CNBC’s Jim Cramer said that three corporate deals announced on Monday helped push stocks up. “Mergers matter. When companies start buying each other at a big premium to what the marketR...
Tag: Markets
Over $100,000,000 in Shorts Liquidated As Crypto Markets Bounce on Inflation Data and SBF Arrest
Crypto traders are experiencing large short liquidations triggered by news of Sam Bankman-Fried’s arrest and the latest consumer price index (CPI) data. According to the U.S. Bureau of Labor Statistic...
Jim Cramer’s Investing Club meeting Monday: Fed, oil stocks, Disney
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 Monday’s key moments. The Fed is winning Watching...
Markets Climb As Inflation Keeps Cooling Off
Key Takeaways The CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s, and 0.2% lower than expected. The crypto market reacted positively to the news, with BTC and ETH...
The Market Wants to Celebrate Slowing CPI, But the Fed Could Spoil the Party
Stocks continue to move higher as market players await the CPI report at 8.30 am ET. The S&P 500 jumped 1.4% on Monday and held above key support of over 3900. Last month the S&P 500 rose arou...
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
Prices rose less than expected in November, up 7.1% from a year ago
Prices rose less than expected in November, the latest sign that the runaway inflation that has been gripping the economy is beginning to loosen up. The consumer price index, which measures a wide bas...
U.S. inflation shows signs of cooling at 7.1% in November, below estimates
Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Coinbase adds 19 million verified users in 2022 despite crashing crypto markets
As more individuals utilize Bitcoin (BTC), and other cryptocurrencies, Coinbase (NASDAQ: COIN) has recorded increased user growth in recent years. Although the crypto sector is now in a bear market, w...
Oracle, Boeing, Moderna and more
Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle gained 3% in the premarket after the business software giant posted top and bottom line beats for its latest quarter....
Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning – Finance Bitcoin News
Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023...
Oracle Stock Rises on Strong Earnings
Oracle shares were moving higher late Monday after the company posted better-than-expected financial results for its latest quarter. The enterprise software giant continued to see success in shifting ...
All eyes are on tomorrow’s crucial inflation report. Here’s how the Fed, the economy, and markets could respond
Americans have grappled with record gasoline prices and soaring food costs this year in a cost-of-living crisis that is reminiscent of the inflationary 1980s. Year-over-year inflation, as measured by ...
Crypto Problems Grow: Binance Might Face Money-Laundering Charges
The end of the year is proving very eventful, even tumultuous, for the crypto industry. The fledgling blockchain-powered financial-services industry is still wondering what and who will be the collate...
Nvidia Stock Runs Into Resistance. Here’s How to Trade It Now.
Nvidia (NVDA) – Get Free Report stock slumped earlier this year, but it has found its footing and enjoyed a monstrous rally. The graphics-chip specialist’s shares bottomed on Oct. 13. Sin...
Crypto, Equities Markets Are Watching These Key Events This Week
One thing markets hate is surprises, and if this week doesn’t go according to plan, they could be in for a rude awakening. Equity and crypto markets remained relatively tame Monday as traders aw...
Horizon Therapeutics, Coupa Software, Weber and more
Check out the companies making headlines in midday trading. Horizon Therapeutics – Shares of the drugmaker jumped 15.5% after the company announced it has agreed to be acquired by Amgen in a deal valu...
Binance and Its CEO at Risk of Criminal Charges Over AML Rules: Report
The cryptocurrency exchange Binance and executives including CEO Changpeng Zhao are at risk of U.S. criminal charges over compliance with U.S. money-laundering laws and sanctions, according to a repor...
Cumberland sees better days for crypto in 2023 after market ‘rewires itself’
Cumberland sees adoption leading to a market recovery in 2023, but only after a “spat of volatility” as the “market rewires itself.” Jonah Van Bourg, the firm’s head of trading, said he expects ...
Bitcoin flirts with $17,000 as Binance token price plunges with big week ahead for markets
Cryptocurrencies and crypto-related stocks had a mixed start to the week, while GBTC saw the discount on the fund’s net asset value approach 50%. Bitcoin whipsawed above and below $17,000 ...
Sam Bankman-Fried Attempted To Collapse Crypto Markets Last Month in Desperate Attempt To Save FTX: Report
Disgraced crypto founder Sam Bankman-Fried reportedly tried to disrupt the digital asset markets in November in a last-ditch effort to save his failing exchange, FTX. In a Wall Street Journal (WSJ) re...
Hackers copied Mango Markets attacker’s methods to exploit Lodestar: CertiK
According to a post-mortem analysis provided by CertiK of the $5.8 million Lodestar Finance exploit that occurred on Dec. 10, 5. The hacker burned a little over 3 million in GLP, their profit on this...
Consumers see inflation easing considerably in the next year, New York Fed survey shows
Shoppers carry bags of purchased merchandise at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Consumers grew more optimistic about inflatio...
Horizon Therapeutics, Coupa Software, Rivian and more
Take a look at some of the biggest movers in the premarket: Horizon Therapeutics (HZNP) – The drugmaker’s shares surged 14.7% in the premarket after it agreed to be bought by Amgen (AMGN) for $1...
ReduX: Hi-tech Crypto Investment with token which can switched to shares of the common capital markets.
The global market is developing exceptionally fast, and with this comes new investment opportunities. ReduX Technologies, a innovative Swiss hi-tech company, is paving the way for a new kind of crypto...
Rivian Pauses Its Electric Van Tie-Up With Mercedes
Rivian Automotive has paused its joint venture to build commercial vans with Mercedes-Benz Group in Europe just three months after it was announced. The electric-vehicle maker, whose stock has collaps...
Horizon Therapeutics, Coupa Software, Rivian, and More Stock Market Movers
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Bitcoin, Ether down as markets brace for November inflation data
Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin. Investors await November’s consumer price ind...
SpaceX launches Japanese ispace lunar lander first mission
A long exposure photo shows the path of SpaceX’s Falcon 9 rocket as it launched the ispace mission on Dec. 11, 2022, with the rocket booster’s return and landing visible as well. SpaceX Ja...
NASA completes Artemis I moon mission with Orion capsule splash down
The Orion capsule splashes down in the Pacific Ocean on December 11, 2022. NASA TV NASA’s Orion spacecraft splashed down in the Pacific Ocean off the coast of Baja California, Mexico on Sunday, ...