For direct to consumer companies, volatility may be the key certainty in an uncertain environment. The latest evidence came amid reports from The New York Times and other sites that Ampla — which offers lines of credit and corporate cards…
Investors in Carter Bankshares, Inc. (NASDAQ: CARE) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $10 Put had some of the highest implied volatility of all equity…
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on…
Despite increased volatility in the stock market over concerns related to the general election outcome that is due on June 4, most brokerages still expect that the National Democratic Alliance (NDA) led by PM Narendra Modi will comfortably…
Get latest articles and stories on Business at LatestLY. Indian stock markets closed marginally below on Tuesday after a high volatility during the trading. The equity markets experienced a pause after a three-day streak of record highs.
The effect of the harsh operating environment has continued to impact negatively on the operations of the nation's brewery industry, as prolonged inflation, unemployment and overall hardship impact negatively on consumer disposable income,…
The exchange rate for customs duty collection has risen from N1467/$ to N1,480 just below the official market rate of the NAFEM window which stood at N1,482.81 to the USD. …
Sports are unpredictable in general but tennis has proven especially inconsistent with surprising results. For instance, Novak Djokovic had a career-best season last year. He had three Grand Slam triumphs and seven titles, but the tables…
Get latest articles and stories on Business at LatestLY. The S&P BSE Sensex breached the remarkable 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative…
New Delhi: Markets were on a roll, and they had plenty of action and drama as well in the week gone by. The previously announced holiday on Thursday, on account of Buddha Purnima, was cancelled by the exchanges on Monday, considering the…
By Adedapo Adesanya The Naira depreciated against the US Dollar by 1.6 per cent or N23.07 in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, May 23. It was observed that the foreign exchange (FX) volatility weakened…