The European Union (EU) today agreed on the full text of its landmark Markets in Crypto Assets (MiCA) Regulation, along with an additional law to reveal the identity of persons making cryptocurrency p...
Tag: Markets
Have We Bottomed? FTX’s Sam Bankman-Fried Weighs In on State of Crypto Markets As Prices Consolidate
The chief executive of digital asset derivatives exchange FTX is naming one catalyst that he thinks could have the biggest impact on the current state of the crypto markets. In a new interview on the ...
Crypto-stocks surge as markets tick higher
Crypto-linked stocks were trading higher on Tuesday afternoon as financial markets perked up following a surprise interest rate decision in Australia. The macroeconomic environment continues to set t...
These 210 bubbly housing markets could crash 25% to 30%
You don’t need a Ph.D. in economics from the University of Chicago to understand that 7% mortgage rates are a threat to the U.S. housing market. We’re already seeing it. On Tuesday, we lea...
What Micron’s Billions Toward Semiconductors Means For Inflation, Job Opportunities, The Stock Market And More
LightRocket via Getty Images Key takeaways On Tuesday, Micron Technology announced plans to invest up to $100 billion into a new “mega-fab” plant in New York The semiconductor manufacturer and state o...
Tesla, Enphase Energy, Exxon Mobil and more
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesl...
Private Markets Investment Firm Hamilton Lane To Tokenize 3 Funds
Hamilton Lane funds to be available on a yet-to-be-determined “reputable” blockchain, spokesperson says Securitize revealed tokenized version of a KKR health care fund on the Avalanche blockchain last...
Hedge fund titan Ray Dalio steps down as co-CIO of Bridgewater Associates
Five years after hedge fund titan Ray Dalio stepped down as chief executive of Bridgewater Associates, he has officially given up control of the firm and its $150 billion in assets. As reported by Bl...
Charts suggest the market will bottom in the coming weeks
CNBC’s Jim Cramer said on Tuesday that stocks could bottom later this month and present investors with an opportunity to add to their portfolios. “The charts, as interpreted by Larry Willi...
European Council passes landmark Markets in Crypto-Assets (MiCA) regulation
The European Council has made major strides towards crypto regulation by approving the landmark European Union’s Markets in Crypto-Assets (MiCA) regulation today. The MiCA regulation will now proceed ...
York Space hits $1 billion valuation after AEI investment deal
One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an ent...
Tesla, Ford Motor, Goldman Sachs and more
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Check out the co...
Bitwise launches web3-focused ETF
Crypto index fund manager Bitwise Asset Management has launched the Bitwise Web3 exchange-traded fund (ETF), which includes exposure to five categories of web3 companies. The Bitwise Web3 ETF (BWEB) ...
Twitter, Poshmark, Rivian and more
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Che...
It may be time for the Fed to dial back its inflation battle
CNBC’s Jim Cramer on Tuesday said that recent economic data shows the Federal Reserve could start taking a softer approach to inflation. “This rampant inflation may not be as malignant as ...
Why the Federal Reserve won’t be so quick to ease up on its fight against inflation
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Federal Reserve officials this week gave their clearest signal ...
Oil Prices Slip Despite Prospect of Major Supply Cut
Oil prices fell slightly in early trading after two sessions of strong gains, ahead of an OPEC+ meeting on Wednesday when the oil group and its allies are expected to debate the biggest reduction in o...
Equity Rally Sputters Amid Fizzling Fed-Pivot Talk: Markets Wrap
(Bloomberg) — US index futures and European stocks fell as investors took a pause from a rally driven by bets for less hawkish central banks and sought more evidence that inflation is moderating...
Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices
● Bitcoin (BTC): $20,379 +4.2% ● Ether (ETH): $1,360 +3.0% ● CoinDesk Market Index (CMI): $989 +3.0% ● S&P 500 daily close: 3,790.93 +3.1% ● ...
Sorry, This Bear Market Is Probably Only Two-Thirds Over
Stocks rallied sharply Monday and Tuesday and a number of Real Money subscribers emailed me asking whether it was time to move back into stocks. The question is understandable as I have been recommend...
How To Spot A Relief Rally In Stocks And Stock Markets
stock trading with bull and bear getty After stocks sell off and make a new low, some buyers come back in and provide support for a few days, sometimes a few weeks. That’s a relief rally and it’s usua...
‘This is not healthy’: The latest advance for stocks could signal more pain ahead for markets. Here’s why
U.S. stocks kicked off the fourth quarter with sharp gains as the Dow Jones Industrial Average DJIA, +2.80% appears headed for its biggest two-day rally in more than 2½ years. But as tempting as it mi...
Micron Plans to Build Largest U.S. Chip Plant Ever
Micron Technology plans to invest billions of dollars to build a huge new chip manufacturing plant. The company says the so-called megafab will be the largest semiconductor factory ever built in the U...
Ford’s EV Sales Nearly Tripled in September. The Stock Is Surging.
Ford Motor sales fell 9% in September but electric-vehicle sales almost tripled with the auto maker’s F-150 Lightning remaining the best-selling EV pickup truck in the U.S. The automaker said total ...
Rally, selling shares, Club stocks
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 Tuesday’s key moments. Rallying stocks Trimming o...
Oil Markets Are Set Up For A Bull Run
After weeks of losses, oil markets appear to be set up for a rally as multiple bullish catalysts come together. The expected cut to OPEC+ production targets will then be followed by the end of the U.S...
Manhattan apartment sales fell 18% in Q3 as rates rose and markets declined
Manhattan apartment sales fell 18% in the third quarter, as rising mortgage rates and declining stock markets put the brakes on New York’s real estate comeback. The drop is the first since 2020,...
Visa ‘stands to lose the most’ from Fed’s new debit-card rules, analyst says
Newly solidified Federal Reserve guidelines on debit-card routing could have some impact on the financial performance of payment-technology companies, but the latest rules weren’t as onerous for the c...