Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the largest increase in 28 years as the central bank ...
Tag: Point
The Fed opts for a 75 basis point rate hike
Last night, the US central bank opted for a record 75 basis point rate hike. Another rate hike by the Fed, this time more significant The collapse of the crypto market was partly influenced by this ra...
T. Rowe Says Buy Bonds Now at ‘Most Attractive Point’ in Years
(Bloomberg) — Investors should buy bonds now because it’s the “most attractive point” in years, according to senior investment executives at T. Rowe Price Group Inc., manager of $1.4 trillion in...
Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike
It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted since 19...
Microstrategy CEO Michael J. Saylor on Bitcoin price outlook: This is ‘ideal entry point’ for investors
MicroStrategy CEO Michael J. Saylor has said that Bitcoin (BTC-USD) at its current price levels offers an opportunity and the “ideal entry point” for any investor looking to get in. Bitcoin fell to lo...
Powell says Fed could hike rates by 0.75 percentage point in July
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar ...
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressi...
Sam Zell: Fed ‘should’ raise interest rates by a ‘full point’ today
The U.S. Federal Reserve should lift interest rates by a “full point” this afternoon as it’s still significantly behind the curve, says billionaire investor Sam Zell. Zell’s re...
Fed likely to hike rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well. Central bank policymakers are entert...
A 75-basis point Fed move is not a slam dunk, former staffer says
In the last 24 hours, investor expectations for the Federal Reserve have coalesced around a 75 basis point hike, nudged in that direction by a Wall Street Journal article. Fed-funds futures markets no...
SHIB adds zero to its price point as vital altcoins plunge
Shiba Inu has other an additional zero to its tag because it returns to levels last seen in early Gregorian calendar month 2021, from wherever it rallied thousands of percent. Shiba Inu rose to succee...
This Bitcoin (BTC) Level May Present A Jumping-On Point For Investors
The world’s largest cryptocurrency, Bitcoin (BTC) has registered a volatile start to the week, crashing below the $24,000 level in the past 24 hours. Watch for the $23.4K level According to experts, B...
Ethereum In Oversold Territory As Weekly RSI At Its Lowest Point Since 2018, Is Some Relief Coming?
– Advertisement – Ethereum Weekly RSI Is At Its Lowest Point Since 2018. The crypto market is bleeding, and even top coins like ETH are no exception. It appears that the bears have been ...
Wells Fargo Sees an Appealing Entry Point in These 2 Stocks
It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected ...
Shiba Inu Adds Zero to Its Price Point as Key Altcoins Decline
Tomiwabold Olajide Shiba Inu adds zero to its price as major altcoins suffer double-digit losses Shiba Inu has added an extra zero to its price tag as it returns to levels last seen in early October 2...
Ethereum’s Long-Term Fundamentals Point to Turnaround in Price; Here’s When
Tomiwabold Olajide Ethereum network activity remains useful statistic for determining direction of ETH trend According to on-chain analytics firm Santiment, “ETH is still seeing very low levels ...
Ethereum: To buy or not to buy? The third point might save your portfolio
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The entire cryptocurrency market is still reeling following the c...
Lone Pine Alum Gaonkar Hires From Rivals Third Point, Maverick for Hedge Fund Launch
(Bloomberg) — Former Lone Pine Capital Managing Director Mala Gaonkar is grabbing talent from industry rivals as she expects to launch her hedge fund early next year with at least $1 billion. Mo...
Target raises dividend by 20%, to boost yield to nearly a percentage point above Walmart’s
Shares of Target Corp. TGT, -0.25% rallied 1.1% in premarket trading Thursday, after the discount retailer said it raised its quarterly dividend by 20%, to $1.08 a share from 90 cents a share. The new...
Celtics Vs. Warriors Odds, Point Spread, Betting Line, Picks And Predictions
SAN FRANCISCO, CALIFORNIA – JUNE 02: Jayson Tatum #0 of the Boston Celtics dribbles against Stephen … [+] Curry #30 of the Golden State Warriors during the fourth quarter in Game One of th...
The price of eggs from a Bitcoin point of view
Using bar charts, the St Louis Fed compares the price of a carton of eggs in dollars from January 2021 to the present day and then does so by substituting Bitcoin for the US dollar. The analysis of t...
Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode ...
Former Ripple Proponen Matt Hamilton Thinks XRP Will Mark $100 At Some Point
Present Director of Developer Relations at Bittensor, Matt Hamilton, has faith in XRP, and thinks that the crypto can touch a $100 mark in its price. Ripple is currently involved in a lawsuit against ...
The Boston Celtics’ Success Isn’t Dependent On Jayson Tatum’s Point Totals
Boston Celtics’ Jayson Tatum drives to the basket on Golden State Warriors’ Stephen Curry during … [+] their NBA Finals Game 1 victory on Thursday. (Photo by Matthew J. Lee/The Bosto...
Despite Interest Rate Hike, Bitcoin is at an Inflection Point – Bloomberg Strategist
As Bitcoin continues ranging between the $29K and $30K zone, the leading cryptocurrency’s inflection point is now pegged at $30,000, according to Mike McGlone, the senior commodity strategist at Bloom...
Bitcoin Is at Inflection Point, Says Bloomberg Analyst Mike McGlone
Alex Dovbnya Bloomberg’s Mike McGlone has named the biggest headwind for Bitcoin in 2022 In a recent tweet, Mike McGlone, senior commodity strategist for Bloomberg Intelligence, has opined that ...
Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.
Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...
Here is Why Turning Point Therapeutics Jumped 110%
Turning Point Therapeutics Inc (NASDAQ: TPTX) jumped 110% after announcing a definitive merger agreement with Bristol Myers Squibb Co (NYSE: BMY). Under the agreement, Bristol Myers Squibb will acquir...
Turning Point Therapeutics shares more than doubled on Friday
Shares of Turning Point Therapeutics Inc (NASDAQ: TPTX) more than doubled on Friday after Bristol-Myers Squibb Co (NYSE: BMY) said it will buy the biotech company for $4.10 billion in cash. Bristol-My...
Turning Point Therapeutics, Lululemon, RH and others
Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be a...
J.P. Morgan Sees an ‘Attractive Entry Point’ in These 2 Stocks
Did markets hit a turning point? The past couple of months brought us a seven-week losing streak in stocks, the longest such streak in over a decade, but the week before the Memorial Day holiday weeke...
MANA price analysis: Despite reclaiming above $1 mark, MANA Investors struggle to make more money near the 4-Months POC point
The Decentraland (MANA) price struggles near below the 4-months Point of control point as per the VPVR indicator after achieving the Vital round level of $1.0. Buyers fail to make more money above the...