– Advertisement – Bitcoin slumps below $40,000 again. The cryptocurrency market was dealt a major blow in the early hours of today after prices of all digital currencies slumped. Aside ...
Tag: Markets
Twitter, Sirius XM, Nektar Therapeutics and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to...
CySEC Withdrew Licenses of ED&F MAN Capital Markets, RMG Holding
The Cyprus Securities and Exchange Commission (CySEC) announced on Monday the withdrawal of licenses of two companies: one is ED&F MAN Capital Markets CEEMA Ltd and another is RMG Holding Ltd. Tak...
Shanghai reports first Covid deaths since start of latest lockdowns
Shanghai, China’s largest city and the one hit hardest by the latest Covid outbreak, announced another round of mass virus testing that’s set to end Thursday, April 21. Str | Afp | Getty I...
IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
Q1 GDP beats expectations to grow 4.8% YOY
A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid ou...
Standard Chartered Plans to Exit 5 African Markets
British multinational banking and financial services provider, Standard Chartered recently announced that it is planning to exit 7 markets in Africa and the Middle East region. The markets include 5 c...
Crypto Markets Lost $80 Billion in a Day as Bitcoin Dumps Below $40K (Market Watch)
After a few days of consolidating above the $40,000 mark, bitcoin slipped below that level to a new monthly low. The altcoins are also deep in the red today, with ETH dumping beneath $3,000 and even m...
Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.
Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
U.S. Futures Dip as Oil, Gas Rise; China Data Loom: Markets Wrap
(Bloomberg) — Asian stocks look set for a muted open Monday before Chinese economic data that may shed light on the impact of Covid lockdowns. Natural gas and oil prices rose on risks stemming f...
U.S. Stocks Poised for a Lower Open on Monday
U.S. stock markets are poised for a subdued open on Monday. Michael Nagle/Bloomberg Text size U.S. stocks are set for a lower open on Monday. On Sunday night, Dow Jones Industrial Average futures fell...
FTX US Chief Brett Harrison Says This Is Critical for the Advancement of Crypto Markets
FTX.US president Brett Harrison says the expansion of trading products will be crucial for the development of crypto asset markets. In a lengthy thread, FTX.US chief Brett Harrison tells his 42,000 Tw...
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the larges...
If You Learn One Indicator, Make It This One
One of the quiet, but growing, problems in the stock market is the outsized influence held by a handful of companies. Just six firms, the FAANGs and Microsoft, make up between 20 percent and 25 percen...
Peloton Is Raising Its Subscription Price. What It Means for the Stock.
Text size Peloton XXX Ezra Shaw/Getty Images For years, Peloton Interactive executives characterized the company’s $39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose...
Tesla, AT&T, Netflix, Bank of America, IBM, and Other Stocks to Watch This Week
Text size First-quarter earnings season picks up next week, with 67 S&P 500 companies scheduled to report. Bank of America will be Monday’s highlight, followed by Netflix , Johnson & Johnson ...
Larry Summers Says a Recession is Likely on the Way
With inflation roaring, bond yields jumping and the Federal Reserve seemingly poised to impose big interest rate increases, fear of recession is rising. Consumer prices surged 8.5% in the 12 months th...
These money and investing tips are what you need when markets aren’t giving what you want
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Americans of all ages are fail...
Utility Stocks Are Hot Right Now. Here’s Why.
Text size A Dominion Energy solar-power facility in Selmer, Tenn. Daniel Acker/Bloomberg Higher bond yields are roiling the stock market. Utility shares have benefited—and it doesn’t look like their r...
Tesla Could Reopen Its Shanghai Factory Next Week: Report
Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...
Shanghai by the numbers: China’s Covid lockdowns
The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east. Johannes Eisele | Afp | Getty Images China’s latest wa...
Commodities Are Hot Right Now. But the Party May Be Over.
Text size Prices for industrial commodities such as copper wire have taken off. Dreamstime Investors have piled into commodities, sending their prices soaring, but the good times may be more or less o...
Selling Your Stocks in May and Go Away Could Be the Best Strategy This Year
Text size A trader at the New York Stock Exchange. Michael M. Santiago/Getty Images This could be the year to follow the adage: Sell in May and go away. It was a pretty lousy holiday-shortened week. T...
Argentinians Are Now Using P2P Markets to Multiply Their Savings – Bitcoin News
Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argen...
US Is At The Back Of Developed Crypto Markets: Ripple CEO
Ripple’s battle against the case from Securities and Exchange Commission has been successful this far, said CEO Brad Garlinghouse. The Securities and Exchange Commission asserted that Ripple organized...
Little-Known Ethereum Rival Surges 49% in One Week As Bitcoin and Crypto Markets Correct
One low-cap Ethereum-rival altcoin is moving in the opposite direction of most of the crypto market, partially on the news of a major celebrity partnership. While numerous crypto assets saw declining ...