Highs will be 25-30 with wind chills in the teens and 20s
Highs will be 25-30 with wind chills in the teens and 20s
Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday's gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than three
"The obvious precedent is FDIC insurance (up to $250,000 per person)," Vitalik Buterin tweeted, adding that he “strongly supports” helping the “average UST smallholder."
A Friday rally saves the S&P 500 from a technical bear market, but leaves questions hanging: How long will this last, and will it end in recession?
(Bloomberg) -- The latest bounce in US stocks is a bear market rally and more declines lie ahead, according to Morgan Stanley strategists.Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of Recession$11 Trillion and Counting: Global Stock Slump May Not Be OverMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Infection Turbo-Charges Vaccinated People’s ImmunityTerra Hasn’t Killed Crypto, But It Was a Narrow Escape“With valuations now m
Coinbase Global (NASDAQ: COIN), the cryptocurrency exchange platform, had a bumpy ride over the last 12 months. Once worth more than $80 billion in market capitalization, the fintech has lost more than 80% of its value. Coinbase has been a beneficiary of the pandemic.
Upstart Holdings (NASDAQ: UPST) is an explosive financial technology company that uses artificial intelligence (AI) to originate loans for banks. After reaching an all-time high of $401 per share in 2021, Upstart stock has progressively fallen, at one point by as much as 93% since. Investors took particular issue with the company's recent Q1 2022 earnings report, sending the stock down more than 50% on the day results were released.
Rivian got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared some of the many doubts hanging over its short-term future. The Irvine, Calif.-based company confirmed its production target of 25,000 vehicles in 2022, despite supply chain disruptions, chip shortages and soaring raw material prices.
Ponzi schemes continue to infest the cryptocurrency sector, adding to the industry's growing challenges.
Warren Buffett’s Berkshire Hathaway has used the recent markets slump as an opportunity to ramp up spending on stocks.
It looks like Shell plc ( LON:SHEL ) is about to go ex-dividend in the next 3 days. Typically, the ex-dividend date is...
(Bloomberg) -- After one of the most dramatic weeks yet for ARK Investment Management, Wall Street can no longer have any doubts: Cathie Wood is sticking with her strategy -- and investors are sticking with her.Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of Recession$11 Trillion and Counting: Global Stock Slump May Not Be OverTerra Hasn’t Killed Crypto, But It Was a Narrow EscapeWhereabouts of Terra’s Bitcoin Reserve a Mystery After TransfersHow Omicron Infectio
Investors have herded to value stocks and safer assets of late in response to rising interest rates, historically high inflation levels, and fears connected to the war between Russia and Ukraine. The market may continue to face downward pressure for the foreseeable future; however, that doesn't mean we should postpone buying stocks for the time being. Let's examine three promising growth stocks today that could generate fortunes for investors down the road.
Many managers leading the company’s roughly 4,700 U.S. stores have been in their roles for at least a decade, and Walmart executives say they need to find a new generation to replace them.
AMC Entertainment Group (NYSE: AMC) has had a wild ride in the last few years. Then it was part of the epic meme-stock frenzy of 2021 when retail investors grouped to buy and hold downtrodden businesses. Fortunately, with the help of retail investors, AMC has survived the worst of the pandemic.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
An audio intercept published by Ukraine’s Operational Command South via Facebook on May 15 has shed some light on the circumstances of last month’s sinking of the Russian Black Sea Fleet flagship, the Moskva.
The historic shift with the two Nordic countries comes as a result of Russia's invasion of Ukraine.
Stock market crashes and corrections happen. A bear market of at least a 20% decline will also eventually happen again, maybe even this month. St. Louis Fed president James Bullard said it's a "fantasy" to believe the worst inflation the U.S. has experienced in 40 years could be tamed by tiptoeing around it.
Billionaire crypto investor, Barry Silbert, the founder and CEO of Digital Currency Group, on Saturday offered sympathy and advice to those who have lost fortunes recently. It’s been a tough six months to be a crypto investor.
(Bloomberg) -- Oil retreated for the first time in four sessions as Covid-19 lockdowns strained the economy in China, the world’s biggest crude importer.Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of Recession$11 Trillion and Counting: Global Stock Slump May Not Be OverMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Infection Turbo-Charges Vaccinated People’s ImmunityTerra Hasn’t Killed Crypto, But It Was a Narrow EscapeWest Te