Chinese stocks have lost roughly half their market value, or almost $1.5 trillion, over the past two years. But the damage may not be over as investors reassess their China allocations after President...
Tag: Markets
Jittery Stock Traders Eye Four Days That Will Sow Market’s Fate
(Bloomberg) — Investors just got over a hectic week, contending with a blitz of earnings from some of America’s biggest companies as well as a pile of uncertain economic and geopolitical news. B...
Retired? Here Are 3 Things You Need to Get Right.
So much financial planning is focused on getting people to retirement. Planning and investing during those golden years is even more critical because missteps can be disastrous. Spending down money i...
Japan’s And China’s Falling Currencies Should Raise Concerns For Asian Markets
getty The Japanese yen and Chinese yuan are as different as chalk and cheese. The yen is free floating and the yuan is rigidly controlled. But as the dollar strengthens in Asia due to the U.S. Federal...
Mango Markets Exploiter Says Profitable Traders Like Him Attract Jealousy and Hate
Avraham Eisenberg, the software coder and crypto trader behind Mango Markets’ $100 million exploit, believes “profitable traders” like himself attract a lot of jealousy and hate from other crypto trad...
As China-U.S. Relations Cool, Reshoring Heats Up. Honeywell and Other Stocks That Should Benefit.
The gulf between the U.S. and China is widening, which could be good news for stocks benefiting from the reshoring of industries that migrated over the past 40 years. If President Xi Jinping’s consoli...
The US housing market’s stagnation has gotten even worse
The meteoric rise of mortgage rates has zipped past another milestone this year. For the first time since April 2002, the 30-year fixed-rate mortgage (FRM) topped 7% this week, according to data from ...
Volkswagen and Porsche’s Earnings Don’t Make a Lot of Sense. The Numbers, Explained.
Text size Investors should ask themselves why Volkswagen is worth nothing when its stake in Porsche is backed out. AFP via Getty Images European auto makers Volkswagen and Porsche both reported third ...
Rising Markets Seem to See the Fed Easing. It’s Too Early for That.
What everybody knows isn’t worth knowing, according to market wisdom. The Federal Reserve will raise its key federal-funds target rate by 75 basis points this coming week, as we all know, from the cur...
Small-Cap Stocks Have Rarely Been So Depressed. 7 to Buy Now.
Longtime investor Nicholas F. Galluccio has seen his fair share of market turmoil, but one thing has remained constant over nearly four decades: a focus on finding small stocks with big prospects. Gal...
Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition – Emerging Markets Bitcoin News
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparen...
Market Does a Head Fake and the Fed Can’t Be Happy About It
After poor earnings reports from Amazon (AMZN) , Microsoft (MSFT) , Meta (META) , and Alphabet (GOOGL) , the logical move was for the market to the sell off. Even the mighty Apple (AAPL) talked about ...
There could be ‘real signs’ for the Fed to slow down
CNBC’s Jim Cramer on Friday said that next week’s jam-packed week of earnings and economic data releases could result in good news for the Federal Reserve’s battle against inflation....
Don’t Beat Yourself Up if You Missed the 9.62% I Bond Yield
People are rushing into I bonds so fast that the only place you can buy them, the government’s TreasuryDirect web site, crashed. The reason why investors are flocking to the site is that Oct. 28 is th...
Jim Cramer says he likes these 3 travel stocks
CNBC’s Jim Cramer on Friday recommended three stocks investors should add to their portfolios to take advantage of hot travel demand. Here are his picks: Cramer named travel as one of five reces...
Cramer’s lightning round: Let’s stay with Frontier
EQT Corp: “I’m going bullish, because I believe in natural gas.” Frontier Group Holdings Inc: “I’m not going to go against an airline when people seem to want to travel m...
Fake billionaire Justin Costello co-defendant settles SEC complaint
Zoom In IconArrows pointing outwards FBI Poster for Justin Costello FBI The Securities and Exchange Commission has agreed to settle a civil lawsuit against a man accused of five separate penny stock p...
GM temporarily suspends advertising on Twitter following Musk takeover
DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk’s takeover of the social media platform, the company told CNBC on Friday. The Detroit automaker, a rival to ...
Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday tr...
Crypto Markets Gain Nearly $100 Billion After Elon Musk’s Twitter Deal Boosts Dogecoin
Topline Amid a broader market rally, cryptocurrencies gained tens of billions in market value this week, partially fueled by a 40% gain for dogecoin because of Elon Musk, the world’s wealthiest man an...
New stocks, 2 trades, earnings recap
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 Friday’s key moments. Looking for new names We ma...
Dow Rallies 800 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Covid cases, controls spread in China
Covid cases and controls have increased in China this month. Pictured here on Oct. 27, 2022, is a neighborhood in Shanghai that’s been fenced in for Covid control. Future Publishing | Future Pub...
Dow Rallies 700 Points As Apple Stock Surges—But ‘Looming Recession’ Could Still Tank Markets, BlackRock Warns
Topline Major stock indexes extended a stunning October rally on Friday after tech giants Apple and Intel broke a streak of dismal third-quarter earnings reports with results that shattered expectatio...
Alibaba, JD, Baidu, and NIO Sink as China Tech Stocks Follow U.S. Selloff
Chinese technology stocks fell on Friday driving the Hang Seng Index to new lows. They seemed to be following U.S. investors who have fled from the sector after a string of disappointing earnings repo...