$BTC briefly rose above a key resistance (a price area where sellers tend to step in) yesterday and is slightly lower today. A rebound in oil and a UK rate hike are weighing on risk assets, while spot ETFs saw inflows again after several days of outflows (Bitcoin Magazine). Natural gas is lower today on an expected large storage build and very weak heating demand (Natural Gas Intelligence). Silver lagged gold (USAGold). Gold rose alongside a weaker dollar and a Bank of England rate hike (USAGold). Nothing verified was found on Celsius.
Unity, a gaming software company, posted its first profit and revenue above forecasts, and shares rose (24/7 Wall St). An advertising technology company posted record results and shares jumped sharply (24/7 Wall St). A chip company like Marvell stayed weak after yesterday's heavy drop, with the chip sector pressured by fears that data center construction will slow (Reuters via Yahoo Finance). Nothing verified was found on Coherent.
One chip company's shares fell on a weak profit forecast, with the company citing higher component costs squeezing its smartphone processor business (Yahoo Finance). A chip design company's revenue forecast was slightly above expectations, but investors wanted more, so shares fell (Yahoo Finance). Brent oil fell sharply yesterday and bounced a little today on unresolved Middle East tensions (Bitcoin Magazine).
S&P 500 futures (contracts on future index prices) are flat, Dow futures are higher and Nasdaq futures are lower on chip weakness (Reuters via Yahoo Finance). This is a market observation only, so base your trading decisions on your own research and risk tolerance.
Unity, a gaming software company, posted its first profit and revenue above forecasts, and shares rose (24/7 Wall St). An advertising technology company posted record results and shares jumped sharply (24/7 Wall St). A chip company like Marvell stayed weak after yesterday's heavy drop, with the chip sector pressured by fears that data center construction will slow (Reuters via Yahoo Finance). Nothing verified was found on Coherent.
One chip company's shares fell on a weak profit forecast, with the company citing higher component costs squeezing its smartphone processor business (Yahoo Finance). A chip design company's revenue forecast was slightly above expectations, but investors wanted more, so shares fell (Yahoo Finance). Brent oil fell sharply yesterday and bounced a little today on unresolved Middle East tensions (Bitcoin Magazine).
S&P 500 futures (contracts on future index prices) are flat, Dow futures are higher and Nasdaq futures are lower on chip weakness (Reuters via Yahoo Finance). This is a market observation only, so base your trading decisions on your own research and risk tolerance.
