Alibaba shares have had an excellent week because the stock looks cheap and investors are buying the big dip. After losing almost 50% of its value in 2021 — amid intensifying regulatory pressures and ...
Tag: Markets
GameStop shares surge 16% after news it plans to launch an NFT marketplace
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images GameStop shares are set for d...
GameStop, T-Mobile, Sonos and others
Check out the companies making headlines before the bell: GameStop (GME) – GameStop surged 14.3% in the premarket on reports that the videogame retailer is starting a new division to focus on cryptocu...
GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop, an American seller of video games, consumer electronics and wireless services, said it is entering the Non-Fungible Token (NFT) market. After the announcement, GameStop’s shares on the...
Bitcoin (BTC) price slumps to 3-month low
Chukrut Budrul/SOPA Images/LightRocket via Getty Images Bitcoin dropped to a three-month low late Thursday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the...
China’s property problems spread to once-healthy developers like Shimao
InterContinental Shanghai Wonderland, a luxury hotel developed by Shimao and managed by IHG, opened in 2018 and is pictured here on Oct. 11, 2020. Costfoto | Future Publishing | Getty Images BEIJING —...
Crypto Markets Tank Again as Selloff Accelerates
Crypto asset markets are deep in the red for the fifth day in a row as the massive selloff continues resulting in billions of dollars exiting the space. Total market capitalization has declined by a f...
GameStop to Enter Crypto and NFT Markets in Turnaround Drive
The Wall Street Journal confirmed the development in an article on Jan. 6 stating that the company is venturing into these “much-hyped areas” in an effort to turn around its core video game business. ...
Blueberry Markets Inks a Partnership Deal with Signal Centre
One of the well-known financial brokers in Australia, Blueberry Markets recently announced a strategic partnership with Signal Centre, a prominent trading signals provider. As part of the recent colla...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value – Markets and Prices Bitcoin News
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoptio...
Scotts Miracle-Gro is a buy
Vertiv Holdings: “Yes, absolutely. I like the company. I like the business model. I like the fact that Dave Cote is still the chairman. You’ve got a winner there.” Paysafe: “I ...
Conagra Brands CEO says inflation won’t go away even after Covid omicron wave passes
Conagra Brands CEO Sean Connolly told CNBC’s Jim Cramer on Thursday that the company is prepared for inflationary pressures to stick around well after the Covid omicron wave subsides. “It&...
Pakistan Likely to Earn Billions From Cryptocurrency – Emerging Markets Bitcoin News
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to c...
Bed Bath & Beyond CEO Mark Tritton on Q3 sales, fixing supply chain
Bed Bath & Beyond CEO Mark Tritton on Thursday expressed disappointment over the retailer’s supply-chain issues in its third quarter, while also suggesting there’s a silver lining to b...
Hedge funds are selling tech shares at their fastest pace in a decade as rates spike
Surging bond yields have triggered hedge funds to sell growth-focused technology shares at a speed not seen in the past decade. The hedge fund community dumped tech stocks in the four sessions between...
Cramer says it’s too early to buy aggressively after rough 2022 start
CNBC’s Jim Cramer said Thursday he believes the stock market has yet to reach a true “investable bottom,” as Wall Street gets off to a choppy 2022. “That doesn’t mean you...
Stock futures inch higher ahead of key jobs report
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s key jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 65 points....
Starlink internet service has more than 145,000 users so far
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the com...
Stocks making the biggest moves after hours: GameStop & more
A mall visitor walks be a GameStop store on December 08, 2021 in San Rafael, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shar...
The Fed is scaring markets with the triple threat of policy tightening
A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Investors have been prep...
Bottom Is Close for Bitcoin and Ethereum, According to Popular Crypto Analyst – Here’s How Low the Markets Could Go
While Bitcoin (BTC) and the wider crypto markets stumble, one popular crypto analyst sees an end in sight. Over the past 24-hours, Bitcoin has dropped 6% and Ethereum (ETH) over 10%, reflecting the mo...
Walgreens, Bed Bath & Beyond, Conagra and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator’s shares gained 2.9% in the premarket, after beating estimates on both the top and bottom line...
Rivian, Allbirds, Humana and more
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Here are the stocks making headline...
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Alibaba Stock Rises — as Other Tech Tumbles — Even as It Gets a Price Target Cut
Text size Alibaba investors were taken on a wild, ugly ride in 2021. Could 2022 be different? Greg Baker/AFP via Getty Images Tech stocks have been tumbling. In a surprise twist, Alibaba is doing rema...
Bitcoin Dominance Sinks to Lowest Level in 3 Years as Ethereum, Numerous Competitors Gain on BTC – Markets and Prices Bitcoin News
Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but ...
Bitcoin and Crypto Markets in Turmoil as Fed Plans to Reduce Balance Sheet
The past 24 hours have been particularly tumultuous throughout the entire cryptocurrency market. The selling pressure also spread out through Wall Street as the Fed revealed plans to reduce its balanc...
$200 Billion Evaporated From Crypto Markets as Bitcoin Drops to 3-Month Low (Market Watch)
After consolidating around $47,000 for several days in a row, bitcoin dumped by double-digit percentages in the past 24 hours to a three-month low beneath $43,000. The altcoin space is also deep in th...
Bitcoin Hashrate Reaches Unseen Peaks At The Start Of The Year As Crypto Markets Wobble ⋆ ZyCrypto
Advertisement     Bitcoin hash rates soared to new highs at the start of 2022. The new figures are a leap of 100% from figures 6 months ago. Bitcoin mining has experie...