Markets

Matthew Fox Founder of SkyBridge Anthony Scaramucci, on Crypto Stage during day three of Collision 2022. Eóin Noonan / Contributor The S&P 500 just flashed a bullish signal that suggests the bear market is over, according to Anthony Scaramucci.Recent strength in the stock market has helped the S&P 500 trade above its 200-day moving average… Continue reading Anthony Scaramucci highlights a bullish stock market signal that suggests the bear market is finally over

Paul Pierce will pay $1.4 million to settle charges that he made misleading statements while promoting crypto.  The former Boston Celtics star has agreed not to promote crypto assets for three years.  Kim Kardashian last year paid $1.26 million to settle SEC charges related to EMAX.  Loading Something is loading. Thanks for signing up! Access… Continue reading Ex-NBA star Paul Pierce will pay $1.4 million to settle charges from the SEC that he made misleading statements while promoting crypto

Parts of Sam Bankman-Fried’s bail conditions are “ludicrous,” a securities lawyer said.  For Bankman-Fried’s $250 million bond, there was no cash exchanged for his release, but a promise not to flee the country.  Bankman-Fried is “pushing the envelope” with prosecutors, attorney James Murphy told CoinDesk. Loading Something is loading. Thanks for signing up! Access your… Continue reading Sam Bankman-Fried’s $250 million bail bond is a ‘joke’ and prosecutors have been too ‘lenient’ with the FTX founder, securities lawyer says

Alternative suppliers and a warm winter have brought European gas prices below 50 euros per megawatt hour. That marks an 85% drop from the price peak last year, when Russia cut gas exports and sparked a price spike. Natural gas prices are now equivalent to $85 per barrel, nearly on par with Brent crude oil… Continue reading European natural gas prices hit 18-month low and near parity with crude oil as Vladimir Putin’s energy war fizzles

A trader nicknamed “50 Cent” may be placing big bets that the VIX – known as Wall Street’s fear index – will surge.  Someone has bought 100,000 call options for $0.50 each, betting $5 million the VIX will pop up to 50 in May.  Another 50,000 contracts were bought for $0.51, a purchase valued at… Continue reading A mysterious trader known as ’50 Cent’ may have bet millions that volatility in the stock market will explode

Raymond James CEO Paul Reilly told Yahoo Finance how his company is using artificial intelligence.  AI technology is “already here,” he said, and it will only become more influential in the financial sector.  Advisors at the company use a program that can highlight potential investment opportunities. Loading Something is loading. Thanks for signing up! Access… Continue reading Here’s how artificial intelligence is helping financial advisors manage portfolios at Raymond James

Hasbro stock jumped 5% on Thursday after the company reported fourth-quarter earnings.Strength in Hasbro’s stock price could largely be attributed to the continued growth of Magic: The Gathering.Hasbro reported mixed earnings results and offered 2023 guidance that was below analyst estimates. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Hasbro jumps after earnings reveal Magic: The Gathering has boomed to become $1 billion brand

The economy now appears likely to avoid a recession, so investors can take on some risk, according to BlackRock’s Russ Koesterich. Investors should not choose between growth assets and value assets. Rather, they can split the difference, he told Bloomberg TV. “I think it’s more about picking your spots, having companies with strong cash flow,… Continue reading Investors should ‘judiciously’ embrace risk and split between growth and value, says a BlackRock fund manager