Soybeans rise as drought threaten Argentine crop; wheat dips

Breadcrumb Trail Links PMN Business Article content SINGAPORE — Chicago soybean futures rose on Wednesday, recouping some of last session’s losses, as concerns over a lack of rains in top supplier Argentina supported prices. Corn also ticked higher, while wheat prices eased. Financial Post Top Stories Sign up to receive the daily top stories from … Read more

Activision dips on report FTC is likely to challenge Microsoft’s acquisition (NASDAQ:ATVI)

David Becker/Getty Images Entertainment Activision Blizzard (NASDAQ:ATVI) is 3.6% lower postmarket alongside a holiday eve report that the Federal Trade Commission is likely to file an antitrust lawsuit to block its $69B acquisition by Microsoft (NASDAQ:MSFT). The FTC hasn’t yet voted out a complaint or even meet with company lawyers, but its staff reviewing the … Read more

DraftKings stock dips on report of hack that drained customer accounts (NASDAQ:DKNG)

Scott Olson DraftKings (NASDAQ:DKNG) shares dove lower in mid-morning trading on Monday after a report from The Action Network that customer accounts were compromised. According to the outlet, a number of customers were hit with sizable withdrawals and were locked out of accounts as hackers changed login details. The company acknowledged an account issue in … Read more

Ethereum Price Dips As ETH Moved From Crypto Exchanges

Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have become more intense on ETH. The crypto market is still red, with most crypto assets declining. The bearish trend from the collapse … Read more

Oil dips near 2-month lows as supply concerns ease

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 20, 2022  •  7 minutes ago  •  2 minute read Join the conversation Article content SINGAPORE — Oil prices hovered near two-month lows on Monday as supply fears receded while concerns over China’s fuel demand and rising interest rates weighed on prices. Brent crude … Read more

Brent Oil Dips Below $90 to Six-Week Low on Demand Fears

(Bloomberg) — Oil continued its steep selloff, tumbling to the lowest in more than six weeks as demand concerns resurface. Most Read from Bloomberg Brent futures fell as much as 3.4% below to trade below $90 for the first time since early October. China, the world’s biggest crude importer, continues to grapple with rising Covid … Read more

Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC

Bitcoin (BTC) fell to intraday lows after the Nov. 16 Wall Street open as the FTX scandal appeared to claim another victim. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Genesis Trading liquidity “exceeded” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading around $16,400 at the time of writing. Downside had entered again for … Read more

Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sets new two-year low Data from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low. After initially rebounding over … Read more

U.S. Ext.-Stay Q3 Occupancy Dips as Rates Rise

Third-quarter demand and revenue per available room reached record highs for the U.S. extended-stay hotel sector, while occupancy fell for the first time since 2020, according to a new report from The Highland Group. Third-quarter U.S. extended stay RevPAR increased 11.9 percent year over year to $92.60—the smallest such gain since Q1 2021—and rose about … Read more