US Treasury Yield Falls amid Rate Hikes and Debt Ceiling Concerns

The ongoing negotiations surrounding the US debt ceiling have been a key focal point for investors as the June 1 deadline approaches. The United States Treasury bond market experienced a decline in yields on Friday as investors eagerly await the release of key inflation data and updates on debt ceiling negotiations. According to reports, the … Read more

UBS Stock Falls 2% after Record of Slump in Q1 2023 Net Profit

The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland. The shares of Swiss multinational banking giant UBS Group AG (SWX: UBSG) are seeing a mild slump today after the firm revealed that its net profit for the first … Read more

Zilliqa (ZIL) to Launch Full EVM Compatibility by April as Token Price Falls 5%

Zilliqa believes that launching EVM fully would help bolster its ecosystem and expose it to the wider blockchain developer community. Zilliqa, a high-throughput blockchain platform, has revealed plans to launch full EVM compatibility on its mainnet this year. This follows after the platform’s earlier launch of EVM on the Zilliqa testnet last December. According to … Read more

Home Depot Falls Short of Expectations on Fiscal Q4 2022 Revenue

The recent plunge caused by the fiscal Q4 2022 financial performance has caused Home Depot to lose almost 2% in its stock price in the last five days.  Multinational home improvement retail corporation Home Depot (NYSE: HD)has released its fiscal Q4 2022 earnings report, revealing that revenue fell short of Wall Street’s estimates. While analysts surveyed … Read more