On Aug. 15, Bitcoin (BTC) price and the wider market corrected while the S&P 500 and DOW looked to build on four-straight weeks of robust gains. Data from TradingView and CNBC show the Dow pushing...
Tag: Wall
IndyCar Fans, Get Ready For The ‘Wall Of Smack’ At World Wide Technology Raceway
The “Spectacle of Fire” — a salute to the IndyCar drivers on the parade lap of the Bommarito … [+] Automotive Group 500 IndyCar Photo When Josef Newgarden of Team Penske punted Romai...
Sinema took Wall Street money while killing tax on investors
Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equit...
Every Wall Street Trend Goes Haywire as Stock Bears Are Crushed
(Bloomberg) — Stock bears are suddenly getting crushed. Once-dependable momentum trades are misfiring. Inflation-lashed bonds are bouncing back. Most Read from Bloomberg After another expectatio...
The ‘writing is on the wall’ for ‘Chimerica’ on U.S. stock exchanges as $318 billion of Chinese equity flees Wall Street
For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. stock exchanges to comply with American listing rules. But on Friday, five of China’s biggest...
Chainlink Approaches Significant Supply Wall
Key Takeaways Chainlink gained over $0.50 in Friday’s trading session. As bullish pressure rises, LINK could gain enough momentum to advance to $10. Nonetheless, several indicators suggest that LINK ...
GE Is Worth More in Pieces. Wall Street’s Math Shows Why.
Text size GE management is breaking up the company. Luke Sharrett/Bloomberg General Electric will soon be breaking into three parts, so Wall Street is starting to value the company on a sum-of-the par...
SPAC market hits a wall in 2022 as no firms receive issuance in July
Special Purpose Acquisition Companies (SPACs) are on the ropes in 2022 as inflation and regulatory scrutiny is hitting these once market darlings from all sides. Notably, not a single SPAC was issued...
Why the jobs report could tank the stock market, according to a big Wall Street bear
The July jobs report was so out-of-the-blue hot on Friday — coming in at more than double expectations — that it may spur the Federal Reserve to be way more aggressive on interest rate hikes than mark...
Crypto Investors Are Accumulating These Digital Assets As Market Hits ‘Wall of Worry’: Analytics Firm Santiment
Crypto insights firm Santiment is revealing that the behaviors of a group of investors may be a negative sign for the market. According to Santiment, sharks, or entities that hold between 10,000 and 1...
Senator Warren proposes reducing Wall Street’s involvement in crypto
The United States Senator Elizabeth Warren is continuing her anti-crypto campaign, this time proposing legislation that would effectively shut down bank-provided cryptocurrency services, according to ...
Job cuts, smaller bonuses loom for Wall Street bankers
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Investment bankers hit with a collapse in equity and debt issuance this ye...
Elizabeth Warren Wants To Cut Ties Between Crypto And Wall Street
U.S. Senator Elizabeth Warren continues her anti-crypto stance with another effort to reduce the Wall Street foray into the crypto market. Elizabeth Warren, a member of the Senate Banking Committee, u...
SPAC market hits a wall as issuance dries up and valuation bubble bursts
Traders on the floor of the NYSE, August 1, 2022. Source: NYSE The SPAC boom is officially a thing of the past. Not a single special purpose acquisition company was issued in July as the market slowdo...
Alibaba Vows to Stay on Wall Street After SEC Threatens Delisting
Alibaba Group Holding (BABA) and HK:9988 says it will “strive” to maintain its U.S. listing, after the e-commerce provider was added to a U.S. watchlist that could result in it being boote...
Tech stocks: What Wall Street experts recommend in a bear market
Tech stocks have gotten some of their mojo back — at least for now. Some of the beaten down tech-related names have rebounded since the market’s most recent bottom on June 16. In our series R...
Crypto Exchanges are Liable to Register With Wall Street Regulator, Says SEC Chair Gary Gensler
The US Securities and Exchange Commission (SEC) Chair Gary Gensler took a dig at the unregulated crypto industry. He reiterated his argument about crypto exchange platforms being liable to register wi...
Wall Street analysts sour on Coinbase stock
The outlook for crypto exchange Coinbase’s shares has never been worse among the investment banking researchers who cover the stock on Wall Street, according to data compiled by The Block Resear...
Rich Wall Streeters Face Shock Tax Hike While Rest of Wealthy Escape
(Bloomberg) — Wealthy Americans, who were girding for the biggest set of tax increases in three decades just a year ago, now look mostly safe from higher levies for years to come. Most Read from...
‘If you’re an employee of Wall Street, you better have your eyes wide open’
Thanks to a tight labor market, employees have been able to push back against return-to-office mandates, with many simply ignoring executives calling them back to the cubicle. But things could be chan...
TXN Stock: Texas Instruments Crushes Wall Street’s Estimates
Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...
GE Stock On Win Streak: GE Earnings Should Fall, But Wall Street Sees Strong 2022
GE stock is on a winning streak but still in a long downtrend with the American industrial icon heading into second-quarter earnings early Tuesday. Analysts expect General Electric (GE) to report decl...
Stock futures fall slightly as Wall Street braces for a busy week of earnings, Fed meeting
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. stock futures fell slightly on Sunday night, coming off a positive week for the major averages, as traders brace for the busiest week ...
What Wall Street strategists recommend doing in this bear market
The year has been grueling to those holding almost every type of stock. The S&P 500 (^GSPC) is down 16% year-to-date. The Nasdaq (^IXIC) is down 24% during that same period. Even the energy sector...
Intel earnings slammed on Wall Street: ‘Such a disconnect between the company’s optimism and the current reality’
Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. Th...