Changpeng Zhao, CEO of Binance, believes in the stability of crypto amid a global downturn in both the equities and the digital assets markets. In an interview at the Web Summit in Lisbon, Portugal, Z...
Tag: Markets
Here’s the key change in the Fed’s statement that’s moving markets
The Fed introduced a key change to its policy statement on Wednesday, which Wall Street traders are interpreting as a sign that the central bank could soon slow its rake hikes. Notably, the statement ...
SoFi Stock Leaps on Narrower-Than-Expected Loss and Revenue Beat
SoFi Technologies was surging after posting a narrower-than-expected third-quarter loss and revenue that exceeded forecasts. SoFi (ticker: SOFI), the financial-technology company, reported third-quar...
Yum Brands (YUM) Q3 2022 earnings
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Image...
BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’
Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop of mining industry consolidation. The $5.9 million purchase of the Ant...
LTK Accelerates Global Expansion with Appointment of New General Manager of International Markets
Former Groupon and eBay executive, Jeremy Paterson, joins LTK to lead growth of creator-guided shopping platform in Europe, South America and Asia-Pacific Region LTK Expands Creator Commerce platform ...
Xpeng electric car deliveries drop in October to half of Nio’s
Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Ima...
Eli Lilly CEO on guidance cut, potential obesity drug, Alzheimer’s study
Eli Lilly (LLY) CEO David Ricks on Tuesday expressed optimism around the drugmaker’s innovation pipeline Tuesday, a stance we share despite the Club holding’s cluttered quarterly report is...
CVS, Estee lauder, Canada Goose and others
Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also ...
These 8 stocks can withstand the Fed’s tightening cycle
CNBC’s Jim Cramer on Tuesday offered investors a list of stocks that he thinks will weather the market turbulence ahead. Here are his picks: Constellation Brands Eli Lilly Mondelez Kraft Kellogg...
‘Shock and Awe’ Coming to Bitcoin and Crypto Markets As Macro Conditions Worsen: Analyst Nicholas Merten
Crypto analyst Nicholas Merten says the crypto bear market is not over and macroeconomic forces will likely drive prices lower. In a new video update, Merten tells his 513,000 YouTube subscribers that...
DuPont Ends Rogers Acquisition. Blame China Regulators.
After a wild series of events, stock in materials giant DuPont rose while shares of DuPont’s almost-merger partner Rogers Corp. plummeted. Here’s what happened: DuPont (ticker: DD) on Tuesday complete...
8 Events This Week Can Trigger Volatility in the Crypto Markets
This week could prove bumpy for crypto markets which will face macroeconomic headwinds from crucial U.S. and European economic indicators against the backdrop of looming U.S midterm elections. The U.S...
The Fed Makes Its Decision Wednesday. Expect a Big Move in Stocks.
The Federal Reserve’s big announcement on interest rates is Wednesday. The stock market will likely make a large move—in one direction or the other. The Fed is widely expected to lift its target for t...
The world’s top stock strategist called markets’ unexpected October rally—what he sees coming next isn’t as pretty
After a dismal start to the year, the Dow Jones industrial average just capped off its best month since 1976, defying the forecasts of many Wall Street analysts. But not all. The world’s top stock mar...
Bullish on Estee Lauder, Starbucks as China holds back earnings
Wall Street’s worried China’s draconian Covid-19 restrictions — which have weighed heavily on the world’s second largest economy for nearly three years — could drag down earnings at ...
Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock ...
Breaking China’s Grip on Rare-Earths Markets a ‘Pipe Dream,’ Australia Says
(Bloomberg) — Australia’s resources minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals — vital for the ...
Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $1...
Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates
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SpaceX launches Falcon Heavy rocket on Space Force mission
[The webcast is scheduled to begin at 9:26 a.m. ET. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX on Tuesday is set to launch the first Falcon Heavy missi...
BTC Consolidates as Markets Prepare for 0.75% Rate Hike – Market Updates Bitcoin News
Bitcoin was consolidating below a key resistance level on Tuesday, as market volatility rose ahead of the upcoming U.S. Fed decision. Tomorrow’s Federal Reserve meeting will likely see interest rates ...
Citizenship NFTs Being Flipped on Secondary NFT Markets
Satoshi Island could soon be a functioning community, thanks to NFTs currently being minted. NFT citizenships are already being bought and sold on secondary NFT marketplaces. And they definitely have ...
Riot Blockchain is not a buy
Palantir: “If it can get to $10, then I would skedaddle. I hate to recommend it all the way down here because it’s near the bottom.” Black Knight Inc: “The government is so fic...