Breaking News: Investing
Bitcoin drops to a 3-month low below $90,000 in risk-off move
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next catalyst. The price of bitcoin fell 6% […]
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Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland, on Jan. 22, 2020. Arnd Wiegmann | Reuters Palantir shares tumbled on Monday, building on last week’s declines as the hot trade continued to show signs of sputtering. The technology and defense stock dropped about 10.5% on Monday, marking its fourth straight […]
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Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government […]
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Berkshire shares rise on surge in operating earnings, but questions linger about cash
Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile […]
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Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry
The Robinhood logo is seen displayed on a smartphone screen against a computer screen displaying stock market graphs on Oct. 10, 2024. Dominika Zarzycka | Nurphoto | Getty Images The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s […]
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This ETF provider thinks it’s time to rethink investing in China
ETF Edge This ETF provider thinks it’s time to rethink investing in China Published Sat, Feb 22 202511:00 AM EST Krysta Escobar WATCH LIVE Source
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Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew […]
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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source
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Tech stocks like Nvidia have room to run ahead of earnings, Bank of America says
There’s a slate of tech stocks that are well positioned ahead of earnings – and worth snapping up, according to Bank of America. The firm said that investors should take advantage of any pullback in shares of companies like Nvidia . Other buy-rated stocks include Workday , Dell and Marvell Technology. Nvidia Buy the recent […]
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Nvidia and PCE will have to deliver next week for a stock market in search of direction
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]
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