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Sources indicate that artificial intelligence chip company Cerebras Systems plans to raise its IPO price range to $150 to $160 per share and plans to issue 30 million shares. If priced at the upper end of the guidance range, the IPO could raise up to $4.8 billion.May 11 - According to a report by Irans Tasnim News Agency on May 10, citing sources, Iran has requested the U.S. Treasury Departments Office of Foreign Assets Control to lift sanctions related to Iranian oil sales within 30 days, in its proposal to the United States.May 11th - According to Irans Tasnim News Agency, an Iranian source stated, "We have just seen the so-called US presidents reaction to Irans response. This is completely irrelevant; no one in Iran will draft a proposal to please Trump. The only thing the negotiating team should develop is a plan that upholds the rights of the Iranian nation. If Trump is not satisfied with this, that would be a better outcome."On May 11, according to Axios, Trump said in a brief phone interview on Sunday that he rejected Irans latest draft agreement to end the war. Trump stated, "I dont like their letter. Their wording is inappropriate. I dont like their response." However, he declined to elaborate on the content of the reply. He said, "Theyve been giving the runaround to many countries for 47 years." Trump indicated that he spoke with Israeli Prime Minister Netanyahu on Sunday, and the two discussed Irans response and other issues. Trump said, "It was a very pleasant call. We have a very good relationship." However, he added that the Iran negotiations "are my business, not anyone elses business." In this brief interview, Trump did not specify whether he intended to continue negotiations or whether he might turn to military action.US President Trump: We have just successfully secured the release of three Poles and two Moldovans who were previously detained in Belarusian and Russian detention centers.

Crypto Market Daily Highlights – DOGE Hits Reverse in a Mixed Session

Cory Russell

Nov 04, 2022 16:33

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The top 10 cryptocurrency exchanges had a choppy Thursday session. Dogecoin (DOGE), BNB, and XRP all found support as the price fell. BTC broke a four-day losing trend and continued to stay over $20,000.


US economic figures were below forecasts, supporting the cryptocurrency market.


The ISM Non-Manufacturing PMI decreased from 56.7 to 54.4 in October. Analysts predict a drop to 55.5. The Index's sub-components were diverse. The non-manufacturing employment index for ISM dropped from 50.0 to 49.1. The Prices Index, however, increased from 68.7 to 70.7.


The unit labor cost data and other statistics, which were crypto-positive, contained unemployed claims. Initial unemployment claims decreased from 218k to 217k, while unit labor expenses increased by 3.5% in Q3, down from 8.9% in Q2.


The statistics supported the cryptocurrency market, while the NASDAQ Composite Index dropped by 1.73% as traders responded to Fed Chair Powell's comments.


The focus of today's late-day crypto market test will be the US employment data. Better-than-anticipated results would test consumer interest. The NASDAQ 100 Mini was down 12.75 points this morning.

Despite Weak US Economic Indicators, the Crypto Market Finds Support

The crypto market saw a bumpy day on Thursday, plunging to an early low of $944.0 billion and then recovering to a late-morning high of $974.4 billion. The market valuation for cryptocurrencies fell to $952.3 billion in the late morning, but before investors reacted to the ISM Non-Manufacturing PMI, the market cap rose to $966.1 billion before relaxing again.


The cryptocurrency market increased by $4.6 billion to close the day at $956.2 billion despite the late decline.

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