Crypto.com has paid millions to sponsor Formula One. When the event comes to Singapore later this month, that could mean a lot of empty space. The company has been part of a drive by cryptocurrency fi...
Tag: Markets
Stocks Poised to Open Higher on Monday
Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On S...
These are the 10 major housing markets that just saw the biggest declines in home equity
Plus, what to know if you’re thinking about taking out a HELOC. Getty Images/iStockphoto As home prices soared in recent years, homeowners enjoyed record levels of tappable home equity, which is the a...
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
Why Total Yield Can Be a Savior in Volatile Markets
Text size MetLife is one of the financial firms that has thrived this year. Michael Nagle/Bloomberg Income investors are finally having their moment. In a volatile year for markets, which saw major in...
Mixed performance with progress and delays
The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab The second quarter was a mixed bag for space companies, with some firms postin...
Quantitative Tightening Is About to Ramp Up. What It Means for Markets.
The Federal Reserve now owns about a third of both the Treasury and mortgage-backed-securities markets as a result of its emergency asset-buying to prop up the U.S. economy during the Covid-19 pandemi...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
These two ETFs point to a potential stock-market drop, says this market analyst
Growth and technology stocks, as measured by the Nasdaq-100 index, have gotten more expensive and appear poised for a potential fall in the next couple weeks, according to Michael Kramer, founder of M...
Despite War and Inflation, Crypto Markets Continue to Mature (KPMG)
The leading global accounting firm – KPMG International – claimed in one of its recent reports that the cryptocurrency market has displayed growing maturity in the past several months. This comes desp...
Amber Group cuts staff by 10%: Bloomberg
Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...
Ethereum’s ‘Merge’ Is Disrupting Crypto Trading and Lending
Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the wor...
3 major mistakes to avoid when trading cryptocurrency futures markets
Many traders frequently express some relatively large misconceptions about trading cryptocurrency futures, especially on derivatives exchanges outside the realm of traditional finance. The most common...
Bitcoin soars more than 10% as it trades above $21,000
Cryptocurrency prices rose across the board on Friday, with bitcoin jumping as much as 10% and ether rising more than 6%. At the time of writing, bitcoin is changing hands at roughly $21,100 per Coinb...
Ray Dalio’s Bridgewater predicts another 20% to 25% drop for the markets — here’s what the asset manager still holds for shockproofing
Ray Dalio’s Bridgewater predicts another 20% to 25% drop for the markets — here’s what the asset manager still holds for shockproofing The Fed’s aggressive rate hikes have cast a giant shadow over the...
Inflation Could Be Harder to Tame Than the Fed Anticipates
Text size Another 75-basis-point hike in the federal-funds target is looking very, very likely. Ting Shen/Bloomberg Market participants returned from their summer holidays apparently undaunted by the ...
The Stock Market Had a Crazy Good Week. One Way to Make Sense of It All.
Text size Michael M. Santiago/Getty Images Traders prefer a volatile market, and they’ve gotten one in 2022. Stocks have declined, rallied, and dropped again, driven by ever-evolving expectations for ...
Europe’s Unfolding Crises Could Impact U.S. Stocks. Here’s How.
U.S. investors are watching the Federal Reserve but the European Central Bank is likely to keep hiking rates to pull down prices, and those moves deserve more attention. Graeme Sloan/Bloomberg Text si...
Crypto markets see flood of Queen Elizabeth memecoins and NFTs
Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in ...
Bitcoin’s Correlation With Stocks Comes Back as Economic Factors Roil Markets
“Bitcoin has behaved similarly to tech stocks, albeit with some idiosyncratic events, namely forced selling by large institutions like Three Arrows Capital,” he told CoinDesk in a written note. “There...
The stock market’s June lows ‘need to be back in the conversation,’ says top chart watcher
Stock market investors may be facing another bear-market surprise, according to a technical strategy report from BTIG. The S&P 500’s monthly relative strength index is at 48, pointing to the possi...
A ‘Superbubble’ in U.S. Markets? – crypto.news
The global economy is teetering on the edge of recession, but markets need to brace for more pain, says Jeremy Grantham. This ominous warning comes as equity markets are reportedly diving and credit m...
Phemex, the first exchange to offer Prediction Markets
The Singaporean cryptocurrency exchange Phemex has developed and transformed into a complete platform for managing financial assets. Phemex moved quickly after observing that customer demand for crypt...
Here’s how Crypto markets are cashing on Queen Elizabeth’s demise
London Bridge is Down!! After a long and fruitful reign, Queen Elizabeth II has passed away. It’s an honorable yet difficult moment for Britain, which has had her as its Monarch for over 7 decades. Qu...
Zscaler, DocuSign, Virgin Galactic, Kroger and more
The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Zscaler — Zscaler surged 20%...
Why Guggenheim’s Scott Minerd Sees Stocks Falling Another 20% by Mid-October
Text size Scott Minerd says ‘we should see a really sharp adjustment in prices very fast.’ Patrick T. Fallon/AFP via Getty Images Guggenheim Securities Chief Investment Officer Scott Miner...
Polestar Gets Sell Rating. Its Shares Rise.
Text size Lucid stock is down 74% from its 52-week high. Courtesy Lucid Motors The bubble in small capitalization electric vehicle stocks inflated then popped. Small EV shares still trade strangely, h...