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Finance

196 posts

Keep up to date with the most important financial news that is influencing Crypto, Stock, and Currency markets and predicting future prices.

Nvidia shares soar after record positive report

After the report was released the day before, Nvidia saw a jump in premarket trading.

The company released their quarterly financials, which achieved record highs.

US Department of Justice Investigates Binance Ties with Russian Banks

On Wednesday, Bitcoin experienced a significant increase of almost 3% as the US stock market soared.

US authorities are targeting Binance once more.

The names …

The Ministry of Finance of the Russian Federation has prepared a plan to unlock the assets of Russians frozen in the West

Finance Minister Anton Siluanov disclosed information regarding a scheme to release the funds of individual investors that are currently blocked in the West.

We are …

Banks have stepped up the fight against the dollar and the euro

Russian banks intensified their battle against hostile currencies.

Citibank has declared that they will no longer be accepting US Dollars and Euros at their ticketing …

Raiffeisenbank gave a forecast of the ruble exchange rate for the coming months

The ruble had its best week in the past 13 months.

At the end of the week, the dollar exchange rate had dropped by almost …

Evergrande, one of the largest developers in China, went bankrupt

China Evergrande, a Chinese property developer, has submitted a petition for bankruptcy.

This will safeguard the firm from creditors while it is undergoing restructuring.

Two …

Bi Weekly Market Review - Edition #5

For the period 1st - 15h Aug

Dear FOMOdrive community members,

Welcome to ​Edition #5​ of our ​Bi-weekly Market Review​ covering market news from 1st - …

Reuters learned to what level the authorities decided to strengthen the ruble

The authorities have decided not to implement stricter currency controls at this time, according to Vedomosti.

Exporters willingly consented to augment their foreign exchange earnings …

Michael Burry bets 93% of Scion AM on stock market crash

The US market was bet against by the renowned American investor.

Put options on the decline of US stock indices held the greatest portion of …

Moody's downgrades 10 US banks

The credit ratings of 10 US banks were downgraded by Moody's rating agency.

Six major US banks were warned by the agency that their ratings …