(Bloomberg) — Universa Investments, the hedge fund advised by “The Black Swan” author Nassim Taleb, told clients that ballooning debts across the global economy are poised to wreak havoc on mark...
Tag: Markets
Charts suggest the S&P 500 is nearing a ‘decisive’ moment, Cramer says
CNBC’s Jim Cramer on Monday said the benchmark S&P 500 could be at a pivotal moment this week. “The charts, as interpreted by Mark Sebastian, suggest that we’re approaching a dec...
JPMorgan Analyst Explains How His Bank Sees Tesla’s Stock Performing Moving Forward
Buoyed by steady share price increases since the beginning of the year, Tesla (TSLA) – Get Free Report CEO Elon Musk sounded bullish on the stock during an earnings call Jan. 25. Having opened ...
Investors dangerously ignoring bear market impact on earnings
Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previou...
Whirlpool, NXP Semiconductors, UnitedHealth and more
An employee stands next to a Whirlpool washing machine inside a home appliances showroom in New Delhi. Anindito Mukherjee | Reuters Check out the companies making headlines after the bell: NXP Semico...
Chaos, intrigue reign at UK High Court
Cuba’s Rodolfo Davalos arrives at the High Court in London, Thursday, Jan. 26, 2023. The Cuban government and an investment firm are battling in a British court over decades-old debts racked up ...
Morgan Stanley’s Mike Wilson warns the stock market’s January rally could end this week
A surprisingly good start for the U.S. stock market in 2023 is likely to fade this week as the Federal Reserve is set to announce its eighth consecutive rate hike at the conclusion of its policy meeti...
Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stick to Dow stocks Watch w...
Johnson And Johnson Stock Slips After Missing The Mark For Earnings
Getty Images Key takeaways Johnson and Johnson revealed lower earnings and sales numbers than expected in Q4 2022 Even before Q4 numbers were released, JNJ started falling after a slew of new stories ...
U.K. Government Has Proposed A £600 Million Package To Help Its Steel Companies Go Green
Getty Images Key takeaways Runaway energy prices in the U.K. have made the cost of industry prohibitive over the past couple of years. This is of particular note for steel mills which sometimes use ca...
3M To Ax 2,500 Manufacturing Jobs Citing Turbulent Macroeconomic Forces
Education Images/Universal Images Group via Getty Images Key takeaways 3M announced poor Q4 results and a weak outlook for 2023 As part of the announcement, 3M announced a layoff of 2,500 workers, mos...
Corporate Burnout Is Coming For Investor Profits
getty Key takeaways Corporate burnout is on the rise, particularly among middle management Financially, the costs of corporate burnout include $1.8 trillion in lost productivity in the U.S. alone Othe...
Year-Old Tonga Eruption To Keep Global Weather Wild For Years
FILE – This satellite image made by the Japanese weather satellite Himawari-8 shows the eruption of … [+] the Hunga Tonga-Hunga Ha’apai undersea volcano at the Pacific nation of Tonga on S...
Stocks making the biggest moves midday: Carvana, AMD and more
Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% aft...
Is Solana Following Ethereum’s Early Days? Top Trader Compares SOL and ETH, Updates Stance on Crypto Markets
A trader who continues to build a large following with his timely altcoin calls says that one of Ethereum’s biggest competitors may be following ETH‘s early stages of growth. Pseudonymous trader Cante...
Ford to cut Mustang Mach-E prices as price war with Tesla ‘intensifies’
Ford Motor Co. said Monday that it would be “significantly increasing” production of its Mustang Mach-E in 2023 as the company continues its efforts to improve supply of its electric-vehicles and cut ...
Coinshares sees biggest inflows since July, primarily in bitcoin
Coinshares saw its biggest inflows last week since July as total assets under management rose 43% from a November low. Digital asset investment products saw $117 million in inflows last week, of...
Four Under-the-Radar Altcoins Explode 100% or More in Just Seven Days As Crypto Markets Ignite
Four altcoins flying under the radar are generating big gains as the crypto markets continue to flash signs of strength. One of the best-performing altcoins this week is CFX, the native asset of multi...
What’s Next For Markets As The U.S. Reaches It Debt Limit?
Markets are starting to show some concern as the debt limit is reached. (Photo by William Thomas … [+] Cain/Getty Images) Getty Images The clock is ticking on the U.S. debt limit, which was alre...
Premier League signs deal with NFT-based fantasy soccer game Sorare
The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal wit...
These Altcoins May Rally, If Crypto Markets Continue to Rise Throughout the Week!
Bitcoin price exploded after undergoing immense bearish pressure and acute compression within a narrow range. The breakout beyond $23,500 has induced significant bullish momentum not only within Bitco...
BP Cuts Long-Term Oil and Gas Demand Outlook. It’s Good News for Renewables.
BP lowered its long-term oil and gas demand outlook as it said Russia’s war in Ukraine will accelerate the global shift toward renewable energy in a report Monday. In its 2023 energy outlook, the Brit...
China E-Commerce Giant Alibaba Falls After Reports of Move to Singapore
Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after reports the company is moving its headquarters out of the country. Alibaba (ticker: HK:9988) to be building a...
Markets Are Complacent Ahead Of The Fed Meeting
Jerome Powell, Chairman of the Federal Reserve Board, testifies during a House Financial Services … [+] Committee hearing on Capitol Hill in Washington, DC, February 27, 2018. (Photo by SAUL LOE...
Stocks Fall With Eyes on Rate Hikes, Adani, China: Markets Wrap
(Bloomberg) — Shares declined Monday in choppy trading as investors split their attention between looming interest-rate decisions in the US and Europe, the reopening of mainland China markets an...
Crypto Stocks Could See a Revival in 2023 as Markets Recover
Payments giant Stripe is edging closer to an initial public offering. However, it comes at a time when tech and crypto stocks are in a deep bear market. On Jan. 26, the Wall Street Journal reported th...
Fed rejects crypto bank’s application to join U.S. payment system
The Federal Reserve Board on Friday rejected a Wyoming-based crypto-centric bank’s application to become a member of the central bank’s exclusive payment system. In a press release, the Fed said the f...