natural gas futures have surged to their highest level since October 2023, with prices climbing over 4% to €51 per megawatt-hour, after Russian gas flows to Europe via Ukraine stopped. The halt of Russian gas flows has exacerbated concerns about faster storage withdrawals, with European gas inventories already depleted at the fastest […]
Read moreJanuary 3, 2025 9:29 am
Key Takeaways: The euro has fallen to its weakest level against the dollar since 2022, reaching $1.0306, due to concerns about Europe’s economy and expectations of interest rate cuts. The pound has also declined, reaching an eight-month low of $1.2389, amid worries about weak UK growth and potential interest rate cuts. Weak growth, US trade […]
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