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Investment strategy

Bitcoin rises as crypto and other risk assets look to rebound from sell-off

by Ev Richard
Bitcoin rises as crypto and other risk assets look to rebound from sell-off

Cryptocurrencies on Tuesday recovered some of the previous day’s losses after bitcoin briefly fell under $50,000 for the first time in six months. The price of the flagship cryptocurrency was …

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Categories Technology

No 24-hour trading Monday due to issue at third-party venue

by Adrian Jhonsan
No 24-hour trading Monday due to issue at third-party venue

Spencer Platt | Getty Images Brokerage firm Robinhood announced on Monday evening that it would not offer overnight trading due to an issue with its execution venue. The company said …

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Categories World

Here’s why predicting a bottom in this market plunge is so difficult

by Adrian Jhonsan
Here’s why predicting a bottom in this market plunge is so difficult

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Bottom …

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Categories World

Wall Street’s ‘fear gauge’ the VIX rises to highest since 2020

by Adrian Jhonsan
Wall Street’s ‘fear gauge’ the VIX rises to highest since 2020

Traders work on the floor of the New York Stock Exchange during afternoon trading on Aug. 2, 2024. Michael M. Santiago | Getty Images A key measure of expected volatility …

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Categories World

Back to school hauls follows TikTok’s underconsumption core trend

by Adrian Jhonsan
Back to school hauls follows TikTok’s underconsumption core trend

Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Just when it seemed more …

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Categories World

WTI hits seven-month low on market sell-off

by Milton Acorn
WTI hits seven-month low on market sell-off

A view of storage tanks and pipelines at the Shell Carson Distribution Complex, a distribution hub for petroleum products, in Carson, California, on March 11, 2022. Bing Guan | Reuters …

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Categories Science

Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut

by Adrian Jhonsan
Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut

Wharton’s Jeremey Siegel on Monday called on the Federal Reserve to make an emergency 75 basis points emergency cut in the federal funds rate after Friday’s disappointing jobs report. In …

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Categories World

Apple shares drop 7% after Warren Buffett’s Berkshire Hathaway slashes stake by half

by Adrian Jhonsan
Apple shares drop 7% after Warren Buffett’s Berkshire Hathaway slashes stake by half

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.  David A. Grogen | CNBC Warren Buffett sent shockwaves through …

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Categories World

Bitcoin briefly drops below $50,000 for the first time since February

by Ev Richard
Bitcoin briefly drops below ,000 for the first time since February

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 …

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Categories Technology

Berkshire Hathaway earnings 2024 Q2

by Adrian Jhonsan
Berkshire Hathaway earnings 2024 Q2

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. Grogan Berkshire Hathaway‘s cash pile …

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Categories World
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