Consumers check out Huawei’s first HarmonyOS car, the Aito M5, at a store in Hangzhou, Zhejiang Province, on Jan. 3, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — The firs...
Tag: Markets
Russian investment expert drinks to ‘death’ of markets, says he’ll go back to being a Santa Claus
The founder of a leading algorithmic fund in Russia pulled out a bottle, drank to the “death” of the country’s stock market and said he planned to pivot to a career as a dress-up Santa Claus during a ...
‘It’s Very Bullish for Bitcoin’ – Markets and Prices Bitcoin News
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are con...
Block CFO says customers repay almost all buy now, pay later loans
Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, p...
Stocks Sink Amid Fire at Ukraine Nuclear Plant: Markets Wrap
(Bloomberg) — Stocks and equity futures sank Friday and havens including sovereign bonds jumped on reports that a major nuclear power plant is on fire in Ukraine after shelling by Russian troops...
The ‘safest of safety stocks’
CNBC’s Jim Cramer on Thursday advised investors to consider Procter & Gamble as a potential buy to weather the turbulent market. “I’ve been telling you to stick with the market e...
Jim Cramer warns investors still betting on high-growth tech stocks
CNBC’s Jim Cramer on Thursday cautioned investors that buying the dip on high-growth tech stocks is a losing strategy in today’s turbulent market. “The era of beat and raise and buy ...
Bill Gross sees possibility of stagflation, says he wouldn’t be a buyer of stocks here
Billionaire investor Bill Gross listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. Lucy Nicholson | Reuters Bill Gross, the one-time so-called bond ...
Stocks making the biggest moves after hours: Gap, Broadcom and more
Here are the stocks making notable moves in extended trading. Broadcom — The chip stock rose more than 3% in extended trading on Thursday after Broadcom beat estimates on the top and bottom lines for ...
February jobs report expected to show strong labor market continuing with solid wage gains
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy...
Best Buy, BJ’s, Snowflake and more
Take a look at some of the biggest movers in the premarket: Best Buy — Shares of the retailer climbed 5% in premarket trading after the company announced it was raising its quarterly dividend by 26%. ...
Sweetgreen (SG) Q4 2021 earnings
A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong sales growth for its fourth quarter in its first report since its initial pu...
Here’s Why Altcoin Markets Could See a ‘Spring Up’ This May, According to Crypto Analyst Nicholas Merten
A top crypto analyst is predicting that the overall altcoin market share against Bitcoin (BTC) will surge in the coming months. In a new video, Nicholas Merten tells his 511,000 YouTube subscribers th...
Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes
War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday. The attack from Russia has pushed commodity price...
Are The Crypto Markets Heading Towards Another 25% Crash By Mid-March?
The crypto fraternity is experiencing a minor pullback in its momentum. As the industry’s market capitalization sees a fall below its $2 Trillion thresholds. Successively, the precise numbers of th...
Best Buy, Kroger, Burlington and more
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in ...
Russia oil disruption would spur ‘significantly’ higher prices
Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC U.S. oil surged to the highest level since 2008 on Thursday, and Exxon CEO Darren Woods said prices could be heading much higher. ̶...
Tech private equity investor Orlando Bravo says the mantra of ‘growth at all costs’ is over
(Click here to subscribe to the Delivering Alpha newsletter.) Software has been one of the worst-performing sectors this year amid a rising rate environment and geopolitical tensions overseas. This c...
Fed Hikes Could Drive Bitcoin Adoption in Emerging Markets
The Fed tightening is a major risk, particularly for currencies of EMs running current account deficits. The deficit occurs when a country sends more money abroad than it receives, leaving the domesti...
Watch Federal Reserve Chair Powell speak live
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
Tradeweb Markets Posts 10.7% YoY Jump in February ADV
Tradeweb Markets (Nasdaq: TW), the operator of electronic marketplaces for rates, credit, equities and money markets, on Thursday published its trading metrics for February, reporting the average dail...
Tesla Finally Gets German Plant Approval. The Stock Is Falling.
Text size In this aerial view, the new Tesla Giga factory stands near Gruenheide just outside Berlin. Sean Gallup/Getty Images Tesla investors woke to a bit of good news Thursday but the stock isn’t h...
3 Biggest Mistakes Investors Make In Volatile Markets
Navigating a downturn in the financial markets is as much about what you don’t do as it is what you … [+] do. getty Investing through market volatility can be challenging. Should you go to...
Best Buy Stock: Earnings Reveal Tough Christmas Quarter. Company Raises Dividend.
Text size Best Buy is contending with short-term headwinds, but the electronics retailer is expecting business to pick up by fiscal 2025. Scott Olson/Getty Images Best Buy stock rose Thursday despite ...
CMC Markets Allocates $30 Million to Buy Back Company’s Shares
CMC Markets, one of the longest-standing financial brokers from London, considers repurchasing the excess shares from the market to boost revenue for the future. According to the announcement on the 2...
Cramer’s Mad Money Recap 3/2: Snowflake, Ford, Tesla
We don’t need everything to go right for the stock market to rally, Jim Cramer told his Mad Money viewers Wednesday. If just one or two things turn in our favor, stocks could react like a coiled...