The blockchain was originally developed as a way to track Bitcoin transactions, but it can be applied to any kind of transaction involving value. Cryptocurrencies use encryption techniques to regulate the generation of units of currency and verify the transfer of funds without an intermediary, such as a bank or other financial institution. Digital wallets […]
Since many analysts expect inflation to continue trending higher despite interest rate increases, we think it could be wise to bet on ABB , which we think can survive even higher inflation. Concerns over record-high inflation, supply chain constraints, a continuing war between Russia and Ukraine, and expected aggressive interest rate hikes by the Federal […]
All the three major indexes ended in negative territory, with the Dow narrowly escaping from entering correction territory. The Dow Jones Industrial Average slid 1.4% or 464.85 points to finish at 33,131.76 points, narrowly escaping from slipping into correction. officials on Wednesday said that Russia could invade Ukraine any time after Putin on Tuesday ordered […]
closed the most recent trading day at $17.53, moving +0.46% from the previous trading session. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $158 million, up 173.12% from the year-ago period. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. From thousands of stocks, […]
In the cap-and-trade system, a government sets a limit on overall emissions, which is tightened over time. The KraneShares Global Carbon ETF KRBN, which was up more than 100% last year, provides diversified exposure to global carbon markets through futures contacts. The KraneShares CSI China Internet ETF KWEB was down about 50% last year due […]
The Dow ended in red while the S&P 500 and the Nasdaq Composite finished in positive territory. The tech-heavy Nasdaq Composite finished at 14,893.75, rising 0.6% due to strong performance by large-cap technology stocks. However, the share plummeted 6.3% after its CFO Jeremy Barnum warned that the company likely to miss profit target in the […]
The incredible capacity of global monetary networks is only made possible by evolving, innovative technologies that connect parties around the world and create never-before-seen financial instruments. As finance and technology continue to coalesce, the rise of new asset classes is set to change the industry forever. As three out of every four Americans now use […]
The tech-heavy Nasdaq Composite finished at 15,521.89, jumping 1.2% or 180.84 points due to strong performance by large-cap technology stocks. So far, more than 90 countries have witnessed the Omicron variant of coronavirus and the number of cases is doubling in 1.5 to 3 days in areas with community transmission. However, on Dec 21, President […]
Although Bitcoin is up a whopping 203% year over year, as of Thursday morning, it was trading below $57,000 — a more than 2.6% dip. Last week, Bitcoin fell below $54,000 several times, which is the lowest it’s been since the beginning of October. Bitcoin reached an all-time high of $68,000 on November 10, and some attribute […]
Wall Street closed mixed on Wednesday as a drop in government bond yields was offset by a series of mixed economic data. The Department of Labor reported that the weekly jobless claims plunged by 71,000 to 199,000 for the week ended Nov 20, marking the lowest level since Nov 15, 1969. Total number of people […]
stocks closed lower on Wednesday on growing fears over inflation and supply chain concerns amid a slew of earnings reports from a batch of big-box retailers. All the three major indexes moved upward initially following robust quarterly results and some positive economic data released on Tuesday. However, many have been also been reporting that rising […]
This saw all the three major indexes getting stuck in a rut after hitting record highs last month. Home Depot reported third-quarter fiscal 2021 earnings of $3.92, beating the Zacks Consensus Estimate of $3.41 per share. In other economic report released on Wednesday, the Fed said that industrial production, which includes factory, mining and utility […]
stocks closed higher on Friday, driven by a rally in tech stocks but all the major benchmarks snapped their five-week winnings streak amid growing worries of inflation that weighed on investors’ sentiment. The consumer price index released earlier in the week showed inflation rising at its hottest pace in the last almost 30 years. However, […]
Over $2 trillion in value has being added to this nearly $3 trillion market in 2021 as deep-pocketed institutional investors begin to deploy capital into this ambiguous asset class. RIOT, which is closely tied to the performance of bitcoin, had initially overshot the crypto rally in the first month and a half of the year […]
Six of the 11 major sectors of the broader index closed in the green led by 0.9% gain in the materials. In fact, the materials sector also outperformed on Thursday, the Materials Select Sector SPDR Fund hit a fresh intraday all-time high, with Freeport-McMoRan Inc. While both the S&P 500 and the Nasdaq recover grounds […]
Having vast knowledge about the bitcoin market, he says that it’s understandable to feel that the price of Bitcoin at the moment is incredibly high due to the fact that throughout 2021, the price of BTC has been hitting ATH . Of course, £42,000 for a kilo can easily be considered a lot of money, […]
The index not only closed above the 4,700 mark for the first time, it also achieved the record of 8th consecutive record close, the S&P 500’s longest such winning streak since 1997. The Nasdaq Composite Index closed at an all-time high of 15,982.36, after adding 10.77 points, or 0.07%, it closed higher for the 11th […]
Understandably, with the effects of climate change being more severe than ever, the green energy industry would be increasingly crucial. Not only that but, the analyst also believes that the green energy trend “is likely to be with us for a good part of the next decade”. With no shortage of exciting developments in the […]
Cryptocurrencies are gaining more and more ground in the world of investments and now they have reached Wall Street . Meanwhile, a tiktoker created his own cryptocurrency called ‘Scam’ , which although it started as a joke, achieved a capitalization of 70 million dollars at its launch. Last December, the Manhattan-based entity announced its plan […]
Why? Well, most would argue that this part of the stock market is home to some of the top growth stocks today. If all this has you looking to add some to your watchlist, here are four in focus on the stock market today. It produces and sells computer hardware and software, while also providing […]