Bankers texting away on their personal phones are costing the biggest banks on Wall Street a chunk of money. On Tuesday, two U.S. regulators announced $1.8 billion in penalties to be paid by financial...
Tag: Wall
China’s Race to Avoid a Wall Street Ban Is Off to a Tense Start
(Bloomberg) — The latest high-stakes drama between the world’s biggest superpowers is unfolding in the unlikeliest of places: a Hong Kong office tower full of accountants. Most Read from Bloombe...
Wall Street Says Ignore the Treasury Rally. Fed Hikes Won’t Stop
(Bloomberg) — Some big bond investors say don’t be deceived by the Treasury market’s torrid rally Wednesday. Most Read from Bloomberg The hawkish signals still coming out of the Federal Reserve ...
Netflix stock surges on double upgrade as Wall Street cheers on ad tier
Netflix (NFLX) shares soared on Wednesday after Atlantic Equities upgraded the stock from Neutral to Overweight, citing upside potential in the streaming giant’s upcoming ad-supported tier. Anal...
Terra Classic (LUNC), Cosmos (ATOM) Hitting a Brick Wall, Flasko (FLSK) Continues Rise
Place/Date: – September 27th, 2022 at 12:48 pm UTC · 3 min read Source: Flasko Photo: Flasko Portfolios are in the red as the crypto market takes a nasty spill in 2022 – burning crypto investors...
Strong Rally For Bitcoin And Crypto As Wall Street Melts Down
There’s a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively. This is also the case for equity st...
The Romanians “closed” Wall Street for the Crypto.ro Academy, the project that puts Romania on the world map of crypto education
Crypto.ro managed to film for 60 minutes in front of the New York Stock Exchange on Wall Street. The Romanian team from Crypto.ro filmed near the famous Bull in front of the New York Stock Exchange, c...
WALL Partners with Capx for Analytics & Gamification
WALL recently announced a partnership with Capx to bring analytics and gamification together. The partnership aims to help projects build stronger bonds with communities. The popular Web3 project, WAL...
Wall Street Selling Pressure Doesn’t Impact Bitcoin and Crypto
Wall Street started the week in a correction mode with all three top U.S. indices correcting 1% on Monday, September 26. However, Bitcoin and the broader crypto market have made a surprising move nort...
Everything-Selloff on Wall Street Deepens on 98% Recession Odds
(Bloomberg) — Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted — especially with hawkish central...
Wall Street’s fear gauge hits highest level since June
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters A measure of fear in stocks just hit the highest level in three months a...
Wall Street Risks a Breaking Point After Week of Monetary Mania
(Bloomberg) — Central bankers are hellbent on tightening the monetary spigots even if something in financial markets breaks. After haywire cross-asset moves this week, that tipping point looks d...
Coinbase Responds to Wall Street Journal Proprietary Trading Allegations in New Blog Post
Crypto exchange Coinbase says it does not engage in proprietary trading, a speculative investment practice that the federal regulation known as the Volcker Rule restricts because of its role in the 20...
Coinbase Hired Wall Street Traders to Test Proprietary Trading (Report)
The California-based cryptocurrency exchange – Coinbase – reportedly appointed at least four Wall Street traders and established a group to use the company’s own funds to trade cryptocurrencies. Undis...
The Era of Inflation Has Ended — for Asset Prices on Wall Street
(Bloomberg) — As the Federal Reserve’s intensifying fight against inflation sinks every asset on Wall Street, investors are asking: Why buy now when things could get cheaper still? Most Read fro...
Coinbase denies The Wall Street Journal’s proprietary trading allegations
Coinbase has denied allegations from The Wall Street Journal that it engaged in proprietary trading. The exchange said Sept. 22 that the WSJ had confused its client-driven activities with proprietary...
A Post-Fed Rally Should Sow ‘Deep Suspicion’: Wall Street Reacts
(Bloomberg) — US stocks swung wildly and the rout in Treasuries eased after investors speculated that the Federal Reserve may have become as hawkish as it will be during its battle against infla...
Wall Street rates Amazon (AMZN) a ‘strong buy’ as firm plans over 70 renewable energy projects
Amazon (NASDAQ: AMZN) is looking to expand its renewable energy projects to target 50,000 gigawatt-hours (GWh) of green energy, an amount that can power 4.6 million US homes annually. The 71 new rene...
Why investors fear a full-percentage-point Fed rate hike would ‘unnerve’ Wall Street
The Fed has delivered two 75 basis point interest-rate hikes so far this year. A previous version of this story said it had delivered three. With both U.S. stocks and bonds under pressure on Tuesday, ...
Ford shocked investors just like FedEx — here’s what Wall Street is saying
FedEx has found a friend in the camp of big, ugly third-quarter financial pre-announcements. The auto giant Ford warned of a whopping $1 billion profit hit late Monday in the form of higher parts cost...
Ford’s Big Earnings Warning Is Really Good News. Just Ask Wall Street.
Text size There is a silver lining in Ford’s ugly update for the third quarter of 2022. Leon Neal/Getty Images Ford Motor said a lack of parts and inflation would leave it with a third- quarter ...
Stocks close higher as Wall Street braces for Fed meeting
U.S. stocks found their footing in the final hour of back-and-forth trading Monday after all three major indexes logged their worst week in three months. The S&P 500 climbed about 0.7%, while the ...
Dow Futures Fall as Wall Street Anticipates Another Big Rate Hike From the Fed
Text size AFP via Getty Images Stock futures traded lower Monday in a week that is expected to see the Federal Reserve raise interest rates by another three-quarters of a point in its effort to stamp ...
Wall Street Rush Into Single-Stock ETFs Takes Risky Foreign Turn
(Bloomberg) — Wall Street watchdogs already concerned about the risks of single-stock ETFs won’t like what’s coming next: funds offering exposure to individual foreign shares unbound by US listi...
Wall Street Veteran Believes Bitcoin and Ethereum Look “Ominously” Bearish
Alex Dovbnya Prominent technical analyst Carter Worth predicted that price of Bitcoin and Ethereum would head lower Disclaimer: The opinion expressed here is not investment advice – it is provided for...
Wall Street banks on a hunt for tech staff laid-off during crypto rout
After a number of cryptocurrency companies were forced to lay off a large chunk of their workforce as the result of a major crypto market meltdown, the laid-off staff now seem to be in high demand els...
‘Simply staggering.’ FedEx hit with downgrades, price target cuts as warning shocks Wall Street.
A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts. FedEx F...
US Bonds Rise as Expectations of Interest Rate Hike Sweep through Wall Street
With trust placed on the Federal Reserve Open Market Committee (FOMC), we can expect the more targeted interest rate hikes to help allay fears that inflation will be detrimental to growth. US obnd yie...
Apple Inc is now the most-shorted stock on Wall Street
Apple Inc (NASDAQ: AAPL) ended more than 2.0% down this evening on reports that it was now the most-shorted stock on Wall Street. Bernstein analyst explains why Apple launched the new iPhone 14 only d...
Wall Street Waited Too Long to Abandon FedEx Stock. It’s Too Early to Buy.
Text size FedEx will be closing FedEx Office locations to save money. Mario Tama/Getty Images Wall Street is piling on as FedEx stock plunges. Contrarian investors might want to snap up shares on the ...