Cardano (ADA) founder Charles Hoskinson says the true worth of crypto projects is not being reflected in the prices of their respective tokens. Hoskinson says that Cardano and “many other” crypto proj...
Tag: Markets
GameStop, American Eagle Outfitters, Asana and more
GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop&#...
Nio says Nvidia chip restrictions won’t hurt them
Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations. Vcg | Visual China Group | Getty Images Li said Wednesday ...
Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Michael ‘Big Short’ Burry: The Worst Is Yet to Come
No one can accuse the famed investor Michael Burry of inconsistency. The man immortalized by Michael Lewis’s book-turned-into-movie “The Big Short” has been bearish on stocks and other risk assets for...
California avoids widespread rolling blackouts as heat strains grid
A temperature sign at an El Dorado Savings Bank during a heatwave in Sacramento, California, on Tuesday, Sept. 6, 2022. David Paul Morris | Bloomberg | Getty Images California has avoided ordering rol...
Fed Vice Chair Brainard vows ‘we are in this for as long as it takes’ to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most. That will mean more interest rate increases and ...
UiPath, ChargePoint, Twitter and more
The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Check out the companies ...
Market bracing for another three-quarter point hike from the Fed this month
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. Mandel Ngan | AFP | Getty Images Traders are now seeing a near-certainty that the Fede...
Trading Bot for Beating Crypto Markets Selects Ethereum, Polygon, Solana, and Additional Blue-Chip Altcoin.
A trading bot for beating the markets is sharing its recent portfolio allotment. Traders’ risk desire has declined tremendously. A trading robot with a tag for surpassing the markets is sharing its re...
Coupa, UiPath, Nio and more
Check out the companies making headlines before the bell: Coupa Software — Shares surged 11.6% after the business management software company surpassed earnings estimates in its recent quarter, and is...
Will History Repeat? Michael Burry Predicts 2008-Like Crash In the Crypto Markets – Coinpedia – Fintech & Cryptocurreny News Media
Back in 2008, when US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy, it reduced people’s faith in the banking system to such an extent that a new class of assets, having no suppor...
Hoskinson Says Sea of Red Does Not Reflect Cardano Strength As Crypto Markets Are Disconnected From Reality
– Advertisement – Hoskinson laments plummeting crypto prices. In a two-tweet thread on Twitter today, Cardano founder Charles Hoskinson said that the crypto markets are disconnected from...
Bitcoin Crashes to 6-Week Lows as Crypto Markets Shed $60 Billion (Market Watch)
Yesterday’s brief price pump was short-lived as bitcoin reversed its trajectory and slumped below $19,000 to mark a multi-week low. The alternative coins, many of which registered impressive increases...
China’s Currency Struggles Spell Trouble Across Emerging Markets
(Bloomberg) — Most Read from Bloomberg Just months ago, the Chinese yuan was reigning supreme as emerging markets’ own haven asset, shielding investors from the turbulence of war and runaway inf...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
Governor Newsom’s Water Plan Represents Progress, But Misses The Power Of Markets
California Governor Gavin Newsom speaks after a tour of a water recycling demonstration facility in … [+] May. (Photo by Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images) M...
Trading Bot Known for Beating Crypto Markets Chooses Ethereum, Polygon, Solana and Additional Blue-Chip Altcoin
A trading robot with a reputation for outperforming the markets is sharing its newest portfolio allocations as most crypto assets seek to recover from an overall downtrend. Each week the Real Vision B...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
CVS to buy home health giant Signify Health for about $8 billion
CVS Health has reached a deal to acquire in-home health-care company Signify Health for about $8 billion, the companies said Monday. CVS said it will pay $30.50 a share in cash for Signify, an acquisi...
Bitcoin Prices Are Falling. Why Analysts Say a ‘Massive Capitulation’ Is Coming.
Text size Bitcoin continues to trade at less than one-third its all-time high from November 2021. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were under pressure on Monday. While...
Alibaba, FedEx, Bed Bath & Beyond and more
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana. Kaiti Sullivan | Bloomberg | Getty Images Check out the companies making the biggest moves midday Tuesday: Illumina — Share...
Where Does Inflation Come From? A Not So Brief History Of Inflationary Markets
Inflationary periods offer investors a very different set of circumstances in which they can profit. Getty Images The causes of inflation, as well as the severity with which inflation influences consu...
Bed Bath, Dropbox, Transocean and more
Check out the companies making headlines in premarket trading. Bed Bath & Beyond — The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest ...
Why China’s central bank is shoring up the yuan
The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the last few weeks. Sopa Images | Lightrocket | Getty Images BEIJING — China’s central bank has sent a strong signal it w...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...