Text size Fed Chair Jerome Powell will host a press conference at 2:30 p.m. Eastern. Graeme Jennings / POOL/AFP via Getty Images Stocks were moving higher Wednesday as markets readied for a long-await...
Tag: Markets
Bitcoin Surpasses $40K Following Massive Volatility, Markets Add $80B Overnight (Market Watch)
Bitcoin reminded of its enhanced price fluctuations with a roller-coaster movement but has since reclaimed $40,000. Most altcoins are well in the green on a daily scale, with Ethereum charging towards...
China says it will support Chinese IPOs abroad, calls for closure on tech crackdown
Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters BEIJING — Chi...
Stocks Surge as China Vow Revives Risk Appetite: Markets Wrap
(Bloomberg) — Stocks surged Wednesday and U.S. and European equity futures rose after China unveiled a more market-friendly policy stance, boosting investor sentiment amid the uncertainty caused...
CMC Markets Kicks Off Share Buyback, Spends £30K on the First Day
CMC Markets (LON: CMCX), a major London-listed brokerage firm, has begun to repurchase its shares under its recently launched buyback program. The company purchased 119,000 ordinary shares on Monday, ...
CryptoUK Issues Response to EU Vote on Markets In Crypto Assets Bill
CryptoUK, an independent crypto industry association aimed at forming a cohesive voice for the UK’s cryptoasset sector, has issued a formal response regarding the European Parliament’s rec...
How the stock market ‘fear index’ works
The volatility index, also known as the VIX, essentially takes a reading of the stock market’s blood pressure, measuring investors’ fear. The VIX can spike when investor concerns are heigh...
Cyber crime up as hackers use Ukraine war as distraction
Online hackers have been more active since Russian forces invaded neighboring Ukraine in late February, CrowdStrike CEO George Kurtz told CNBC’s Jim Cramer on Tuesday. In an interview on “...
Inflation Is a Problem. Today’s PPI Just Confirms It.
Text size Costs for the companies that produce goods have gone up, too. STEFANI REYNOLDS/AFP via Getty Images February’s producer-price index is out, but we didn’t need to wait for it to know that the...
Bausch Health is a buy
SoFi Technologies Inc: “[CEO] Anthony Noto is not a loser, he is a winner and he will get this thing going. It is very low at $8 and yet I like it.” Zim Integrated Shipping: “It̵...
Cramer says the stock market is unusually fragile, use rallies to raise cash
Jim Cramer advised investors on Tuesday to use rallies as an opportunity to sell and better handle volatility in the currently tumultuous market. “When things look really horrible and we’v...
Charts suggest the S&P 500 is poised for a short-term bounce
Technical analyst Carolyn Boroden thinks the S&P 500 may soon see a short-term rally, CNBC’s Jim Cramer said Tuesday. “The charts, as interpreted by Carolyn Boroden, suggest that the S...
Democrats urge Biden to restart climate negotiations in stalled plan
U.S. President Joe Biden speaks during an event at Germanna Community College February 10, 2022 in Culpeper. Virginia. Win McNamee | Getty Images More than 80 House Democrats this week called on Presi...
U.S. stock futures are flat ahead of Wednesday’s Fed meeting
Stock futures were flat in overnight trading after the major indexes rallied and oil prices tumbled below $100 a barrel ahead of Wednesday’s Federal Reserve meeting. Futures on the Dow Jones Ind...
Analyst Benjamin Cowen Says Bitcoin and Crypto Markets Primed To Rally Higher Despite Short-Term Volatility
A popular crypto analyst is taking a macro look at Bitcoin (BTC) to get a clearer picture of where the leading crypto asset is heading after several months of volatility. In a new strategy session, Be...
Astra stock ASTR swings: LV0009 rocket reaches orbit
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight Rocket builder Astra returned to flight with a successful orbital ...
Hycroft stock saw spikes in price, trading volume ahead of AMC deal
View of the huge Gold and Silver Allied Nevada-Hycroft Mine near Sulphur in Black Rock Desert, Nevada, near the small towns of Sulphur and Gerlach. Federica Grassi | Moment | Getty Images Hycroft Mini...
Airlines, Coupa Software, GitLab and more
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and So...
Airlines bet surge in travel will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered...
American Airlines, Starbucks, Peloton and more
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...
Widespread risk aversion in crypto markets
A recent report by Prime XBT reveals that the current trading opportunities in the crypto markets are very limited, due to the widespread risk aversion caused by the conflict between Russia and Ukrain...
Oil drops again, now more than 27% below recent high
Oil rigs work on platforms in Gaoyu Lake in Gaoyou in east China’s Jiangsu province Friday, Sept. 17, 2021. Barcroft Media | Getty Images Oil registered heavy losses Tuesday, building on Monday&...
Bitcoin fails to crack $39K on Wall Street open as markets await Fed inflation decision
Bitcoin (BTC) began to show fresh volatility as Wall Street trading began on March 15, ahead of a crucial interest rate announcement from the United States Federal Reserve. BTC/USD 1-hour candle chart...
AMC buys stake in Nevada gold miner Hycroft Mining
Adam Aron, AMC Entertainment president and CEO. David Orrell | CNBC Movie theater chain AMC Entertainment has agreed to purchase a major stake in a Nevada gold and silver miner, the companies announce...
Forecasters sees growing chance of a recession as Fed hikes rates this year to fight inflation
US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary Policy Report to the Congress,” in Washington, DC, on March ...
Dongguan factory center locks down
Aerial view of people queuing up for COVID-19 nucleic acid testing on February 26, 2022, in Dongguan, Guangdong province. Vcg | Visual China Group | Getty Images BEIJING — China’s worst Covid-19...
CMC Markets Launches £30 Million Share Buyback Program
CMC Markets (LON: CMCX) has launched its share buyback program on Tuesday with an allocation of £30 million, the London-headquartered broker announced. This step has been taken for reducing the share ...
Oil Prices Tumble Below $100 and Keep Falling. Here’s Why.
Text size U.S. oil prices fell more than 6% early Tuesday, to below $97 a barrel. Spencer Platt/Getty Images Oil prices extended their slump on Tuesday as West Texas Intermediate crude futures fell be...