Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Daily Markets: Investor Focus Turns to Big Bank Earnings, Powell’s Testimony
Equities are poised to start the day off in a wait-and-see mode as another round of bank stock quarterly earnings are digested, and investors wait for Fed Chairman Powell’s semiannual testimony on monetary policy before Congress this afternoon
Transparency Is Critical as Semiconductor Industry Works to Meet Surging Demand
As the semiconductor industry grapples with surging demand, transparency into the supply chain is critical, according to Mike Splinter, chairman of Nasdaq’s board of directors.
Square to Release a Bitcoin Hardware Wallet
Digital payments company Square is set to launch its own Bitcoin hardware wallet, billionaire Jack Dorsey confirmed on Twitter.
Goldman CEO David Solomon says China’s crackdown on tech companies will delay many U.S. listings
As head of the premier global Wall Street firm, Solomon will have to navigate the increasingly fraught relationship between China and its tech sector.
‚Black Swan‘ author Nassim Taleb says bitcoin is worth zero and fails as a currency and a hedge
„The Black Swan“ author Nassim Nicholas Taleb has reversed his stance on bitcoin, now saying it is worth zero and fails as a hedge.
Cryptocurrencies don’t yet pose a threat to financial stability, Bank of England’s Cunliffe says
Cryptocurrencies aren’t yet big enough to pose a systemic risk to financial stability, Bank of England Deputy Governor Jon Cunliffe said Wednesday.
Wells Fargo profit tops expectations with boost from release of money set aside for loan losses
Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street’s expectations.
Stocks making the biggest moves premarket: Bank of America, BlackRock, Delta, Peloton and more
These are the stocks posting the largest moves before the bell.
Citigroup beats analysts’ estimates for profit, helped by $1.1 billion boost from loans
While Citi topped expectations for revenue, the figure declined 12% from a year earlier.