A.P. Moller-Maersk A/S is expanding its ocean freight business to include road, rail, and air services. Peter Boer/Bloomberg Text size The world’s largest shipping container company, A.P. Møller-Maers...
Tag: Markets
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs – Emerging Markets Bitcoin News
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a ...
New Payment System Seeking to Bolster Intra-African Trade Goes Live – Emerging Markets Bitcoin News
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries ar...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy – Markets and Prices Bitcoin News
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months...
Report: Indians maintain a cautious outlook as crypto markets witness a bloodbath
The global cryptocurrency market cap on 22 January went down by a massive 13.5% in the last 24 hours, to settle at around $1.6 trillion. Needless to say the tumble follows the year when the market wit...
Charts suggest S&P 500 may struggle through early February
CNBC’s Jim Cramer said Friday that technical analysis of Wall Street’s so-called fear gauge indicates the S&P 500 faces a challenging outlook in the near term. “The charts, as in...
GoodRx is in a ‘no-fly zone’
AT&T: “Let me tell you how I feel about AT&T: I don’t hate it anymore.” GrowGeneration: “Very, very rarely do I ever say this. It’s a stock whose time has come an...
Jim Cramer says he’d buy Disney after shares slid on Netflix news
CNBC’s Jim Cramer said Friday he views the sell-off in Disney as a buying opportunity for investors. Shares of the media and entertainment giant fell 6.94%, hitting a fresh 52-week low during th...
You want to own ‘great American companies, not junk’
CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
What Is The Importance Of Inflation For Investors?
Getty Images TL;DR: Inflation has a direct effect on consumer spending, which also affects consumer stocks. Inflation impacts the economy at large, but certain industries like consumer goods and the s...
Netflix, Peloton, Disney and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day s...
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022 – Markets and Prices Bitcoin News
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocur...
ECB’s Lagarde and IMF’s Georgieva discuss the global economic outlook
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The Covid-19 pandemic sent the global economy into one of its worst recessions e...
Banks close record number of branches in 2021, led by Wells Fargo
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digit...
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion – Markets and Prices Bitcoin News
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged t...
Thai exchange Bitkub looking for markets without ‘clear winner’ for crypto expansion
When large crypto exchanges or trading companies make a move towards other regions, it can signal their belief in engaged future users who will boost both crypto adoption and the company’ own performa...
Bitcoin at $38k: What’s dragging the markets down?
TL;DR Breakdown: The crypto market dropped below $2 trillion following Bitcoin’s drop to $38k. Russia, stock market, and futures contract liquidation might have caused the drop. Meanwhile, some things...
Crypto Mayhem Grips Markets, $230 Billion Decimated In Massive Red Friday Selloff
It is crypto mayhem as markets dump $230 Billion in Massive Red Friday Selloff. The crypto markets saw a massive 11% chiseling off of its values in the past 12 hours. The Bloomberg crypto suggests tha...
Crypto Markets Dump $230 Billion in Massive Red Friday Selloff
Crypto asset markets are plummeting during the morning of Jan 21 as hundreds of billions of dollars get wiped off the total market capitalization. Cryptocurrency markets are deep in the red this Frida...
Stocks Drop With Futures, Bonds Up as Nerves Fray: Markets Wrap
(Bloomberg) — U.S. equity futures fell along with Asian stocks Friday and bonds rallied as shaky company earnings and the prospect of tighter Federal Reserve monetary policy buffeted sentiment. ...
Bybit joins the NFT marketplace party amid market’s renewed boom
The non-fungible token (NFT) sector is going ballistic, and everybody wants a piece of the pie. While far away from its heyday in August last year, when it was carrying out trade of over $1.7 billion ...
Cosmos-based Tokens Post Healthy Gains as Crypto Markets Trade Sideways
Though the broader crypto market cap only grew by 0.1% over the past day, indicating a slow day for many large cryptocurrencies, a handful of tokens in the Cosmos ecosystem are faring much better. Wi...
Judge blasts PG&E as ‘continuing menace’ over wildfires
People take part in an event to hand-deliver 100,000 public comments from Californians throughout the state calling on Governor Newsom to reject proposals that penalize consumers for putting solar pan...
NextEra Energy is a buy
NextEra Energy: “NextEra is the fastest growing utility. I think it’s terrific, and I actually would be a buyer here tomorrow morning.” Spero Therapeutics: “This is the height ...
Jim Cramer says the stock market is getting closer to forming a bottom
CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to reaching an investable bottom after a challenging start to the new year. The “Mad Money” host’...
Stock Market Suffers Worst Week Since 2020. Here’s What Comes Next.
Text size The decline has been painful for investors who have been trained to buy on the dips. Michael Nagle/Bloomberg A bad start to 2022 just got a whole lot worse. The Dow Jones Industrial Average ...