Paramilitary police officers conduct a search at the site of a China Eastern Airlines plane crash in March 2022 in Tengxian county, Wuzhou city, in China’s southern Guangxi region. AFP | Getty I...
Tag: Markets
CMC Markets Has Recruited Nicola Greenwood as Its Custody Manager
CMC Markets has recruited Nicola Greenwood as its Custody Manager, effective from March 2022. Finance Magnates recently learned from the LinkedIn profile of Nicola Greenwood, an operations manager wit...
Venus Protocol Announces Launch of LUNA and UST Markets – crypto.news
On Tuesday, March 22nd, Venus Protocol announced the launch of the LUNA and UST markets. This announcement follows a recent governance decision by the Venus protocol community. While these markets are...
No survivors found; search for black box continues
Rescuers head to the site of a plane crash in Tengxian county, Wuzhou city, in China’s southern Guangxi region on March 22, 2022. Str | Afp | Getty Images BEIJING — Rescue workers haven’t ...
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
Lemonade, a top American insurance company, has revealed the formation of the Lemonade Crypto Climate Coalition meant to offer blockchain-enabled climate insurance to the most vulnerable farmers acros...
Charts suggest corn and wheat futures could continue to rise due to Russia-Ukraine war, Cramer says
CNBC’s Jim Cramer on Tuesday said corn and wheat prices could continue to rise due to Russia’s invasion of Ukraine, leaning on analysis from Carley Garner, senior commodity market strategi...
Ryan Cohen scoops up 100,000 more shares of GameStop
NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries...
Investors should watch for these five agriculture stocks, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of five agriculture stocks he believes investors should consider purchasing. The Russia-Ukraine war has caused agriculture to rally significantly, and...
Fed Chair Powell hinted at a mega–rate hike. The markets are banking on more than one
With inflation and growth concerns swirling over the markets, Jerome Powell dropped a tantalizing clue on Monday about how the Federal Reserve will approach its next rate-setting meeting in May. To ha...
‘Bow down to the Fed’ and beware of false market optimism
CNBC’s Jim Cramer on Tuesday warned investors against buying unprofitable stocks due to unwarranted optimism about the stock market. “While I appreciate hope as a mindset, I’m not as...
History Shows Investors Who Buy During Bear Markets Will Likely See Huge Gains
Topline Stocks have been flirting with correction territory in recent months–and though the tech-heavy Nasdaq Composite dipped into a bear market last week, historical data shows that investors ...
Elon Musk’s SpaceX sent thousands of Starlink satellite dishes to Ukraine, exec says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink sat...
Carl Icahn says there ‘very well could be a recession or even worse’
Famed investor Carl Icahn said Tuesday an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market. “I think there very well could be a rec...
Crypto Wallet’s Native Token Explodes Over 150% in Less Than a Week As Altcoin Markets Bounce
An altcoin that powers one of the most popular crypto wallets is soaring amid a general uptrend in the markets. Trust Wallet, which is owned by the giant cryptocurrency exchange Binance, enables users...
Crypto investor Katie Haun raises $1.5 billion for Haun Ventures
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest deb...
The All-Electric Cadillac Lyriq Is Here. What It Means for GM Stock.
The Lyriq has 300 miles of driving range, via a 100-kilowatt-hour battery. Cadillac photo Text size General Motors began retail production of its all-electric luxury crossover vehicle, the Cadillac Ly...
Elon Musk Hails ‘Great Day’ As Tesla Delivers Maiden Berlin-Made EV
Updated at 11:27 am EST Tesla (TSLA) – Get Tesla Inc Report shares extended their longest winning streak since last November Tuesday as the carmaker delivered the first-ever Model Y sedan made ...
Rocket builder Firefly resuming launch operations, raises $75 million
The company’s inaugural Alpha rocket launches from Vandenberg Space Force Base in California on Sept. 2, 2021. Firefly Aerospace WASHINGTON – Firefly Aerospace aims to make its second attempt to...
Crypto markets surge as Terraform Labs prepares to buy BTC | Trading Ideas| OKX Academy
Majors and altcoins alike see continued strength after breaking through key levels. The total cryptocurrency market is up nearly 4% today. BTC gained around 4%, while ETH is up 2%. Meanwhile, altcoin...
Bitdeer and BitFuFu to Test US Stock Market’s Crypto Mining Appetite
Both Bitdeer and BitFuFu could be seen as “fully valued” compared to current publicly listed miners because of their “incredible” growth rate, superior profit margins and tight relationships with mini...
State Street Has Named Jesse Cole as Its Global Head of Private Markets
State Street Corporation (NYSE: STT) announced that it has named Jesse Cole as its Global Head of Private Markets. Recently shared in a press release with Finance Magnates, Jesse Cole, an executive ve...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Will AI Power The Next Era Of Financial Markets
Artificial Intelligence (AI) has become one of the most used emerging technologies in improving the efficiency of modern-day systems. This nascent technological field dates its origins to the 1950s fo...
Okta Stock Tumbles Amid Breach Investigation As Cyber Risks Mount
Updated at 10:51 am EST Okta Inc. (OKTA) – Get Okta, Inc. Class A Report shares slumped lower Tuesday after the tech group, which manages network access for thousands of U.S. companies, began i...
Boeing Stock: What Wall Street Is Saying After the China Plane Crash
Text size The Boeing logo Scott Olson/Getty Images A China Eastern Airlines 737-800 tragically crashed Monday, sending shares of Boeing lower. Wall Street is hopeful that Monday’s crash wasn’t a MAX-l...
Nike, Okta, Alibaba and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped ...
Asian Markets Increase Selling Pressure on Bitcoin
Despite a marginal price recovery, Asian markets are not ready to buy Bitcoin and other digital currencies. In fact, most of the markets in the Asian region had dominated the selling of Bitcoin in the...
BlackBerry Valuation Makes It More Attractive. The Stock Receives an Upgrade.
Text size A logo stands on display outside the BlackBerry headquarters. Chris Ratcliffe/Bloomberg Shares of BlackBerry received a boost on Monday after analysts at RBC Capital Markets upgraded the sto...