Fed Chairman Jerome Powell.OLIVIER DOULIERY/AFP via Getty Images Since 1988, the final Fed rate hike has been followed by increases in the price of Brent crude three months later. In those instances, ...
News
After he sold his company for over $1 billion, Ryan Reynolds’ investing spree continues with a fintech company that has ties to Binance and DraftKings
Ryan Reynolds has invested in a diverse range of businesses over the last few years, from alcohol company Aviation Gin to budget mobile cell phone service Mint Mobile. Now, Reynolds is investing again...
Wells Fargo Sells $3.8 Billion in First Post-SVB Big Bank Sale
(Bloomberg) — Wells Fargo & Co. tapped the high-grade corporate bond market Monday, the first large US lender to sell bonds since the collapse of Silicon Valley Bank. Most Read from Bloomber...
Decentraland and Aave post bullish trade signals according to Avorak AI algo bot
Decentraland (MANA) and Aave (AAVE) have recently posted bullish trade signals, according to Avorak AI algo bot. This has generated interest among investors and traders who are looking to capitalize o...
Here’s How Apple’s New Savings Account Compares
Apple (AAPL) today unveiled a long-awaited savings account for Apple Card holders, launching with an interest rate of 4.15% APY. Called simply Apple Card Savings, the planned offering was first announ...
U.S. SEC Fines Crypto Exchange Bittrex, For Unregistered Security
SEC fined Bittrex for national unregistered securities on Monday. The crypto exchange Bittrex replied with disappointment. Sooner this Monday, the U.S. Securities and Exchange Commission (U.S. SEC) ch...
Johnson & Johnson Reports Earnings Tuesday. Here’s What to Watch.
Text size Johnson & Johnson is splitting off its consumer health business, but it hasn’t said when it will do so. Mario Tama/Getty Images When Johnson & Johnson reports its earnings on Tuesday...
AI Stock Tesla’s Musk Starts AI Company With 100 Mil. Private Stock Sale; Is AI Stock A Buy?| Investor’s Business Daily
Tesla (TSLA) chief Elon Musk has started an AI company. On Friday, Musk incorporated the new company, X.AI in Nevada. Musk is the sole director of the company and plans to make a private sale of 100 m...
DigiToads (TOADS) and MultiversX (EGLD) Expected to Make Strides in Top 20 Cryptocurrencies by 2025
The global cryptocurrency market is estimated to grow at a mammoth rate over the next five years. The blockchain sector is only going to progress as technology evolves. To that end, DigiToads is a hig...
Bank of America’s Earnings Are Coming. What to Expect.
Text size Bank of America shares are down 22% this year. Photo by Spencer Platt/Getty Images Eyes are on Bank of America next to see if its first-quarter results match the better-than-expected reports...
Lockheed Earnings Are Coming. What to Expect.
Text size Lockheed delivered fewer F-35s in 2022 than it expected because of engine delays. Fabrice Coffrini/AFP via Getty Images Defense spending is on the rise around the globe. That’s good for Lock...
DOT’s warranted celebration may not have metrics in attendance because…
Weighted sentiment towards DOT wasn’t at its best at the time of writing. However, DOT managed to stay in the green at press time and surged by 6% over the last seven days. Polkadot [DOT] Network’s of...
Only 6 pure EVs on sale today qualify for the full EV tax credit
In another twist to the government’s confusing EV tax credit policy, now fewer EVs will qualify for the full credit. On Monday, the Treasury Department issued its final list of EVs available for the f...
Sell US stocks now before the S&P 500 tanks by over 20%, strategist says
Traders work on the floor of the New York Stock Exchange, November 16, 2010.Brendan McDermid/Reuters Exit the stock rally now as the S&P 500 index could tumble about 22%, according to the chief ma...
Ad tier, password sharing crackdown to take center stage
Netflix (NFLX) is set to report first quarter earnings after the bell on Tuesday as investors eagerly await updates regarding the company’s recently launched ad-supported tier, in addition to it...
Apple launches high-yield savings account with a 4.15% APY—here’s what savers need to know
Starting today, Apple cardholders will be able to grow their Daily Cash rewards with an Apple savings account by Goldman Sachs. More from Fortune: 5 side hustles where you may earn over $20,000 per ye...
SpaceX Set to Launch Starship Rocket System but Musk Lowers Expectations
Over the years, Musk has made multiple presentations about Starship, its design, and its aim. He also emphasized the rocket system’s ability to transport humans and cargo to Mars. Elon Musk-owned spac...
Starting tomorrow, only six EVs will still qualify for a $7,500 federal tax credit
The IRS released a list of electric vehicles that still qualify for the full $7,500 federal tax credit after strict new guidelines, , officially go into effect on April 18th. The list is very short, a...
Jamie Dimon says the banking chaos won’t spark a 2008-style financial crisis
JPMorgan Chase CEO Jamie Dimon.Kimberly White/Getty Images Jamie Dimon doesn’t expect the current banking chaos to morph into a financial crisis. Warren Buffett’s offer to bet $1 million o...
McCarthy Pledges Vote on US Debt Limit — With Spending Cuts
(Bloomberg) — House Speaker Kevin McCarthy told a Wall Street audience on Monday that the US House will vote in coming weeks on a plan to lift the nation’s borrowing limit, but not without new c...
China EV Stocks Gain As Key Auto Show Opens; XPeng Leaps 13% On New Platform
Visitors look at Volkswagen AG vehicles at the carmaker’s booth at the Auto Shanghai 2021; this … [+] year’s edition opens today in China. Photographer: Qilai Shen/Bloomberg © 2021 B...
Why the stock market’s running of the bulls might be about to kick off
Welcome back readers. Phil Rosen here reporting from Manhattan. Optimists rejoice — Wall Street strategists just pinpointed a handful of trends, indicators, and gauges that all suggest 2023 could see ...
McDonald’s changes up burgers with more melted cheese, more Big Mac sauce
McDonald’s (MCD) is out with an update to its burger lineup that will impact its Big Mac, McDouble burger, cheeseburger, double cheeseburger, and hamburger. The changes include a softer bun, mor...
Nvidia Stock Is An Excellent AI Growth Play, Says Piper Sandler
For those following market trends, it has been impossible to ignore the buzz around generative AI (artificial intelligence) in recent months. The craze was set in motion by ChapGPT, Open AI’s AI bot t...
Apple launches high-yield savings account with Goldman in payments push
Apple (AAPL) said Monday that it is launching high-yield savings accounts for Apple Card holders in partnership with Goldman Sachs (GS), marking the tech company’s latest foray into payments. Th...
US Treasury updates list of EVs that qualify for tax credits. See which cars made the list.
BMW, Nissan and other major automakers are set to lose access to a $7,500 electric vehicle tax credit this week. The U.S. Treasury on Monday released a full list of the vehicles with access to U.S. el...
Fox News-Dominion libel case set to begin after brief delay
WILMINGTON, Del. (AP) — The Delaware judge overseeing a voting machine company’s $1.6 billion defamation lawsuit against Fox News delayed the opening of the trial Monday, raising the prospect that the...
Tesla workers in Shanghai push Elon Musk to U-turn on bonus pay cut after fatal factory accident
Tesla is receiving backlash from workers at its Shanghai plant and Chinese social media users for reportedly cutting staff bonuses after an employee was killed in an accident at the electric vehicle f...
Algorand (ALGO) Suffer Significant Losses Following SEC Chair’s Remarks
7 seconds ago | 2 mins read Altcoin News U.S. SEC chairman Gary Glenser declared Algorant as an unregistered security. The ALGO trading price has declined by around 6% in the last 24 hours. The U.S. S...
This caveat to OKB’s recent uptick is all you need to know
-OKX [OKB] experienced a sudden surge in value, which may be attributed to the sale of the SUI tokens. -Despite the surge in price and volume, there was no notable uptick in the active address metric....
Top 3 reasons why Shiba Inu can 10x before the end of 2023!
In 2021, the Shiba Inu Coin sparked what may have been the most significant hype the crypto market has ever witnessed. While Dogecoin had already experienced rallies of 10x or more in previous years, ...
Suga Now Claims The Most Top 10 Bestselling Songs Among Korean Soloists In U.S. History
SEOUL, SOUTH KOREA – MAY 21: Suga of BTS attends a press conference for BTS’s new digital single … [+] ‘Butter’ at Olympic Hall on May 21, 2021 in Seoul, South Korea. (Ph...