Bracing for a stock market that’s going ‘a whole lot of nowhere’: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 9, 2022 The looming era of ...

MicroStrategy Has Lost a Lot of Money On BTC

MicroStrategy has already lost nearly $150 million this quarter largely because bitcoin’s price has dipped so much. MicroStrategy Stock Has Fallen Due to BTC It wouldn’t matter if bitcoin fell on its ...

Sotheby’s to auction off one lot of 104 CryptoPunks in first live NFT auction

advertisement The centuries-old English art auction house Sotheby’s announced Tuesday that it will auction off 104 CryptoPunks, one of the oldest and most popular non-fungible token (NFT) collections ...

These end-of-life planning forms will save your family a lot of heartache, the trouble with Alaska’s oil fund and more retirement news

From MarketWatch: Opinion: Big money trouble with Alaska’s $80 billion oil fund: A major political row has broken out at Alaska’s Permanent Fund, the state’s giant $82 billion oil fund, where the firi...

P2E Game Nafstars Is Creating a Lot of Buzz

With the presale of its homegrown NSTAR token currently underway, play-to-earn card collecting game Nafstars is drawing a lot of attention not only from fans of NFT games but also from the wider gamin...

‘I See Evidence of a Lot More Institutional Adoption’ – Featured Bitcoin News

The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Tur...

Traditional Banks Can Learn a Lot From Neobanks

Neobanks are the future of banking due to their decentralized nature and usage of cloud technology to protect data and transactions, and traditional banks can benefit from collaborating with these ful...

Ferrari has a lot riding on its new SUV, the Purosangue

Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna, who has bee...

Qubit Finance Crypto Platform Hacked; A Lot of Money Is Gone

It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. T...

We See a Lot of Potential and Are Investing — CEO Tim Cook Says ‘It’s Very Interesting to Us’ – Metaverse Bitcoin News

Apple CEO Tim Cook says the metaverse has a lot of potential and his company is investing accordingly. “It’s very interesting to us,” he noted. Global investments banks Morgan Stanley and Goldman Sach...

Hedge Fund Melvin Lost $6.8 Billion in a Month. Winning It Back Is Taking a Lot Longer.

Gabe Plotkin wasn’t sleeping. His bets against meme stocks such as GameStop Corp. GME 4.69% were backfiring, and losses at his $12.5 billion hedge fund were mounting. Strangers angry about his wagers ...

Biden Will Send U.S. Troops To Eastern Europe Soon—But ‘Not A Lot’

Topline President Joe Biden said Friday the United States will send troops to NATO countries in Eastern Europe “in the near term,” after Russia’s deployment of over 100,000 troops near the Ukrainian b...

El Salvador Has Bought a Lot More BTC

The price of bitcoin has plummeted to a new low. At the time of writing, the world’s number one digital currency by market cap has fallen into the low $33,000 range, losing more than $5,000 from where...

Older Investors Have a Lot of Money in Stocks. How to Check if It’s Too Much.

A suddenly sliding stock market is sending a wake-up call to older Americans that maybe they shouldn’t invest like they used to. Many are likely to ignore that call. Thanks to a long bull market that ...

‘we have lot of conviction in what we’re doing’

General Electric Co (NYSE: GE) reported better-than-expected free cash flow for Q4 on Tuesday. Shares still tanked nearly 10% as revenue came in shy of Street estimates. Highlights from CEO Culp’s int...

Opinion: Thankfully, the Fed has decided to stop digging, but it has a lot of work to do before it gets us out of hole we’re in

NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the...

Intel still has a lot to prove to Wall Street one year after Pat Gelsinger came home

Intel Corp. had a rough 2021, and it looks like the chip maker will still face Wall Street criticism in 2022 for its ambitious capital investment plan and the success of competitors amid continuing de...

Twitter Users can now put NFTs as Profile Picture and a lot more

The announcement was made in September to launch such a feature, and finally, it’s on the run but only on Twitter’s premium version that too for IOS users for now. Twitter’s move towards NFTs Mega Soc...

‘A lot of people will lose a lot of money,’ Interactive Brokers founder says

It’s been roughly a year since GameStop (GME) began overtaking headlines and a ‘meme stock’ phenomenon was born. However speculative assets have been under pressure recently amid ris...

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

Text size Dreamstime Bitcoin’s fair value is $20,851, according to the only valuation model I’m aware of for this best-known cryptocurrency. Your reaction to this depends in part on whether you see th...

The Fed is about to see a lot of new faces. What it means for banks, the economy and markets

Sarah Bloom Raskin Andrew Harrer | Bloomberg | Getty Images In what likely will be just a few months’ time, the Federal Reserve will look a lot different: Three new governors, a new vice chairma...

CNN, Fox, And MSNBC Just Told Us A Lot About Their Futures With These Three New Show Announcements

Symone Sanders, former spokeswoman for Vice President Kamala Harris Getty Images For news industry watchers and reporters on the media beat, Monday brought a flood of announcements from a handful of t...

Crypto Unicorn TaxBit Joins Forces With PayPal, Coinbase, FTX And More To Make Paying Bitcoin And NFT Taxes A Whole Lot Easier

The Internal Revenue Service announced yesterday that the 2022 filing season will open January 24, and tax returns for individual U.S. taxpayers are due on April 18. Tax season is especially cumbersom...

World’s biggest podcaster Joe Rogan has a ‘lot of hope’ for crypto

Controversial comedian and commentator Joe Rogan said that he “has a lot of hope” for cryptocurrencies in a recent podcast interview. In the 1760th Jan. 8 episode of his podcast, “The Joe Rogan Experi...

Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘

JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...

Pro on Capital One: ‘there’s a lot more room to the upside here’

Capital One Financial Corporation (NYSE: COF) had a good run in 2021, with the stock up about 30%, but Pete Najarian is confident the stock will do even better this year. Najarian’s remarks on C...

MicroStrategy Just Bought a Lot More Bitcoin

Last Thursday, MicroStrategy – the billion-dollar software firm that became one of bitcoin’s biggest institutional supporters in 2020 – announced that it purchased a lot more bitcoin now that the curr...