The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. The fall, in a few days, of a company valued at $32 billion in February, ended up casting suspicion on the entire young industry of financial services, based on the Blockchain technology. Retail investors have fled, while institutional investors, linked to FTX and its sister company Alameda Research, are still determining their losses from their exposure to Sam Bankman-Fried's empire.
(Bloomberg) -- The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10,000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to materialize for copper.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsThe Treasury Market’s Big Recession Trade Is Gathering MomentumUkraine’s Victories May B
Many Americans are surprised to see they have not prepared as well as they had hoped for retirement when they finally get ready to call it quits. The bad news is, you’ll probably have to make some realistic assumptions of what your retirement will look like. If you’ve lived primarily paycheck to paycheck in your working years, that may continue to feel the case in your retirement.
Elon Musk is preparing for an almost inevitable showdown with Apple and Alphabet , the parent company of Google. The billionaire CEO of Tesla , who completed the acquisition of Twitter on October 27 at a hefty price of $44 billion, was quick to reshape the platform in his image. To achieve this, the Techno King, who describes himself as a "free speech absolutist", has opted for a lenient content moderation policy.
Futures fell amid China Covid unrest. Be cautious as the S&P 500 faces a big test with key economic data due.
Elon Musk does not forgive those who doubt him. Last May, Musk protested because Gates had a short position of $500 million against Tesla. "Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla the company doing the most to solve climate change," Musk wrote to Gates.
Ford Motor Company (NYSE: F) is one of the most recognizable brands in America. There's a culmination of factors that could work against Ford in 2023. Vehicles are big-ticket items for consumers and businesses that purchase them -- the average transaction price for a new vehicle was $45,844 as of June 2022.
(Bloomberg) -- Shares tumbled while the dollar and Treasuries climbed as growing unrest in China over Covid restrictions sent a shiver through global markets.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsThe Treasury Market’s Big Recession Trade Is Gathering MomentumUkraine’s Victories May Become a Problem for the USChinese equities led the share-market declines, with weakness also evident in Australia, Japan and South Korea. US futures dropped as modest cust
In a financial environment riddled with unprecedented levels of uncertainty, investors are at wits’ end. When it comes to finding an investment strategy that will yield returns, traditional methods might not be as dependable. So, how should investors get out of the rut? In times like these, a more comprehensive stock analysis can steer investors in the direction of returns. Rather than looking solely at more conventional factors like fundamental or technical analyses, other metrics can play a ke
These companies have multiple ways they could deliver multibagger growth in a relatively short period of time.
Financial services company and digital bank SoFi Technologies (NASDAQ: SOFI) went public in June 2021 with lots of support and plenty of hype. At this point, SoFi finds itself in a bit of a regulatory headache.
As a recession approaches, more Americans are financially falling behind.
It's been challenging to hold Alibaba's (NYSE: BABA)stock over the last two years as it lost more than 70% of its market value. As the stock price fell, investors questioned whether Alibaba had reached its prime and was bound to decline further. While it's still early, Alibaba's latest earnings result justifies my earlier decision.
The first six months of 2022 were the worst the stock market has had in more than 40 years, officially entering a bear market on June 13. Despite some recent bouncebacks, investors remain worried. So much so that some have … Continue reading → The post Is the Stock Market Going to Crash in 2022? appeared first on SmartAsset Blog.
Although growth of the U.S. money supply is slowing, employment trends are strong, lots of cash is left over from the pandemic stimulus, and using credit cards is easy. That has put many people in a buying mood, inflation or no inflation.
The crypto collapse is the product of old-fashioned mismanagement and fraud, not the failure of crypto to disrupt.
With many growth stocks trading far from their peaks, that cheer might come from the significant opportunities for bold long-term investors in 2023 and beyond. Here's what you need to know about these three stocks to buy in a bear market. Justin Pope (Roku): Roku gained some attention over the past few years as the era of streaming got underway.
There is no one-size-fits-all strategy that has the potential to make investors wealthy over time, but there are few approaches that have a better track record of success than investing in dividend stocks. Companies that pay dividends are often successful, profitable businesses -- year in, year out -- which have generally proven over time that they can withstand market cycles and recessions. The asset managers at Hartford Financial Services looked at the performance of the benchmark S&P 500 going all the way back to 1930 and found there was not a single decade in which dividend stocks in the index didn't generate positive returns, even when the broader market was losing money for investors.
(Bloomberg) -- The bond market is zeroing in on a US recession next year, with traders betting that the longer-term trajectory for interest rates will be down even as the Federal Reserve is still busy raising its policy rate.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsThe Treasury Market’s Big Recession Trade Is Gathering MomentumUkraine’s Victories May Become a Problem for the USLong-dated Treasury yields are already below the Fed’s overnight benchmark ran
Crude prices have fallen back on a flurry of bearish news, but energy stocks remain resilient as oil firms continue to hand out cash to shareholders