Commodity/Financial Market News

‘Bitcoin would be the winner as a result of bitcoin is a digital commodity and it is the least controversial of every part’: MicroStrategy’s Michael Saylor

[ad_1] “‘Bitcoin would be the winner as a result of bitcoin is a digital commodity and it’s the least controversial…

2 years ago

FTX’s gorgeous collapse nothing like Theranos, says enterprise investor and crypto bull Tim Draper

[ad_1] Tim Draper, founder and managing companion of Draper Associates and Draper College, balked at evaluating the gorgeous implosion of…

2 years ago

Crypto and tech are the primary dominoes to fall as stimulus liquidity dries up, says this cash supervisor. This is what might occur subsequent.

[ad_1] Learn: Sequoia on its FTX funding: Some shock to the upside, and a few shock to the draw back…

2 years ago

U.S. shares may rally one other 25% now that Fed not has ‘again in opposition to the Wall’ in inflation battle

[ad_1] Certainly one of Wall Avenue’s most implacable bulls has laid out his argument for why he thinks U.S. shares…

2 years ago

U.S. Treasury says currency-market intervention ought to be reserved for ‘very distinctive circumstances’ in response to Japan’s September transfer

[ad_1] The U.S. Treasury Division on Thursday stated it expects currency-market interventions, like Japan’s in September, ought to be reserved…

2 years ago

‘We have seen this earlier than,” warns BofA. Why inflation might take till 2024 to fall to three% and weigh on shares.

[ad_1] U.S. shares roared greater Thursday after October’s consumer-price index confirmed inflation rising at a much less aggressive annual tempo…

2 years ago

FTX lent over half of its buyer funds to affiliated buying and selling agency: WSJ

[ad_1] Embattled crypto trade FTX, as soon as the third-largest crypto trade by buying and selling quantity, reportedly lent greater…

2 years ago

Disney inventory tumbles to worst day since 2001 after ‘large earnings downgrade’

[ad_1] Walt Disney Co. has a revenue drawback, and that’s helped ship shares of the media big to their worst…

2 years ago

Gold climbs above $1,700 an oz. for the primary time in a month

[ad_1] Gold futures moved larger on Tuesday, giving up early losses, to commerce again above $1,700 an oz. for the…

2 years ago

S&P 500 earnings estimates for 2023 take ‘full U-turn’ as recession dangers loom, in keeping with BofA

[ad_1] The S&P 500 dangers one other leg down after a “full U-turn” in 2023 earnings-per-share estimates for the U.S.…

2 years ago