The online dating industry is facing one of its biggest tests since the pandemic boom. After years of rapid expansion caused by swipe-based matchmaking, many of the industry’s biggest players are grappling with slowing user growth, declining engagement and increasing skepticism from younger users. While companies are investing in artificial intelligence, safety features and new
Bitcoin’s sudden jump wasn’t just about Bitcoin, it started in the U.S. bond market. The U.S. Treasury announced that it would buy back more long-term government bonds, increasing the size of its buyback operations from around $2 billion to at least $4 billion. This pushed long-term bond yields lower. When government bond yields fall, assets
SK Hynix shares rose 1.6% on Friday as the South Korean memory-chip maker considered a potentially large manufacturing expansion in Japan amid strong global demand for memory chips. The company is weighing plans for a new semiconductor manufacturing facility in Japan’s Miyagi prefecture, with investment potentially reaching tens of trillions of won, according to a
Zcash cryptocurrency can be expected to correct down once it reaches next resistance level 637.00 – with the target of the downward correction standing at formed high at 637.00. Zcash approaching major resistance level 683.00 Likely to correct down to at 637.00 Zcash cryptocurrency has been rising sharply inside the active minor impulse wave 3
Bitcoin (BTC) has charged back above the $72,000 threshold – igniting a fresh wave of optimism across the cryptocurrency market. The sudden surge followed an unexpected liquidity decision by the US Treasury Department that catalyzed risk assets and sparked renewed fears over currency debasement. Reacting to the sudden price movement, Matthew Sigel – the Head
Ethereum cryptocurrency can be expected to rise further to the next resistance level 2400.00 – previous monthly high from April and May. Ethereum broke resistance zone Likely to rise to resistance level 2400.00 Ethereum cryptocurrency recently broke the resistance zone lying at the intersection of the round resistance level 2000.00 (which stopped wave A at
Marvell Technology MRVL stock gained 7% on Wednesday as it expands its relationship with Google amid accelerating demand for custom AI chips, giving the Alphabet-owned company the option to acquire a stake worth up to $12.2 billion in the chipmaker. Google gets potential 7% stake in Marvell Under the agreement, Marvell issued Google a warrant
US Treasury buybacks sank long-term yields and weakened the dollar, while hawkish Fed minutes and Middle East tensions moved commodities. US Treasury Expands Longer-Dated Debt Buybacks to Support Market Liquidity The United States Department of the Treasury has announced a decisive maneuver to intervene in the long end of the yield curve by doubling the
The Vanguard Long-Term Treasury ETF (VGLT) and the iShares 20+ Year Bond ETF (TLT) continued their strong downward trend. TLT dropped to $81.35 and is nearing its all-time low of $80.67. It has dropped by over 55% from its highest point this year. Similarly, the VGLT ETF fell to $52, a few points above its
AST SpaceMobile has spent four years being valued on a single question: can it raise enough money to finish the constellation? As of last month, that question is answered. After a $1.15 billion convertible offering, management reported pro forma cash and liquidity of over $3.7 billion — against a remaining build that, on the company’s