Shares of Atlis Motor Vehicles surged Tuesday after making their debut on the Nasdaq Stock Market. But the electric-vehicle technology company fell sharply Wednesday after the stock had soared more th...
Tag: Markets
Crypto Analyst Doubles Down on Big XRP Rally Despite Red Markets – Here’s His Target
A widely followed crypto analyst says he’s maintaining conviction on his bullish stance for XRP until the altcoin reaches his price target. In the latest issue of the Technical Roundup newsletter, Don...
Ford’s fundamentals remain strong, despite recession worries, productions snags
The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts short...
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
Ken Griffin, Citadel at Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even ...
Crypto Markets Shed $60B (Market Watch)
The price of bitcoin headed straight south after briefly exceeding $20,000 on the highest trading volumes recorded for the past several months. The alternative coins, which were riding high yesterday,...
Two Key Dates Will Reveal U.S. Stock Market’s Fate
Studying the stock market’s movements getty Frustrated, puzzled and concerned about this sinking stock market? Hang on. It is in an important two-week period that should provide better understan...
Why Is Consumer Confidence Ticking Up Again—And What Does It Mean For The Markets?
Getty Images Key takeaways The Conference Board’s Consumer Confidence Survey results show consumer confidence rising from 103.6 in August to 108.0 in September Consumers are also overall more positive...
Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect
Billionaire investor Stanley Druckenmiller believes the Federal Reserve’s attempt to quickly unwind the excesses it helped build up for a decade with easy monetary policy will not end well for t...
Netflix is losing the streaming war amid Disney+’s rapid growth
Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series...
Biogen, Thor Industries, Lyft and more
Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer’s dru...
Bank of England asserts blockchain adoption across all markets is too complex
Jon Cunliffe, Deputy Governor of the Bank of England, said on Wednesday, September 28, that using the blockchain technology that is the foundation of crypto assets to enable rapid trading and settleme...
S&P 500 Hits 2022 Low, Markets Dip For 6th Straight Day
Topline Markets extended its losing streak Tuesday despite an early rally and the S&P 500 closed at its lowest level since November 2020 as concerns about a global recession and monetary policy lo...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...
Jim Cramer says these 5 high-yielding stocks have his stamp of approval
CNBC’s Jim Cramer on Tuesday offered investors a list of five high-yielding stocks they should have on their shopping lists. Here is his list: Ford KeyCorp Federal Realty Devon Energy ONEOK The ...
Harmonic is not a buy
Harmonic Inc: “Sells way too high on a price-to-earnings multiple for me to recommend when there’s so many cheaper stocks out there.” Cloudflare Inc: “It is okay to buy. I know...
12 stocks that underscore the carnage in the IPO market
CNBC’s Jim Cramer on Tuesday highlighted his list of “dirty dozen” companies that exemplify the losses incurred by investors who funneled their cash into initial public offerings and...
NASA’s Artemis I moon mission is likely delayed until November
NASA’s giant Artemis 1 moon rocket is rolled back to the Vehicle Assembly Building off its lauchpad, after postponing the much-anticipated mission a third time due to the arrival of Hurricane Ia...
FTX CEO Sam Bankman-Fried Says He’s Optimistic About Crypto Markets Over the Next Few Years – Here’s Why
FTX CEO Sam Bankman-Fried is forecasting a strong cryptocurrency market in the coming years for two main reasons. The multi-billionaire head of the crypto derivatives exchange believes innovation in t...
Posh Markets Inc․ to Launch the Presale of PoshCoin, the Newest Cannabis Crypto Coin – Press release Bitcoin News
press release PRESS RELEASE. New York, 09/27/22: US-based Posh Markets Inc has announced the presale of PoshCoin, the all-new cannabis cryptocurrency, on September 28, 2022. With this presale, the com...
Robot Known for Outperforming Bitcoin and Crypto Markets Flocks to Ethereum and Five Additional Altcoins As Markets Pop
A data-crunching robot with a reputation for outperforming the markets just unveiled its latest weekly crypto portfolio allocations. The Real Vision Bot interprets surveys of cryptocurrency-related me...
JetBlue, American Airlines go to court in Justice Department antitrust fight
An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images ...
Hertz, Ford, Keurig Dr Pepper and more
Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP’s electric vehicle charging unit t...
Investors believe aggressive Fed will keep stock market down for the rest of 2022, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) The Federa...
Markets Jump Following Lowest Close Since 2020, Investor Concerns Still Loom Large
Topline Stock futures jumped Tuesday morning as markets look to end its five-day losing streak, though the bear market remains at its lowest level since late 2020. Traders work on the floor of the New...
Fidelity, Schwab Backed Crypto Exchange EDX Markets
During the first half of September, 2022, a consortium of financial market giants—Fidelity, Charles Schwab and Citadel Securities—announced the launch of EDX Markets (EDXM). It was said to be the firs...
Crypto lender Nexo obtains U.S. bank charter through acquisition deal
The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak. Jonathan Raa | Nurphoto | Getty Images Cryptocurrency lender Nexo on Tuesday announced it has...
BTC Back Above $20,000 as Bulls Return to Crypto Markets – Market Updates Bitcoin News
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving ...
Cathie Wood’s new fund gives small investors access to the VC market for just $500
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP...