(Bloomberg) — Stocks extended a rebound amid a focus on earnings and as the UK’s efforts to foster greater stability in its volatile bond market buoyed sentiment toward riskier assets. Most Read...
Tag: Markets
Mango Markets Proposes to Refund Victims after $114m Hack
Following its recent hack, Solana-based DeFi protocol Mango Markets proposed a plan to refund victims. This information was first disclosed in the platform’s Discord on Monday. The team will cro...
Jim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their m...
Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it...
Jim Cramer says bank stocks could be the new market leaders
CNBC’s Jim Cramer on Monday said that financial stocks are replacing tech names as the new market leaders. “I always thought the group had the potential to become a leader again, but the b...
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Morgan Stanley Weal...
American Airlines pilot union prepares to seek federal mediation in contract talks
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract nego...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
Markets Shocked as China Postpones Release of GDP Data – Trustnodes
Market analysts have been surprised by the decision of China’s National Bureau of Statistics (NBS) to postpone the release of Q3 GDP data which was due on Tuesday. A spokesperson said that the change ...
Sell into strength, still bullish on Apple, TJX best
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. Sell into any strength Stil...
Mango Markets Exploiter Owns Up
An individual named Avraham Eisenberg has come out and claimed responsibility for the $117 million exploit on the Mango Markets platform. “Trading Strategy” Or Hack? After being identified by the in...
DeVere Group CEO Unveils End-of-Year Prediction for Crypto Markets, Says Opportunity Awaits Bullish Investors
The CEO of financial consultancy giant deVere Group says that volatility in the crypto markets is about to present opportunities to those who are long-term bullish on the asset class. In a recent blog...
Bank of America Stock Leaps On Q3 Earnings Beat, Solid Loan Growth
Updated at 9:33 am EST Bank of America (BAC) posted better-than-expected third quarter earnings Monday, with solid net interest income gains offsetting the impact of big jump in provisions for bad l...
Mango Markets Exploiter Returns Funds, Issues Statement On Twitter
In the recent news, Mango Markets, a decentralized crypto platform based on Solana, experienced an exploit. According to a source, the attack led to a loss of $114 million worth of crypto tokens. Expl...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
Mastercard will help banks offer cryptocurrency trading
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard is looking to bring crypto to the masses by making...
7 US economic events to move financial markets before Christmas
Like it or not, the trading year is about to end in less than 2.5 months. So besides the US dollar’s strength, 2022 has brought only pain to US equity and bond investors. So is there scope for financi...
Finance Minister Jeremy Hunt delivers emergency policy statement
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...
Mango Markets Exploit Plot Revealed
Avraham Eisenberg, claiming to be part of the group that exploited Mango, said the way the protocol is designed left it vulnerable The Mango team says it is in the process of recouping a portion of th...
Markets trade flat but Quant posts impressive 23% gain
The total cryptocurrency market cap saw net outflows of $17.72 billion since the last wMarket report. As of press time, the total crypto market cap stood at $923.91 billion, down 1.9% since Oct. 13. B...
China’s new growth goals require a change for attracting foreign investors, official says
A man walks along the Bund in Shanghai on Oct. 17, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — A Chinese official confirmed Monday a shift in the country’s growth goals and indicated t...
Kevin O’Leary Expects Bitcoin to Go up When Stablecoin Transparency Act Passes – Markets and Prices Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects the price of bitcoin to go up when the Stablecoin Transparency Act passes, which he believes could be soon after the November midterm election...
The top 25 market events of the last 25 years
On an October morning 25 years ago, MarketWatch started providing real-time news and market data to the general public on the internet. Individuals were fleeing their stockbrokers for new online platf...
How Alternative Investments Saved the Day for Big University Endowments
University endowments, battered by stock-market losses, posted their worst fiscal year since the financial crisis. The largest funds, however, were helped by higher allocations to alternative investme...
Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap
(Bloomberg) — Investors are girding for another volatile week in markets, with Asian stocks poised to open lower, major currencies vulnerable to dollar strength and bond yields elevated amid per...
Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising
The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...
Stock market’s wild gyrations put earnings in focus as inflation crushes Fed ‘pivot’ hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for 2023 and ...