The U.S. Federal Reserve will announce another crucial rate hike decision during the FOMC meeting on Wednesday, February 1, primarily based on the aim to reduce inflation to 2%. Considering the coolin...
Tag: Street
Wall Street Giants Eyeing Crypto Now More than Ever
The range of opportunities being seen by these firms as highlighted by Bloomberg transcends digital currency trading. Despite the mishaps that have been recorded in the broader digital currency ecosys...
A top Wall Street analyst says this EV stock could cut in half this year
Shares of Lucid Group Inc (NASDAQ: LCID) have already doubled this year but a top Wall Street analyst says they’ll give it all back over the next twelve months. Lucid shares could make a new all-time ...
Bear market unlike anything I’ve seen since starting on the Street in 1980, says short selling legend Jim Chanos
“I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previous peak earnings.” That was short selling giant Jim Chanos, founder of Kynikos As...
‘Wolf of Wall Street’ Jordan Belfort shares his outlook for Bitcoin in 2023
Former stockbroker, commonly known as the “Wolf of Wall Street,” Jordan Belfort, has delved into the possible Bitcoin (BTC) outlook for 2023 as the crypto sector attempts to exit last year’s bear mark...
The Wall Street is Coming for Cryptocurrencies: Gary Cordone
According to Gary Cordone, New York organizations are coming for crypto. These companies are allegedly devoting large amounts of resources to their operations. Cordone emphasizes the importance of col...
Netflix, Binance, the Wall Street Journal, and filing shows are all owed money by FTX
Join Our Telegram channel to stay up to date on breaking news coverage Lawyers for the insolvent cryptocurrency exchange released a lengthy list of creditors, which includes publishing houses, airline...
How did so many Jane Street traders wind up at FTX?
Established in 1999, quantitative trading firm Jane Street has grown to become a multi-billion-dollar Wall Street giant. The firm employs thousands of employees and, even though it’s not required to f...
Welcome to Purgatory on Wall Street
The stock market over the next decade will barely keep up with inflation. That’s according to an average of the 10-year projections of the eight valuation indicators I highlight in this space every mo...
Arbitrum-based DEX Vest comes out of stealth with seed round from Jane Street, others
Vest Exchange came out of stealth and revealed plans to launch a decentralized perpetual futures exchange on the Arbitrum network. The exchange has closed a seed round for an undisclosed amount ...
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisers that may offer digital asset custody to its clients without the proper qualifica...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...
Plug Power Stock Took a Dive. Here’s What Wall Street Thinks.
Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
Chip giant misses Wall Street expectations, Q1 guidance disappoints
Intel (INTC) reported its Q4 2022 earnings after the bell on Thursday, missing analysts’ expectations as the chip industry continues to struggle with slowing consumer and enterprise demand. What...
Small Business Optimism Is At A Six-Month Low — How This Impacts Main Street And Wall Street
Getty Images Key takeaways According to the NFIB’s Small Business Optimism Index, the outlook of small business owners is down to its lowest in six months, when inflation was at a pandemic-era high. T...
Opinion: Microsoft gave Wall Street hope, but then the cloud forecast turned dark
Microsoft Corp. sparked a relief rally for the cloud Tuesday, then rained on that parade after less than two hours of joy. Microsoft MSFT reported slightly disappointing holiday-quarter results, but t...
Signature Bank Responds to Inaccuracies in Wall Street Journal Article
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, addressed an article today that appeared in the Monday, January 23, 2023 edition of the Wall Str...
Nvidia to Win Big From ChatGPT Hype, Predicts Wall Street
(Bloomberg) — In the weeks since the ChatGPT artificial intelligence tool took the world by storm, Nvidia Corp. has emerged as Wall Street’s preferred pick for traders seeking to profit from its...
Aerospace Stocks Are Wall Street Favorites. 1 Analyst Sees a Risk Though.
Aerospace stocks are hot on Wall Street, pushed by analysts who expect the demand in global air travel to keep growing. There is a very real risk to the sector’s rosy year, though—rising interest rate...
Lloyds share price gains steam as Wall Street banks stumble
Lloyds (LON: LLOY) share price has been in a strong bullish trend in the past few months. It surged to a high of 50p, which was the highest level since March 29 2022. It has surged by more than 30% fr...
Goldman Sachs fourth quarter results are coming — what the Street expects
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael...
Only Half Of Wall Street Disagrees With The Federal Reserve
Fed Chair Jerome Powell gives news conference as traders work at NYSE (Photo by Spencer Platt) Getty Images The Federal Reserve’s current interest-rate-raising policy focuses on conquering too-h...
Caterpillar stock rises to 4th straight record after BofA analyst becomes top bull on Wall Street
Shares of Caterpillar Inc. rallied Friday to a fourth straight record close, after BofA Securities analyst Michael Feniger turned bullish on the belief that the construction- and mining-equipment make...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
Bank of America Posts Earnings Friday. What Wall Street Expects.
Higher interest rates are expected to drive up Bank of America ‘s fourth-quarter revenue, even as the bank is projected to see a drop in profits. Bank of America (ticker: BAC) is forecast to post reve...
Wall Street split between ‘favorable,’ ‘underwhelming’
Price pressures abated last month to close out a year of historic inflation and the most aggressive monetary policy action in decades. December’s Consumer Price Index (CPI) showed prices rose at...
Oak Street Health stock just rallied 30%: explained here
Oak Street Health Inc (NYSE: OSH) opened more than 30% up this morning after a report that CVS Health Corp (NYSE: CVS) is interested in buying the network of primary care centres. Deal could value Oak...
Oak Street Health, Frontline, Boeing and more
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Check out the companies making headlines in prem...
Oak Street Health Stock Soars On $10 Billion CVS Takeover Report
Oak Street Health (OSH) – Get Free Report shares soared higher Tuesday following a report that suggested the primary care center operator is ready to agree a $10 billion takeover by CVS Health ...
Stocks Dip, Powell, Pfizer Oak Street, Microsoft-5 Things To Know
Five things you need to know before the market opens on Tuesday January 10: 1. — Stock Futures Slip Lower On Hawkish Fed Signals U.S. equity futures slipped lower Tuesday, extending a move from...
Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes
(Bloomberg) — Wall Street tech bulls are counting on the industry’s megacap stocks to move higher before long and jump start a rebound in the S&P 500. Most Read from Bloomberg The hope is th...
Opinion: Why are my investments in a rut? That’s the way Wall Street wants it.
The Wall Street establishment doesn’t want you to read this article, and I’ll tell you why. If you’re an investor and not getting all the returns you deserve, there are lots of possible reasons. Perha...