PepsiCo (PEP) Shares Drop 4.5% After Earnings Report

Crypto

Yesterday, PepsiCo Inc. (PEP) released its investor report, which delivered mixed results. Positive highlights: → Earnings per share ($1.96) exceeded expectations ($1.94).→ Gatorade strengthened its market position.→ Mountain Dew Baja Blast generated $1 billion in annual revenue.→ International revenue grew by 2.1%.→ The company announced a 5% divi

SEC Reassigns 50 Staff Members, Reduces Crypto Enforcement

Crypto

The U.S. Securities and Exchange Commission (SEC) is cutting back its crypto enforcement unit. More than 50 lawyers and staff members working on crypto-related cases are being reassigned to other departments, according to reports. Source: https://decrypt.co/304395/trump-sec-crypto-task-force-priorities-mess This move follows an […] The post SEC Rea

Market Analysis: EUR/USD Recovers While USD/CHF Takes Hit

Crypto

EUR/USD started a fresh increase above the 1.0310 resistance. USD/CHF declined and now struggling below the 0.9120 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today · The Euro started a decent recovery wave from the 1.0210 zone against the US Dollar. · There was a break above a connecting bearish trend line with resistance [&he

NZD/USD Analysis: Recovery from 27-Month Low

Crypto

This morning, New Zealand’s labour market data was released, showing unfavourable results. The unemployment rate rose to 5.1% in Q4, the highest since Q3 2020, signalling economic slowdown and reinforcing expectations of a rate cut by the Reserve Bank of New Zealand at its meeting in late February. However, the weak labour market figures were [&hel

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