Dashboard

Financial News

Couple secures multimillion-dollar Gold Coast apartment at Jewel
realestate55d ago

Couple secures multimillion-dollar Gold Coast apartment at Jewel

A retired physician scientist and entrepreneur have paid millions for their beachfront home, but it’s the promise of never losing their ocean views that sealed the deal.The post Couple secures multimillion-dollar Gold Coast apartment at Jewel appeared first on realestate.com.au.

#COMMODITIES
Bitcoin is in a precarious spot as the bounce loses momentum
forexlive55d ago

Bitcoin is in a precarious spot as the bounce loses momentum

The bitcoin price action is uninspiring and the chart is even worse.The last two weeks has been a disaster in the crypto market and it might not be over yet. Friday's big bounce from $60,000 was impressive and it came with talk about some kind of idiosyncratic liquidation, with eyes focused on Asia.Yet despite that, bitcoin wasn't able to get all the way back to Thursday's opening levels. Moreover, there was a strong rebound in risk appetite yesterday including in tech stocks and it couldn't make any headway. Now it's underperforming today down 2.2% to $68,700.It's not quite at the point where I'd ring the alarm bells but if the weekend low of $67,328 cracks, it's an ugly picture.In the longer term, bitcoin is back to Trump pre-election levels. There has been serious deregulation in the space since then but it hasn't resulted in profits. Instead, it's brought about a proliferation in scams and likely eroded trust in the space. That's turned into something of an evil geenie where the wish is granted and it brings about ruination.Strategy (MSTR) CEO Michael Saylor was on CNBC today downplaying the risks to its holdings of 714,644 bitcoins worth $48 billion.“If bitcoin falls 90% for the next four years, we’ll refinance the debt,” the executive said Tuesday on CNBC’s “Squawk Box.” “We’ll just roll it forward.”That depends on finding willing lenders and that's hard to imagine. That said, the idea of a forced liquidation any time soon is remote.The bigger problem for bitcoin is the lack of buyers as gold grabs headline as the alternative to dollars. We still don't have any treasuries officially holding bitcoin as a reserve asset and the volatility remains high. I'll be watching carefully in the next day but the downside risks aren't the only ones. The hourly chart above shows some consolidation and if it can break above $72,000 we can see that kind of FOMO that lifted it on Friday hit again. This article was written by Adam Button at investinglive.com.

#CRYPTO#COMMODITIES
Sam Bankman-Fried wants a re-trial for fraud charges
engadget55d ago

Sam Bankman-Fried wants a re-trial for fraud charges

Former cryptocurrency poster boy Sam Bankman-Fried is trying to get another chance in court. He has filed a request that for a new trial on claims that new witness testimony could alter the case made against him by prosecutors, according to Bloomberg. His odds for getting the re-trial, where he'd be representing himself, seem pretty slim. This is a separate motion from a formal appeal of his previous conviction.Bankman-Fried is one of many cryptocurrency leaders who have since been prosecuted for fraud. After being jailed for witness tampering, he was found guilty of seven charges of fraud and conspiracy in 2023. Bankman-Fried was sentenced to 25 years in prison for his actions as CEO and co-founder of crypto exchange FTX. This article originally appeared on Engadget at https://www.engadget.com/big-tech/sam-bankman-fried-wants-a-re-trial-for-fraud-charges-185910093.html?src=rss

#CRYPTO
Weekly Analysts’ Ratings Updates for Gildan Activewear (GIL)
thelincolnianonline55d ago

Weekly Analysts’ Ratings Updates for Gildan Activewear (GIL)

Several brokerages have updated their recommendations and price targets on shares of Gildan Activewear (NYSE: GIL) in the last few weeks: 2/3/2026 – Gildan Activewear had its “outperform” rating reaffirmed by analysts at Scotiabank. 2/3/2026 – Gildan Activewear had its price target raised by analysts at Scotiabank from $66.00 to $72.00. They now have a [...]

#COMMODITIES
Analysts’ Recent Ratings Changes for Kinross Gold (KGC)
thelincolnianonline55d ago

Analysts’ Recent Ratings Changes for Kinross Gold (KGC)

Kinross Gold (NYSE: KGC) has recently received a number of price target changes and ratings updates: 2/4/2026 – Kinross Gold was given a new $54.00 price target on by analysts at Canadian Imperial Bank of Commerce. 1/30/2026 – Kinross Gold was given a new $43.00 price target on by analysts at UBS Group AG. 1/28/2026 [...]

#COMMODITIES
Datadog Q4 earnings: sufficient to justify a 230x earnings multiple?
invezz55d ago

Datadog Q4 earnings: sufficient to justify a 230x earnings multiple?

Datadog Inc (NASDAQ: DDOG) is rallying this morning after the cloud-based observability firm posted its fourth-quarter report that, on the surface, appeared to be a clean beat. The company reported $953 million in revenue on 59 cents a share of adjusted earnings for its Q4, both handily above Street estimates. However, one could argue [...]

#STOCKS