Stock-market bears maintained the upper hand last week, with the S&P 500 finishing Friday below a crucial chart support level that has technical analysts warning of a potential test of its June lo...
Tag: Markets
SEC’s Crypto Stance Throwing Wrench in Industry’s Lending Markets: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly complicating matters for lenders in the crypto industry with some of its guidelines. According to a report from Reuters, multiple large ...
The Latest U.S.-China Worry: Another Ramp-Up in the Tech Cold War
Text size Wang Zhao/AFP via Getty Images The already-fractured U.S.-China relationship could worsen as the U.S. rolls out more restrictions aimed at curbing China’s access to technology and investment...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to climb. Natural-gas prices have more than doubled this ye...
The U.S. Consumer Is Running on Fumes, Say These Strategists
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. The Poor(er) U.S. Consumers The Week in 60 Seconds...
Markets Roiled by Inflation Leave Investors With Nowhere to Hide
(Bloomberg) — For investors burned by inflation, a very bad year is starting to look even worse. Most Read from Bloomberg As stock prices tumbled and bonds were hit with the deepest losses in de...
Stock Markets Offer Insight on Surviving Crypto Winter
A stock market-inspired respite might be in sight for crypto retail investors beset by high transaction fees. As the cryptocurrency markets experience an extended winter, consumers could rid themselve...
ETHPoW (ETHW) plunges over 60% a day after mainnet launch
The native token of EthereumPoW, a continuation of the proof-of-work Ethereum blockchain, was trading down over 60% on Friday a day after its mainnet launch. ETHW spiked as high as $60.68 in the early...
Ferrari’s Family Car: 4 Seats, 1 Trunk—and 800 Horsepower
Illustration by Elias Stein Text size It took a while, but Ferrari has a family car, with four doors and four seats. The iconic Italian sports-car maker, famed for its black “prancing horse” logo, rec...
Why Is the Stock Market Down? It Knows the Worst Is Yet to Come.
Text size NYSE From a certain point onward, there is no turning back. The stock market reached that point this past week. Oh, the market was hopeful, entering the week, that inflation had reached its ...
Uniglo (GLO) Beats Volatile Markets With 30% Price Gain Compared To Nexo (NEXO) And 1inch Network (1INCH)
Uniglo (GLO) has been one of the best-performing assets in the past month, despite the volatility in the markets. The price of GLO has increased by 35% compared to Nexo (NEXO) and 1inch Network (1INCH...
Bitcoin slips below $20,000, ether teeters on the edge of $1,500 after The Merge
Crypto markets slumped during a subdued trading day following Ethereum’s official shift to proof of stake. Bitcoin was trading at $19,763 on Coinbase, down about 0.48% over the past 24 hours, ac...
Ethereum Completes Merge Successfully, Crypto Markets Take a Beating: This Week’s Recap
The past seven days saw the successful transition of Ethereum’s network from a Proof-of-Work consensus algorithm to one governed by Proof-of-Stake. The event was described by many as one of the most s...
Home Depot’s customers have been resilient despite turmoil, CEO says
Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
How Powell and the Fed may react to FedEx warning
CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the cent...
Why Hispanic workers could face an outsized hit in a U.S. recession
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild re...
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
3 takeaways from Friday’s meeting, including how defensive plays are wins in this two-sided market
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. There is a bifurcation in t...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
FedEx CEO says he expects the economy to enter a ‘worldwide recession’
FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy. “I think so. But you know, these numbers, they don’t po...
Creators’ Opposition to NFT Markets that Forbid Royalties is Growing
Join Our Telegram channel to stay up to date on breaking news coverage The foundation of the developing non-fungible token (NFT) market is royalty payments, which enables artists to make money when th...
I can not recommend Occidental Petroleum
Universal Display Corp: “How about when it gets to say, 18, 19 times earnings, you actually pull the trigger. Wait for that stock to come down.” Nucor Corp: “I think you have to now ...
Stay calm after FedEx’s bad quarter, brace for economic pain
CNBC’s Jim Cramer advised investors not to panic after FedEx’s worse-than-expected first quarter. The “Mad Money” host’s warning comes after FedEx reported first-quarter ...
Markets Are Spooked by Inflation. Cathie Wood and Elon Musk See a Bigger Issue
It’s no secret that investors are worried about runaway prices for goods and services, with the stock market on track to post its worst weekly run since mid-June and also nearing its worst performance...
13 Investment Moves to Pump Out Income as Interest Rates Rise
Text size The Federal Reserve building in Washington. Graeme Sloan/Bloomberg Interest rates have further to rise amid persistent inflation, while the labor market remains too strong for its own good. ...