A class action lawsuit alleges that stakeholders of Yuga Labs, the parent company of the NFT series Bored Ape Yacht Club and its affiliated digital products, engaged in a conspiracy with celebrities to defraud potential investors. In the lawsuit, filed Dec. 8 in federal district court in Los Angeles, Yuga’s partners — including veteran music …
Expectations weren’t high for the week the stock market would establish its position ahead of the latest interest rate hike in a policy turnaround year for the Fed. But the result was reasonably mild. Energy stocks are showing some stress, although the fundamentals that drive oil and natural gas prices have yet to improve. The …
Investment action plan: Patience, marbled with optimism Read More »
Some of the world’s biggest oil and gas companies have internally dismissed the need to quickly switch to renewables and cut global warming emissions, despite coming forward publicly as concerned about the climate crisis, a researcher has found. committee of the United States House of Representatives. Documents obtained from companies such as Exxon, Shell, BP …
Oil companies have internally rejected swift climate action, House panel finds Read More »
Crude prices fell significantly at the start of the week despite robust US economic data coupled with strong employment numbers and a positive industrial PMI. Chart of the week Late and lax, oil price cap fails to impress markets – Oil prices are in freefall this week, with WTI returning to levels just above $75 …
Oil falls as markets fear further action from the US Fed | OilPrice.com Read More »
Meta Materials Inc (OTCMKTS: MMTLP) has a huge week ahead of it as the short squeeze enters its final days of trading and the huge estimated short position of 80-100 million now needs to be covered. The excitement over MMTLP is palpable with numbers like $60 per share or $80 per share at the height …
Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. The stock market rally fell Thursday morning on hawkish statements from the Fed, extending Wednesday’s losses. But the major indexes bounced off some key levels to close slightly lower. X Treasury yields rebounded as crude oil prices fell. Apple (AAPL), Microsoft …
The rally shows constructive action; Four prize winners Read More »
