TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters BEIJING — TikTok owner ByteDance has disbanded its invest...
Tag: Markets
Mastercard strikes NFT payments deal with Coinbase amid wave of crypto partnerships
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard said Tuesday it inked a deal with Coinbase, the la...
SoFi stock soars after clearing final regulatory hurdle to become bank
Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday followi...
I can’t recommend Wheels Up since it’s unprofitable
Covetrus: “I want you to do that. I actually think this group is so oversold. You know we had Zoetis on last week. I think animal health is here to stay. I don’t know if you saw Petco, how...
Goldman Sachs shares are a ‘steal’ after post-earnings dip
CNBC’s Jim Cramer said Tuesday he feels Wall Street’s reaction to Goldman Sachs’ fourth-quarter earnings miss was overblown, creating a buying opportunity for investors. “Go ah...
Stock futures are flat after sell-off on Wall Street, more bank earnings ahead
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 10, 2022. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Tuesday foll...
Companies hit record $14.5 billion in 2021
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space ...
Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs – Markets and Prices Bitcoin News
While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week....
Dual Bond And Stock Bear Markets Look Likely
A dual market selloff headline getty Everybody’s talking about higher inflation and rising interest rates, but are they worried? Not really. The Fed’s on the case, so investors are asking,...
China’s digital yuan notches $8.3 billion transactions in half a year
A sign for China’s digital currency, the electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021. STR | AFP | Getty Images BEIJING — In a country where consu...
Tech Is Falling Again. Why Apple, Tesla, and Other Tech Stocks Are Still Buys.
Text size Apple and other tech stocks have had a rough start to 2022. They could still be good picks. Justin Sullivan/Getty Images Tech stocks are getting slammed yet again, for familiar reasons. Inve...
UK launches crackdown on ‘misleading’ cryptocurrency ads
The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. Jak...
Alibaba, Citrix, 23andMe and others
Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company...
Analysts, Markets Think Unilever’s GSK Consumer Bid Is a Bad Idea
LONDON — Bad idea. Analysts covering Unilever didn’t hold back their feelings about the group’s 50-billion-pound bid for the consumer health care division of GlaxoSmithKline, which emerged over the we...
Crypto Markets Lose $100 Billion Daily as Bitcoin Dips Below $42K (Market Watch)
Bitcoin’s adverse price movements continue with the asset sliding below $42,000. Most of the altcoin space is in an even more gloomy situation, with substantial losses from Ethereum, Binance Coin, Ava...
U.S. Futures Drop, Stocks Mixed as Yields Jump: Markets Wrap
(Bloomberg) — U.S. equity futures fell and Asian stocks were mixed Tuesday amid a jump in Treasury yields as investors girded for interest-rate hikes by the Federal Reserve to quell high inflati...
U.S. stock futures are little changed ahead of more earnings reports
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 12, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night as traders braced for the ...
Chamath Palihapitiya says ‘nobody cares’ about Uyghur genocide in China
Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a re...
Credit Suisse Chairman Quits After Breaching Covid-19 Rules
Text size António Horta-Osório, former chairman of Credit Suisse AFP via Getty Images Credit Suisse Chairman António Horta-Osório has resigned only 8 monthsafter being appointed, following a board inv...
15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Secret Gains 50% – Markets and Prices Bitcoin News
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Moner...
Amazon Scraps Plan to Stop Accepting Visa’s U.K. Credit Card
Text size British shoppers will continue to be able to shop on Amazon with their Visa credit cards. Justin Sullivan/Getty Images Amazon.com will continue to accept Visa credit cards in the U.K., the e...
Privacy-Preserving Altcoin Project Soars on Launch of ‘Shocking’ New Initiative While Crypto Markets Underwhelm
A trailblazer in the world of Web 3.0 blockchain privacy is starting the new year by posting major gains while the broader crypto markets remain uncertain. Secret (SCRT) boasts of a permissionless and...
Decentralized Lending Market’s Upcoming Crisis
The decentralized loan market has the potential to grow enormously because of its benefits over traditional lending. Its major advantage is the radical growth of the number of potential creditors. Ove...
Stock Market Today: Global Shares Rise as U.S. Markets Pause for M.L.K. Jr. Day
Text size Wall Street trading will return in force Tuesday. Angela Weiss/AFP via Getty Images Global stocks moved slightly Monday in what is expected to be a quiet trading session, with U.S. markets c...
What the Year of the Tiger Will Bring for the Asian Markets
From a major rebranding exercise to upheavals in the Asian markets throughout the year, it was busy 2021 for Finalto. Who would know better about this than Alex Yap, Head of Institutional Sales for As...
Stocks, Futures Mixed as Bond Yields March Higher: Markets Wrap
(Bloomberg) — Stocks were mixed Monday as traders weighed a global advance in sovereign bond yields and corporate developments. Most Read from Bloomberg Europe’s Stoxx 600 Index rose, while U.S....
GDP for December and full year 2021
Volunteers wearing personal protective equipment (PPE) arrange food deliveries on Nov. 26, 2021, for a Shanghai residential area that’s under restrictions to halt the spread of Covid-19. Yin Liq...