Bitcoin and other cryptocurrencies are limping out of a historically bad year, but it’s not all doom and gloom for 2023, according to one crypto executive who pretty much called the late-2021 market t...
Tag: Technology
Tesla Suspends Production in a Key Market
It’s been a nightmarish year-end for Tesla. It is the complete opposite of what its charismatic and visionary CEO, Elon Musk, promised in October. “We’re looking forward to a record...
Southwest, Tesla, Alibaba, NIO, and More Stock Market Movers Tuesday
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Johnson & Johnson is Investing Billions in Clinical Care Solutions
For decades, Johnson & Johnson (J&J) has been a household staple, with products ranging from band-aids to moisturizers. Apart from just household goods, however, the company has also invested ...
Founders of billion-dollar company from India share tips for success
Harsh Jain says it’s an “open secret” that he doesn’t use his own fantasy sports app — for fantasy football, at least. “I am still committed to fantasy football on Fanta...
Rivian Is Having a Horrible Year
What a horrible year: Rivian would be tempted to say. Everything went wrong on the stock market for the young electric vehicle manufacturer, considered one of Tesla’s most serious rivals. Let&...
Opinion: Opinion: FTX was a warning. We must plug the other holes in the Swiss cheese.
FTX’s unraveling should not have come as any great surprise. When an unregulated market like crypto is opened to financial novices, mistakes are bound to be made and fraudsters are sure to take advant...
FTX, Luna, Celsius, Voyager: The Year of Crypto Bankruptcies
When the subject is cryptocurrencies, bitcoin usually dominates. The most popular of the digital currencies has often been confused by the general public as the one representing the entire cryptocurr...
10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks
Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist to figure out why. Runaway inflation gnawed through household budgets as prices soared o...
Buy now pay later vs. credit cards — which one is better for you?
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...
A Reckoning for Crypto and FTX
To the Editor:I’ve been hoping for some sort of catalyst that would implode the crypto market, and it has finally happened (“The Crypto Ice Age Is Here. What’s Ahead for Bitcoin and the Stocks,” Dec. ...
Meme Token Dogecoin Edges Past Coinbase. It’s Been That Kind of Year in Crypto.
Coinbase Global went public in 2021, with a debut valuation of a snappy $85 billion. This year hasn’t been exactly bountiful for the U.S.-based online crypto broker, with rising interest rates hitting...
Elon Musk Warns About a Bad Decision
The deterioration of the economic climate has been one of the main concerns for investors for several months now. This is reflected in particular in the fall of nearly 33% of the Nasdaq 100 stock mar...
The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas
Plenty of gamers have woken up on Christmas morning in the past two years feeling disappointed that there wasn’t a gaming card under the tree — the gear was too often unavailable, or selling for much ...
Comcast Customers Face a Huge Holiday Data Breach
Comcast (CMCSA) – Get Free Report customers can’t find a victory. First, many of them are facing new year’s price hikes and now the company’s customers are dealing with another...
“I knew What I Was Doing Was Wrong,” Says FTX Co-Founder
The situation is getting worse for Sam Bankman-Fried, whose crypto empire went bankrupt just days after being at the center of the crypto sphere. The regulators, who are trying to piece together what...
Stocks Limp Toward 2023 as the Data Show Few Signs of a Clear Direction
Stocks limped on the low volumes of the pre-Christmas week, battered by conflicting data and leaving investors with a muddled outlook going into 2023. It’s a dynamic in which good news and bad news te...
Micron’s recovery from ‘worst memory downturn in 13 years’ will take time, analyst says
Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while. Late Wednesday, Micron MU, ...
Will Cathie Wood’s ARKK Fund Bottom This Year? Check the Chart.
It hasn’t been this bad for growth stocks in 20 years, since the dot-com boom and bust. If the ARK Innovation ETF (ARKK) – Get Free Report was around then, it would have likely experienced mov...
What to expect for the stock market in 2023 after the biggest drop in 14 years
Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to b...
Caroline Ellison says she’s ‘truly sorry for what I did,’ as she pleads guilty
Caroline Ellison has apologized for stealing billions in customer deposits at crypto exchange platform FTX to make bets at Alameda Research, the hedge fund she ran. “‘I am truly sorry for what I did.’...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...