Silicon’s Valley’s clubby world of venture capital investors and entrepreneurs plunged into panic on Thursday amid fast-spreading reports of financial trouble at one the startup industry&#...
Tag: worries
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...
Stablecoin Issuance Drop Worries Morgan Stanley About Crypto Market Stability
According to a research report published by American investment banking company Morgan Stanley on February 13, stablecoins play an important part in cryptocurrency trading, and their products might po...
Bitcoin slumps in broad sell off amid SEC charges against Kraken, regulation worries
Bitcoin sank below US$22,000 in Friday morning trading in Asia after the U.S. Securities and Exchange Commission slapped a fine on the Kraken exchange, sparking concerns that regulators are set to tak...
Markets Fall as Huge Job Gains Fuel Rate Hike Worries
Key Takeaways The Nasdaq led major U.S. equities indexes lower on Friday, Feb. 3. An upside surprise in the jobs report raised concerns that the Fed would remain aggressive in its fight against inflat...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors f...
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders. Given the number of black swan ...
Treasuries Rise, Stocks Drift on Recession Worries: Markets Wrap
(Bloomberg) — Treasuries rallied and equities were muted as growing signs of a global economic slowdown raised investor concern that the start-of-the-year rally in risk assets may have gone too ...
JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about headwinds remain
JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s reduced expectations for their fourth-quarter profits as higher interest rates b...
Bull Market Is Back as Recession Worries Fade, Yardeni Says
(Bloomberg) — Closely followed strategist Edward Yardeni, who saw resilience in the US economy even as recession worries grew last year, remains sanguine on where global financial assets — inclu...
The Disappearance Of Good Rock Worries Oil Markets
Oil companies drilling in Texas’ Permian Basin are having to adapt to falling output as acreage with … [+] the “top rock” runs out. (Photo by Spencer Platt/Getty Images) Getty ...
Waves founder worries futures trading is killing native token
Sasha Ivanov, founder of the Waves blockchain, has asked centralised exchanges to disable futures trading because it is a breeding ground for FUD. Futures Markets not needed In a recent tweet, the fou...
Stock market worries, crypto fallout, and doubts of a Santa Claus rally top week ahead
Last week’s awful stock market performance has left many wondering whether the fears of a looming recession will finally be realized this week. Investors will be busy trying to locate the signal...
Enraged Worries That Generative AI ChatGPT Spurs Students To Vastly Cheat When Writing Essays, Spawns Spellbound Attention For AI Ethics And AI Law
What will generative AI such as ChatGPT do to our schools, our teachers, our students, and the … [+] future of writing? A monumental question to be addressed. getty Is the written essay by moder...
AT&T’s Stock Is ‘Less Attractive’ As Customer And Dividend Worries Mount, Analyst Says
Morgan Stanley analyst Simon Flannery downgraded AT&T Inc (NYSE: T) from Overweight to Equal-Weight with a $20 price target. The re-rating followed sustained outperformance in 2022, driving a less...
Jamie Dimon worries about the ‘extraordinary’ dangers posed by the Ukraine war. ‘I would definitely be preparing for it to get much worse’
Europe may have been spared from an extreme [hotlink ignore=true]energy crisis this year, but the head of one of the world’s largest banks is worried about what’s next. Through a mix of unseasonably w...
Amber Group Slows Down Expansion Plans on Bear Market Worries (Report)
Amber Group reportedly raised just half of its $100 million funding round and halted its global expansion efforts due to the ongoing bear market. The company recently laid off a portion of its staff a...
BofA is selling U.S. equities rally on worries that unemployment will be ‘shocking’ in 2023
Strategists at BofA Global Research said it is time to sell the U.S. stock market rally ahead of a potential surge in the unemployment rate next year. “Bears (like us) worry unemployment in 2023 will...
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
Rich Asians Not Crazy About Credit Suisse Worries
Singapore’s iconic promenade and skyline. ROSLAN RAHMAN/AFP via Getty Images Singapore has a message for those betting 2023 will be a better year for the global economy: not so fast. On Wednesda...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
Oil futures fall 10% for week as China’s COVID worries darken demand picture
Oil futures logged their second straight weekly declines, pressured as a resurgence of COVID-19 worries clouded the energy demand picture, and broader markets kept eyes on a hawkish Federal Reserve. U...
FTX ‘Contagion Risk’ Fuels Coinbase Stock Plunge—Analyst Worries Users Will ‘Leave Crypto Entirely’
Topline Shares of Coinbase fell Friday after analysts downgraded the stock and warned crypto contagion risk could spread to the firm after the collapse of rival exchange FTX, and though analysts aren&...
Binance is Selling Off FTT As Worries About FTX Exchange Balance Sheet Mount
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Binance, Changpeng Zhao, said that the exchange would sell all the FTT tokens held in its portfolio. Zhao said that th...
Powell again is facing political pressure as worries mount over the economy
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Je...
‘Mounting fear is that something else will break along the way’: Stock-market investors look ahead to PCE inflation data amid Fed overtightening worries
Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming week from the Fed’s preferred...
What bank earnings tell us about how consumers are doing with high inflation, recession worries — ‘It’s not a crack in current numbers’
For all the worries about inflation’s pinch and the chance of a recession, just-released earnings reports from big banks indicate the wallets of many regular Americans are generally holding up as they...
Yellen Worries Over Loss of ‘Adequate Liquidity’ in Treasuries
(Bloomberg) — Treasury Secretary Janet Yellen cited concerns about the potential for a breakdown in trading of US Treasuries, as her department leads an effort to shore up that crucial market. M...
Ford’s fundamentals remain strong, despite recession worries, productions snags
The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts short...