As the end of the year approaches, the company is unlikely to replenish inventory in large quantities. However, some traders are replenishing inventory and expect prices to...
Microsoft shareholders have voted against the bitcoin investment proposal, although Amy Hood, chief financial officer, said in response to shareholder questions at Tuesday's shareholder meeting that the company had been accepting cryptocurrencies as payment for customers since 2014, adding: "We've been thinking about the evolution of cryptocurrencies". Microsoft shares have risen about 19 per cent so far this year, far underperforming MicroStrategy.
Gensler, chairperson of the Securities Exchange Commission, announced his resignation, but the new chairperson of the Securities Exchange Commission will face review by the U.S. Senate, and any nominee must be confirmed by the Senate. The SEC announced Gensler's departure in a press release. During his tenure, the SEC filed lawsuits against several popular Web3 protocols and exchanges, including Coinbase, Uniswap, Metamask developer Consensys, blockchain video streaming platform LBRY, and others...
Oil prices continue to lack momentum, but analysts point out that the demand side of the current inventory data and the supply side of the production data do not support bearish oil prices, and the world's largest short is actually quite optimistic.
The Fed Beige Book notes that, in general, prices rose modestly during the most recent reporting period. However, selling prices rose only slightly in three regions. The increase in non-labor input costs, which was largely described as moderate to moderate, was generally moderating, although one region reported that input cost growth was accelerating. Freight and insurance expenses continued to increase in some regions. In contrast, some regions noted some moderation in cost pressures for food, ...