FlowBank's hand-curated fresh financial news [header_noDither] Bitcoin and Ether Reach New Heights Amid Market Optimism Bitcoin soared to a new record high, reaching $72,750.16, while Ether broke through the $4,000 mark for the first time since December 2021, driven by inflows into U.S. spot bitcoin ETFs and anticipation of Ethereum's next big tech upgrade, Dencun. Despite mixed performance in crypto-related companies, the introduction of cryptocurrency-linked exchange-traded products in the UK and the potential approval of spot ether ETFs in the U.S. have bolstered investor optimism, signaling a possible increase in institutional investment and a positive impact on cryptocurrency prices. WHAT'S MOVING [Group 1742 (45)-1] [Start Trading](113/cXx8Z04/VWdlHm3SF_70N8vQPMwCRVTQW87_Sgk5bzcywN2z6H2l2-ZVTW6N1vHY6lZ3mNN5qnyCZLHqrRW1b_FKT2CSNJGMxHgJpsbHKVW44dST92SjS_0W4gPNF-7PQV0FW83YyHB4qTwwvW7WFc7Q1ZWCZnW4DKh3z4-kxCfW4dYNt85m7bmhW3LTQ1l6ZbHCRW54LVZx2vQxs0N3TvCtc3mR0zN8zVQqCpxgJcW8dmdXZ123RKQW1fhLK568Y-V-W3Pq3PZ53DJ8wW24SwMx3675jbW1fRQ5H4XDYLSW359gCM6MclZ2W2tByHl3bPnHTW9bYgTf43d5l7W5Dzx3W8Llxwrdvf-q-04) [Group 1752 (37)] Oracle Oracle's shares soared 13% after beating earnings expectations, buoyed by strong demand in its cloud services and AI servers, despite a slight revenue shortfall. [Group 3 (45)-2] Alcoa Alcoa announced a $2.2 billion all-stock acquisition of Australian partner Alumina, positioning it as a leading alumina and bauxite producer amid growing demand for metals essential for clean energy transition. [Group 1750 (46)] Reddit Reddit targets a valuation of nearly $6.5 billion for its IPO, planning to sell 22 million shares at $31 to $34 each, marking a significant tech and social media market debut. WHAT'S COMING UP? USD: Core CPI (MoM) (Feb): Exp. 0.3% v Prev. 0.4% USD: CPI (YoY) (Feb): Exp. 3.1% v Prev. 3.1% USD: 10-Year Note Auction: Prev. 4.093% IN OTHER NEWS Wall Street Early Tuesday, stock futures edged higher, with investors looking forward to an important inflation report that may influence the Federal Reserve's monetary policy direction. Dow Jones futures rose by 0.14%, while S&P 500 and Nasdaq 100 futures increased by 0.38% and 0.63%, respectively. [Group 1769] Europe & Asia-Pacific European stock markets are poised for a positive start on Tuesday, with expectations for the U.K.'s FTSE 100, Germany's DAX, France's CAC, and Italy's FTSE MIB to open higher. Earnings reports from Lego and Persimmon are anticipated. MARKET INSIGHTS What is an IPO? Feeling left out of the loop of the IPO buzz? The jargon, the hype, and the complexity can be overwhelming but you can fix that right now. Gain complete clarity with our guide to what is an IPO, it breaks why companies choose to go public and list on a stock exchange, the pros and cons of doing so and lists famous past IPOs and potential future listings. [Read more](113/cXx8Z04/VWdlHm3SF_70N8vQPMwCRVTQW87_Sgk5bzcywN2z6H1M2-ZVTW5BW0B06lZ3lyW5GxHFN2zfQrmW2Fg-DQ6yWVG8W5QXb5t3w_kLYW47Mh4T8DNh9cW4fYfyq4Rx_7-W3XMBqK68rkmvW35RQpR14tjfnW9lQjn41g00W0N5176Vc2fXd7W7gbJRD2mllvYW7TyQfQ5zKVClW7znLzF7XhZM_W7HlFcT8ghkqxW95hcb25wPWKzW4PMTT97g_JY7W8gwgqF54vb3yW3STJZm38Wb2rW7hq4PS2XKZgpf2gTYjM04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VWdlHm3SF_70N8vQPMwCRVTQW87_Sgk5bzcywN2z6H1M2-ZVTW5BW0B06lZ3llW2q3kv36mMWXzN6RrN1Mntg0zW3xGPg51VbQ5dN4nbLY8cW-41W7Tw9c05_2xVnN4yy0VJyQ1vhW79NYf-4PVFF8W2lNBMr5pBJRKW7wnPb84n3SfbW4qStjT4yck_HW2gfD6Y2_GxNtN4J97nGNqpZzW8_-VxH6JW5CZW5xZrB283QWT7W1Rrx-K8ZN7bgW4_KlNX1lCgZMW6DFjd16PBP87W94KqnT94l7djdYc_DT04)
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