U.S. retail sales rose 3% in Jan. 2023 to $697 billion, beating analysts’ 2% estimates and exceeding December sales by 4.1% as healthy demand and CPI point to rising inflation. Rising retail sales sug...
Tag: Markets
Bitcoin price reaches 6-month high above $24,000
Markets • February 15, 2023, 6:02PM EST Bitcoin reached its highest point since Aug. 17, and its drawdown in 2022 might have something to do with it. The leading cryptocurrency by market cap wa...
Silvergate hurtles back above $20 with crypto stocks in the green across the board
Markets • February 15, 2023, 5:10PM EST Crypto-related stocks soared in trading on Wall Street today. Silvergate, Coinbase, and MicroStrategy led the way with double-digit gains. Silvergate rose...
ROKU, CSCO, TWLO and more
In this photo illustration, a hand holding a TV remote control points to a screen that displays the Roku logo. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines aft...
Robinhood cryptocurrency trading volume jumps 95% in January
Robinhood reported cryptocurrency trading volumes up 95% in January to $3.7 billion from the previous month. Notional Trading Volumes — which are the primary driver of transaction revenues — wer...
Republicans leading House environmental committees: Who are they?
The US Capitol in Washington, DC, US, on Wednesday, Jan. 25, 2023. Al Drago | Bloomberg | Getty Images Following the midterm elections in November, President Joe Biden faces a GOP-controlled House of ...
Charlie Munger says BYD is far ahead of Tesla in China
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever. “I have never helped do anything at Berkshire [H...
Americans are spending despite high inflation. That means rate hikes
Fresh economic data this week shows Americans are shopping more than expected at the start of the year, even as prices continue to rise. That may be good news for some of the Club’s retail holdi...
Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the ...
Internet Outperforms As CPI Drives Asia Markets Lower
China Last Night KraneShares Key News Asian equities were mostly lower as Hong Kong underperformed on volume that increased overnight. The US CPI print indicated that inflation calmed down slightly fr...
Conflux token jumps over 40% following partnership with China Telecom
Conflux Network partnered with China Telecom, the country’s second-largest telecom provider, to develop blockchain-enabled SIM cards. Its native CFX token soared on the news. The telecom...
Retail sales January 2023:
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared to expectations for a ri...
Ludovic Moncla joins VT Markets
VT Markets has a stronghold in the industry, with a lot of credit going to its affiliate program. Sure, it needs someone with a big enough name to take care of the reputation, and it looks like VT Mar...
Stocks making the biggest moves premarket: KHC, PARA, ABNB
Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell. Devon Energy — Shares fell 6.4% after the energy company reported fourth-quarter earnings and reven...
Stocks Pare Retreat With Rates, Earnings in Focus: Markets Wrap
(Bloomberg) — European stocks steadied and Wall Street equity futures pared their losses as investors weighed how the latest inflation data from the US and the UK will affect the outlook for int...
Convex Finance Price Slips Under $6.5 As Markets Await Inflation Data
Join Our Telegram channel to stay up to date on breaking news coverage The Convex Finance price appears to be losing its bullish momentum in tandem with the downward action across the board. CVX price...
Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of g...
China’s economic recovery is off to a slow start
Wuhan’s GDP grew by 4% in 2022, better than the country overall. Pictured here on Jan. 20, 2023, is the city’s skyline along the Yangtze River. Hector Retamal | Afp | Getty Images BEIJING ...
Stocks moving big midday: PLTR, NVDA, CAR
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...
Stocks were steady even as U.S. inflation rose
U.S. egg prices jumped by two to three times in January. Fatih Aktas | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC ...
Stocks moving big after hours: ABNB, TRIP, DVN
The TripAdvisor homepage Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Airbnb — Shares of Airbnb jumped 10% after the company released fourth-qu...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, r...
Coca-Cola (KO) Q4 earnings
Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher prices for its drinks. But those higher prices have hurt demand for Coke products like Simply O...
Ford’s EV blunder reinforces decision to drop stock if no progress
Ford Motor (F)’s decision to halt production and shipments of its electric pickup truck further undermines our confidence in the automaker. We have little patience left for more missteps and are...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...