SoFi Technologies Inc: “There was a report that came out earlier this week that said that they are, like many other banks, struggling with the idea that [interest] rates went up really fast, muc...
Tag: Markets
Charts suggest the S&P 500 is at a make-or-break moment, Cramer says
CNBC’s Jim Cramer on Wednesday said that the benchmark S&P 500 is at a crossroads, poised to either tumble further or roar higher. “The charts, as interpreted by Jessica Inskip, sugges...
Market is getting rid of ‘weak-handed investors’
CNBC’s Jim Cramer on Wednesday warned investors that stocks could continue to fall — at least in the near future. “I think we have a … period of consolidation, as we get rid of the weak-ha...
O’Leary says regulation will help crypto markets
Late last year, the collapse of FTX blasted markets, with many famous crypto personnel producing statements and predictions regarding the situation. In a recent interview with Kitco news on youtube, r...
Discover Financial, Alcoa and more
An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia. Carla Gottgens | Bloomberg | ...
As consumer spending slows, TJX is the off-price retailer to own
Fresh economic data Wednesday showed U.S. consumer spending slowed during the holiday season as inflation, though easing, continued to squeeze shoppers. That’s likely to make off-price retailers...
Disney CEO Bob Iger Requires Hybrid Staff To Return To The Office At Least Four Days A Week
Getty Images Key takeaways During the pandemic, roughly 18% of the workforce worked remotely. Despite worker preference for working from home, companies like Disney have demanded a return to the offic...
Binance, ether, bitcoin all lower as US economy slows
BNB, ether and bitcoin slid with traditional markets after U.S. economic data showed signs of an economy starting to take a breather. Retail sales fell more than expected, tripping up what had b...
Floods engulf Philippines as president declares ‘state of calamity’
Members of the Philippine Coast Guard wade through floods during a rescue operation, in Isabela City, Basilan province, Philippines, January 11, 2023. Philippine Coast Guard | via Reuters The Philippi...
Bitcoin, crypto prices bounce back following DOJ announcement
Bitcoin, ether and other crypto prices recovered as the U.S. Department of Justice announced an enforcement action against a little-known exchange called Bitzlato. Bitcoin was trading around $21...
Microsoft, Moderna, Mobileye, Chegg and more
Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. J.B. Hunt Transport...
Macro Guru Raoul Pal Says Risk Assets Very Bullish This Year With Crypto Markets Popping Out of the Water
Real Vision CEO Raoul Pal says a changing macroeconomic backdrop makes him very bullish on risk assets like crypto. In a new Real Vision Finance video, the former Goldman Sachs executive says that a d...
Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of ...
Bitcoin price dips sharply ahead of DOJ crypto enforcement announcement
Bitcoin’s price fell sharply late Thursday morning after the U.S. Departments of Justice and Treasury said they would announce a joint enforcement action against an international crypto entity t...
Ripple CEO optimistic crypto firm will get SEC XRP lawsuit ruling soon
The head of cryptocurrency and blockchain company Ripple, Brad Garlinghouse says he is hopeful a resolution will be reached in its spat with the U.S. Securities and Exchange Commission within the firs...
Cathie Wood-backed 21shares offers first staking index ETP
Cathie Wood-backed 21Shares unveiled the 21Shares Staking Basket Index ETP, the first crypto staking index ETP offering diversified staking income. The 21Shares Staking Basket Index ETP tracks p...
Shiba inu jumps 15% as ether trades around $1,600 following PPI release
Ether traded above $1,600 for the first time since early November as crypto prices were elevated by lower-than-expected PPI data. Ether was trading at $1,598 by 9:20 a.m. EST, up 1.2% in the pa...
Solomon says Goldman took on too much too quickly in consumer business
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon told CNBC Wednesday that his firm suff...
United Airlines, Moderna, IBM and more
A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Images Check out the companies making headlines in premarket tradi...
Top business leaders discuss the future of jobs
[The stream is slated to start at 3 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Geoff Cutmore, top business leaders discuss at Davos, Swi...
Equities Stall; Dollar Gauge Weaker Despite Yen: Markets Wrap
(Bloomberg) — European stocks and U.S. equity-index futures gave up their gains as investors remained on the edge over the direction of monetary policy and corporate earnings. The yen tumbled ag...
Coinbase Stock Is Soaring. It Might Be a Haven in a Wild Crypto Market.
Coinbase Global stock continued its winning streak on Tuesday, rising alongside the price of Bitcoin and on the back of a strong analyst endorsement. Coinbase (ticker: COIN) has already had a busy sta...
Markets in Crypto Assets Regulation (MiCA) Bill Postponed by EU
8 hours ago | 2 mins read Bitcoin News There was difficulty in translating 400-page document into the 24 official languages. According to EU authorities, MiCA would have averted the FTX catastrophe. D...
Bitcoin rises slightly as crypto stocks surge in rally led by Coinbase, Hut 8
Bitcoin rose slightly by the U.S. close as crypto-related stocks ended the day largely higher in a rally led by Coinbase and Hut 8. The largest cryptocurrency by market capitalization rose about...
Apple Stock: Here’s How Much Upside May Be Left After Recent Rally
Apple (AAPL) – Get Free Report shares are mixed to start the holiday-shortened week. While the stock is up about 0.5% so far on Tuesday, it was up as much as 1.9%. Optimism was running high thi...
Jim Cramer picks his favorite travel, restaurant, live entertainment and gym stocks
CNBC’s Jim Cramer on Tuesday gave investors a list of stocks he believes fit Americans’ spending habits after navigating the Covid pandemic for the last three years. “The biggest the...
Jim Cramer warns investors not to panic sell reliable stocks
CNBC’s Jim Cramer told investors not to discard their traditional, steady stocks after Tuesday’s trading session. “It is so easy to panic out of stocks on the first sign of weakness,...
United Airlines (UAL) earnings Q4 2022
United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willing...
Get Ready, Tech Investors: Intel and Qualcomm Could Give Gloomy Outlooks
Citi Research predicts Intel and Qualcomm could provide disappointing guidance when they report their December quarter financial results. On Wednesday, analyst Christopher Danely reiterated his Neutra...