Sports Ventures Acquisition Corp. Announces Liquidation
Bal Harbour, FL, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Sports Ventures Acquisition Corp. (NASDAQ: AKIC) (the "Company") announced today that, due to its inability to consummate an initial business combi
EXCLUSIVE: Sports Ventures Acquisition Corp. Merger Partner DNEG Chairman & CEO, Namit Malhotra Says Co Will Use The Raised Money To Expand Its Business And Its Capacity To Create Contents
EXCLUSIVE: Sports Ventures Acquisition Corp. Merger Partner DNEG Chairman & CEO, Namit Malhotra Says Co Largest Market Is In The United States, But Co Does Work In India And China As Well
EXCLUSIVE: Sports Ventures Acquisition Corp. Merger Partner DNEG Chairman & CEO, Namit Malhotra To Appear On Benzinga's Live YouTube TV At 12 p.m. ET
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US WTI crude oil futures closed down 0.2% on Tuesday for the first time in 6 trading days
In the early morning of the 29th Beijing time, US WTI crude oil futures prices recorded their first drop in 6 trading days on Tuesday. The futures closed at their highest closing price in nearly 3 years on Monday. Fawad Razaqzada, a market analyst at ThinkMarkets, said that as technology stocks fell and the exchange rate of the US dollar against emerging market currencies and the British pound soared, “oil prices have finally reacted to continued risk aversion in the stock market and (foreign exchange) market.” West Texas Intermediate (WTI) futures for November delivery on the New York Mercantile Exchange fell 16 cents, or 0.2 percent, to close at $75.29 a barrel.
Fed Evans: more progress needs to be made in employment before reducing the size
Charles Charles Evans, president of the Federal Reserve Bank of Chicago, said on Thursday that US job growth was lower than he expected and that the job market needed more improvement before the Fed began to reduce its support for the economy. "given that job growth has been lower than I expected in recent months, I would say that more needs to be done to reach the threshold of 'substantial further progress' in adjusting monetary policy positions," Mr Evans said. " Evans said it would take "more than a few months" to determine the right time to reduce the code. On the issue of inflation, Evans says he has enough
Strategists at JPMorgan Chase warn Ark Fund to repeat the "bull market trap" of the dotcom bubble.
JPMorgan's Shawn Quigg believes that Cathie Wood's flagship ETF is showing a lot of bubbles, similar to the 2000 growth fund, and investors should consider shorting it through options. The derivatives strategist believes that a rise in Treasury yields in the second half of the year could trigger a fall in ARK Innovation ETF (code ARKK). The fund has risen about 19 per cent since mid-May. "reversing into the bull market trap," Quigg wrote in a customer report on Thursday. "the potential rise in returns may be to accelerate ARK.
The global semiconductor shortage intensified, and the revenue of the top 10 chip manufacturers reached a record high in the first quarter
Sina Technology News reported on the evening of June 1, Beijing time, according to reports, the research company TrendForce released a report today saying that along with the intensification of the global semiconductor shortage, the revenue of the world's top 10 chip manufacturers also reached record highs in the first quarter of this year. The report shows that in the first quarter of 2021, the total revenue of the world's top 10 chip manufacturing companies reached US$22.75 billion, a record high. This move comes at a time when global chips are in short supply, and it is expected that this shortage will continue until 2023. TrendForce analysts said, “Because of all kinds of terminal devices
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