Mamooth trade

Mamooth trade International trading platform affiliated with largest financial institutions of worldwide level.

𝐄𝐮𝐫𝐨 𝐒𝐥𝐢𝐝𝐞𝐬 𝐅𝐮𝐫𝐭𝐡𝐞𝐫 𝐀𝐟𝐭𝐞𝐫 𝐒𝐢𝐱 𝐒𝐭𝐫𝐚𝐢𝐠𝐡𝐭 𝐋𝐨𝐬𝐢𝐧𝐠 𝐃𝐚𝐲𝐬, 𝐑𝐚𝐭𝐞 𝐇𝐢𝐤𝐞 𝐉𝐢𝐭𝐭𝐞𝐫𝐬 𝐖𝐞𝐢𝐠𝐡The Fed thinks inflation may stay higher for ...
22/08/2023

𝐄𝐮𝐫𝐨 𝐒𝐥𝐢𝐝𝐞𝐬 𝐅𝐮𝐫𝐭𝐡𝐞𝐫 𝐀𝐟𝐭𝐞𝐫 𝐒𝐢𝐱 𝐒𝐭𝐫𝐚𝐢𝐠𝐡𝐭 𝐋𝐨𝐬𝐢𝐧𝐠 𝐃𝐚𝐲𝐬, 𝐑𝐚𝐭𝐞 𝐇𝐢𝐤𝐞 𝐉𝐢𝐭𝐭𝐞𝐫𝐬 𝐖𝐞𝐢𝐠𝐡

The Fed thinks inflation may stay higher for longer. The US dollar wants to soak in all that uncertainty and come out stronger.

The EURUSD extended its slide to close a sixth straight day in negative territory on Friday. In early Monday dealmaking, the popular currency pair resumed its downward trend but euro bulls were a bit more demanding, helping buoy the rate near $1.0870.

Renewed interest rate fears are back on the table, after the Federal Reserve last Wednesday said inflation may creep up again. To prevent that, the US central bank will be serving more of the same – rate hikes for everyone. The next Fed meeting is scheduled for September 19-20.

Until then, we’ve got a series of economic reports that will shed light on consumer price trends, job market situation, and the resiliency of US consumer spending. A continuously hot economy may sway Fed officials to bump rates again at the next meeting. A cooling economy may have them skip it.

𝐓𝐡𝐞 𝐌𝐄𝐓 𝐄𝐦𝐛𝐫𝐚𝐜𝐞𝐬 𝐭𝐡𝐞 𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 𝐰𝐢𝐭𝐡 𝐑𝐨𝐛𝐥𝐨𝐱 𝐭𝐨 𝐄𝐧𝐠𝐚𝐠𝐞 𝐘𝐨𝐮𝐧𝐠 𝐕𝐢𝐬𝐢𝐭𝐨𝐫𝐬The Metropolitan Museum of Art (The Met) in New York ...
17/08/2023

𝐓𝐡𝐞 𝐌𝐄𝐓 𝐄𝐦𝐛𝐫𝐚𝐜𝐞𝐬 𝐭𝐡𝐞 𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 𝐰𝐢𝐭𝐡 𝐑𝐨𝐛𝐥𝐨𝐱 𝐭𝐨 𝐄𝐧𝐠𝐚𝐠𝐞 𝐘𝐨𝐮𝐧𝐠 𝐕𝐢𝐬𝐢𝐭𝐨𝐫𝐬

The Metropolitan Museum of Art (The Met) in New York has partnered with the popular gaming platform, Roblox, in order to offer a virtual experience for its younger audience.

As part of this collaboration, Roblox users can now obtain digital versions of famous artworks and artifacts for their avatars, including Van Gogh's iconic straw hat.

These digital wearables, along with other items like suits of armor and Egyptian masks, are available through the augmented reality quest-based app called Replica.

Developed in partnership with Verizon, Replica takes visitors on an interactive tour of The Met, guiding them to 37 selected physical artworks spread throughout the museum.

Through the app, users can scan the artworks, which unlocks digital wearables that can be imported into their Roblox inventories.

"With Replica, we were able to use technology to reach kids and young art lovers in a space they're already engaged with," Ken Weine, Senior Vice President of External Affairs at The Met, said in a recent interview.

The Met to Create its Digital Double in Sandbox

In addition to the app's quest-based format, the collaboration also includes a virtual representation of The Met within the Roblox platform.

Users can explore virtual versions of the museum's Fifth Avenue facade and interior spaces like the Great Hall.

They have the opportunity to curate exhibitions by pairing the acquired digital wearables and taking photos of their avatars against historical backdrops.

The Met's foray into the metaverse aligns with a broader trend of cultural institutions embracing virtual experiences.

The British Museum, for example, has partnered with The Sandbox Game to create its own immersive space within the platform, accompanied by a range of NFT digital collectibles.

More recently, Futureverse, a crypto tech and gaming startup, announced that it has secured $54 million in Series A funding to support its expansion in the metaverse space.

However, it is worth noting that there has been growing skepticism toward the concept of the metaverse, which was all the hype over the past few years.

This is particularly true since many big supporters of the idea have recently backed down from their ambitions.

Earlier this year, entertainment giant Disney announced that it is eliminating its metaverse division as part of broader layoffs that will impact as many as 7,000 employees.

Moreover, Microsoft has discontinued its Industrial Metaverse Core team this year, a four-month-old project aimed to encourage the use of the metaverse in industrial environments.

𝐃𝐢𝐬𝐧𝐞𝐲 𝐐𝟑 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐦𝐢𝐬𝐬𝐞𝐬 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬; 𝐩𝐥𝐚𝐧𝐬 𝐩𝐫𝐢𝐜𝐞 𝐡𝐢𝐤𝐞𝐬 𝐟𝐨𝐫 𝐬𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬Walt Disney reported Wednesday mixed fiscal ...
10/08/2023

𝐃𝐢𝐬𝐧𝐞𝐲 𝐐𝟑 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐦𝐢𝐬𝐬𝐞𝐬 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬; 𝐩𝐥𝐚𝐧𝐬 𝐩𝐫𝐢𝐜𝐞 𝐡𝐢𝐤𝐞𝐬 𝐟𝐨𝐫 𝐬𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬

Walt Disney reported Wednesday mixed fiscal third-quarter results as revenue missed Wall Street estimates as momentum in its streaming business slowed, but the company detailed plans to hike prices for its streaming business to boost growth.

Walt Disney Company (NYSE:DIS) rose 4% in afterhours, cutting losses that followed immediately after the earnings report.

Disney reported adjusted EPS of $1.03, compared with Wall Street estimates of $0.99, while revenue of $22.33 billion missed estimates of $22.49 billion.

Disney's parks business saw revenue climb 13% to $8.33 billion in Q3 from the year-ago period.

Disney+ subscribers fell to 146.1 million, missing estimates of 151.1 million, pressured by a 24% fall in Disney+ Hotstar subscribers.

Disney said that it would be raising the prices of its streaming streaming services including Disney+ and Hulu, but will keep prices of its ad-supported tiers of streaming unchanged.

The price of the ad-free tier of Disney+ will increase to $13.99 from $10.99 starting Oct. 12, but the ad-supported Disney+ will remain at $7.99 The company also announced that it would expand its ad-supported offering in Europe and Canada starting Nov. 1.

Disney also said it would launch a new premium duo bundle on Sept. 6, for users who want ad-free tiers of both Disney+ and Hulu at $19.00 per month. The price for all three streaming products, or the "Trio Premium," including Disney+, Hulu, and the ad-supported tier ESPN+ will increase to $24.99 per month from $19.99 per month.

Stopped Bitcoin for First Time in 3 Months
08/08/2023

Stopped Bitcoin for First Time in 3 Months

According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks.

𝐆𝐨𝐥𝐝 𝐇𝐢𝐭 𝐛𝐲 𝐍𝐞𝐰 𝐒𝐞𝐭 𝐨𝐟 𝐔𝐒 𝐃𝐚𝐭𝐚 𝐚𝐬 𝐑𝐚𝐭𝐞-𝐇𝐢𝐤𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 𝐖𝐞𝐢𝐠𝐡 𝐨𝐧 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭July’s US private payrolls data showed 324,000 j...
03/08/2023

𝐆𝐨𝐥𝐝 𝐇𝐢𝐭 𝐛𝐲 𝐍𝐞𝐰 𝐒𝐞𝐭 𝐨𝐟 𝐔𝐒 𝐃𝐚𝐭𝐚 𝐚𝐬 𝐑𝐚𝐭𝐞-𝐇𝐢𝐤𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 𝐖𝐞𝐢𝐠𝐡 𝐨𝐧 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭

July’s US private payrolls data showed 324,000 jobs added, way above estimates of 189,000.

Gold prices were knocked Wednesday by another hot report coming out of the US. The yellow metal slipped around half a percent and was trading near $1,930 per troy ounce earlier today. Another day in the red would extend gold’s losing streak to three as it hovers near a three-week low already.

Economic data from the US showed private employers added 324,000 jobs to the labor force, topping estimates of 189,000 new hires. The figure was lower than the 455,000 added in June, revised downward from 497,000. Still, the hot report raised concerns among investors that the Fed’s work on the rate-hike front is not yet finished.

Technically speaking, the chart is painting a rather mixed scenario. On the one hand, XAUUSD has just moved under the 50-day and the 100-day SMA, signaling a mid-term bearish sentiment. But on the other end, the large-cap asset is still above the 200-day SMA, indicating long-term bears are not here just yet.

𝐃𝐨𝐥𝐥𝐚𝐫 𝐓𝐮𝐫𝐧𝐬 𝐔𝐩 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐊𝐞𝐲 𝐔𝐒 𝐉𝐨𝐛𝐬 𝐃𝐚𝐭𝐚, 𝐄𝐮𝐫𝐨 𝐒𝐥𝐢𝐩𝐬 𝐒𝐮𝐛 $𝟏.𝟏𝟎Weakness in the euro was further reinforced after last we...
01/08/2023

𝐃𝐨𝐥𝐥𝐚𝐫 𝐓𝐮𝐫𝐧𝐬 𝐔𝐩 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐊𝐞𝐲 𝐔𝐒 𝐉𝐨𝐛𝐬 𝐃𝐚𝐭𝐚, 𝐄𝐮𝐫𝐨 𝐒𝐥𝐢𝐩𝐬 𝐒𝐮𝐛 $𝟏.𝟏𝟎

Weakness in the euro was further reinforced after last week’s strong US GDP data.

𝐓𝐡𝐞 𝐩𝐚𝐢𝐫 𝐞𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐢𝐭𝐬 𝐬𝐡𝐨𝐫𝐭-𝐭𝐞𝐫𝐦 𝐝𝐞𝐜𝐥𝐢𝐧𝐞 𝐞𝐚𝐫𝐥𝐲 𝐨𝐧 𝐓𝐮𝐞𝐬𝐝𝐚𝐲, adding some 0.3% to the recent series of depreciation. Since the exchange rate peaked at $1.1275 in mid-July, the dollar has popped out its horns again, acting all bullish and demolishing any competition.

𝐓𝐡𝐞 𝐞𝐮𝐫𝐨 𝐬𝐥𝐢𝐩𝐩𝐞𝐝 𝐭𝐨 𝐚 𝐬𝐞𝐬𝐬𝐢𝐨𝐧 𝐥𝐨𝐰 𝐨𝐟 $𝟏.𝟎𝟗𝟕𝟎 𝐭𝐨𝐝𝐚𝐲, marking a fall of 2.7%, or 305 pips from its top last month. The drop is happening on the back of strong US data, including an accelerated GDP growth in the US, but also optimistic projections for the US labor market.

𝐎𝐧 𝐅𝐫𝐢𝐝𝐚𝐲, 𝐧𝐨𝐧𝐟𝐚𝐫𝐦 𝐩𝐚𝐲𝐫𝐨𝐥𝐥𝐬 𝐝𝐚𝐭𝐚 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐬𝐡𝐨𝐰 𝟐𝟎𝟎,𝟎𝟎𝟎 Americans landed a job (or two) in July. The number is a tad lower than the 209,000 added in June and, if confirmed, it will indicate that the red-hot labor market is gradually cooling and further solidifying expectations of a soft landing from the Federal Reserve.

𝐍𝐚𝐬𝐝𝐚𝐪 𝐂𝐥𝐢𝐦𝐛𝐬 𝟎.𝟔% 𝐚𝐬 𝐁𝐢𝐠 𝐓𝐞𝐜𝐡 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐋𝐢𝐠𝐡𝐭 𝐔𝐩, 𝐅𝐞𝐝 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐈𝐦𝐦𝐢𝐧𝐞𝐧𝐭Stocks keep extending the rally while investors a...
27/07/2023

𝐍𝐚𝐬𝐝𝐚𝐪 𝐂𝐥𝐢𝐦𝐛𝐬 𝟎.𝟔% 𝐚𝐬 𝐁𝐢𝐠 𝐓𝐞𝐜𝐡 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐋𝐢𝐠𝐡𝐭 𝐔𝐩, 𝐅𝐞𝐝 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐈𝐦𝐦𝐢𝐧𝐞𝐧𝐭

Stocks keep extending the rally while investors are putting recession fears in the rearview mirror.

𝐓𝐡𝐞 𝐍𝐚𝐬𝐝𝐚𝐪 𝐂𝐨𝐦𝐩𝐨𝐬𝐢𝐭𝐞 𝐠𝐚𝐢𝐧𝐞𝐝 𝐣𝐮𝐬𝐭 𝐨𝐯𝐞𝐫 𝟖𝟓 𝐩𝐨𝐢𝐧𝐭𝐬, or 0.6%, on Tuesday as money managers refreshed their optimism over the ongoing big tech updates. Corporate earnings from America’s biggest corporations are already rolling in but can investors say with certainty the worst is now behind?

𝐓𝐡𝐞𝐫𝐞’𝐬 𝐧𝐨 𝐝𝐨𝐮𝐛𝐭 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐥𝐨𝐟𝐭𝐲 𝐬𝐭𝐨𝐜𝐤 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧𝐬, including Nvidia’s newly-achieved $1tn market cap or Apple’s fresh all-time high over $3tn. In that context, the Federal Reserve’s aggressive rate hike campaign, analysts say, could cast a shadow over the bright prospects for equity markets.

𝐓𝐡𝐞 𝐅𝐞𝐝 𝐦𝐞𝐞𝐭𝐬 𝐭𝐨𝐝𝐚𝐲 𝐟𝐨𝐫 𝐢𝐭𝐬 𝐫𝐞𝐠𝐮𝐥𝐚𝐫 𝐩𝐨𝐥𝐢𝐜𝐲 𝐮𝐩𝐝𝐚𝐭𝐞 in which the central bank is expected to lift interest rates by another 0.25% to 5.50%. Fed Chair Jay Powell will hold a press conference after the rate decision – the event usually stirs more volatile asset classes like currencies and commodities.

𝐅𝐓𝐓: 𝐅𝐓𝐗 𝐂𝐨-𝐅𝐨𝐮𝐧𝐝𝐞𝐫 𝐒𝐚𝐦 𝐁𝐚𝐧𝐤𝐦𝐚𝐧 𝐅𝐫𝐢𝐞𝐝 𝐀𝐜𝐜𝐮𝐬𝐞𝐝 𝐨𝐟 𝐋𝐞𝐚𝐤𝐢𝐧𝐠 𝐃𝐢𝐚𝐫𝐲 𝐨𝐟 𝐂𝐚𝐫𝐨𝐥𝐢𝐧𝐞 𝐄𝐥𝐥𝐢𝐬𝐨𝐧While he awaits trial for his role in ...
24/07/2023

𝐅𝐓𝐓: 𝐅𝐓𝐗 𝐂𝐨-𝐅𝐨𝐮𝐧𝐝𝐞𝐫 𝐒𝐚𝐦 𝐁𝐚𝐧𝐤𝐦𝐚𝐧 𝐅𝐫𝐢𝐞𝐝 𝐀𝐜𝐜𝐮𝐬𝐞𝐝 𝐨𝐟 𝐋𝐞𝐚𝐤𝐢𝐧𝐠 𝐃𝐢𝐚𝐫𝐲 𝐨𝐟 𝐂𝐚𝐫𝐨𝐥𝐢𝐧𝐞 𝐄𝐥𝐥𝐢𝐬𝐨𝐧

While he awaits trial for his role in the collapse of FTX, co-founder and ex-ceo Sam Bankman Fried has now been accused by the DoJ of leaking the private diary of his ex-girlfriend and former high-level FTX executive, Caroline Ellison. The Department of Justice has said that the release risks tainting the jury pool and could interfere with a fair trial.

Caroline Ellison was once the CEO of Alameda Research – the sister fund of FTX which has been alleged to have had a central role in the collapse of the exchange and subsequent losses of its creditors. Ellison is alleged to have awarded herself a bonus of more than $22m while FTX faced liquidity issues. SBF is also accused of using customer funds for a variety of illegal purposes – including making political donations of over $100m to the Democrats.

FTX was a cryptocurrency exchange founded in 2017 by Sam Bankman-Fried and Gary Wang. FTX stands for "Futures Exchange" and was initially designed to cater to professional traders and institutional investors. Over time, it gained popularity among both seasoned traders and retail investors due to its robust trading features and user-friendly interface. In November 2022 however, the exchange catastrophically collapsed, causing its co-founder Sam Bankman-Fried to be arrested. He is now awaiting trial.

𝟏𝟎+ 𝐁𝐞𝐬𝐭 𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐞𝐬𝐚𝐥𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐟𝐨𝐫 𝟐𝟎𝟐𝟑Crypto presales allow investors to purchase cryptocurrencies at a hugely discou...
21/07/2023

𝟏𝟎+ 𝐁𝐞𝐬𝐭 𝐂𝐫𝐲𝐩𝐭𝐨 𝐏𝐫𝐞𝐬𝐚𝐥𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐟𝐨𝐫 𝟐𝟎𝟐𝟑

Crypto presales allow investors to purchase cryptocurrencies at a hugely discounted price, but it can be tricky to find a project worth investing in and strike a balance between high risk and high reward.

In this guide, we explore some of the best crypto presales to invest in of 2023 based on current trends and their performance so far, reviewing the top upcoming crypto projects and explaining how investors can select new digital assets for their portfolio.

The Best Crypto Presales to Invest in Today
Below is an outline of the high-potential crypto presales we'll be reviewing:

Wall Street Memes - New meme crypto presale launched May 26, 2023, which has since raised $16 million in seven weeks. Analysts have highlighted the project's well-established community of around a million social media followers and previous success with NFTs.
Evil Pepe Coin - An Emerging community-centric meme coin that aims to rebel against the crypto ‘status quo.’ It offers 90% of its token during the presale phase while preparing for an upcoming DEX Listing. $100k raised in its first 24 hours.
BTC20 - Upcoming crypto presale that uniquely blends Bitcoin's initial excitement and modern staking benefits. Its eco-friendly consensus mechanism and commitment to full public token availability provide a unique opportunity for crypto enthusiasts to earn passive income.
Burn Kenny - Brand new sh*tcoin that has its presale launching on July 20. With a low hard cap and fair launch, it is expected to sell out quickly - especially with a 30% burn mechanism.
yPredict - AI-powered trading platform trading platform to earn passive income, and access a P2E and L2E ecosystem. Over $3 million has been raised in its presale.
Launchpad XYZ - Innovative crypto presale project designed to streamline the transition to Web3 technologies and dApps, as well as act as a gateway portal for users. Around $1.1 million raised in the presale.
Chimpzee - Earn crypto income gaming and trading NFTs, while fighting climate change and saving wildlife. Raised almost $875k since April 2023 launch.
Scorpion Casino - The number one social online gambling platform that provides rewards to users as they hold the native token - $500k raised in the presale.
eTukTuk - New cryptocurrency platform setting EV charging stations by incorporating blockchain technology. With $TUK, drivers can pay at EV stations, and token holders can earn staking benefits. The presale is not yet open but accepting whitelist spots.
DeeLance - Web3-based freelancer platform for remote workers to connect and network with employers online and streamline the recruitment process. Also building a metaverse and has raised $1.5 million since launch.
Pikamoon - Upcoming play-to-earn crypto game with a Pokémon feel and metaverse building on the roadmap. New in April 2023 with $3.7 million now raised.
Anarchy Coin - A DAO-based meme coin creating a community-driven financial reform against inflation. Offers a deflationary token model alongside a 0.5% burn on every transaction - $560k raised in the presale.
Neon EVM - Offering seamless integration of Ethereum and Solana with user-friendly dApp deployment.
EyesFi - Web3 social platform that prioritizes authenticity and offers blockchain-based user interaction for value creation.
LayerZero - Platform offering cross-chain interactions by removing barriers between blockchains. It offers enhanced security and creates more user opportunities.

Token maker is...
19/07/2023

Token maker is...

What is a token maker, and how does it work?

𝐒𝐏𝐗: 𝐒&𝐏 𝟓𝟎𝟎 𝐃𝐢𝐯𝐞𝐬 𝐚𝐬 𝐁𝐢𝐠 𝐔𝐒 𝐁𝐚𝐧𝐤𝐬 𝐑𝐚𝐤𝐞 𝐈𝐧 $𝟒𝟗𝐛𝐧 𝐢𝐧 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐏𝐫𝐨𝐟𝐢𝐭𝐬Elevated dealmaking has helped three banks rake in pr...
18/07/2023

𝐒𝐏𝐗: 𝐒&𝐏 𝟓𝟎𝟎 𝐃𝐢𝐯𝐞𝐬 𝐚𝐬 𝐁𝐢𝐠 𝐔𝐒 𝐁𝐚𝐧𝐤𝐬 𝐑𝐚𝐤𝐞 𝐈𝐧 $𝟒𝟗𝐛𝐧 𝐢𝐧 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐏𝐫𝐨𝐟𝐢𝐭𝐬

Elevated dealmaking has helped three banks rake in profits near $50bn in Q2 while consumers and businesses get bitten by higher rates.

𝐓𝐡𝐞 𝐒&𝐏 𝟓𝟎𝟎 𝐬𝐥𝐢𝐩𝐩𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐝 𝐨𝐧 𝐅𝐫𝐢𝐝𝐚𝐲 despite stellar performance for three top-tier banks in the US. Wall Street’s broad-based stock index declined by roughly 5 points, or 0.2%, as JPMorgan Chase, Citigroup, and Wells Fargo kicked off the second-quarter earnings season.

𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐯𝐞𝐥𝐲, 𝐭𝐡𝐞 𝐭𝐡𝐫𝐞𝐞 𝐦𝐚𝐣𝐨𝐫 𝐔𝐒 𝐛𝐚𝐧𝐤𝐬 𝐩𝐢𝐜𝐤𝐞𝐝 𝐮𝐩 $𝟒𝟗𝐛𝐧 solely from net interest income – the difference between deposit cost and earned interest on loans. The lofty number was 30% higher than the year-ago quarter and demonstrates how big banks cash in on the Fed’s aggressive rate hike campaign.

𝐍𝐞𝐱𝐭 𝐮𝐩 𝐨𝐧 𝐭𝐡𝐞 𝐞𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐟𝐫𝐨𝐧𝐭 𝐢𝐬 𝐚 𝐫𝐨𝐬𝐭𝐞𝐫 𝐨𝐟 𝐒&𝐏 𝟓𝟎𝟎 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬,including Tesla, Bank of America, Morgan Stanley, and Netflix. The EV kingpin and the streaming giant report as usual – on Wednesday. The two heavyweight banks are on tap to deliver Q2 financials on Tuesday.

What You Need to Know....
13/07/2023

What You Need to Know....

As Google comes full circle to allow blockchain-based digital assets into its suite of applications, focus shifts to whether Apple will now follow suit.

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