Market (@MarketNewsUpdate) en getquin

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟮.𝟬𝟲.𝟮𝟬𝟮𝟮

Hello getquin,

today it's about Russia, Biden and the renewed failure of the blockchain Solana. Also in it an indictment against the ex-OpenSea boss and quarterly figures!

Feel free to tag at MarketNews in your posts on the topic:

𝙰𝚔𝚝𝚒𝚎𝚗 𝚒𝚖 𝙵𝚒𝚗𝚊𝚗𝚣𝚜𝚎𝚔𝚝𝚘𝚛 🏦

𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. 𝘞𝘦𝘪𝘵𝘦𝘳𝘦 Ö𝘭𝘴𝘢𝘯𝘬𝘵𝘪𝘰𝘯𝘦𝘯 𝘨𝘦𝘨𝘦𝘯 𝘙𝘶𝘴𝘴𝘭𝘢𝘯𝘥

In response to European restrictions on Russian oil, Moscow could look for new buyers or cut production to keep prices high. If OPEC does not intervene, its actions will affect the global economy.

As part of the EU's sixth package of sanctions against Russia since the invasion of Ukraine, EU leaders agreed Monday to ban 90% of Russian crude by the end of the year.

In a report Tuesday, Helima Croft, head of global commodity strategy at RBC Capital Markets, said, "The Russian response will definitely require close monitoring."

🟩 Crude Oil $115.88 (🔼 +0.6%)

More on sanctions: https://cnb.cx/3x6UaCm

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

2. 𝘉𝘪𝘥𝘦𝘯 𝘵𝘳𝘪𝘧𝘧𝘵 𝘍𝘦𝘥-𝘊𝘩𝘦𝘧 𝘗𝘰𝘸𝘦𝘭𝘭

When U.S. President Joe Biden and Federal Reserve Chairman Jerome Powell meet at the White House, it is a sign that the situation is serious. That's because they meet only on rare occasions, such as the inauguration. Meanwhile, the Democrat and the Federal Reserve chairman have already met three times. Because inflation is now higher than it has been in 40 years, reaching 8.3 percent in April.

More on the meeting: https://bit.ly/3GFuCRq

𝗪𝗲𝗹𝘁 🌏🌍🌎:

3. 𝘡𝘸𝘦𝘪𝘵𝘦𝘳 𝘈𝘶𝘴𝘧𝘢𝘭𝘭 𝘷𝘰𝘯 𝘚𝘰𝘭𝘢𝘯𝘢 𝘪𝘯𝘯𝘦𝘳𝘩𝘢𝘭𝘣 𝘦𝘪𝘯𝘦𝘴 𝘔𝘰𝘯𝘢𝘵𝘴

On Wednesday, Solana fell more than 12% as the blockchain failed for the second time in less than a month.

During the crypto boom last year, investors who had focused primarily on Ethereum began diversifying into Solana and other alternative blockchains.

However, over the past year and a half, the blockchain network experienced repeated outages, highlighting the downside.

🟥 $SOL (-0,01 %) , 37,92€ (🔽 -10,8%)

Interested in the topic? https://cnb.cx/3NfGJXG

𝗦𝗸𝗮𝗻𝗱𝗮𝗹:

𝘜𝘚 𝘦𝘳𝘩𝘦𝘣𝘵 𝘈𝘯𝘬𝘭𝘢𝘨𝘦 𝘨𝘦𝘨𝘦𝘯 𝘌𝘹-𝘖𝘱𝘦𝘯𝘚𝘦𝘢-𝘊𝘩𝘦𝘧 𝘸𝘦𝘨𝘦𝘯 𝘕𝘍𝘛-𝘐𝘯𝘴𝘪𝘥𝘦𝘳𝘩𝘢𝘯𝘥𝘦𝘭𝘴

Nate Chastain, the former head of product at OpenSea who left the NFT market following an insider trading scandal in September 2021, is now in the crosshairs of U.S. authorities.

Chastain was charged Wednesday with wire fraud and money laundering in connection with trading on confidential information about which non-fungible tokens would appear on OpenSea's home page, the Justice Department said in a press release. The two indictments each carry a maximum sentence of 20 years in prison.

The Justice Department alleges in the press release that Chastain sold "dozens of NFTs" after posting them on the website for two to five times their original price. Chastain concealed his fraud by making these purchases through anonymous digital wallets and anonymous OpenSea user accounts, according to the Justice Department.

More on Nate Chastain: https://bit.ly/3948JyO

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻:

𝘎𝘢𝘮𝘦𝘚𝘵𝘰𝘱 $GME (+1,51 %)

GameStop has a higher loss in the first fiscal quarter. The loss per share increased from $0.450 to $2.08. This means the company has more loss than experts had predicted; expert estimates had predicted EPS of -$1.450.

EPS: 🟥 -1.45 $ expected vs -2.08 $ published; difference: -69.71%.

Revenue: 🟩 $1.32 billion expected vs $1.38 billion published; difference: +4.76%