Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tag: Markets
Nvidia, Okta, Five Below, Bed Bath & Beyond and more
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Check out the companies making headlines in mid...
Former NASA administrator Jim Bridenstine joins Phase Four board
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Ji...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Jim Cramer says he likes these 5 liquified natural gas stocks for the long haul
CNBC’s Jim Cramer highlighted Wednesday five companies involved in the liquified natural gas industry that he believes could be worthwhile long-term investments. When the market gets challenging...
CVS Health is a buy
Canoo: “Profits. That would really go a long way [in making the stock a better investment right now].” Apa Corporation: “I like Apache. I think it’s got a lot of natural gas. [...
Fed likely to keep hiking until there’s economic deterioration
CNBC’s Jim Cramer said Wednesday he expects the Federal Reserve to keep raising interest rates until there is clear evidence that the U.S. economy has slowed down. While some hoped the Fed may s...
Hormel Foods, Campbell Soup, Ciena and others
Check out the companies making headlines before the bell: Hormel Foods (HRL) – Hormel fell 4.2% in the premarket after issuing a mixed batch of quarterly results and guidance. The food producer’...
SpaceX wins $1.4 billion NASA contract for 5 more astronaut missions
The SpaceX Falcon 9 rocket, carrying astronauts Doug Hurley and Bob Behnken in the Crew Dragon capsule, lifts off from Kennedy Space Center, Fla., on Saturday, May 30, 2020. The SpaceX Demo-2 mission ...
Okta, Nutanix, Five Below and more
The inside of one of Five Below’s existing locations. Five Below Check out the companies making headlines after hours. Pure Storage — The tech stock jumped 7% after the data storage developer su...
Interview with Ben Caselin, Head of Research and Strategy at AAX on Bitcoin in Emerging Markets Survey
AAX in association with Forrester Research recently published the findings of a survey conducted in Africa, Latin America, the Middle East and Southeast Asia on Bitcoin adoption. We asked Ben Caselin,...
Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments – Markets and Prices Bitcoin News
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of...
C3.ai Stock Tumbles. It Sees Lower Revenue and Is Changing Business Models.
Text size Software provider C3.ai is shifting to a consumption-based business model like Amazon Web Services. Dreamstime Artificial intelligence software company C3.ai slashed its revenue outlook and ...
Nvidia Stock Drops as U.S. Limits Exports to China. ‘Military End Use’ Is Key.
Text size Nvidia’s A100 chips ae used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip make...
Stricter standards needed for carbon offsets, several House reps urge
Riverside industrial pulp mill showing smokestacks and stream releases as the facility operates on a sunny afternoon. Education Images | Universal Images Group | Getty Images Several House Democrats t...
SolidusX Lets Users Tap into Global Markets
[PRESS RELEASE – Please Read Disclaimer] Since bursting onto the scene in March, SolidusX has won plaudits from professionals and first-time investors alike, thanks to its reasonable fees, high functi...
ETH Hovers Near $1,600, as Crypto Markets Consolidate – Market Updates Bitcoin News
Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the glob...
Klarna losses triple after aggressive U.S. expansion and mass layoffs
The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news f...
Private payrolls grew by just 132,000 in August
A hiring sign is seen in a cafe as the U.S. Labor Department released its July employment report, in Manhattan, New York City, August 5, 2022. Andrew Kelly | Reuters Companies sharply slowed the pace ...
Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023
Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central b...
Designer Brands, Express, Chewy and more
Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected profit and revenue for its latest quarter and rais...
Cryptocurrency markets trade flat as Eurozone inflation hits record 9.1%
Eurozone consumer inflation rose to its highest-ever level at 9.1%, putting additional pressure on the European Central Bank (ECB) to hike rates. Cryptocurrency markets continued to trade flat as the ...
AMD’s Aggressive Chip Pricing Will Help It Beat Intel, Says Analyst
Text size A Ryzen 7000 Series desktop processor will start at $299. AMD Advanced Micro Devices will grab even more market share if Wedbush is on the money about the chip maker’s latest lineup of proce...
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador – Emerging Markets Bitcoin News
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Sa...
China is set to convene a historic meeting on Oct. 16. Here’s what to expect
Chinese President Xi Jinping is widely expected to further consolidate his power at a twice-a-decade congress this fall. He is pictured here on July 1, 2022, at a swearing-in ceremony for Hong Kong...
Baidu claims its robotaxis have grabbed 10% of a ride-hailing market
Chinese tech giant Baidu’s robotaxis have grabbed about 10% of the ride-hailing market in a Beijing suburb, the company said Tuesday Vcg | Visual China Group | Getty Images BEIJING — In less tha...
Fed upsets the markets by dictating a hawkish line- The Cryptonomist
Following the harsh words spoken by Fed number one Jerome Powell, both equity and cryptocurrency markets have taken a hit, and a 75 basis point rate hike is on the horizon. Fed’s words hit markets On ...
JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy – Markets and Prices Bitcoin News
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overesti...
Cramer says avoid all speculative investments like crypto as the Fed stays hawkish
CNBC’s Jim Cramer on Tuesday implored investors to stay away from speculative assets such as cryptocurrencies, warning that they will continue to struggle during the ongoing Federal Reserve tigh...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...