This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, October 12, 2022 Today’s newslett...
Tag: Markets
Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit – Markets and Prices Bitcoin News
46% of around 55 fintech and cryptocurrency specialists believe ethereum is undervalued following The Merge, according to a recent survey published by the comparison website Finder.com. With less than...
NASA aims for mid-November launch of Artemis I moon mission
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at...
Delta, Starbucks link loyalty programs in bid for repeat customers
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Delta Air Lines and Starbucks are linking their loyalty programs, marking ...
United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
Polygon (MATIC) Whales Suddenly Move Over $200,000,000 in Crypto As Markets Consolidate
Two large Polygon (MATIC) whales are moving gigantic troves of MATIC this week as the crypto markets consolidate. On Monday, an unknown wallet transferred 55 million MATIC worth more than $45.3 millio...
Crypto analyst believes Ethereum will kick-start ‘one of the biggest bull markets’ in history
As the cryptocurrency sector continues struggling to regain its strength, one analyst anticipates an exceptionally bullish future for its second-largest asset by market capitalization – Ethereum (ETH)...
Further 20% fall in U.S. stocks ‘certainly possible’: IMF director
A shift in investor sentiment could see a further 20% downside for U.S. stock markets, according to the International Monetary Fund’s director of monetary and capital markets. IMF research found...
Mango Harvest – Hackers Steal $100 Million From DeFi Platform Mango Markets
Mango Markets, a decentralized trading platform on the Solana blockchain, has become “ripe for harvest” when it fell victim to hackers who stole more than $100 million from the platform, Fortune repor...
How Crypto Responded To DeFi Platform Mango Markets Hack
Within days from the Binance bridge exploit, the crypto community saw another incident with the Mango Markets hack on Wednesday. Blockchain security company OtterSec claimed earlier today that the DeF...
Mango Markets Mangled by Oracle Manipulation for $112M
Mango is currently investigating an exploit of the oracle price feeds for its own governance token The hacker responsible is asking DAO members to vote on a proposal that would return a portion of the...
Service Corporation International is a good stock to own
MGM Resorts International: “I don’t really care for that group, but you know what, I think anything can bounce in that business.” Rio Tinto PLC: “I do think that it represents ...
Stocks Sink After BOE Warning Rattles Investors: Markets Wrap
(Bloomberg) — US stocks turned sharply lower in late trading after comments by the Bank of England chief on removing market support rattled investor sentiment. Benchmark Treasury yields rose and...
Investors will be ‘rewarded’ when the Fed stops hiking rates
CNBC’s Jim Cramer on Tuesday told investors that good things will come to those who wait for the Federal Reserve to stop raising interest rates. “I always say there’s no give without...
Jim Cramer goes over the best and worst Q3 performers in the S&P 500
CNBC’s Jim Cramer on Tuesday gave his take on the winning and losing stocks in the S&P 500 during the third quarter. “This is a harsh market with harsh criteria. Constellation Energy a...
Charts suggest Twitter, Valero and Occidental could rally
CNBC’s Jim Cramer on Tuesday said that there are three stocks that could be set to rally. “The charts, as interpreted by Carolyn Boroden, suggest that Twitter, Valero and Occidental [Petro...
Bank Of England ‘Unnecessarily’ Spooks Markets. Dollar To Get Even Stronger.
The dollar is up over 20% against the pound. Meanwhile, in Brazil, an emerging market, the dollar is … [+] down 4% so far this year. (Photo Illustration by Matt Cardy/Getty Images) Getty Images ...
American Airlines raises revenue forecast after strong summer travel season
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines said Tuesday that its third-quarter sales likely came in better than it previously e...
As BTC And ETH Prices Fall Below Support, Crypto Markets Continue to Experience Bearish Momentum
The price of cryptocurrencies continues to fall as BTC struggles to hold support at $19k and ETH breaches the $1,300 level. This follows the bearish momentum that emerged during yesterday’s indigenous...
Researchers Expect Midterm Elections To Boost U.S. Markets, Here’s Why
As American votes on November 8, 2022. What’s the expected market impact? Researchers have found a … [+] surprising effect. (Photo by Frederic J. BROWN / AFP) (Photo credit should read FRE...
N26 losses widen after ramping up spending on fraud controls
The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its plat...
Bitwise CEO says bear markets are moments for making fortunes, projects crypto rally in 2024
The 2022 crypto market downturn has impacted the investors’ activity as a majority await on the sidelines for a possible rally before getting involved. However, the current bear market is characterize...
China rushes to control new Covid cases across the country
Workers in Shanghai’s Changning district put up fencing on Oct. 7, 2022, around a neighborhood lockdown after reports of new Covid cases. Hector Retamal | Afp | Getty Images BEIJING — New Covid ...
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today – Markets and Prices Bitcoin News
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns bitcoi...