LONDON, Jan. 6: UK Prime Minister Rishi Sunak speaks to the media as he visits Harris Academy in Battersea. Henry Nicholls – WPA Pool/Getty Images LONDON — U.K. Prime Minister Rishi Sunak is pre...
Tag: Markets
Airline perks and elite status will be harder to earn this year
The new Delta SkyClub at Los Angeles International Airport (LAX), Terminals 2 and 3 where the reimagined state-of-the-art facilities will soon welcome millions of guests each year. Media News Group | ...
I’m very concerned about Veru
Veru Inc: “I’m very concerned about it.” HealthEquity Inc: “Expensive stock, another one of these stocks not making much money. I think we’re going to have to take a majo...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases – Markets and Prices Bitcoin News
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additio...
MakerDAO set to implement parameter changes; a look at lending markets
MakerDAO has a new proposal to implement some parameter changes. The protocol has displaced Lido to regain its position as the leading DeFi protocol. In a new proposal, the Open Market Committee of th...
The Stock Market Had a Great Start to 2023. Earnings Season Could Be a Problem.
Text size This coming Friday marks the start of fourth-quarter earnings season, with Jamie Dimon’s JPMorgan Chase helping to kick off the festivities. Ting Shen/Bloomberg Investors got their Goldilock...
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact on financial markets. In a note released...
Brazil’s New President Sends Stocks Tumbling. Bonds Could Be a Buy.
Investors brimmed with optimism when Luiz Inácio Lula da Silva was elected Brazil’s president on Oct. 30, returning to power after two prior terms in 2003 to 2011. It didn’t last. The iShares MSCI Bra...
3 reasons why the December NFP report matters for markets
The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December than the market expected,...
Bitcoin futures activity fell off cliff in December
Bitcoin futures trading plummeted as 2022 came to a close. Bitcoin futures volumes were just $386.6 billion in December, according to The Block’s data. Volumes were down 39% month-on-mont...
Bitcoin, crypto prices inch higher as Silvergate woes worsen
Crypto prices rose over the past week as equities fell on a plethora of negative news. Bitcoin was changing hands for $16,910 at 7:30 a.m. EST, according to data via TradingView. The leading cry...
Capitalix: Bridging the gap between traders and the capital markets
The foreign exchange (also referred to as forex) markets are the most dynamic in the world as trillions of dollars are moving around it constantly, 24 hours a day. Most investors who partake in forex ...
Natural Gas Prices Are Coming Down. What to Expect for Energy Stocks.
The good news is that energy prices are coming down for households. The bad news is that energy stocks are feeling the pain. The best-performing sector in the stock market last year is finding itself ...
Salesforce Customers Not Swayed by Slack, Analysts Say
When Salesforce Inc. bought the messaging application Slack for $27.7 billion almost two years ago, it said the marriage would “transform the way everyone works in the all-digital, work-from-anywhere ...
Financial markets ignore elephant in the room: December’s 223,000 job gains
Stocks and bonds rallied in response to Friday’s jobs data showing modest wage growth for December, while investors looked past a stronger than expected 223,000 rise in nonfarm payrolls. Friday’s pric...
U.S. Judge Issues Detention Order for Mango Markets Attacker
A U.S. District Court for the District of Puerto Rico has issued a detention order for Mango Markets attacker Avraham Eisenberg. In a court filing, Magistrate Judge Bruce McGiverin deemed it necessar...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
Applications of Artificial Intelligence Across Various Industries
Getty Images Key takeaways Potential applications of artificial intelligence continue to expand as more people adopt the technology AI usage is particularly prominent in finance, digital spaces (like ...
World Wrestling, Bed Bath, Costco
Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for ...
Biden proposes tougher limits on deadly soot pollution
Seen from the window of an Amtrak train, smoke billows up from power plants alongside the tracks in Northern Virginia. Andrew Lichtenstein | Corbis Historical | Getty Images The U.S. Environmental Pro...
Jim Cramer’s Investing Club meeting Friday stocks rise Constellation
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 Friday’s key moments. Stay wary of tech Wait to b...
Crypto exchange Huobi to lay off 20% of workforce
The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday reportedly said it plans to reduce its global headcount...
Bitcoin, ether steady, as crypto stocks continue downtrend with Silvergate shedding 10%
Bitcoin and ether traded steady on Friday, while altcoins dipped and memecoins surrendered gains. Losses for crypto-related stocks continued as Silvergate plunged 10%. Bitcoin was trading arou...
The Dow takes ‘important first step’ toward a new bull market
Don’t dis the Dow Jones Industrial Average just because it’s made up of only 30 stocks, because if the stock market bounces back from last year’s selloff, it’ll be the Dow that leads it. With the Dow ...