Mesa Airlines is winding down its flying for American Airlines and said that it is close to an agreement to fly those jets for United Airlines. “We are excited to announce we have negotiated a w...
Tag: Markets
‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst
Bitcoin (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says. In a Twitter thread on Dec. 20, Jim Bianco, head of institutional resear...
Coinbase, Silvergate reverse losses to rise alongside traditional markets
Crypto-related stocks are rising after days of losses, tracking traditional markets higher. Coinbase and Silvergate were up more than 3% at 10:40 a.m. ET, while Galaxy Digital added nearly 5%. ...
Why the Bank of Japan’s surprise policy twist is rattling global markets
Anchors aweigh? The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointi...
Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars i...
Why You Should Believe In A Santa Claus Rally For Markets
Will there be a santa rally for markets this year? TOBIAS SCHWARZ/AFP via Getty Images AFP via Getty Images Despite a dismal December so far for markets, there is still a chance for a Santa Claus rall...
Gilead Sciences, Moderna, Tesla and more
A sign is posted in front of the Gilead Sciences headquarters on April 29, 2020 in Foster City, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Gene...
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Coinbase, Binance enjoy market share gains after FTX demise
The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included. Binance’s market...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25% – Economics Bitcoin News
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese centr...
Apple Christmas iPhone Sales Will Take Supply Chain Hit -JPMorgan
Apple (AAPL) – Get Free Report shares were active in pre-market trading Tuesday following a price target cut from analysts at JPMorgan and a muted holiday sales outlook. JPMorgan analyst Samik ...
ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its c...
Wintermute sees revenue plunge but CEO remains optimistic: Forbes
Digital asset trading firm Wintermute booked $225 million in revenue during the first nine months of 2022, compared to $1 billion for all of 2021, Forbes reported. In 2021, the firm — led by for...
General Mills, Steelcase, Lucid and more
Take a look at some of the biggest movers in the premarket: General Mills (GIS) – General Mills reported better-than-expected profit and revenue for its latest quarter, and it raised its full-year for...
This Is A Bearish Week For Bond Markets
AP Photo/Andrew Harnik, File Copyright 2018 The Associated Press. All rights reserved. The third week of this month has been very bearish in the fixed income market. This week is similar to the same w...
Global Markets Jolted as BOJ Surprises With Yield Policy Change
(Bloomberg) — The Bank of Japan sent shock waves through markets after it unexpectedly revised its yield-curve-control policy, signaling that the developed world’s last holdout to rock-bottom in...
Yen Surges on BOJ Shift; S&P 500 Futures Drop: Markets Wrap
(Bloomberg) — The yen strengthened as the Bank of Japan said it would let benchmark bond yields rise further. The unexpected decision sent Japanese stocks and US and European equity futures lowe...
Alphabet Stock: A Good Buy for 2023 and Beyond? Check the Chart.
It has been a difficult year for tech investors. The statement reflects the performance of most technology stocks, big and small — Alphabet (GOOGL) – Get Free Report (GOOG) – Get Free Re...
Here’s When to Buy Microsoft Stock (Again)
After a big bounce earlier this quarter, Microsoft (MSFT) – Get Free Report has not been trading all that well over the past few weeks. The stock has now declined in two straight weeks, and aft...
Nvidia Is a Top Pick for Next Year, Needham Says. Here’s Why.
Nvidia has been selected as one of Needham’s top picks for 2023. Analysts led by Rajvindra Gill, rate the stock as Buy, highlighting its “favorable risk/reward profile” and AI capabilities, among othe...
Fed Hikes Rates A Little More And No Santa Rally So Far As Markets Remain Down
Getty Images TL;DR The Fed has hiked rates again this month, though the 0.50 percentage point increase slowdown from the 0.75 percentage point increases we’ve seen at the past four meetings The annual...
Bitcoin, ether lower; Binance’s BNB up after deal to acquire Voyager assets
Crypto prices started off the week mixed, with bitcoin and ether down less than 1% and fluctuating around $16,600 and $1,170, respectively. Traditional markets were also slightly lower, with the...
The Crypto Ice Age Is Here. What’s Ahead for Bitcoin.
For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its ...
Upcoming Bill Will Keep Nigeria Updated With Markets, Said Ibrahim Babangida
0.5% of Nigeria’s 217 million citizens are using the eNaira. The Central Bank of Nigeria ordered all financial institutions to cease accounts that undertake crypto transactions in 2021. Recently a N...
BTC, ETH Consolidate as Markets Prepare for Christmas Break – Market Updates Bitcoin News
Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world’s largest cryptocurrency remained below $17,000 on Monday, as pric...
The Market’s 5 Biggest Disasters In 2022
Coinbase leads the list of this year’s list of stock-market disasters. (Photo by Chesnot) Getty Images CoinbaseCOIN leads the list of this year’s list of stock-market disasters. Here are the stocks do...