Other news

Currently, the CTO and co-founder of the Stellar platform is forming a team of industry experts and engineers. The purpose is quite interesting: to search for new prospects in space exploration.

According to the publications made on Monday by Reuters and Wall Street Journal, the much-hyped deal of selling of Twitter to American business magnate Elon Musk has preliminarily passed the shareholder vote. It happened despite Musk’s attempts to back out of the deal, which are disputed by the Twitter representatives in the court.

The announcement of the launch of options trading for its Ether (ETH) futures products appeared Monday on the CME Group derivatives platform.

The Starbucks company has announced its new project, which includes a possibility for the company’s coffee members from the North America to get their special digital stamps, allowable for collecting. The stamps exist in a popular format of nonfungible tokens. The tokens, or NFT, might be obtained by participants by purchasing or participating in the company’s games and challenges.

According to Goldman Sachs Group Inc., the complex macroeconomic situation in Europe might have a negative impact on stocks, despite a positive risk-reward balance, tax incentives and measures aimed at efficient energy use.

On Tuesday, it became known that a further interest rate hike is expected next week, according to the results of a poll of economists held by Reuters. The raise of the interest rate will be performed by the Fed by 75 basis points, as estimated by specialists. The policy rate is expected to remain unchanged for a prolonged period of time after the peak.

The latest earnings reports of the 2 software giants Oracle and Adobe are expected next week.

China is facing serious economic trouble. The country's economic growth has stalled, the level of youth employment has reached a peak, the real estate market is on the verge of collapse, and companies are struggling with persistent supply chain disruptions.

At the end of the year, electricity prices and fuel shortages are expected to rise even more. Because of this, stocks and bonds of energy companies are poised to get a boost from investors looking to make money.

As it became known recently, Tesla is pondering a possible construction of a plant aimed at refining lithium hydroxide, which is used in batteries. The coast of the Gulf of Mexico in Texas is considered as a potential plant location.