Goldman Sachs recently cut back on its oil forecast for the fourth quarter of 2022 due to a number of reasons. These include increasing Covid outbreaks in China and a lack of clarity regarding the intent to cap Russian oil prices by the G7 nations.
Ripple Inc, a leading blockchain technology company, is reportedly interested in some of the assets of the bankrupt FTX exchange. According to Ripple chief executive officer Brad Garlinghouse, the former FTX CEO Sam Bankman-Fried contacted for a capital round two days before filing for bankruptcy.
The shares of American multinational mass media and entertainment conglomerate, Walt Disney Co are seeing an impressive rejuvenation in the Pre-market today as the news of the reinstatement of Bob Iger as the new Chief Executive Officer has continued to impress investors.
Crypto market data analytics firm CoinGecko has just published a report on the impact of the FTX collapse. According to the report, the users mostly affected by the fallout are Asians, hailing mostly from South Korea, Singapore, and Japan, in that order.
