(Bloomberg) — Russia’s invasion of Ukraine could devastate global grain markets so deeply that it’s likely to be the biggest supply shock in living memory. Most Read from Bloomberg That’s accord...
Tag: Markets
Norwegian Cruise Line is a buy
Norwegian Cruise Line: “One of the worst performers in the market, with one of the best CEOs. I still believe. I think at $20, with everything starting to open around the world, it is a [buy]....
Projecting revenue is challenging, so we prefer to give conservative guidance
Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertai...
Market has several positives that could spark sustained rally
There are signs of relief for stocks that could individually, or together, result in a sustained rally, CNBC’s Jim Cramer said Wednesday, as Russia’s invasion of Ukraine and soaring inflat...
Stock futures inch lower as Russia-Ukraine tensions weigh
U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contra...
Real Vision Bot Known for Outperforming Crypto Markets Reveals Altcoin Holdings Centered on Ethereum Rivals and Gaming Projects
A robot that’s built a reputation by outperforming the markets just unveiled its latest crypto portfolio allocations. The Real Vision Bot compiles surveys to create algorithmic portfolio assessments o...
The Potential Of Blockchain in Equity Markets
Advancements in blockchain technology have made their way into the equity markets. Today, many countries are looking to dematerialize, transitioning from paper securities to on-chain tokenized securit...
Crypto Markets Jump After Sentiment Drops to Lowest Level in Over a Year: Analytics Firm Santiment
A leading crypto analytics firm says the crypto markets bounced back this week just after trader sentiment plummeted. In a new blog post, Santiment notes that the social sentiment of Bitcoin (BTC) thi...
Victoria’s Secret (VSCO) reports Q4 2021 earnings; issues weak outlook; cites Ukraine
Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret seesawed in after-hour hours trading Wednesday after the l...
Salesforce, Ford, Nordstrom and more
Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstr...
Watch Jerome Powell 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 addresses the U.S. House Committee on Finan...
Russia Roscosmos refusing to launch OneWeb satellites: Ukraine crisis
A Soyuz 2 rocket launches 36 OneWeb satellites on March 25, 2020 from Vostochny Cosmodrome, Russia. Roscosmos The corporate internet space race has taken a geopolitical turn. Russian space agency Rosc...
Wheat prices trade ‘limit up’ again, hit highest in nearly 14 years
A summer wheat harvest in Chernihiv, Ukraine, on Thursday, Aug. 10, 2017. Vincent Mundy | Bloomberg | Getty Images Wheat futures reached new multiyear highs Wednesday, as war between major exporters R...
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty Federa...
ADP February 2022:
Signage at a Job News USA career fair in Louisville, Kentucky, June 23, 2021. Luke Sharrett | Bloomberg | Getty Images Private job creation rose at a faster-than-expected clip in February, according t...
Nordstrom shares soar as it makes progress but still has ways to go
Nordstrom signage outside one of the company’s full-line department stores. Tim Boyle | Getty Images News | Getty Images Nordstrom shares are soaring after the department store chain offered up ...
Bitcoin Decouples From Traditional Markets Amid Russia-Ukraine Conflict
The leading cryptocurrency, Bitcoin, has enjoyed a 15% rise over the past week. Conversely, traditional markets in the S&P 500 and the Nasdaq have not fared nearly as well. The split in price per...
CMC Markets Plans to Launch £30M Share Buyback Program
London-headquartered CMC Markets (LON: CMCX) announced on Wednesday that it is intending to launch a share buyback program. It plans for allocating £30 million for the program, but the decision is now...
Here’s how Chinese media is covering Ukraine
The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Ru...
Deutsche Börse’s Cash Markets Generate €205.4 Billion in Turnover during February
Deutsche Börse Group recently published its metrics for February 2022 and witnessed a substantial jump in the overall turnover in cash markets. In the recent month, Deutsche Börse’s cash markets saw a...
Crypto Index Tracker – Crypto Markets Surge on Ruble Collapse
HodlX Guest Post Submit Your Post The start of the week has seen crypto markets surge as the ruble plunged upon news of the US and allies imposing stricter sanctions. This suggests the apparent inc...
Coterra CEO says it was an easy decision to start buyback, and the energy firm can sustain it
Coterra Energy CEO Thomas Jorden told CNBC’s Jim Cramer on Tuesday the oil and gas firm is confident in its decision to start buying back stock. Houston-based Coterra — the result of Cabot Oil &...
The Stock Market Has Gotten Crushed. Why the Pain Isn’t Over.
Text size The Fed and Ukraine crisis are two negative catalysts for stocks going forward. Dreamstime The S&P 500 is down about 9% from its all-time high, hit in early January. And the pain might n...
Stablecoin Supply Going Strong As Crypto Markets Recuperate ⋆ ZyCrypto
Advertisement     The long-time held belief that stablecoins help traders and investors avoid crypto value loss due to volatility may be playing out. Many more people ...
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Gr...
Salesforce co-CEO Marc Benioff touts strong sales guidance, says ‘$30 billions are now ahead of us’
Salesforce co-CEO Marc Benioff on Tuesday broke down the enterprise software giant’s latest financial results, telling CNBC’s Jim Cramer it was “maybe the best quarter we’ve ev...
Artemis missions, SLS rocket billions over budget
The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA To the moon, indeed. NASA’s auditor didn’t mince words when he told lawmakers Tuesday that the space agency̵...
Cramer’s lightning round: Rent-A-Center is a sell
Rent-A-Center Inc: “It’s just a terrible quarter. It’s at $27 [a share]. I would still sell it. I wish I could be more positive, but it was a very bad quarter.” NIO Inc: “...