The US Labor Department published jobs data for the month of August, indicating where the economy is going. August saw the numbers go down from 526,000 jobs (in July) to 315,000 (a bit lower than Dow ...
Tag: Markets
What Snapchat’s Layoffs Mean For Investors
Getty Images Key takeaways Snap plans to lay off around 20% of its global workforce, or nearly 1,300 out of 6,400 employees Snap will also cancel some in-house projects to limit liabilities and stream...
The Stock Market Is in a ‘Super Bubble,’ Renowned Investor Jeremy Grantham Says
Text size Jeremy Grantham, shown in 2010. Daniel Acker/Bloomberg Famed investor Jeremy Grantham says the stock market is in the midst of a “super bubble.” That means prices are even more out of whack ...
Quantitative Analyst Plan B Says Bitcoin’s ‘Weak Hands’ Indicator Is Flashing – Here’s What It Means for Crypto Markets
Quantitative crypto analyst Plan B says that Bitcoin (BTC) is now trading below the realized price and the 200-week moving average, an indicator that tells if the top coin is in a bull or bear market....
Kohl’s, Broadcom, Lululemon and more
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Kohl’s — Share...
Here’s where the jobs are for August 2022 — in one chart
The U.S. economy added another 315,000 payrolls in August, with jobs growth slowing overall but still widespread throughout the economy. The economy saw growth in all the key sectors and subsectors in...
Ethereum: derivatives dominate ETH markets
Dominating the Ethereum (ETH) markets at this pre-Merge stage are derivative products. Ethereum derivatives products grow This is reported by Conor Ryder on Kaiko, who points out among other things h...
August 2022 jobs report:
Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported F...
I prefer Pioneer Natural Resources over Marathon Oil
Marathon Oil: “Marathon Oil is good, but why not own one of these with a giant dividend? How about Pioneer? Pioneer has the largest dividend in the S&P, and that’s my one. That’s...
Demand has never been stronger for our products
Motorola Solutions CEO Greg Brown told CNBC on Thursday that demand for the company’s public safety and enterprise security products has never been stronger. In an interview on “Mad Money,...
The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief econ...
Lululemon, Broadcom, Starbucks and more
Check out the companies making headlines before the bell: Lululemon (LULU) – Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat ...
Europe’s Public Markets Offer Happy Hunting Grounds For Private Tech Investors
The expansion of private markets – and the ready availability of capital to technology companies without having to list their shares publicly – has been a key development shaping the global digital ec...
China’s electric car companies are safe from the U.S. Nvidia chip ban
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...
Crypto Analyst Michaël van de Poppe Outlines What Needs To Happen for Bitcoin and Crypto Markets To Reverse Course
Popular crypto analyst Michaël van de Poppe is laying out what needs to happen for Bitcoin (BTC) and the rest of the crypto market to reverse course. In a new video update, Van de Poppe tells his 165,...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Why Renowned Investor Jeremy Grantham Says Stocks Are in a ‘Super Bubble’
Text size Jeremy Grantham, shown in 2010. Daniel Acker/Bloomberg Famed investor Jeremy Grantham says the stock market is in the midst of a “super bubble.” That means prices are even more out of whack ...
What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro
With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again car...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed – Emerging Markets Bitcoin News
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, t...
Economic downturn is an opportunity to grab market share
Signet Jewelers can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a “Mad Money̶...
‘Don’t be a hero’ — Cramer says unprofitable stocks may have even more room to fall
Investors should continue to shun money-losing companies, CNBC’s Jim Cramer said Thursday, contending the turbulence that dominated earlier this year has returned with vigor. “It’s a...
Here’s The What Financial Markets Will Be Watching Out For This September
NEW YORK, NY – FEBRUARY 2: (Photo by Drew Angerer/Getty Images) Getty Images Historically, September has seen the worst monthly stock market returns in recent history. That together, with the fa...
Stocks making the biggest moves after hours: Lululemon, Broadcom and more
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making he...
The Stock Market’s Summer Rally Is Over And Investors Should Prepare For A Rough September
Topline The summer stock market rally appears to have fizzled out after steep declines in August, and experts warn investors should expect more volatility in September, which is historically the marke...
Nvidia Selloff Is an ‘Overreaction,’ Analyst Says. The Stock Is Still a Buy.
Text size An analyst said a selloff in shares of Nvidia on Thursday presents a ‘particular buying opportunity.’ (Photo by Justin Sullivan/Getty Images) Getty Images Shares of Nvidia fell n...