(Bloomberg) — U.S. equity-index futures dropped with European stocks amid concern the resolve of central banks to continue their fight against inflation will tip the economy into a recession. Mo...
Tag: Markets
The Crypto Ice Age Is Here. It Could Get Even Worse.
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 ...
China’s sudden ‘reopening’ reveals new economic challenges
People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan Zhang | Afp | Getty Im...
Stocks plunge after rate hikes, weak retail sales rattle markets
U.S. stocks tumbled Thursday as Wall Street reeled from another sizable rate hike by Federal Reserve officials and assessed similar moves by monetary policymakers across the Atlantic. A disappointing ...
Pfizer and Moderna Shares Break Out. Here’s the Trade.
Drug stocks have been on fire lately, and over the past few weeks, the two leading covid-19 vaccine makers, Pfizer (PFE) – Get Free Report and Moderna (MRNA) – Get Free Report, have surg...
NASDAQ-100 Weakens Further: A Price Chart Analysis
Nasdaq, Nasdaq-100, Apple, growth getty AppleAAPL , MicrosoftMSFT and AmazonAMZN are the 3 biggest components of the NASDAQ-100 Index and it’s been months since any of them have seen higher highs. Inv...
Quants May Be Forced to Sell $30 Billion of Stock Futures as Markets Drop
(Bloomberg) — Thursday’s stock selloff sent the S&P 500 to levels that likely made bears of certain types of rules-based investors. Most Read from Bloomberg Commodity trading advisers, who p...
Trader Who Sold Bitcoin at the Top Returns to Crypto Markets, Accumulating BTC, Ethereum, XRP and One Additional Altcoin
A savvy trader who sold Bitcoin (BTC) at its peak has returned to the crypto markets, accumulating BTC, Ethereum (ETH), and other altcoins. In a new strategy session, pseudonymous crypto analyst DonAl...
First Hong Kong bitcoin, ether ETFs lure nearly $75 million with trading set to begin Friday
CSOP Asset Management, a China Southern Asset Management subsidiary, will list the first bitcoin and ether ETFs on the Hong Kong Stock Exchange on Friday. CSOP Bitcoin Futures ETF and CSOP Ethe...
Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Netflix— Netflix tumbl...
Netflix Stock Tumbles Amid Doubts Over Ad-Service Viewer Targets
Updated at 11:10 am EST Netflix (NFLX) – Get Free Report shares slumped lower Thursday following a report that suggested the online streaming service isn’t building a big enough audience ...
ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 EST. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference ...
Tesla, Warner Bros. Discovery, Lennar and more
Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla fell 1.2% in premarket trading after an SEC filing showed that Elon Musk sold another $3.6 billion in shares. The stock i...
Equities Decline as Fed Shock Halts Global Rally: Markets Wrap
(Bloomberg) — US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer. Most Read ...
SmarterWorx Presale Is First-Mover To Bring DeFi to Art Markets — Infusing With Aptos and Fantom
Advertisement     Decentralized finance (DeFi) cryptocurrency platforms have had a major impact on the non-fungible token (NFT) market. They’ve provided new liquidity ...
Tesla Stock Isn’t Out of the Woods Yet. There Are Too Many EVs.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
One Altcoin Is Significantly Outperforming Bitcoin and Crypto Markets Amid Collapse in Trust, Says Analyst
A popular crypto trader is analyzing how one decentralized exchange (DEX) altcoin has outperformed the vast majority of the crypto market in the past month. In a new YouTube video, the anonymous host ...
Crypto markets hit harder by Terra, Celsius and 3AC than FTX: Chainalysis
The collapse of the crypto exchange FTX wasn’t the most impactful event for crypto investors this year — at least from a market-wide perspective. That award is shared by the de-pegging of Terra&...
Recession fears could trigger a ‘lipstick’ effect on deal activity next year
In one of the biggest media mergers in history, AOL acquired Time Warner for $182 billion in 2000 to form $350 billion mega-corporation, AOL Time Warner Erik Freeland | Corbis Historical | Getty Image...
Binance Crypto Exchange Faces Test as Customers Withdraw Funds
There’s nothing in crypto like the New York Stock Exchange, but if the industry has anything close, Coinbase Global and Binance fill that role. Coinbase (ticker: COIN) is based in the U.S. and provide...
Elon Musk sells another huge chunk of Tesla shares
Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to a financial fi...
Is There Still Time to Buy AT&T Stock? The Chart Hints.
AT&T (T) – Get Free Report has been a love-hate stock over the years, including this one. The stock tends to boast a big dividend yield and low valuation, but elevated debt levels and low g...
Investors bolting from after Fed speech are too hasty, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt ...
Jim Cramer says he likes these 5 consumer staple stocks in 2023
CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re ...
Record quarter as revenue climbs
Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reute...
Bitcoin miner CleanSpark reports $42.3 million net loss, missing estimates
Bitcoin miner CleanSpark reported $26.2 million in revenue, missing the average estimate of $27.1 million. The non-GAAP net loss of $42.3 million was also worse than the estimate of $15.4 million for ...
Bitcoin, crypto prices fall on Fed’s latest decision, US stock indices drop
Crypto markets pared gains alongside traditional counterparts as the Federal Reserve increased interest rates by 50 basis points. Bitcoin dropped 2%, trading at $17,926 at 2:20 p.m. EST followi...
Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not over despite some promising signs lately. Keepi...
The Fed projects raising rates as high as 5.1% before ending inflation battle
Federal Reserve Bank Board Chairman Jerome Powell answers reporters’ questions during a news conference following a meeting of the Federal Open Market Committee (FMOC) on November 02, 2022 in Wa...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
AMD Is Morgan Stanley’s Top Chip Stock Pick for Next Year
Morgan Stanley says Advanced Micro Devices stock is providing an attractive buying opportunity on the back of its strong lineup of server processors. On Thursday, semiconductor analyst Joseph Moore ma...