Crypto EcoBlog
Rishi Sunak succeeds Liz Truss to become the next British Prime Minister. The crypto community celebrates Sunak’s pro-crypto stand while serving as the Chancellor in the Boris Johnson government. On Monday, October 24, pro-crypto candidate Rishi Sunak won the race to become the next Prime Minister of the UK. This happened as Boris Johnson and House of Commons leader Penny Mordaunt withdrew from the race.Sunak’s appointment to the office comes within just 7 weeks of Liz Truss becoming the UK...
Read More »European Stocks Pick Up Pace Ahead of Fed’s Interest Rate Decision
Stock traders and investors look poised for a bountiful week of earnings as they await a major interest rate decision from the Fed. Monday morning signaled some hopeful times ahead for the European stocks market, which opened on a rising note. However, it might be safe to say that the driving force behind the sudden rise in the value of European stocks, is a recent report that claims that the Federal Reserve could throttle down on its pace of interest rate hikes. This explains why traders...
Read More »Tesla (TSLA) Stock Slides 6.65% after Company’s Revenue Missed Expectations
The revenue miss did not impress investors as the company’s shares fell by 6.65% on Thursday to close at $207.28.The stock price of American multinational electric vehicle maker Tesla Inc (NASDAQ: TSLA) is on a downtrend as the company’s revenue for the third quarter missed estimates. Per the results published, Tesla’s Earnings Per Share (EPS) came in at $1.05, a figure better than the 99 cents that were projected by analysts.The company missed its revenue estimates as it reported $21.45...
Read More »UK Prime Minister Liz Truss Resigns amid Growing Economic Turmoil
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Read More »UK Inflation Figure Retests 40-Year High with Soaring Living Costs
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Read More »Nasdaq Composite Hits Record High amid Positive Earnings Reports
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Read More »European Markets Jump on Speculation of UK Government Revisiting Fiscal Policies
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Read More »Dow Jones Recover 1300 Points in Single Day to Close 2% in Green
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Read More »ECB May Hike Interest Rate Up to 3%, Belgium Central Bank Chief Opines
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Read More »S&P 500, Nasdaq Record Fifth Consecutive Losing Day as Fed Inflation Report Looms
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