Top US crypto exchange Coinbase is launching full retail support for a quartet of low-cap altcoins. Aioz Network (AIOZ), Golem (GLM), Highstreet (HIGH) and Synapse (SYN) are now live on Coinbase.com a...
Tag: Markets
Pimco faces potential losses over exposure to more than $1 billion in Russian debt
PIMCO headquarters in Newport Beach, California Scott Mlyn | CNBC Pimco’s billion-dollar exposure to Russian debt came under pressure as the country, which invaded its neighbor Ukraine causing i...
Amazon, CrowdStrike, Micron and more
A worker sits on a wall dividing an informal settlement from the new Amazon fulfillment center, which is under construction at RMSG Alamar Industrial Park, in Tijuana, Mexico September 7, 2021. Jorge ...
Cboe Global Markets Restructures Its Leadership Team for Next Growth Phase
Cboe Global Markets Inc. (Cboe: CBOE) announced that it has restructured its leadership team for its next developmental stage of growth. Recently announced in a press release shared with Finance Magna...
If It Looks Like A Crash And Acts Like A Crash, It’s A Crash
Nasdaq market site, NYC getty The playwright Ibsen coined a phrase that morphed into “a picture paints a thousand words.” So here is a thousand words in one picture: The Nasdaq: up like a rocket, down...
Crypto Prices Fall Lower as Markets Continue to Digest Biden’s Executive Order – Market Updates Bitcoin News
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, wi...
Goldman Sachs leaves Russia due to Ukraine invasion
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs says it is exiting Russia, becoming one of the first major global investment banks t...
Crypto markets lose $100 billion as Biden signs executive order on digital assets
A buy the rumor, sell the news event is in full swing today as the price of Bitcoin fell 8% in five hours following Biden’s signing of an executive order on crypto assets. The markets reacted positive...
Amazon, Boeing, CrowdStrike and others
Check out the companies making headlines before the bell: Amazon.com (AMZN) – Amazon jumped 5.3% in the premarket after it announced a 20-for-1 stock split and a $10 billion share buyback program. The...
CPI inflation February 2022:
Customers shop at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ye...
Crypto Regulations Rock the Markets, Waves and Stellar Resist
The article discusses the upcoming US and EU cryptocurrency regulations, Travel Rule ,Bitcoin, Monero and Waves. The scenario of sanctioning cryptocurrencies in Russia is also discussed. Q4 2021 volum...
JD.com Stock Falls After Earnings Top Estimates but Revenue Growth Slows
Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell in premarket trading Thursday after the Chinese e-commerce giant reported fourth-quarter earnin...
Tesla’s China Sales Dropped. Tesla Stock Rose Anyway.
Text size Tesla delivered 56,515 vehicles from its Chinese plant in February. Sam Yeh /AFP via Getty Images Tesla sales from its plant in Shanghai fell in February from January, following the pattern ...
Should You Buy the Grayscale Bitcoin Trust Fund? It’s on Sale—and That Could Be a Trap.
In closed-end funds, anything trading around 70 cents on the dollar might seem too good to pass up. Investors can get that kind of bargain now in the Grayscale Bitcoin Trust . But this may be a case w...
Amazon Stock Soars After 20-For-1 Split $10 Billion Share Buyback
Updated at 5:14 pm EST Amazon (AMZN) – Get Amazon.com, Inc. Report shares surged in after-hours trading Wednesday after the world’s biggest online retailer approved a 20-for-1 stock split...
One Ethereum Competitor Is Set To Dramatically Outperform Bitcoin and Altcoin Markets, According to Popular Crypto Trader
A closely followed crypto analyst is telling traders to think twice about trying to short sell one red-hot Ethereum competitor. The pseudonymous analyst known as Altcoin Sherpa tells his 169,000 follo...
Stock futures are little changed after S&P 500’s best one-day rally since 2020
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled. Fu...
Amazon, CrowdStrike, Asana and more
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines after the bell: Amazon — Shares rose 6....
Hedge Funds Finding Crypto Markets Increasingly Tradable as New Asset Class
Some of the world’s largest hedge funds are increasing their investments in cryptocurrencies, as they find more profitable ways to trade the market. Billionaires hedge fund veterans Alan Howard, of Br...
Despite Ukraine, Markets Still See Aggressive Fed Action This Year
Jerome Powell, chairman of the U.S. Federal Reserve, smiles during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
Biden restores California ability to set its own auto pollution rules
Cars make their way toward downtown L.A. during the morning commute on April 22, 2021 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is restoring California’s aut...
Trader Who Accurately Predicted Massive Bitcoin Crash Issues Alert As Crypto Markets Pop
A veteran trader who burst on the crypto scene after accurately calling Bitcoin’s 2018 collapse is updating his outlook on the top cryptocurrency. Peter Brandt believes BTC appears to be forming an op...
Amazon, Netflix, Bumble and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday tradi...
Stitch Fix stock hits all-time low as future growth in doubt
The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloombe...
Here’s what’s in Biden’s executive order on crypto
US President Joe Biden, with Treasury Secretary Janet Yellen, speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3, 2022. Jim Watson | AFP | Getty Images U.S. Pres...
Campbell Soup, Express, Thor Industries and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer matched estimates with adjusted quarterly earnings of 69 cents per share, and revenue essentially in l...
Investing app Acorns taps ‘choppy’ private markets at $1.9 billion valuation after scrapping SPAC
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings ...
Rivian Earnings Are Coming. Wall Street Is Cutting Price Targets in Preparation.
Text size The average analyst target price for Rivian is down to about $116 a share from $133 over the past month. Courtesy Rivian Electric truck maker Rivian Automotive reports fourth-quarter numbers...