Business

Twitter shares fell again this Monday and, incidentally, lost all the profits they had made since Elon Musk revealed his involvement on the social media platform. Shares of the San Francisco-based company fell 8.18 percent to $37.39, its seventh consecutive decline. The shares thus ended below the closing price of ... Read more

Start a new week and with it a new day in the financial markets. After closing the week with slight losses against the Mexican peso, the US dollar starts the day stable against other emerging currencies. Regarding the weight, The dollar fell 0.05 percent as Banxico revealed a 50 basis ... Read more

Cryptocurrencies, including Bitcoin, have seen a dramatic drop over the past week. In the case of Luna and Terra they lost up to 98% of the value. A crash in the cryptocurrency market is what happened last week, fueled by the dramatic fall of two “stablecoins” as they are moon ... Read more

Elon Musk replied with a “poop” emoji to Parag Agrawalafter the CEO of Twitter answered that it was not possible to have real numbers of fake and spam accounts on the social network. Musk asks for data on fake accounts or spam on Twitter It should be remembered that the ... Read more

Today, Monday, May 16, 2022, the dollar is trading at 20.0275 pesos per unit with a downward trend in real time. The peso advances 4.43 cents against the spot interbank dollar to settle at 20.0434, compared to the last settlement, on Friday Banxico (20.0877). On this day, the exchange rate ... Read more

Spirit Airlines plane at Chicago airport The drama between the low-cost airlines in the United States has been giving talk for months. Spirit will disappear as such, but it is not known at this point if it will be due to a merger with Frontier or because it finally accepts ... Read more

The oil start the day with trends down. Black gold prices have shown great volatility since the beginning of the war between Russia and Ukraine, however, with the blockades of the United States, as well as a possible closure of imports for the European Union, prices have been declining in ... Read more

The fall of bitcoin by 60% from its historical highs during the week and the reduction in the value of its cryptoactive reserves exacerbate the fiscal crisis “deeper that El Salvador has had in recent decades,” economist Tatiana Marroquín told Efe . The foregoing is added, according to the economist, ... Read more

The volatility in the prices of a barrel of oil raw follows. Since the beginning of the Russian offensive in Ukraine – February 24 – the cost per barrel has gone up and down, topping triple figures, reaching an all-time high of $130 per barrel at the start of the ... Read more

The prices of Petroleum they rise again, increasing about 4%. Oil prices have been volatile, supported by concerns that the European Union will ban Russian oil, pressured by fears that the resurgence of the COVID-19 pandemic will reduce global demand. “An EU embargo, if fully enacted, could take around 3 ... Read more