The following is an excerpt from a recent issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis delivered directly to your inbox, subscribe now. The European energy crisis progresses In last Thursday’s dispatch, we covered the dynamics of this … Read more
Ethereum underwent a major network upgrade called a merger that proponents claim will make transactions much more energy efficient. After the merger, ether prices fell after a big rally before the event. Jakub Porzycki | Nurfoto | fake images Ether has fallen more than bitcoin since the cryptocurrency’s underlying technology, the Ethereum network, underwent a … Read more
The Indian chairman of conglomerate Hinduja Group said he is optimistic about India, which he called “the big, fast-moving emerging market.” Speaking to CNBC on Thursday, Ashok Hinduja explained: “We see a recession coming in the US, a recession in the UK, a recession in Europe, problems in China, [a] problem in Southeast Asia under … Read more
Every weekday, CNBC Investing Club with Jim Cramer hosts a live broadcast of “Morning Meeting” at 10:20 am ET. Here’s a rundown of Monday’s key moments. The market needs to bottom Why Jim is investing in the 2-year Treasury Quick Mentions: JNJ, LLY, AMZN, QCOM, DHR 1. The market needs to bottom Stocks were mixed … Read more
Traders on the floor of the New York Stock Exchange, September 14, 2022. Source: NYSE Here are the most important news investors need to start their trading day: 1. Bad day for stocks US stock markets were on track to open lower on Monday morning, adding to the lingering misery of last week’s losses. Investors … Read more
This year’s market volatility has left investors few places to hide, weighing on stocks and bonds. The fall has even affected other traditional haven assets such as gold. For those who adhere to a traditional portfolio structure of 60% stocks and 40% bonds, the year has been a painful one. The iShares Core Growth Allocation … Read more
Apple CEO Tim Cook introduces the new iPhone 14 at an Apple event at its headquarters in Cupertino, California, USA, on September 7, 2022. Carlos Barria | Reuters The market outlook is becoming increasingly uncertain given unmanageable inflation and a slowing economy. Stocks closed Friday lower. Ultimately, they were unable to recover from a deep … Read more
Stocks have pulled back this week as a better-than-expected consumer price index report on Tuesday reignited fears the Federal Reserve may be forced to provoke a recession to drive down prices. Stocks took another hit on Friday after an earlier negative announcement from FedEx, long considered a benchmark for the broader economy. It was the … Read more
Every weekday, CNBC Investing Club with Jim Cramer hosts a live broadcast of “Morning Meeting” at 10:20 am ET. Here is a summary of the key moments from Friday. There’s a Fork in the Market Quick Impact: AMZN, PG, DHR, AAPL Club Events to Watch for Next Week 1. There’s a Fork in the Market … Read more
Retail sales figures were better than expected in August as price increases in a multitude of sectors offset a sizable drop in gas station receipts, the Census Bureau reported Thursday. Advantage retail sales of the month it rose 0.3% from July, better than the unchanged Dow Jones estimate. The total is unadjusted for inflation, which … Read more
