The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that t...
Tag: Markets
The Epic Collapse of Sam Bankman-Fried’s FTX Exchange: A Crypto Markets Timeline
After this week’s shocking (and still-unfolding) developments in the crypto industry, including the rapid unraveling of Sam Bankman-Fried’s FTX exchange and Alameda Research trading firm, ...
3Q Earnings Weren’t Bad. But 2023 Estimates Could Be Ugly.
Wall Street expected 2023 earnings forecasts to drop after third-quarter results came in. That time has come. With companies that account for some 90% of the S&P 500’s market capitalization having...
Solana Crashes 12% Overnight as Crypt Markets Bleed Out (Market Watch)
The cryptocurrency market continues to bleed out and in the past 24 hours, its total capitalization shed another $20 billion. The majority of coins are well in the red and the broader sentiment remain...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
FTX bankruptcy: Can account holders expect to get their money back?
FTX, the unraveling cryptocurrency exchange, has plummeted from its high-profile perch straight into bankruptcy court. On Friday morning, FTX and related entities including Alameda Research, its affil...
What the Stock Market and the Midterm Elections Have Common.
Investing and politics go together about as well as mango chutney and burned hair, and we prefer to focus on the stocks and leave the pontificating about the state of the nation to the Beltway pundits...
I’m a Bitcoin Investor — When BTC Hits New Bottom, I Get Excited – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin dropping. “I am a bitcoin investor,” he said, adding that when the pric...
Analysis of FTX’s Balance Sheet
November 12, 2022, 7:30PM EST • 2 min read Quick Take Financial Times publishes leaked FTX balance sheet dated to Thursday, November 10, 2022 ~$900mm liquid assets to ~$8,860mm liabilities, a ~9.85x ...
5 reasons 2023 will be a tough year for global markets
Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets ...
With Bond Markets Closed For Veteran’s Day, Can Crypto Entice Investors Today?
Join Our Telegram channel to stay up to date on breaking news coverage America celebrates Veterans Day, and the bond markets are celebrating a three-day weekend starting Friday. Historically, bond mar...
FTX users may be cashing of bankrupt crypto exchange through a Bahamas loophole
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Some FTX users appear to have f...
Ray Dalio Sees More Pain Ahead in This Debt Cycle
Ray Dalio founded Bridgewater Associates in his Manhattan apartment in 1975 and grew it into a hedge fund colossus—with about $150 billion in assets—through astute analysis of macroeconomic trends. Al...
Biggest Stock Market Rally In Years Looks ‘Overdone’ Since Fed Has Yet To Beat Inflation
Topline Investors plowed into the stock market this week after a monthly inflation report ended a streak of worse-than-expected data this year, fueling the biggest rally in years on hopes the Federal ...
BitMEX Founder Arthur Hayes Says Crypto Markets Will Come Back Stronger Than Ever – But There’s a Catch
BitMEX founder and crypto capitalist Arthur Hayes is confident the crypto markets will recover – it just may take some time. In a new analysis, Hayes says he is bullish about crypto in 2023 but thinks...
Oil Prices Could Jump in December. Energy Stocks Should Get a Jolt.
Oil prices have had a quiet November, holding steady around $90 per barrel. There’s a good chance the calm won’t last. A new set of sanctions from Europe will ratchet up the pressure against Russia an...
Stocks Rallied Dramatically. It’s Still a Bear Market
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Bear-Market Rallies Technical Strategy BTIGNov. 11: Thursday...
The Block: Bitcoin mining stock report: Friday, November 11
Bitcoin stocks were mostly up on Friday, Nov. 11. The price of bitcoin was around $16,616 when markets closed. (BTCUSD chart by Trading View) Stocks with the biggest gains in...
How AMD Stock Could Rally Another 20% to 30% From Here
Advanced Micro Devices (AMD) – Get Free Report has not had an easy run this year, but like other technology and chip stocks, it has been finding its groove lately. On Thursday, I looked at the ...
Big Pharma Stocks Are Breaking Out. Here Are Some Winners.
Big pharma stocks are trying to break out to new heights. They have reported more-than-satisfactory earnings and are expecting further progress on new pipelines of drugs. These stocks had been outpe...
Walgreens, Coinbase, Duolingo, Ralph Lauren
A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online platform for medical profess...
SpaceX shakes up Starbase leadership in Starship push
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX While Elon Musk earns daily headlines over change...
Analysis of Alameda and FTX Chapter 11 Bankruptcy Filing
November 11, 2022, 11:39AM EST • 5 min read Quick Take November 11, 2022 Alameda files for Chapter 11 Bankruptcy Protection Alameda estimates there will be funds left over to distribute to the more th...
ETH Moves Higher as Markets Continue to React to US Inflation Report – Bitcoin News
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for ...
Bonds Look Attractive Now. Why Warren Buffett Doesn’t Like Them.
Text size Berkshire Hathaway CEO Warren Buffett. Alex Wong/Getty Images Bonds don’t excite Warren Buffett even after the sharp rise in yields this year. The Berkshire Hathaway (ticker: BRK/A, BRK/B) C...
Markets Cheer Dynamic Zero COVID, Major City Mobility Tracker, Week In Review
China Last Night KraneShares Week in Review Auditors from the US Public Company Accounting Oversight Board (PCAOB) have left Hong Kong, which investors took as a positive sign that they had a successf...
Coinbase stock jumps following FTX bankruptcy filing
Coinbase shares soared in the wake of crypto exchange FTX’s bankruptcy filing. The stock rose as high as 7% from the open, according to TradingView, reaching $55.65. The stock has lost som...
China eases Covid measures, trims quarantine time by two days
BEIJING — China reduced the quarantine time for international travelers by two days, state media said Friday. Instead of making travelers stay at a centralized quarantine facility for seven days upon ...