Yandex (NASDAQ:YNDX – Get Rating) was the recipient of some unusual options trading on Wednesday. Investors purchased 1,814 put options on the stock. This represents an increase of 1,437% compared to the typical volume of 118 put options. Shares of NASDAQ YNDX opened at $18.94 on Thursday. Yandex has a 12-month low of $14.11 and a 12-month high of $87.11. The company has a market cap of $6.71 billion, a P/E ratio of -20.81 and a beta of 1.33. The company has a… Source link
Read More »Jazz reportedly open to trading Donovan Mitchell: Where might he land?
The departure of head coach Quin Snyder and trade of Rudy Gobert to the Minnesota Timberwolves initiated an imminent teardown and rebuild in Utah. Yet the Jazz initially signaled they weren’t ready to part with Donovan Mitchell, an All-Star in his prime on a team with no prospect of contending anytime soon. Now it appears that they’re at least open to dealing Mitchell. ESPN’s Adrian Wojnarowski reported Tuesday the Jazz “are showing a willingness to listen on possible trade… Source link
Read More »Singapore's Central Bank Weighs Further Safeguards on Retail Crypto Trading – Yahoo Finance
Reuters Gold slips as interest rate expectations sap appeal Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a softer dollar helped bullion to cling above the $1,800 support level. “Gold bulls are stuck in a quagmire of aggressive Fed policy actions, as the prospects of higher U.S. rates erode support for the precious metal,” said Han Tan, chief market analyst at Exinity. The U.S. Federal Reserve is expected to deliver another 75 basis… Source link
Read More »Crypto platform Vauld suspends withdrawals, trading and deposits amid financial challenges
Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect as it navigates “financial challenges,” it said Monday. The startup — which counts Peter Thiel-backed Valar Ventures, Coinbase Ventures and Pantera Capital among its backers and has raised about $27 million — said it is facing financial challenges amid the market downturn and has seen customer withdrawals of about $198 million… Source link
Read More »The ‘most important thing’ about day trading for retail investors
Discipline is the most important trait for day traders, says stock trading educator Teri Ijeoma. “The most important thing about day traders is having discipline,” the founder of Trade and Travel told Yahoo Finance Live. “You have to be able to follow a trading plan,” she said, adding that the “discipline to be able to sell or buy at the right time is important.” The S&P 500 (^GSCP) just capped its worst first half of the year since 1970 amid tighter monetary policy and fears of a recession…. Source link
Read More »China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing
Chinese ride-hailing giant Didi Global will start trading on the over-the-counter market (OTC) on Monday, more than two weeks after its shareholders voted to delist the company from the New York Stock Exchange (NYSE) where it raised US$4.4 billion last year in a public listing that angered Beijing. That move was announced on Friday in the US by Chicago-based Options Clearing Corp, the world’s largest equity derivatives clearing house, which said the Chinese firm’s trading symbol will change… Source link
Read More »Stocks advance in upbeat start to June trading
U.S stocks gave up gains early Wednesday following stronger-than-expected readings from the U.S. manufacturing sector and stern comments from JPMorgan (JPM) boss Jamie Dimon. After rallying to start the trading session, led by a 1% advance from the Nasdaq, all three major indexes turned negative about 80 minutes into the trading day. The S&P 500 and the Dow both lost as much as 0.7% while the Nasdaq was off as much as 0.3%. The Russell 2000 was down by the most, falling as much as 0.9%. Data… Source link
Read More »Stocks claw back as volatile trading continues
U.S. stocks pared losses Tuesday, extending a streak of volatile trading after last week’s bounce snapped the longest span of declines for the S&P 500 in over 20 years. The benchmark index bounced back from a drop of more than 1% to turn flat, attempting to build on its best week since November 2020. The Dow Jones Industrial Average was down 0.2% after climbing back from a nearly 400-point drop, and the Nasdaq Composite turned positive, up 0.3%. These moves come after all three indexes logged… Source link
Read More »Yuan-Ruble Trading Surges as America’s Rivals Rebuff Dollar
(Bloomberg) — The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies. Most Read from Bloomberg Monthly volumes on the ruble-yuan pair have surged 1,067% to almost $4 billion since the start of the war in Ukraine as the two nations seek to reduce their reliance on the dollar and boost bilateral trade to overcome current and potential U.S sanctions. The spike coincides… Source link
Read More »Robinhood shares surged over 30% after crypto billionaire Sam Bankman-Fried disclosed a 7.6% stake in the trading platform
Crypto billionaire Sam Bankman-Fried took a 7.6% stake in Robinhood Markets.FTX Crypto billionaire Sam Bankman-Fried disclosed that he owns about 56.3. million shares in Robinhood Markets. News of his 7.6% stake in Robinhood sent shares of the trading platform up over 30% in late trade. Bankman-Fried is the founder and CEO of cryptocurrency exchange FTX. Shares in Robinhood Markets surged more than 30% in late trade after crypto billionaire Sam Bankman-Fried disclosed a 7.6% stake in the online… Source link
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