On August 28, news reported that U.S. stocks opened with mixed results. The Dow Jones Industrial Average rose by 0.21%, the S&P 500 increased by 0.05%, while the Nasdaq Composite fell by 0.09%. (Jin Shi)
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U.S. Stock Indices Show Mixed Performance
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Chevron and Other U.S. Companies Seek to Invest Billions in Venezuelan Oil Fields
On August 28, The Wall Street Journal reported that Chevron (CVX.US) and other U.S. energy companies are close to finalizing an agreement to invest billions of dollars in Venezuelan oil fields. This development could yield results for President Trump after months of slow negotiations. Sources indicate that Chevron is nearing a deal to expand its long-standing operations in the Latin American country and may include two additional heavy oil fields in Venezuela in its portfolio. Currently, Chevron has three joint ventures with Venezuela's state-owned oil company, PdVSA, and is the only major U.S. company operating in Venezuela. Additionally, one of the largest oilfield service companies in the U.S., Halliburton (HAL.N), is also in negotiations to introduce its full suite of equipment to Venezuela to provide services to local oil producers. -
Chevron and Other U.S. Companies Seek to Invest Billions in Venezuelan Oil Fields
On August 28, The Wall Street Journal reported that Chevron (CVX.US) and other American energy companies are close to reaching an agreement to invest billions of dollars in Venezuelan oil fields. This would provide President Trump with a potential achievement after months of slow negotiations. Sources revealed that Chevron is nearing an agreement to expand its long-standing operations in the Latin American country and may include two additional heavy oil fields in Venezuela into its portfolio. Currently, Chevron has three joint ventures with Venezuela's state oil company, PdVSA, and is the only large U.S. company operating in Venezuela. Sources also indicated that Halliburton (HAL.N), one of the largest oilfield services companies in the U.S., is in negotiations to introduce its full suite of equipment into Venezuela to provide services to local oil producers. -
Arthur Hayes States Trump Can No Longer Influence Bitcoin Prices
In an interview, Arthur Hayes stated that U.S. President Trump can no longer influence Bitcoin prices, and discussed future trends in the cryptocurrency market as well as Bitcoin price predictions. (Cointelegraph) -
Arthur Hayes States Trump Can No Longer Influence Bitcoin Prices
In an interview, Arthur Hayes stated that U.S. President Trump can no longer influence Bitcoin prices and discussed future trends in the cryptocurrency market as well as Bitcoin price predictions. (Cointelegraph) -
Grayscale GBTC Address Transfers 340.45 BTC to Coinbase Prime and Other Addresses
According to monitoring by Arkham, on August 28 at 21:47 (Beijing time), addresses related to the Grayscale Bitcoin Trust transferred 340.449091 BTC to two addresses, including Coinbase Prime Deposit, valued at approximately $26.9186 million. -
Grayscale GBTC Address Transfers 340.45 BTC to Coinbase Prime and Other Addresses
According to monitoring by Arkham, on August 28 at 21:47 (Beijing time), addresses related to Grayscale Bitcoin Trust transferred 340.449091 BTC to two addresses, including Coinbase Prime Deposit, valued at approximately $26.9186 million. -
Fed Chair Waller: We Must Be Confident Core Inflation is Moving Towards Target
Fed Chair Waller: We must be confident that core inflation is moving towards the target, or we still have work to do. It is difficult to describe financial conditions as restrictive. (Jin Shi) -
Fed Chair Waller: We Must Be Confident Core Inflation is Moving Towards Target
Fed Chair Waller: We must be confident that core inflation is moving towards the target, or we still have work to do. It is difficult to describe financial conditions as restrictive. (Jin Shi) -
Marvell Technology (MRVL.O) Drops by 8%
Marvell Technology (MRVL.O) has seen a decline of 8%. Despite exceeding earnings expectations, Wall Street is dissatisfied with the slow revenue recognition from Google's large order. -
Marvell Technology (MRVL.O) Falls 8%
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