MYRONIVKA, UKRAINE – JULY 29: A stork flies above a wheat field as a combine harvester of TVK Seed … [+] agricultural company harvests wheat on July 29, 2022 not far from Myronivka, Ukrain...
Tag: Markets
ETF fund manager bets on the robot boom
Artificial intelligence isn’t just a hot topic in Hollywood. While horror robot movie “M3gan” racks up millions at the winter box office, the ETF industry is seeing opportunities fro...
What The Price Charts Reveal Now
Inflation, stocks getty When the inflation readings show increased inflation, that means the Fed may want to battle it by taking interest rates higher and for longer than previously thought. Those rea...
Tron up 13.6% in 30 days as crypto markets trade flat
In the past month, many cryptocurrencies experienced upward price changes. One of them was the Tron network’s native token, TRX. According to data from leading crypto price aggregator CoinMarketCap, T...
Warren Buffett annual letter Berkshire Hathaway: stock buybacks
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S...
Berkshire Hathaway Q4 earnings 2022
Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses. Berkshire Hat...
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Warren Buffett published his highly anticipated annual letter to Berkshire Hathaway shar...
Is the U.S. Economy In Recession? What the Fed—and Everyone Else—Got Wrong.
It was roughly a year ago, after the Russian invasion of Ukraine caused an oil-price shock and the Federal Reserve kicked off its interest-rate-tightening campaign, that forecasters began warning in e...
Increased Insider Selling and S&P Valuation Are Waving Big Yellow Flags
As another trading week plays out let’s take a tally of the market. Most major equity indexes closed near their intraday highs Thursday as three of the charts managed to close above their near-t...
Tech Carried This Upturn, and Now It’s Taking the Market Down With It
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
Why is Bitcoin Price Down Today? Have the Bears Capitualted the Markets?
Bitcoin’s value dropped notably during the previous day’s close, hitting the intraday low of $23,000, incurring a loss of more than 3%. The drop was followed by a significant drop in the US markets as...
Crypto Markets Lost $40B as Bitcoin Dumped to 10-Day Low: Weekend Watch
Bitcoin didn’t react well to the latest PCE data coming from the US and dropped by almost a grand to a ten-day low. The altcoins also sit deep in the red, with the most substantial losses coming from ...
PCE Data Shakes Up Crypto Markets: Here’s What You Should Know
The release of the Personal Consumption Expenditures (PCE) data on Friday night had a significant impact on the cryptocurrency market, causing a notable decline in prices. The PCE data is well-known ...
Despite Signs of ‘Crypto Spring’ Analysts Say Too Early to Call
As the frost of crypto winter slowly melts, industry participants are beginning to feel the warmth of awakening optimism and excitement. Renewed interest in certain sectors of the industry including N...
What if Bitcoin Price Reaches $30,000? How Will the Crypto Markets React?
The current consolidation of Bitcoin is nowadays compared largely with the previous consolidations of 2015, 2019, etc. The BTC price soon after the consolidation kick-started a magnificent bull run th...
Two Ethereum Rivals Soar 93% and 45% in Just One Week, Far Outpacing Bitcoin and Crypto Markets
Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during th...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000 – Markets and Prices Bitcoin News
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. ...
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales h...
US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review
China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Buffett’s must-read annual letter lands Saturday. What to expect
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s loyal following of value investors is about to hear from the legend himself, at a crucial time when intere...
Popular Analyst Issues Bitcoin and Crypto Warning, Says Confidence in Markets Is Waning – Here’s Why
A widely followed cryptocurrency analyst and trader is revealing that he is no longer as bullish on the market as he was a week ago. Pseudonymous analyst Pentoshi tells his 676,700 Twitter followers t...
Ether, bitcoin track Nasdaq, S&P declines as new data keeps inflation fears in focus
Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...
Fed’s Mester says she has hope that inflation can be brought down without a recession
Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in Washington December 5, 2014. Gary Cameron | Reuters Cleveland Federal...
Beyond Meat, Sweetgreen, Adobe, Block and more
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies ...
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
US Futures, Asia Stocks Drop Ahead of PCE Data: Markets Wrap
(Bloomberg) — Contracts for US equities edged lower and stocks in Asia retreated as investors awaited key data for clues on the Federal Reserve’s rate-hike campaign. Most Read from Bloomberg US ...
Cathie Wood’s Ark Invest adds $3.9 million worth of COIN
Deals • February 23, 2023, 9:10PM EST Ark Innovation ETF added 53,783 Coinbase shares, while fellow fund, Ark Next Generation Internet ETF, added 9,802 shares, the company’s latest filing shows. ...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...