Still a bear market: S&P 500 slump signals stocks never reached ‘escape velocity’

The S&P 500’s close below 3,900 on Thursday signaled the stock market’s rally off the October lows was merely a “tactical bounce,” according to a top Wall Street chart watcher. “The market’s 20-da...

After Taking A Hit During The Pandemic, Restaurants’ Breakfast Business Is Coming Back ‘With Velocity’

In Q2, McDonald’s CEO Chris Kempczinski said breakfast was the chain’s strongest performing daypart. … [+] McDonald’s The restaurant industry’s recovery has somewhat stalled th...

Bitcoin below $38k, ‘boring’ velocity, MicroStrategy’s losses- Here’s the full story

April Fool’s Day is long gone and May is here, but it’s starting to look as if Bitcoin is serious about staying under the $40k mark for now. In fact, at press time, the top coin was trading at $37,977...

‘Bitcoin Has Reached Escape Velocity,’ Claims SkyBridge’s Scaramucci

SkyBridge Capital founder Anthony Scaramucci believes that bitcoin has reached “escape velocity” and that the number of holders could reach a billion within the next three to four years. Scaramucci ma...

Bitcoin Has Reached ‘Escape Velocity’ Based on One Metric, Says Hedge Fund CEO Anthony Scaramucci

Global investment firm SkyBridge Capital founder and CEO Anthony Scaramucci is expressing bullish sentiment on Bitcoin (BTC). In a CNBC interview, Scaramucci says that the flagship cryptocurrency has ...