The Federal Reserve’s preferred measure of rising prices is set to show that inflation continues to trend downward, supporting the narrative that the central bank could soon ease up in its battle agai...
Tag: Markets
Gold Price Forecast – Gold Markets Get Slammed on Thursday
Gold Price Predictions Video for 27.01.23 Gold Market Technical Analysis Gold markets have gotten hammered during the trading session on Thursday to test the top of the previous channel that we had be...
Mango Markets Hack: Parent Company Files Lawsuit Against Perpetrator
Mango Markets is a DeFi platform based in Solana that trades digital assets for spot margin and trading perpetual futures. It was the target of an exploit hack in October 2022. By manipulating the DeF...
Mango Markets Sues Exploiter Avraham Eisenberg for $47M in Damages
Mango Markets’ exploiter Avraham Eisenberg was hit with a lawsuit by Mango Labs, the company behind the DeFi protocol, for $47 million in damages. The Wednesday filing with the United States District ...
Intel, Visa, Hasbro and more
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the compa...
Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fis...
ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data – Market Updates Bitcoin News
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to i...
Mango Markets Sues Avraham Eisenberg
Key Takeaways Mango Labs, the company behind decentralized perp exchange Mango Markets, has filed a lawsuit against Avraham Eisenberg. The company seeks restitution of the $47 million Eisenberg allege...
Bitcoin steady as altcoins pop, aptos hits all-time high around $20
Bitcoin was treading water at around $23,000, while ether and altcoins traded higher. Equities were mixed, with Silvergate down and Coinbase higher. Bitcoin was trading at $23,037 by 10:40 a.m. ...
Bank earnings are in. Wells Fargo, Morgan Stanley still our favorites
With all the major investment and money center banks having now reported fiscal fourth-quarter earnings, we compiled the results to compare how our Club holdings, Wells Fargo (WFC) and Morgan Stanley ...
Mango Markets exploiter slammed with new lawsuit
Mango Markets’ exploiter Avraham Eisenberg has been sued by the decentralized finance (DeFi) protocol developer, Mango Labs, according to a Jan. 25 court filing. Mango Labs alleged that Eisenberg exec...
Robinhood Markets Inc (HOOD) Stock Price Analysis : Hood stock price prepares for Q4 earnings
Robinhood stock price stuck in the narrow range consolidation and struggles to hold the 50 day EMA NASDAQ : HOOD stock price is up by 19% on a monthly basis and formed bullish reversal candle Hood sto...
US economic growth tops estimates, grew by 2.9% during the fourth quarter
The U.S. economy grew by 2.9% during the fourth quarter, narrowly topping estimates of 2.8%. Growth in the final three months of last year was primarily driven by consumer and federal government...
Southwest, Tesla, Las Vegas Sands
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois. Luke Sharrett | Bloomberg | Getty Images Check out the companies m...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and servic...
Homebuilder Sentiment Is Looking Up At Last — Here’s Why The Real Estate Market Is Getting More Optimistic
Getty Images Key takeaways Homebuilder sentiment is on the rise for the first time in over a year as mortgage interest rates noticeably dropped in early 2023. Mortgage interest rates are somewhat tied...
Dow Inc. Warns of Weakness, to Lay Off 2,000 Workers as Earnings Fall
Chemicals giant Dow Inc. sees the global economy slowing down and is preparing for weakness by cutting costs and focusing on cash generation. That’s the right playbook for a weak operating environment...
American Airlines (AAL) earnings Q4 2022
Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourt...
Southwest Airlines (LUV) earnings Q4 2022
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Ag...
Nokia Earnings Top Expectations. India is Powering Its 5G Growth.
Nokia stock climbed on Thursday after the Finnish telecommunications company beat analysts’ expectations for its fourth-quarter earnings and sales, as 5G installation in countries such as India underp...
China’s Covid wave drives up consumer interest in health insurance
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estima...
Jim Cramer reminds investors to maintain a diversified portfolio
CNBC’s Jim Cramer on Wednesday told investors that diversification remains key to keeping a successful portfolio. “I can’t say a diversified portfolio is bulletproof. But I can say t...
Jim Cramer picks his standout stocks in 4 bull market industries
CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way...
Biden restores protections for Alaska’s Tongass National Forest
Part of Tongass National Forest Urbanglimpses | Istock | Getty Images The Biden administration on Wednesday announced it’s reinstating restrictions on logging and road-building on about nine mil...
Jim Cramer’s Investing Club meeting Wednesday: Microsoft, P&G
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Don’t buy the Micr...
First Rocket Lab U.S. launch is a success after NASA delays
The company’s Electron rocket lifts off from LC-2 at NASA’s Wallops Flight Facility in Virginia on Jan. 24, 2023. Brady Kenniston / Rocket Lab Rocket Lab‘s first U.S. launch got off ...
Opinion: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon
Intel Corp. ended 2022 with its worst financial results since the dot-com bust more than 20 years ago, thanks to a double whammy of a downturn in both PCs and data centers that isn’t going to turn aro...