A Ralph Lauren store in downtown Philadelphia, PA. Fred Imbert | CNBC Check out the companies making headlines before the bell. Norfolk Southern — Shares slid more than 3% following reports that the E...
Tag: Markets
Binance’s BNB drops 6% on latest US regulatory moves; bitcoin off lows but still down
Cryptocurrency prices were once again driven lower by regulatory developments, with Paxos and the New York Department of Financial Services going toe to toe and Binance suffering the consequences. &#...
Chinese EV brand Zeekr is now worth more than Xpeng
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images BEIJING — Geely-backed electric car brand...
Bakkt exits consumer business to focus on B2B as regulators crack down
Bakkt is nixing its consumer app to focus on its business-to-business technology solutions. Bakkt, which offers a platform for commerce to link to cryptocurrency, said it will continue its core ...
Blackstone’s Big New Idea Leaves It Bruised
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Asian Equities Tumble After Wall Street Slump: Markets Wrap
(Bloomberg) — Shares in Asia declined after Wall Street saw the worst week for stocks and bonds this year as traders increased interest rate expectations ahead of crucial US inflation data due T...
We’re in Next Bull Market Cycle – Markets and Prices Bitcoin News
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-te...
The Devaluation Run in Emerging Markets Is Just Getting Started
(Bloomberg) — A fresh round of IMF bailouts is underway, and some of the world’s most indebted nations will have to sacrifice their currencies to get them. Most Read from Bloomberg The year has ...
Here’s How Darknet Markets Scrambled for Users After Hydra’s Collapse: Report
Blockchain analytics firm Chainalysis has published a new report detailing the dynamics of darknet markets and fraud shops after the former giant Hydra Market collapsed due to joint actions from autho...
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
Stock Market Has Worst Week of 2023. No News Is Bad News.
It’s the middle of February, and the stock market finally seems caught in the winter doldrums. There may be more gray days ahead. Even the most optimistic investors will admit that January’s blisterin...
Credit Markets Are Poised for a Gut Check After 10% Rally
(Bloomberg) — After rallying for the past three months, the mood is starting to shift in global credit markets. Most Read from Bloomberg Despite a selloff during the past week, a Bloomberg index...
Rich Dad Poor Dad’s Robert Kiyosaki Warns ‘Everything Will Crash’ — Plans to Buy More Bitcoin – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,” including gold, silver, and bitcoin. However, he sees crashes as buying opportun...
Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Price Lingers Below $21.9K
Ether, the second-largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part o...
Bitcoin, ether are flat after days of declines
Both bitcoin and ether were flat on Saturday in a calm start to the weekend after several days of declines. The two cryptocurrencies fell over the past week amid the U.S. Securities and Exchange Commi...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the m...
Why the stock market’s ‘FOMO’ rally stalled out and what will decide its fate
A torrid, tech-led stock-market rally stalled out this past week as investors began to come around to what the Federal Reserve has been telling them. Bulls, however, see room for stocks to continue th...
Three takeaways from a busy week in markets: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Saturday, February 11, 2023 Today’s newslett...
Big Oil’s Big Paradox: Record Profits, Low Stock Valuations
Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel unappreciated. “We’re grossly undervalued,” says ...
Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’
“Schwab cash solutions fall under two categories,” says the company’s website. They sure do. Here are some questions that can help determine which is right for you: Do you like money? Do you prefer go...
There are plenty of high-quality stocks to buy
CNBC’s Jim Cramer on Friday told investors that they should watch for stocks to add as earnings season winds down. “There’s plenty to buy, as long as you buy companies that are makin...
Staking revenues under threat as Coinbase shares tumble 22%
U.S. regulators set their sights on crypto-staking services this week, and Coinbase shares tumbled 22%. Shares in the exchange began to trade lower following comments from CEO Brian Armstrong, w...
The Stock Market Is Dropping Again. This Is What’s Happening.
The stock market is losing steam all of a sudden, probably because investors had just gotten too aggressive in their assumptions about a recovery in the economy and profits in 2024. The market has be...
Only 13 companies have issued upbeat profit forecasts for Q1, but earnings are due from this pessimism-resistant industry
A tough fourth quarter for corporate earnings is largely in the past, and the first quarter isn’t exactly looking great either, but upcoming results this week from the one industry spared by the pande...