Solana price slumps amid FTX, Binance founder fallout

The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried. SolUSD chart by TradingView. Aggregate o...

SpaceX adds data restrictions to Starlink satellite internet service

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images E...

Tesla Stock Succumbed to Elon Musk. Investors, Beware.

Tesla stock fell again Monday—and shares have dropped below a key level that suggests more downside could be ahead. Tesla stock (ticker: TSLA) is coming off a brutal Friday. The stock opened higher to...

Crypto Markets Feared to Hit Bottoms! Should you Liquidate all of your FTT?

No sooner than Binance CEO, Chanpang Zhao (CZ) compared the FTT price plunge with the unfamous LUNA price slash, hefty withdrawals were registered in a very short time frame. Interestingly, the indica...

Activision Stock Higher As Call of Duty Powers Q3 Earnings Beat

Activision Blizzard  (ATVI)  posted stronger-than-expected third quarter earnings Monday and said its planned $69 billion takeover by Microsoft  (MSFT)  is expected to be completed by the middle of ne...

The Block: Bitcoin mining stock report: Monday, November 7

Most bitcoin mining stocks tracked by The Block traded down to start the week, while bitcoin was trading at around $20,806 by market close, according to data from TradingView. BTCUSD chart...

Lyft, Take-Two, Tripadvisor and more

A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and ...

Trading shop Cumberland says ‘uptrend’ is budding in crypto

One of the largest trading firms operating in the crypto space believes a “budding uptrend” is forming in the volatile market for digital assets.  In a Twitter thread, Cumberland—the...

Carvana, Meta, Palantir, Viatris, Walgreens and more

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point...

Philip Morris Declares Victory in Bid for Swedish Match

Philip Morris International is pushing ahead with its takeover of smaller tobacco rival Swedish Match despite falling short of winning over shareholders with around 90% of the target’s stock. On Monda...

Apple Issues iPhone Supply Warning. But the Real Issue Is Demand.

Big Tech just can’t catch a break. After a dismal earnings season, in which Apple was one of the only bright sparks, the tech giant offered up its own bad news Sunday. Apple said Covid restrictions in...

BioNTech, Meta, Apple, Ouster and more

Take a look at some of the biggest movers in the premarket: BioNTech (BNTX) – The drugmaker’s shares slid 3.4% in the premarket despite reporting better-than-expected quarterly profit and revenu...

What are Crypto Whales? Can They Manipulate Crypto Markets?

In the world of crypto, “whales” are individuals or organisations that hold enormous quantities of a particular cryptocurrency. They usually own more than 10% of crypto. For example, MicroStrategy own...

VT Markets adds diversity with bond CFDs

VT Markets announced that it had added 7 bond CFDs to its offerings. However, this gives traders a chance to gain exposure to more global markets and diversify their portfolios. The newly added bond C...

Alibaba and Other Chinese Stocks Are Rallying Again. Why It Doesn’t Make Sense.

Chinese stocks rallied on Monday as investors continued to be optimistic that coronavirus rules would be eased, despite repeated messages from authorities that China would stay the course on “zero Cov...

Meta Stock Jumps On Report of Big Job Cuts After Disappointing Q3

Meta Platforms  (META)  shares moved firmly higher Monday following a weekend report from the Wall Street Journal that suggested the social media group is planning to unveil ‘large scale’ ...

Stocks Higher, Week Ahead, Apple, Warren Buffett-5 Things To Know

Five things you need to know before the market opens on Monday, November 7: 1. — Stock Futures Edge Higher With Fed Path, Mid-Terms In Focus U.S. equity futures edged higher Monday, while the do...

Dollar Wobbles, Stocks Rise Defying Weak Sentiment: Markets Wrap

(Bloomberg) — Equities erased losses after a weak European opening, and the dollar gave up its gains, as traders took advantage of light positioning amid conflicting headlines fueling volatility...

Bitcoin Bears May Drag the BTC Price Below $20,000 This Week as Markets Remain Volatile

Bitcoin prices were deeply impacted by the resurgence of the bearish market trend that caused the price to plunge by more than 3.6% from the monthly highs. Meanwhile, the ongoing tussle between Binanc...

Tech can’t find a bottom; industrial, consumer stocks bounce

Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to kno...

Billionaire Chamath Palihapitiya Issues Warning to Investors, Says Fed on Path to Overcorrecting and Breaking Markets

Nearly a year after accurately nailing the start of a major crash in global markets, billionaire Chamath Palihapitiya is warning investors that the Federal Reserve is determined to crush demand in an ...

How phone scammers tricked Americans out of tens of billions of dollars in 2022

Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year. “It’s very cheap to set up an au...

Is BTC still correlated to the financial markets?

Join Our Telegram channel to stay up to date on breaking news coverage Fundamentals of the global economy Despite the emergence of new issues, the economy is still recovering from the COVID-19 outbrea...

Any Sign Of Relief In The Housing Markets? No, It Is Still Bad

Good luck if you want to purchase or sell a home in 2022. The normal cost of home ownership has grown by tens or hundreds of thousands of dollars as mortgage rates have risen faster than at virtually ...

Appetite for Risk Sours on Covid Zero in China: Markets Wrap

(Bloomberg) — Appetite for risk taking slumped as trading got underway Monday, sending the dollar higher and US equity futures lower after China affirmed its Covid-Zero policy stance. Most Read ...

Disney overtook Netflix as the streaming leader, and is expected to widen the lead

Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...

Think you had a bad week? Salesforce, cloud companies had some of their worst weeks ever

Salesforce Inc. and other cloud-software stocks shed red over the week, as the lining in cloud-software stocks Friday turned blood red instead of silver, sending some cloud companies and ETFs tracking...

Ethereum Firebrand Raoul Pal Says Traders Are Massively Underestimating One Sector of Crypto Markets

Former Goldman Sachs executive Raoul Pal says the potential of one crypto sector is being massively underestimated by everyone. In a lengthy Twitter thread, Pal tells his 984,000 followers that non-fu...

Crypto earnings, the Fed and bitcoin back above $21,000

Crypto prices ticked up over the past seven days as some crypto-related stocks gained after earnings.  Bitcoin was trading at $21,214 today, up about 2% over the past week, while ether gained 0....

An S&P 500 ETF delivering double-digit percentage dividends

Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&...

Here are the three biggest stories in crypto to look out for this coming week

November kicked off with a flurry of crypto earnings last week and another hawkish Fed news conference. Here’s whats on the docket for the coming week: Web Summit kicked off in Lisbon last...

Crypto Platform Mango Markets Hacked; More Than $100 Million Stolen

It’s happened again, folks. Another hack is in the books. This time, the victim is Mango Markets, a trading platform situated atop the Solana blockchain. At the time of writing, it appears as much as ...