Alex Dovbnya Prominent technical analyst Carter Worth predicted that price of Bitcoin and Ethereum would head lower Disclaimer: The opinion expressed here is not investment advice – it is provided for...
Tag: Street
Wall Street banks on a hunt for tech staff laid-off during crypto rout
After a number of cryptocurrency companies were forced to lay off a large chunk of their workforce as the result of a major crypto market meltdown, the laid-off staff now seem to be in high demand els...
‘Simply staggering.’ FedEx hit with downgrades, price target cuts as warning shocks Wall Street.
A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts. FedEx F...
US Bonds Rise as Expectations of Interest Rate Hike Sweep through Wall Street
With trust placed on the Federal Reserve Open Market Committee (FOMC), we can expect the more targeted interest rate hikes to help allay fears that inflation will be detrimental to growth. US obnd yie...
Apple Inc is now the most-shorted stock on Wall Street
Apple Inc (NASDAQ: AAPL) ended more than 2.0% down this evening on reports that it was now the most-shorted stock on Wall Street. Bernstein analyst explains why Apple launched the new iPhone 14 only d...
REIT Store Capital agrees to be acquired by GIC and Oak Street in all-cash deal valued at $14 billion
Store Capital Corp. STOR, +19.99%, a Scottsdale, Ariz.-based real estate investment trust, said Thursday it has agreed to be acquired by Singaporean sovereign fund GIC and Oak Street in an all-cash de...
Street Earnings Overstated For 73% Of S&P 500 In 2Q22
Blue double exposure of money coins stacking with bar graph for financial and investment business … [+] concept. getty Street Earnings, as reflected in Zacks Earnings, are marketed as being adju...
FTX Collaborates with Gamestop to Introduce Wall Street Investors to Crypto ⋆ ZyCrypto
Advertisement     In an official blog post released by Gamestop, FTX, the second most popular crypto exchange in the U.S, collaborates with popular game retailer Games...
Jim Cramer says Wall Street should stop the ‘time to get out’ calls
CNBC’s Jim Cramer on Wednesday said that investors urging traders to exit the market while they still can are about a year too late. “I’m done with all the ‘now is the time to ...
Street Earnings Understated For 27% Of S&P 500 In 2Q22
Blue double exposure of money coins stacking with bar graph for financial and investment business … [+] concept. getty Street Earnings (based on Zacks Earnings) overstate profits for the majorit...
Schwab, Citadel Securities, Fidelity and several other Wall Street companies began Crypto Exchange, EDX Market
Three financial market Giants declared to begin the cryptocurrency exchange EDX market. Global financial Giants Charles Schwab(SCHW), Fidelity Assets and Citadel Securities announced to begin th...
Wall Street mainstays setting up digital assets exchange with on-chain settlement
Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and...
Fidelity, Charles Schwab, and Other Wall Street Giants to Launch Crypto Exchange
Key Takeaways EDX Markets (EDXM) has announced plans to launch a crypto exchange aimed at individuals and institutions. The exchange plans to offer the best trading prices by aggregating liquidity fro...
Wall Street slump leads to 50% plunge in JPMorgan advisory revenue
Daniel Pinto, JPMorgan’s chief executive of corporate and investment bank. Simon Dawson | Bloomberg | Getty Images The deal-making slowdown that has weighed on Wall Street this year shows no sig...
AT&T CEO says Wall Street critics are wrong about the company’s promotions
““We are actually gaining customers in a lot of different places and a lot of different ways, and there isn’t any single answer to it. And I know folks want to continue to go back and say, well, it’s...
Enterprise Blockchain Provider Targets Wall Street Partners With Rebrand
The best time to revamp is during crypto winter, Symbiont said The enterprise technology infrastructure provider has partnered with Vanguard, Citigroup, Nasdaq and Franklin Templeton Investments Follo...
Dow Futures Jumps 0.5% as Wall Street Anticipates CPI Data
The Consumer Price Index (CPI) report for the month of August is billed to be released on Tuesday. The current outlook of the United States Stock market is a bullish one with the futures tied to the D...
Should institutions worry about the crypto-winter? State Street says…
According to banking behemoth State Street, global asset managers are unfazed by the ongoing cryptocurrency “winter.” In what has been nicknamed a “crypto-winter,” the prices of cryptocurrencies have ...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors – Finance Bitcoin News
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay...
Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is planning on cutting several hundred jobs thi...
12 things Yahoo Finance is hearing as Wall Street conference season heats up: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, September 12, 2022 Today’s newslette...
‘Wall Street’ Doesn’t Need Bitcoin; Bitcoin Doesn’t Need ‘Wall Street’
But before that, I need to level for clarity’s sake (and to get something off my chest): There’s an inherent ideal in Bitcoin that claims the existence of bitcoin will make all financial institutions ...
‘Highly Compelling’ Eye Drug Data Has Wall Street Stampeding To Buy This ‘Large Cap Growth Story.’ Even After $15B In Market Cap Was Added
Reuters Videos Cineworld accesses $785 mln in financial aid STORY: Cinema chain Cineworld said on Friday (September 9) that a U.S. bankruptcy court has granted it access to around $785 million. That c...
Wall Street, Fed officials warm to idea of third-straight 0.75% interest rate hike
A series of Wall Street banks lifted expectations this week for the Federal Reserve’s next move. Economists at Bank of America, Goldman Sachs, and Nomura now project policymakers will deliver a ...
Despite What Politicians Tell You, Credit Cards Are the Embodiment of ‘Main Street’
Hollywood Shuffle made it into movie theaters in 1987. It was a film that attacked racial stereotypes (and the casting that resulted from those perceptions) in cheerful fashion. Try to watch it now wi...
Wall Street Analysts Rate Stocks With a Variety of Labels. Here’s How to Read Them.
Text size Wall Street analysts slap Buy, Strong Buy, Sell, Underperform, Neutral or other labels on stocks Michael Nagle/Bloomberg Ratings can be confusing. Analysts slap Buy, Strong Buy, Sell, Underp...
Wall Street Vet, Michael Purves Has a highly bearish outlook on Bitcoin!
In a recent interview with Bloomberg, Michael Purves came forward to say that he had a highly bearish outlook on Bitcoin, which has been on since January. He further claimed that last week, his compa...
Surge in Real Rates Hits Every Asset on Wall Street and Beyond
(Bloomberg) — A big pandemic-era distortion in the world of finance is well and truly over — and the new normal is helping fuel the worst cross-asset selloff in decades. Most Read from Blo...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
Roblox stock drops as Wall Street sees a ‘Pandora’s box of problems’
Roblox Corp.’s stock continued to sell off Friday as analysts questioned growth initiatives presented at the social-media company’s investor day on Thursday and August performance that came in lower t...