Updated at 6:34 am EST Tesla (TSLA) – Get Free Report shares moved firmly higher Monday after a poll put in place by Elon Musk indicated he should step down as CEO of Twitter following weeks of...
Tag: Markets
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
HedgeUp, OKB, and Toncoin Prepare To Dominate Crypto Markets In 2023
Join Our Telegram channel to stay up to date on breaking news coverage During the present bearish market conditions, most crypto coins have not been putting up a good show. Despite the gloomy conditio...
Aerojet Rocketdyne, Tesla, Microsoft, and More Stock Market Movers Monday
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Asian stock markets sink under global recession fears
BEIJING (AP) — Asian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation. Shanghai,...
Nike, FedEx, Micron, General Mills, and Other Stocks for Investors to Watch This Week
A bevy of economic data and several notable companies reporting will keep investors busy this week, before things slow down for the holidays. On Tuesday, Nike FedEx and General Mills release quarterl...
‘Wave lower’ for all markets? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the week before Christmas with a whimper as a tight trading range gives BTC bulls little cheer. A weekly close just above $16,700 means BTC/USD remains without major volatility am...
Stock Market’s Brutal Year Leaves Wall Street With Little Faith in a Rebound
(Bloomberg) — A brutal year for US stocks is drawing to a close with little conviction on Wall Street that the outlook is brightening anytime soon. Most Read from Bloomberg After charting a rebo...
Interest Hikes, Inflation, and Stagflation: Watch the Fed in 2023
Inflation has raged over the past year and a half, jumping 7.7% in the 12 months through October. The Federal Reserve responded by raising interest rates. The central bank started in March, though man...
Why Atlanta Tops the Hottest 2023 Real Estate Markets
Atlanta is hot. Georgia’s capital tops the National Association of Realtors’ list of markets to watch in 2023, based on 10 metrics, including housing affordability, employment conditions, and populati...
DraftKings Is Questioned by the Market. Citi Says the Stock Is a Buy.
DraftKings doesn’t get enough credit from the market, says one Citi analyst, citing the company’s ability to grow as more states legalize online sports betting. In a research note issued Thursday, Cit...
Bahrain Telecom Operator Starts Accepting Crypto Payments – Emerging Markets Bitcoin News
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows...
US Financial Regulators Urge Congress To Pass Cryptocurrency Spot Markets Legislation
A council consisting of the US’s top financial regulators is urging Congress to regulate cryptocurrency spot markets. The Financial Stability Oversight Council, made up of the heads of the U.S. Securi...
Why Some Longer-Term Investors Are Now Concerned
Amazon box. getty AmazonAMZN is no longer an exciting start-up operation even though a few Wall Streett analysts still like to think of it that way. In fact, the big online retailing outfit is taking ...
ReduX: Hi-Tech Crypto Investment with Token Can Be Switched to Shares of Traditional Stock Markets
The global market is developing exceptionally fast, and with this comes new investment opportunities. ReduX Technologies, an innovative Swiss hi-tech company, is paving the way for a new kind of crypt...
Bitcoin and equities roll over as markets digest another round of rate hikes: MacroSlate Report
On Dec. 13., a further decline of CPI to 7.1% was met by an expected rally in equities and a drop in the U.S. dollar and treasury yields. On Dec. 14., Powell increased interest rates by 50bps to a new...
Stocks Could Return About 10% in 2023—But First, They’re Going to Fall
For U.S. investors, 2023 could seem like two years wrapped in one, with the stock market first falling in anticipation of a recession, only to rebound as the outlook improves toward 2024. The one cons...
Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan
Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...
The Fed Is Making a Mistake—and the Stock Market Will Pay the Price
We all make mistakes—but the Federal Reserve may be making a bigger one than most. That could mean another difficult year for the stock market in 2023. Those concerns were front and center this past w...
Binance’s BNB, other altcoins hit hard after a humdinger of a week
Altcoins are sliding after a whirlwind week featuring a CEO in handcuffs, a central bank likely to keep hiking rates for the foreseeable future and an accounting firm that’s given up on crypto f...
Apple Stock Breaks Below Key Support.
Apple (AAPL) – Get Free Report stock fell 4.7% on Thursday, outpacing the declines we saw in both the Nasdaq and the S&P 500. Only Netflix (NFLX) – Get Free Report declined more than...
Bitcoin slips, struggles to hold $17,000, Binance’s BNB slumps even further
Cryptocurrencies and crypto-related stocks were down in line with broader financial markets after a busy week of economic data and, of course, the arrest and charging of Sam Bankman-Fried. Bitco...
Retail stocks including Macy’s, Target get smoked as markets tank after retail sales miss
The Grinch might be a short-seller this Christmas season. Retail stocks were tanking across the board on Thursday, as a much worse-than-expected November retail sales report early Thursday, combined w...
Markets for Critical Minerals Are Too Prone to Failure
Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...