Although stock market watchers in the Textile – Apparel sector are likely already familiar with Lululemon Athletica Inc. (NASDAQ: LULU), they may be less sure about whether or not the firm is a smart ...
Tag: Wall
Wall Street’s top strategist warns stocks have climbed into the ‘death zone’ where ‘they shouldn’t go and cannot live very long’
Investors have their heads in the clouds—or buried in the sand—and are running out of time to salvage their returns before risking a “catastrophic” end, a Morgan Stanley strategist has war...
Asian shares mostly higher as inflation worries dog Wall St
BANGKOK (AP) — Shares were mostly higher in Asia on Monday after Wall Street closed out another bumpy week with a mixed performance. U.S. futures edged lower, while oil prices advanced. U.S. markets w...
Bitcoin Mining Meets Wall Street: An Analysis of Crypto Companies
The NBER released a paper called “Bitcoin Mining Meets Wall Street”. The paper studies 13 crypto companies enlisted in the NASDAQ stock exchange. It details the choice of miners between traditional en...
Redfin Is Upbeat About This Year. So Is Wall Street.
Text size Redfin reported a smaller earnings loss than expected for the fourth quarter and full year. Elijah Nouvelage/Bloomberg Redfin has reported a smaller-than-feared earnings loss. Analysts respo...
AI Is Silicon Valley’s Next Big Thing After Crypto: Wall Street Journal
WSJ published an article on Silicon Valley’s interest in artificial intelligence. The article says that the trend-hoppers are shifting to AI from web3 and crypto. WSJ shared that programs like ChatGPT...
Wall Street Is Baffled by the Stock Market
(Bloomberg) — The bond market finally got the Federal Reserve’s message on rates, while stock investors continue to ignore it, for the most part. Most Read from Bloomberg While the mood music so...
A potential stock-market catastrophe in the making: Risky option bets put Wall Street on edge
Professional and amateur traders are flocking to a risky type of equity option that some have likened to lottery tickets, drawn by the opportunity to reap massive returns in the span of just a few hou...
US Rates May Be Heading Higher Than Wall Street or the Fed Think
(Bloomberg) — Last year, most US investors and central bankers underestimated how high inflation would climb. Now they may be underestimating how high interest rates will need to go to bring it ...
Wall Street Braces for Intel to Cut Its Record Dividend
(Bloomberg) — Intel Corp.’s cratering stock has made its dividend yield the highest among large technology companies. With capital spending demands surging and the business bleeding cash, specul...
Sale of bankrupt crypto lender Celsius to Wall Street’s NovaWulf
The Celsius Network committee of unsecured creditors has put forward a filing to sell the company to NovaWulf Digital Management. Plan to sell off Celsius assets A filing has been presented to the U.S...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Wall Street Trading Desks Map Out Game Plans for CPI Scenarios
(Bloomberg) — For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equ...
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, according to the latest Short Interest Reporting f...
Asian Equities Tumble After Wall Street Slump: Markets Wrap
(Bloomberg) — Shares in Asia declined after Wall Street saw the worst week for stocks and bonds this year as traders increased interest rate expectations ahead of crucial US inflation data due T...
Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio
According to a story published on February 10 by The Wall Street Journal, stablecoin issuer Tether Holdings has contracted the services of a prominent Wall Street business in order to manage its portf...
Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves
Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to ...
Argo Blockchain Loses Its CEO And Interim Chair Peter Wall Shortly After CFO
Argo Blockchain Plc’s (NASDAQ: ARBK) Peter Wall stepped down as CEO and Interim Chair to pursue other opportunities. Argo prepared to engage an executive search firm to hire the CEO’s succ...
Wall Street’s frozen market is thawing after stock rally
Traders work on the floor of the New York Stock Exchange on Wall Street in New York City. Angela Weiss | Afp | Getty Images Wall Street just pulled off its biggest IPO in four months, giving bankers h...
Argo Blockchain CEO, Interim Chairman Peter Wall steps down
Argo Blockchain CEO and Interim Chairman Peter Wall has stepped down from his role at the mining firm to pursue other opportunities. The Bitcoin (BTC) mining firm announced on Feb. 9 that it will star...
How Ares Management Turned Private Credit Into Wall Street’s Sexiest Business
Megadeals and private equity titans may dominate the headlines, but Los Angeles’ Ares Management has quietly amassed $352 billion in assets by offering steady returns regardless of what happens in the...
Bitcoin miner Argo Blockchain’s CEO Peter Wall steps down
Peter Wall is stepping down as CEO and interim chairman of Argo Blockchain to “pursue other opportunities.” He will hand over the reins to COO Seif El-Bakly in the interim, accordi...
Hertz (HTZ) Q4 2022 profit beats Wall Street estimates
Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company ...
North Face parent blows past Wall Street quarterly expectations, cuts dividend
Shares of VF Corp. rallied more than 6% in the extended session Tuesday after the maker of The North Face jackets and Jansport backpacks, among other outdoor apparel, reported third-quarter results th...
Bitcoin trades below massive supply wall; Is a huge sell-off imminent?
As Bitcoin (BTC) struggles to reclaim support above $23,000 as bulls and bears continue to slug it out over the significant price barrier with a ‘massive supply wall’ having formed just above the pric...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...
‘Certainly a head scratcher,’ Wall Street analysts react
January saw a stunning surge in job growth. The Labor Department’s report for the month showed 517,000 jobs were added to the U.S. economy, drastically exceeding Wall Street’s expectations...
Ford stock falls as Wall Street eyes this key concern after earnings
Wall Street is growing impatient with Ford’s (F) slowness in structurally improving its profit margins. “We believe a key focus of investors will be on Ford’s ability to improve its struct...
Wall Street Expects Brutal Coinbase Earnings. Why an Analyst Upgraded the Stock.
Wall Street is mostly muted ahead of earnings from Coinbase Global expecting to see deep losses and the lowest quarterly sales in two years from the cryptocurrency broker when the group reports earnin...