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Read More »Roblox Sees Shares Pop 19% on User Growth in September 2022 Metrics Report
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Read More »Bank of America (BoA) & BNY Mellon Post Strong Q3 2022 Results, Primarily Aided by Higher Interest Rates
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Read More »Crypto Stocks Take Steep Hit Compared to Wall Street in End of Week Drawdown
Stocks started off the week in a rally, with wide benchmarks like the S&P 500, NASDAQ Composite, and Dow Jones posting gains. But the rally fell off with a sharp pullback Friday on new worries of increasing Fed rate hikes. The retracement was nearly enough to wipe out the gains from earlier in the week, but not quite. Stocks Yikes: Strong Jobs Data Could Mean More Fed Rate Hikes As Joe Rennison and Isabella Simonetti at the New York Times explain, new hires slowed some in...
Read More »Nike (NKE) Stock Tanks 9% on Rising Inventories and Weak Margins in Q1 2023
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Read More »S&P 500 Futures Plunge to New Low amid Sustained Inflation Fears
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Read More »Grab Purses 2024 Profitability Despite Years of Losses
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Read More »US Stock Futures Jump 1% as Dow and S&P 500 Hit Lows Below 2020 Levels
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Read More »The Fed Wants to Pave the Way for Crypto
The Fed has done a sudden reversal of the mind and is calling for Wall Street to put systems in place that will allow banks and other standard financial institutions to better deal with the growing crypto space. The Fed Thinks Crypto Should Be Studied The Fed appears to have been hellbent as of late on bringing the crypto space to its knees. The organization has done nothing but hike interest rates over the past few months as a means of trying to lower inflation....
Read More »Crypto Companies Amid Earning Season: Numbers to Look Out for (Opinion)
Stock traders and investors who actively manage their portfolio are busy anticipating and scanning the quarterly filings every earnings season, beginning about two weeks after the end of each annual quarter. Crypto stocks, shares in companies built around cryptocurrency, or having high exposure to the digital asset market are no different. Crypto Companies to Release Earnings Reports As required by the SEC, corporations with listed stocks publish earnings reports about the...
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