Shares of medical technology company Masimo Corporation (MASI) are down more than 4% in the morning trade on Thursday after the company said it expects first quarter revenue to be lower than its pervious expectation, hurt by supply chain issues. Masimo sees product revenue in the range of $285 million to $315 million for the first quarter. Analysts polled by […]

Shares of water, sewer and fire protection products distributor Core & Main, Inc. (CNM) are rising more than 5% Wednesday morning after reporting fourth-quarter results, better than the consensus view. The company had net income of $48 million or $0.28 per share in the fourth quarter compared with breakeven earnings in the year-ago period, on revenue growth. On average, 9 […]

World markets remained cautious amidst talks between Russia and Ukraine and peace rhetoric that did not correspond to the military action. Here is a snapshot at this hour spanning stocks, currencies, bonds, commodities and cryptocurrencies. Asian stocks finished mostly higher amidst a strong rally in Chinese benchmarks. European indices dropped, as “gas” dampened sentiment. American stock futures indicate losses on […]

Pierre Poilievre, a Conservative Party candidate for Prime Minister of Canada, has been supporting Bitcoin ($BTC) in his campaign, and has recently used the flagship cryptocurrency to buy lunch at a popular crypto-friendly restaurant. Videos shared on social media show Poilievre using the cryptocurrency’s layer-two scaling solution, the Lightning Network, to send over a payment to Tahinis, a small family-based […]

London Bullion Market Association (LBMA) and the World Gold Council (WGC) are partnering to develop and implement a blockchain-powered international system of gold bar integrity, chain of custody and provenance. The move will help digitize the global supply chain of gold bars with all gold bars being registered and tracked across the entire supply journey from mine to vault, and […]

Bitcoin was the first cryptocurrency initiated back in 2009. Since then, thousands of other coins have been launched, some more successful than others. Nevertheless, Bitcoin is still leading the way by capturing around 42% of the entire crypto market. It is no secret that movements in its price heavily affect most crypto assets. That is why we tend to always […]

Bitcoin seems to be finally out of the woods after rallying past $45,000 following an eleven-week-long consolidation. As of writing, the pioneer cryptocurrency is trading at $47,503 and is up 16% in the past 7 days after printing a bullish ‘marubozu’ candlestick on Sunday. Its principal competitor, Ethereum is up 5.7% on the day and 15% in the past week […]