Mary Barra, CEO of General Motors at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as ...
Tag: Markets
FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.
FuelCell Energy shares rose on Thursday after the producer of units that make electricity from hydrogen posted a narrower-than-expected loss for its first quarter. FuelCell (ticker: FCEL) posted reve...
Top 50 cryptocurrencies’ volatility is ‘predictable’ and digital assets behave more like equities: Report
Markets • March 9, 2023, 9:00AM EST Authors of perhaps “the most exhaustive study” ever done on the volatility of cryptocurrencies say they can now more accurately predict the intense swings gripping ...
Get a chance to win $10,000 with Cerus Markets pre-launch giveaway
Cerus Markets is an all-in-one global brokerage platform that aims to give users a chance to trade cryptocurrencies, commodities, stocks, and forex from their web browser or mobile devices without any...
Volatile Crypto Markets – Bitcoin Investors Turn Toward Altcoins Solana and Big Eyes Coin
The world of cryptocurrencies is always volatile, with prices fluctuating unpredictably. For users in the digital world, Bitcoin (BTC) has become a little old-fashioned. With Bitcoin’s price strugglin...
Silvergate, Etsy, SVB Financial, Uber and more
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines before the opening bell: Etsy — Shares fell more than 6% in premarket after Jefferies double-downgraded the online ...
Credit Suisse Stock Is Falling. Annual Report Is Delayed After Call From SEC.
Credit Suisse shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report. The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) Ame...
Asana Stock Is Rising. KeyBanc Sees 50% Upside in Bull Case.
Asana the provider of business software, is set to open higher on Thursday. KeyBanc says the shares could still move substantially higher. Analysts led by Jason Celino said the stock price could rise ...
Rookie Traders Are Earning $400,000 in One Unlikely Markets Hub
(Bloomberg) — Graduate traders are earning salaries of as much as $400,000 straight out of school. Most Read from Bloomberg But this isn’t New York, London or Hong Kong. It’s Sydney, where firms...
Grayscale’s Sonnenshein left ‘encouraged’ after hearing in SEC case
Grayscale Chief Executive Officer Michael Sonnenshein is optimistic following a hearing over the Securities and Exchange Commission’s rejection of his firm’s application for a spot bitcoin...
Stocks moving big after hours: SI, MDB, UBER
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines after the bell. Uber — The ride-sharing platform’s shares gained 2.5% after Bloomberg reported that the compan...
Expect Volatility on the Crypto Markets, Say Experts
BeInCrypto spoke to crypto market experts about what to expect for the rest of Q1 and Q2. Two themes were clear: expect volatility and look to the fundamentals. 2023 has been a wild ride for investors...
Silvergate will liquidate bank, wind down operations
Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate the Silvergate Bank in accordance with applicable regulatory processes. “In light of recent indus...
The Fed Is About To Crash Bitcoin and Crypto Markets, Says Analyst Nicholas Merten – Here’s Why
A widely followed crypto analyst says that the actions of the U.S. Federal Reserve will crash Bitcoin (BTC) and the crypto markets in general. In a new video update, Nicholas Merten, the host of DataD...
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas o...
GBTC discount narrows, bitcoin trades above $22,000 as Silvergate leads drop in stocks
Markets • March 8, 2023, 11:04AM EST Grayscale’s premier fund traded higher as its discount narrowed following what some perceived as a successful day in court. Crypto prices slipped across the ...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
Trader Who Nailed Bitcoin and Crypto Turnaround Says He’s Accumulating An Additional Altcoin As Markets Retrace
A trader and analyst who began accumulating Bitcoin at its absolute bottom late last year says he’s now accumulating an additional altcoin. As BTC and the greater crypto markets pull back, the pseudon...
Powell’s comments slammed markets. Here’s what one bank sees for stocks, bonds.
The market really took Federal Reserve Chair Jerome Powell’s words at face value on Tuesday. Short-term yields rose, and the stock market slumped, with this comment: recent data suggest “the ultimate ...
An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.
Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...
CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says
CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...
No exit ramp for Fed’s Powell until he creates a recession, economist says
Federal Reserve Chair Jerome H. Powell testifies before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Ca...
Stocks Reel From Recession, Fed Rate Bets: Markets Wrap
(Bloomberg) — Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears t...
European Markets Flat amid Impending Fed Chair Comments
European markets remained flat on Tuesday as all eyes are on Jerome Powell’s imminent congressional statement. European markets are currently flat as investors await the congressional testimony by Fe...
Warren Buffett’s Berkshire Hathaway buys more Occidental Petroleum shares
Warren Buffett Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday...
MEXC Global’s Record Low Fees Heightening the Recovery of the Cryptocurrency Markets
Advertisement     The exchange has experienced new growth since MEXC Global announced it reduced maker and taker fees on the platform, mirroring the positive turnaroun...
CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock
CrowdStrike’s strong fourth-quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...