Topline Shares of struggling retailer Bed Bath & Beyond traded sharply lower on Tuesday following the death of chief financial officer Gustavo Arnal over the weekend, which was later ruled as a su...
Tag: stock market
Bitcoin mining stock report: Friday, September 2
Most bitcoin mining stocks tracked by The Block were down on Friday. The coin was trading at around $19,900, similar to the previous day, according to data from TradingView. Digihost was down by 11.74...
Bitcoin mining stock report: Thursday, September 1
Bitcoin mining stocks were down Thursday, some by double digits, as the coin’s value fell from the previous day. Bitcoin was trading at around $19,900 at market close, according to data from Tra...
Dow Falls 200 Points Despite Solid Jobs Report, Stocks On Track For Third Straight Week Of Losses
Topline The stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns a...
Stocks Rally As Labor Market Cools Slightly, Taking Some Pressure Off The Fed
Topline The stock market moved higher on Friday after the August jobs report came in slightly lower than expected and dropped significantly from last month, which helped ease investor concerns that a ...
The Stock Market’s Summer Rally Is Over And Investors Should Prepare For A Rough September
Topline The summer stock market rally appears to have fizzled out after steep declines in August, and experts warn investors should expect more volatility in September, which is historically the marke...
Dow Falls Over 200 Points As Stocks Kick Off September With More Losses
Topline Stocks moved lower on Thursday—adding to recent declines in August—as investors continue to worry about a period of prolonged rate hikes from the Federal Reserve, while market experts warn of ...
Bitcoin mining stock report: Tuesday, August 30
Most bitcoin mining companies fell on the stock market Tuesday, as bitcoin dropped below $20,000. The coin was priced at around $19,900 at market close, according to data from TradingView. Stronghold ...
Bitcoin mining stock report: Monday, August 29
Bitcoin mining companies tracked by The Block saw mixed results in the markets on Monday. The coin rose above the $20,000 mark and reached $20,100 by the end of the trading session, according to data ...
Dow Falls 300 Points, Bond Yields Surge As Investors Bet On More Rate Hikes
Topline Stocks fell for a third day in a row on Tuesday as the recent summer market rally continues to fizzle out, with investors growing nervous about more big interest rate hikes from the Federal Re...
Bed Bath & Beyond Faces ‘Critical Months Ahead’ As Retailer Prepares To Give Strategic Update On Turnaround Plans
Topline Shares of meme-stock favorite Bed Bath & Beyond, which have swung wildly in recent weeks, initially jumped before moving lower on Tuesday, a day before the struggling retailer will provide...
Market Experts Predict Further Volatility As Fed Rate Hikes Leave ‘Little Room’ For Soft Landing
Topline Following hawkish commentary last Friday from Federal Reserve chair Jerome Powell—who said that it would take “some time” to bring down inflation with ongoing interest rate hikes—experts warn ...
Dow Falls 200 Points—Market Selloff Continues As Investors Worry About Higher Interest Rates
Topline The stock market moved lower once again on Monday—following a sharp selloff on Friday—as investors continue to worry about ongoing interest rate hikes and tighter monetary policy from the Fede...
Bitcoin mining stock report: Thursday, August 25
Bitcoin mining companies tracked by The Block had mixed results in the markets on Thursday. The coin was trading at around $21,600 during market close, according to data from TradingView. Argo Blockch...
When Does The Unemployment Rate Actually Forecast Stock Prices?
Unemployment and inflation – key economic indicators. Getty Images The unemployment rate is a key indicator of the health of any economy. A high unemployment rate indicates that the economy is n...
Stock Market’s Good News – GDP Growth Better Than Reported
GDP growth continues at high level getty The GDP news reports say, “Recession, maybe.” However, the actual news is, “Growth!” Why the difference? Over-reliance on the “re...
Here’s Why The Fed’s Jackson Hole Symposium Isn’t A Big Deal For Investors
Topline While traders will be closely watching the Federal Reserve’s annual Jack Hole symposium for clues on future interest rate hikes, history shows that the event rarely moves markets in a big way ...
Tesla’s 3:1 Stock Split Goes Into Effect—Here’s What It Means For Investors
Topline Shares of electric vehicle maker Tesla rallied in after-hours trading on Wednesday as the company’s 3:1 stock split went into effect, the second such move in around two years, as the world’s m...
Bed Bath & Beyond Shares Jump Nearly 15% After Company Reportedly Secures New Financing
Topline Shares of Bed Bath & Beyond, a favorite with the meme stock crowd that has surged higher this month, jumped nearly 15% on Wednesday after the company reportedly secured a much-needed loan ...
Zoom Shares Sink 15% After ‘Concerning’ Earnings Miss, Analysts Downgrade The Stock
Topline Shares of video conferencing service Zoom, one of 2020’s pandemic-era stock market darlings, have continued to struggle this year, plunging 15% on Tuesday after several Wall Street analysts do...
Bitcoin mining stock report: Monday, August 22
Bitcoin minings stocks were mostly down on Monday as the coin’s value remained close to $21,000. Bitcoin was trading at $21,100 at market close, according to data from TradingView. Hut 8 was dow...
Dow Falls 400 Points As Experts Warn Bear Market Rally Is ‘Grinding To A Halt’
Topline The stock market continued to fall on Monday after the summer rally on Wall Street fizzled out last week, with investors once again growing nervous about aggressive interest rate hikes from th...
BIT Mining seeks to reassure investors as NYSE threatens to delist
Bitcoin mining company BIT Mining, which is currently trading below $0.50 a share, said that investors shouldn’t be concerned with its current stock price, despite a warning from the New York St...
Bitcoin mining stock report: Friday, August 19
Most bitcoin mining stocks fell by double digits on Friday as bitcoin’s price dropped below $22,000. The coin was trading at around $21,400 at market close, compared to$23,400 the day before. HI...
Bitcoin mining stock report: Thursday, August 18
A majority of bitcoin mining stocks fell on the stock market on Thursday, while some still recovered. Bitcoin was trading at around $23,400 at market close, according to data from TradingView. Hut 8&#...
Bank Of America Warns Of ‘Textbook’ Bear Market Rally, Predicting New Lows For Stocks
Topline Though stocks have mounted a stunning comeback from June lows as investors grow more optimistic about cooling inflation and the Federal Reserve potentially scaling back interest rate hikes, th...
The Stock Market Calls The End Of The “Recession”
Stock Market AFP via Getty Images Here’s one important thing to remember: all recessions are backdated. If our economy is indeed in one, when the NBER formally declares it, we’ll likely be most of the...
Bed Bath & Beyond Falls Over 20% After Investor Ryan Cohen Sells His Entire Stake
Topline Shares of Bed Bath & Beyond, a favorite with the meme stock crowd, plunged after analysts warned that the retailer is losing a “key support leg” in the form of activist investor Ryan Cohen...
Ford, Tesla And Netflix Are Among The Best-Performing Stocks During This Summer’s Massive Rally
Topline With the S&P 500 surging 17% since a low point in mid-June, big names like Ford, Tesla and Netflix have been among the top gainers, while several energy and consumer stocks have slumped de...
Bed Bath & Beyond Falls 20% After Disclosure Shows Investor Ryan Cohen Plans To Sell Entire Stake
Topline Shares of Bed Bath & Beyond, a favorite with the meme stock crowd, plunged on Thursday after analysts warned that the retailer is losing a “key support leg” in the form of activist investo...
BBBY Stock Is A Modern Example
Getty Images Key takeaways Shares of Bed Bath & Beyond surged 60% in volatile trading during Tuesday’s session before plunging in extended trading Wednesday The moves came after GameStop Chairman ...