A post-earnings plunge in Amazon’s stock isn’t shaking the confidence of Wall Street, which is staying largely upbeat on a view the company’s fundamentals will sharply improve later ...
Tag: Wall
Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto
Goldman Sachs has offered its first Bitcoin- (BTC)-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall Street. A spokeswoman from Goldman told Bloomberg that the mu...
Wall Street’s Latest ‘Market Manipulation’ Scandal Should Be a Wake-Up Call for Crypto
Bill Hwang may be a criminal, or he may have simply been playing the Wall Street game according to a set of unwritten but accepted rules – after all, in this day and age, cheating and lying are practi...
Wall Street Giant Goldman Sachs Makes History, Offers First Bitcoin-Backed Loan
In the latest hint that Wall Street is pushing farther into crypto, Goldman Sachs has offered its first bitcoin-backed loan. Goldman Sachs Makes History In order to aid to the institutional adoption o...
Wall Street Powerhouse Goldman Sachs Offers Its First Bitcoin-Backed Loan
Wall Street powerhouse Goldman Sachs has offered its first ever Bitcoin-backed loan to a client. According to a Bloomberg report on Thursday, the banking giant’s secure lending facility allowed a borr...
Apple beats Wall Street estimates despite supply chain disruptions
Apple (AAPL) reported its Q2 2022 earnings after the bell Thursday, beating analysts expectations on the top and bottom line and recording record revenue despite continued supply chain disruptions. He...
Crypto Market Enters Strong Correction Following the Wall Street Rout
Bitcoin and the broader cryptocurrency market have once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday, April 26. The world’s largest cryptocurrency has failed to h...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
Coca-Cola Posts Q1 2022 Results, Beats Wall Street Estimates
Coca-Cola released its Q1 2022 results which surpassed analysts’ expectations despite the pandemic and suspending operations in Russia. Coca-Cola (NYSE: KO) recently posted its Q1 earnings and revenue...
Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears
Bitcoin (BTC) saw a classic “fake out” move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders stay gloomy on BTC ou...
Stock futures fall on Sunday as Wall Street braces for a busy earnings week
Traders on the floor of the NYSE, April 14, 2022. Source: NYSE U.S. stock futures fell on Sunday night amid a four-week losing streak for the Dow Jones Industrial Average as investors weighed the like...
Top Wall Street analysts say buy Alphabet and Carvana
Earnings season is yet again upon us, with prominent names reporting this week. Volatility remains a focus for investors, and inflation has been continuing to compound pressure across all industries. ...
Dow falls 900 points amid Wall Street sell-off
US stocks closed lower on Friday afternoon as investors continued to digest hawkish remarks from Federal Reserve Chair Jerome Powell. On Thursday, the Fed Chair said the possibility of a 50 basis poin...
Bitcoin (BTC) Outpaces Wall Street’s Biggest Stocks, But There’s A Catch
While Bitcoin (BTC) stuck to a tight trading level this year, the token fared much better than several major technology stocks. Year-to-date losses in technology giants such as Alphabet, Microsoft, Am...
Crypto Billionaire Rankles Wall Street Titans With Derivatives Plan
(Bloomberg) — At a posh financial-industry gathering known for swaying palm trees and late-night yacht parties, this year’s main attraction was a face-off between a crypto billionaire and a futu...
Russian Bank Finds Novel Way to Pay Lenders and Bypass Wall Street, Sanctions
(Bloomberg) — Sovcombank PJSC will offer a bond swap to its Eurobond holders to bypass the foreign banking web that has been blocking payments of Russian borrowers after sanctions were imposed f...
Predictions from Wall Street, Goldman Sachs, Citi, SocGen
As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to t...
Russia Faces New Urgency to Dodge Default, Avoid Wall Street
(Bloomberg) — Russia’s race to avoid default just escalated. Most Read from Bloomberg The country has been inching closer after JPMorgan Chase & Co., under orders from the U.S. Department of...
Wall Street questions Lululemon 2026 financial targets
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon is setting lofty goals for growth in the next five years and laying out for analysts exactly how it plans to get there. B...
Carl Icahn McDonald’s shareholders letter calls out Wall Street ESG ‘hypocrisy’
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn released his letter to McDonald’s shareholders on Thursday, calling out compensation amon...
Starbucks’ union battle pushes Wall Street away
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
US Dollar Holds Ground Against JPY and CHN While Wall Street Rises
The global market changes have put the greenback on the right track in the forex market. The USD has outrun several currencies from the Asia-Pacific in the last 24 hours alone. Specifically, the curre...
Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs
Bitcoin (BTC) reclaimed $41,000 on April 14 as the first day of Western stock market trading after Easter painted a more bullish picture. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView An...
Wolf of Wall Street inspiration Jordan Belfort offers ‘crypto course’ for 1 BTC
Jordan Belfort, the real-life inspiration for “The Wolf of Wall Street,” presented his first cryptocurrency course called the “mastermind workshop” at his Miami Beach villa for a price of one Bitcoin ...
Will Wall Street’s ‘Capacity Discipline’ Enforcers Jump Back In As Airlines Report Earnings?
A Delta aircraft taxis at John Wayne Airport in Santa Ana in March. (Photo by Paul Bersebach) MediaNews Group via Getty Images Capacity discipline is back: it reappeared on the Delta Air Lines earning...
IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
Wall Street bullish on Coinbase stock
When looking at the broader market, as well as both the medium and short term, Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) is in a negative position as it continues on its downward traj...
Bitcoin dives on Wall Street open, DOGE price jumps on Elon Musk’s Twitter offer
Bitcoin (BTC) took a chunk out of its impulse move above $41,000 on April 14 as Wall Street opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin follows stocks d...
BlackRock’s Newest Investment Paves The Way For Digital Assets On Wall Street
Larry Fink thinks Russia-Ukraine war could accelerate the use of digital currencies © 2020 Bloomberg Finance LP Five years ago, BlackRock’s chairman Larry Fink famously called bitcoin an “index of mon...
Nvidia Stock Loses a Wall Street Supporter
The markets are in such chaos that the unthinkable has happened in 2022: Shares of king Nvidia (NVDA) are down. And down by a significant amount – 27%, as it happens. The stock has been a perennial wi...
AT&T ‘Looks More Like Verizon.’ What Wall Street Is Saying About the Stock.
Text size AT&T has spun off WarnerMedia. Andrew Harrer/Bloomberg Investors sent AT&T stock up nearly 8% on Monday after the spinoff of WarnerMedia. Wall Street analysts seem to be just as upbe...