Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said Tuesday its annual shareholders meeting will be held in...
Tag: Markets
Market being dragged down by 2021’s flurry of IPOs, SPACs
CNBC’s Jim Cramer on Tuesday lamented the flurry of companies that went public in 2021 through traditional IPOs and SPAC deals, suggesting that it’s playing a role in Wall Street’s w...
Stock futures are little changed after another wild ride on Wall Street, Fed meeting in focus
Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dipped 2 points, or less than 0.1%. S&P 500 futures rose margin...
Microsoft, F5, Navient & more
Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: ...
American Express, General Electric, IBM and more
Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell 6% after the company missed revenue estimates for the fiscal fourth qu...
Tesla Earnings Are Coming. They Better Be Good.
Text size A Tesla EV drives through the Las Vegas Convention Center Loop ahead of the 2022 Consumer Electronics Show held in Las Vegas this month. Patrick T. Fallon/AFP via Getty Images Trading in Tes...
McKinsey calculates capital spending required to reach net-zero by 2050
A wind farm shares space with corn fields in Latimer, Iowa, U.S. Jonathan Ernst | Reuters As the world grapples with a worsening climate change crisis, governments and companies are pledging to achiev...
Stocks Are Getting Hammered. Big Money Is Waiting to Buy the Dip.
Text size A scene from the New York Stock Exchange on Monday. NYSE The stock market is down—a lot. The good news is that there is a pile of money waiting in the wings to buy the dip. The S&P 500 ...
Macellum asks for Kohl’s board seat and for Kohl’s to explore a sale
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Activist hedge fund Macellum Advisors has been asking Kohl’s to consider selling itself and now i...
AMC reportedly in advanced talks to refinance debt
A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment is fast-tracking its plan to refinance its debt, according to a ne...
CNBC Fed Survey forecasts more aggressive Fed, but better economic growth
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., Sept...
FTC likely suing to block Lockheed Martin buy
Four Aerojet Rocketdyne RS-25 engines attached to the core Stage for NASA’s Space Launch System rocket. NASA Aerojet Rocketdyne stock fell after the rocket engine and spacecraft propulsion maker...
ETH money markets process $200M in liquidations in one day
As ether lost more than 14% on Friday, its biggest single-day drop in more than half a year, it triggered liquidations of collateral locked in decentralized money markets, some of which made an impres...
Covid and JNJ earnings Q4 2021
The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3 billion to $...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
Why the Floor for Bitcoin’s Price Is Zero
Text size What matters for Bitcoin is price momentum. Dreamstime A few thoughts early in the trading week: Recent crypto buyers who are sitting on deep losses surely don’t need me reminding them that ...
Bitcoin To Take The Entire Crypto Market’s Capitalization Down To $250 B?
The crypto-verse continues to dwindle amid the treacherous economic impacts. The steep slashes have deterred the optimism of the masses in the crypto fraternity. The plight of the crypto traders has b...
Saxo Markets UK Names Peter Morris as New COO
Saxo Bank, one of the fastest-growing multi-asset trading services providers, announced that Peter Morris, the former Managing Director Global Brokerage Operations at BGC Partners, has joined its subs...
Crypto winter? Investors fear bitcoin has further to drop
Two commemorative bitcoins pictured in front of a Tesla car during cold weather on Jan. 7, 2022. Artur Widak | NurPhoto via Getty Images As cryptocurrency investors reel from the sharp sell-off in bit...
Cramer says selling not done for tech stocks trading at high multiples to sales: ‘Those have had it’
Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the mark...
Bitcoin Is Crashing, Will Buy When BTC Tests $20K – Markets and Prices Bitcoin News
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he will buy more bitcoin if and when the price of the cryptocurrency tests $20K. He noted that bitcoin’s price crashing is ...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
Occidental Petroleum is ‘the only oil stock that I don’t like here’
EQRx Inc.: “What certain companies have to do is, they have to buy biotech companies. This is the kind of company that needs to be bought. It shouldn’t be independent.” DigitalOcean ...
Charts suggest bitcoin and ether selling may be over soon
Charts suggest the selling in the world’s two largest cryptocurrencies may run its course soon, CNBC’s Jim Cramer said Monday, leaning on analysis from veteran technician Tom DeMark. ̶...
Stock futures are little changed after volatile session
U.S. stock index futures were little changed in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory...
Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
As Markets Break Down, Traders Favor Ethereum (ETH), Solana (SOL), and Two More Altcoins, According to Crypto Algorithm
An autonomous bot that’s been outperforming the crypto market by using data from weekly surveys of traders shows strong demand for Ethereum and three other altcoins. The Real Vision Bot was co-develop...
Raytheon Stock Falls as Fourth-Quarter Revenue and Outlook Miss Forecasts
Text size Kyle Grillot/Bloomberg Shares of Raytheon fell 3.5% in premarket trading Tuesday after the aerospace and defense company reported fourth-quarter profit that topped Wall Street forecasts, but...