Crypto rises on Fed hike; Three Arrows insolvency concerns
Bitcoin, Ethereum and TRX recover as the Federal Reserve raises interest rates. Meanwhile, Three Arrows Capital faces liquidation concerns.
High-quality items seldom go on sale. Grab them when they do.
Tesla released its Q2 production and delivery figures, which came roughly inline with street estimates. Tesla produced 258,580 vehicles and delivered 254,695 vehicles in Q2. Deliveries, which the industry looks at closely as a proxy for sales, were expected to be in the 250K range, after estimates had been knocked down by Wall Street analysts over the past few weeks over concerns from COVID shutdowns in China.
The stock market has gotten off to a brutal start in the first half of 2022. Meanwhile, the Nasdaq Composite index has slid a staggering 29% during that stretch. With a decline of roughly 7% this year, Berkshire Hathaway stock has held up significantly better than the market at large, but Warren Buffett's company has stocks in its portfolio that have recorded dramatic losses amid current market pressures.
Kate Hudson's snap garnered plenty of positive reactions from stars including Selma Blair and Janelle Monae
Schiff publicly predicted the great financial crash of 2008. Will he be right again?
Bitcoin might have cemented its status as “digital gold,” but one other widely touted purpose has yet to properly play out. The daddy of crypto is supposed to be a hedge against inflation but recent times have shown that soaring inflation has not provided a tailwind. In fact, Bitcoin's performance has followed the lead of the equity market, and mirroring the wide downturn in 2022, bitcoin’s price has tumbled over 70% since peaking last November. That said, the “death of bitcoin” has been announc
Lindsay Lohan and Bader Shammas have tied the knot, E! News has confirmed, after the actress called him her "husband" on social media.
Two weeks that seemed like an eternity in Elon Musk's world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last tweets on the microblogging website Twitter.
An estimated 6.1% of homes for sale during the four weeks leading to June 19.
(Bloomberg) -- A giant aviation deal from China on Friday underscored how trade tension between Washington and Beijing can impact individual companies, with Boeing Co. left looking on as rival Airbus SE scooped up orders worth at least $37 billion. Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-C
This has been one of the most challenging years for Wall Street and investors in the past half-century. In terms of peak-to-trough decline, the benchmark S&P 500 and growth-oriented Nasdaq Composite have tumbled as much as 24% and 34%, respectively. While bear markets can, undoubtedly, cause fear and test the resolve of investors, they're also a proven opportunity to buy game-changing businesses at a discount.
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Elon Musk said he was "honored" to meet Pope Francis as he shared a snap featuring four of his sons after 10 days off Twitter
(Bloomberg) -- US equity-index futures and European bonds fell as investors worried about the twin threats of dwindling economic growth and stubborn inflation. Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutJPMorgan’s Aronov Ignores the ‘Cash Is Trash’ Chorus: Q&AContracts on the
New research from Rystad Energy shows a sizeable drop in global recoverable oil reserves in 2022, a situation that could have serious consequences for energy security
The inside story of the business of the Grateful Dead.
Retirees can rest easy owning these passive income powerhouses, which range in yield between 1.9% and 7.6%.
Don’t count on the Fed. Get ready instead.
If you're an investor with long time horizon, then you should meet these three high-growth Dividend Aristocrats. Dividend Aristocrats, as a reminder, are a group of 65 stocks in the S&P 500 Index that have each raised their dividends for at least 25 consecutive years. Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment.
Shares of Kohl's (NYSE: KSS) plummeted 26.9% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, after the department store chain decided against selling itself and would instead remain an independent retailer. Kohl's has been the target of activist investors for more than a year amid growing disappointment with the retailer's direction. Although only one of the trio of hedge funds pushing for change was still around this year, it recently lost its attempt for a seat on Kohl's board.