Text size Photograph by Spencer Platt/Getty Images An exchange-traded fund with holdings picked by artificial intelligence is betting on big gains from Tesla and Nvidia in January. It has been right a...
Tag: Markets
Multi-Asset Broker BlackBull Markets Updates Brand Profile
New Zealand-based multi-asset financial trading services provider, BlackBull Markets today announced the transformation of its global branding. According to the company, the updated brand profile refl...
Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022 – Emerging Markets Bitcoin News
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this asserti...
Treasury Market’s Brutal New Year Conjures Return of 2% Yields
(Bloomberg) — The torrid selloff that raced through the Treasury market this past week has investors bracing for further losses that would push the benchmark 10-year yield toward 2%, with growin...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs – Featured Bitcoin News
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank se...
Stock futures dip after S&P 500 posts 4-day losing streak
Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images Stock futures were slightly lower in overnight trading Sunday after a...
Supply-Chain Constraints Are Easing. 5 Stocks That Should Benefit.
Text size STR/AFP via Getty Images Global supply-chain constraints are beginning to ease, which will benefit a host of stocks. The surge in economic demand last year brought on by reopenings and econ...
The 4 Lowest P/E Stocks Among The Dow 30 Components
Missing puzzle piece, value and price getty With the Walt Disney Company DIS now trading with a price-earnings ratio at 143 and with Salesforce’s CRM p/e up there at 127, what’s the p/e for the Dow Jo...
Biogen’s Alzheimer’s Drug Aduhelm Has Another Shot at Success
Illustration by Elias Stein Text size Biogen ’s Alzheimer’s disease therapy, Aduhelm, has been a disappointment for the company since its Food and Drug Administration approval last spring, with early ...
Bitcoin Price Falls to 3-Month Low. Has It Fallen Too Fast?
Text size Bitcoin Dreamstime Bitcoin declined to three-month lows on Friday as minutes of the latest Federal Reserve meeting raised the possibility the central bank could boost interest rates as soon ...
Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’ – Markets and Prices Bitcoin News
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows “extreme fear...
Buy Deere Stock Because It’s the Tesla of Farming
Text size Deere stock is a buy, Baird says. Justin Sullivan/Getty Images Deere stock had a banner 2021. Baird analyst Mig Dobre sees more gains for investors in 2022. Self-driving tractors are a key t...
$2.7 Billion in NFT Sales Recorded Last Month — Ethereum, Ronin, Solana Top 3 NFT Networks – Markets and Prices Bitcoin News
This week Google Trends shows that the acronym NFT, which stands for non-fungible token, has reached a score of 100, the highest score a search query can get from the data analytics aggregator. Meanwh...
Here’s where the jobs landed last month — in one chart
The leisure and hospitality sector led hiring in December as restaurant and bar managers added wait staff, cooks and bartenders to payrolls ahead of the holidays. That sector saw net job growth of 53,...
Hiring falters as payrolls rise only 199,000
The U.S. economy added far fewer jobs than expected in December just as the nation was grappling with a massive surge in Covid cases, the Labor Department said Friday. Nonfarm payrolls grew by 199,000...
Dogecoin (DOGE) & Shiba Inu (SHIB) Face ‘Purge’ as Hawkish Fed Action Rattles Markets – Bloomberg Analyst
Bloomberg senior commodity strategist Mike McGlone says the speculative rally in meme coins such as Dogecoin and Shiba Inu last year “indicate the excesses in crypto that are ripe for purging in 2022....
Larry Summers Says Fed and Markets Are Too Sanguine on Anti-Inflation Steps
(Bloomberg) — Former Treasury Secretary Lawrence Summers said that even after the Federal Reserve’s recent hawkish pivot and after a selloff in Treasuries, both policy makers and investors are s...
Fed Minutes Suggest More Stock-Market Turmoil Could Lie Ahead
Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch/Getty Images Sometimes you need to read something in black and white to believe it. That may explain why the stock market sold off sharp...
CVS Health is a good long-term buy
WSFS Financial: “I like that. It’s a good bank in a good area. Let’s try to get them on. I’ve admired them for about 30 years.” CVS Health: “I’m going to say ...
‘Odd time’ for markets but earnings matter again
CNBC’s Jim Cramer on Friday outlined his game plan for next week after Wall Street concluded its first five trading sessions of 2022. The “Mad Money” host said it’s “a bi...
Crypto Analyst Michaël van de Poppe Updates His Outlook on Bitcoin (BTC) and Three Altcoins As Markets Stumble
Widely-followed crypto trader Michaël van de Poppe sees bullish signs for Bitcoin (BTC) and one other altcoin while naming support zones for two popular smart contract platforms. In a recent series of...
Jim Cramer says these 5 ‘old tech’ stocks could have a big year in 2022
CNBC’s Jim Cramer on Friday laid out an investment case for five legacy technology companies that he believes could post strong returns in 2022. The “Mad Money” host said the followi...
Virgin Orbit stock pops as company shows rocket in Times Square
Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Richard Branson’s satellite-launching company Virgin Orbit brought a rocket to show off in New...
Discovery, GameStop, T-Mobile and more
In this photo illustration the Discovery Channel logo of an US television network is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images Check out the companies making hea...
Markets Wait For Powell’s Put – Trustnodes
Stocks are on edge. Half of all stocks traded on Nasdaq are down 50%. The index itself has lost 5% this week, and is down 5.6% year to date. A brutal January so far follows an equally brutal November ...
Not Even GameStop Stock Can Fight the Fed
Text size A Tesla electric vehicle drives through the Las Vegas Convention Center loop at the CES 2022 show this past week. Patrick T. Fallon/AFP/Getty Images The stock market is supposed to be forwar...