Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, wit...
Tag: Markets
Ford Takes More Capacity Offline Because of Trucker Blockade in Canada
Text size Demonstrators against Covid-19 vaccine mandates block the roadway at the Ambassador Bridge border crossing, in Windsor, Ontario, Canada on Feb. 9. Geoff Robins / AFP via Getty Images Ford Mo...
Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030 – Markets and Prices Bitcoin News
A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030. Fintech Specia...
Watch Elon Musk give an update on SpaceX’s massive Starship rocket
Note: SpaceX is producing the webcast for this event. [The livestream is slated to begin at 9 p.m. ET. Please refresh the page if the web player above is not visible.] SpaceX CEO Elon Musk is giving a...
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead – Markets and Prices Bitcoin News
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going for...
Zillow, Expedia, Cloudflare and more
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the be...
Stock futures are flat following a steep sell-off spurred by hot inflation
Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in fou...
Astra stock drops 26% after NASA mission fails mid-launch
Shares of rocket builder Astra fell sharply Thursday, after the company’s latest mission failed to reach orbit. Astra’s stock fell 26% to close at $3.91 a share. The company confirmed ther...
Coca-Cola, Twitter, Tapestry and others
Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of ...
Disney, Uber, Coca-Cola and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Ch...
U.S. Inflation Spikes Higher For January, As Markets See Fed Action In 2022
WASHINGTON, DC – SEPTEMBER 24: January’s inflation data is unlikely to make make happy reading for … [+] Fed Chair Powell who is already planning to raise rates (Photo by Drew Angere...
Coca-Cola (KO) Q4 2021 earnings
A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen. Artur Widak | NurPhoto | Getty Images Coca-Cola on Thursday reported quarterly earnings and revenue that topped analysts’ e...
PepsiCo (PEP) Q4 2021 earnings
In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and ...
Biden rolls out $5 billion to states for electric vehicle chargers
President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. Evan Vucci | AP The Biden administration this week r...
China’s craze for Eileen Gu is spilling over to its stock markets — Quartz
China has been cheering ecstatically for US-born freestyle skier Eileen Gu, who got a gold medal for China at the Beijing Winter Olympics during the women’s big air competition yesterday (Feb. 8). Now...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March – Markets and Prices Bitcoin News
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly pred...
Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.
Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency – Markets and Prices Bitcoin News
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cry...
SpaceX losing Starlink satellites due to geomagnetic space storm
A batch of Starlink satellites deploy in orbit after a launch on Nov. 13, 2021. SpaceX Elon Musk’s SpaceX expects to lose nearly an entire launch’s worth of Starlink satellites after a sto...
Stock futures rise slightly ahead of key inflation data
U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 79 points, or 0.2%. S&P 500 futures added 0.0...
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion – Markets and Prices Bitcoin News
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG ...
Why solar geomagnetic storms destroy satellites like SpaceX Starlink
Left: A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. Right: An April 16, 2012 solar eruption is captured by NASA’s Solar Dynamics Observatory. SpaceX / NASA The s...
New York Gov. Hochul expected to lift indoor mask mandate
[The stream is slated to start at 11:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] New York Gov. Kathy Hochul is expected to drop the state’s strict indoor ...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
Alibaba & XPeng Have A Gargantuan Day As Markets Go Green
China Last Night KraneShares Key News Asian equity markets had a very strong night with every market in the green as the majority of markets were up more than +1%. Alibaba jumped as Softbank announced...
Kwakol Markets to Participate in iFX EXPO Dubai 2022
Leading Nigeria-based multi-asset broker firm Kwakol Markets has announced its participation at the 2022 iFX EXPO, to be held between February 22 and 24 at Za’abeel Hall 6, Dubai World Trade Cen...
Crypto markets: sentiment improving – The Cryptonomist
Until 4 February, the Fear and Greed Index, which measures sentiment in the crypto market, was still heavily in negative territory. Movements in the Fear and Greed Index Specifically, it had already ...
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Christopher Dilts | Bloomberg | Getty Images Atlanta Federal Reserve President Raphael Bostic said Wednesd...