NASDAQ 100 Index
Bitcoin surges 7% to top $20,000, its best degree in additional than a 7 days, even as stocks hit 2022 lows
Bitcoin carries on to trade in a limited assortment of $18,000 to $25,000 mark, holding buyers on edge about in which the value is going future. The crytpo industry has been plagued with a quantity of concerns from collapsed tasks to bankruptcies. Nurphoto | Getty Illustrations or photos Bitcoin topped $20,000 on Tuesday, hitting its […]
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Ether drops 15% considering the fact that main Ethereum community upgrade as traders choose income and fret in excess of price hikes
Ethereum underwent a enormous community update known as the merge which proponents say will make transactions considerably much more energy efficient. Following the merge, ether selling prices have dropped subsequent a huge run up in advance of the party. Jakub Porzycki | Nurphoto | Getty Photos Ether has fallen more than bitcoin due to the […]
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Bitcoin tops $22,000, hitting greatest in virtually a month ahead of inflation knowledge and Ethereum merge
Bitcoin topped $22,000 as it carries on a 7 days-very long rally ahead of U.S. inflation data and a extremely expected Ethereum network enhance. The world’s biggest cryptocurrency hit $22,341.50 at 9:45 p.m. ET Sunday just before dipping somewhat, according to CoinDesk information. Bitcoin was buying and selling at $22,203 at close to 4:03 a.m. […]
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Amazon jumps on revenue beat and rosy guidance for third quarter
Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the quarter: Amazon Web Services: […]
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No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI’s Julian Emanuel wants to put money to work. He calls the market environment very ugly, but he believes the economy will avert a recession — particularly due to healthy credit markets and continued gains. “The path to higher [stock] prices really […]
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Tech rout is just a ‘shake-out’: Top CEOs predict what’s next for markets
Monitors display stock market information at the Nasdaq MarketSite in New York, on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Top CEOs and investors have struck an optimistic tone on the recent sell-off global technology stocks, telling CNBC it’s unlikely to metastasize into a broader market crisis. The tech-heavy Nasdaq 100 […]
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Strategist says stock market may become a ‘meat-grinder of forlorn hope’ for dip-buyers
LONDON – Investors looking for value in the stock market during the ongoing downturn may be “deluding themselves,” according to Sean Corrigan, director at Cantillon Consulting. Fears that central banks will have to hike interest rates aggressively to curb inflation — at the risk of quashing growth as the global economy suffers concurrent hits from […]
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European stocks climb as global markets look for rebound; Stoxx 600 up 1.4%
LONDON — European stocks bounced on Friday as global markets looked to regain some ground after a bruising week, with investors assessing the outlook for inflation and interest rates. The pan-European Stoxx 600 added 1.4% by around noon, with travel and leisure stocks jumping 3% to lead gains as all sectors and major bourses traded […]
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Uber CEO tells staff company will cut down on costs, treat hiring as a ‘privilege’
Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After earnings, I spent several days meeting investors in New York and Boston,” Khosrowshahi said in the email, which was sent out late […]
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Bitcoin drops nearly 10% as $126 billion is wiped off the cryptocurrency market
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin cratered on Thursday as a major stock sell-off in the U.S. spooked the cryptocurrency market. Bitcoin was down about 9.6% at $35,743.22 on […]
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