A bankruptcy judge is allowing the identities of FTX creditors to remain sealed for at least three more months. “We’re talking about individuals here who are not present – individuals who may be at risk if their name and information is disclosed.” By contrast, the names of top FTX equity holders were revealed in a… Continue reading FTX creditors’ identities will remain under wraps, unlike names of equity holders like Tom Brady, Peter Thiel
Battered homebuilder stocks may be primed for a new rally as US mortgage rates look set to drop in 2023, Bank of America says
Bank of America sees homebuilding stocks pushing higher as housing market conditions improve after a rough 2022. PulteGroup, Lennar, and Toll Brothers were each upgraded, and NVR is the bank’s top 2023 pick in the sector. BofA sees the 30-year fixed-rate mortgage drifting down to about 5.25% this year. Loading Something is loading. Thanks for… Continue reading Battered homebuilder stocks may be primed for a new rally as US mortgage rates look set to drop in 2023, Bank of America says
Hedge funds are finally starting to believe in the stock market’s latest rally, but one analyst warns that any move higher will be fleeting
Hedge funds are starting to believe the latest rally in the stock market, according to Ned Davis Research.The research firm said asset managers have recently reduced their net short positioning.But Fairlead Strategies’ Katie Stockton said any rally will be fleeting as the S&P 500 faces tough resistance at 4,000. Loading Something is loading. Thanks for… Continue reading Hedge funds are finally starting to believe in the stock market’s latest rally, but one analyst warns that any move higher will be fleeting
Stock Market Today: Stocks Wobble Ahead of CPI, Q4 Earnings Season
Stocks struggled for direction Tuesday after an early morning speech from Fed Chair Jerome Powell failed to give any hints on the central bank’s plans for monetary policy moving forward. Instead, investors looked ahead to a pair of potentially market-moving events occurring later this week: Thursday’s release of the December consumer price index (CPI); and… Continue reading Stock Market Today: Stocks Wobble Ahead of CPI, Q4 Earnings Season
Is the Stock Market Open on Martin Luther King Day?
Is the stock market open on Martin Luther King Day? The answer to this question is no. The stock market will be closed Monday, Jan. 16, for MLK Day, as the holiday is also known. Martin Luther King Jr. Day became a federal holiday in 1983, when it was signed into law by then President… Continue reading Is the Stock Market Open on Martin Luther King Day?
The Best Semiconductor Stocks to Buy Now
published 10 January 2023 The prospects were high for the best semiconductor stocks heading into 2022, but the industry has been hit by curveballs over the last year that have upended the market. Take for instance the Biden administration’s tech war against China, which restricts the country from buying advanced chips and equipment from the… Continue reading The Best Semiconductor Stocks to Buy Now
From Tom Brady to Kevin O’Leary, here are 11 famous backers of FTX set to be wiped out in the exchange’s stunning collapse
Matthew Fox NurPhoto/Getty Images The fall of FTX has led to billions of dollars in losses for both its investors and customers.As FTX goes through the bankruptcy process, details are starting to emerge about who its investors were.From Tom Brady to Kevin O’Leary, here are 11 famous backers facing a wipeout in the dramatic collapse.… Continue reading From Tom Brady to Kevin O’Leary, here are 11 famous backers of FTX set to be wiped out in the exchange’s stunning collapse
The Winklevoss’ Gemini terminates its yield product as dispute between the crypto exchange and DCG escalates
Gemini told clients that the crypto exchange will terminate its interest-bearing product. The news signals an end of a partnership between Gemini and embattled brokerage Genesis. Gemini cofounder Cameron Winklevoss accused Genesis, its parent company DCG, and founder Barry Silbert of fraud on Tuesday. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The Winklevoss’ Gemini terminates its yield product as dispute between the crypto exchange and DCG escalates
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