Alameda Research liquidated $1.7 million worth of cryptocurrencies over the past 24 hours. Data showed that wallets associated with Alameda unloaded Ethereum-based tokens, which were later swapped for bitcoin. The sales come amid bankruptcy proceedings for Sam Bankman-Fried’s crypto empire. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Sam Bankman-Fried’s Alameda Research sells $1.7 million in crypto amid bankruptcy and still holds over $112 million in tokens
US stocks climb as an increase in jobless claims could signal more relief from Fed rate hikes
Phil Rosen REUTERS/Brendan McDermid US stocks climbed Thursday after tech stocks saw a broad sell off the session prior. The Labor Department reported an increase in jobless claims week-over-week. Each of the three major indexes are still on track for the worst year since 2008. Loading Something is loading. Thanks for signing up! Access your… Continue reading US stocks climb as an increase in jobless claims could signal more relief from Fed rate hikes
Just 5 trading days accounted for 94% of the S&P 500’s decline in 2022 – and they could signal what’s to come in 2023, DataTrek says
Just five trading days in 2022 are responsible for 94% of the S&P 500’s year-to-date decline of 21%. Those days revolve around concerns about inflation, corporate earnings, and the Fed. “This framework of ‘a handful of days make the year’ is also a good one with which to consider 2023,” DataTrek said. Loading Something is… Continue reading Just 5 trading days accounted for 94% of the S&P 500’s decline in 2022 – and they could signal what’s to come in 2023, DataTrek says
It’s a make-or-break year for these battered companies
These five U.S. companies should be watched closely Author of the article: Bloomberg News Bloomberg News Published Dec 28, 2022 • 6 minute read Join the conversation A package of Beyond Meat Inc. burger patties. Photo by Gabby Jones/Bloomberg files Companies in the United States had a lot to overcome in the latter half of… Continue reading It’s a make-or-break year for these battered companies
Tesla dip buyers return as stock snaps near-record losing streak
Dip buyers are on track to rescue Tesla from an eighth straight day of losses Author of the article: Bloomberg News Farah Elbahrawy Published Dec 28, 2022 • Last updated 6 hours ago • 2 minute read Join the conversation Tesla shares slumped 11 per cent on Tuesday after Reuters reported that the company plans to… Continue reading Tesla dip buyers return as stock snaps near-record losing streak
David Rosenberg: The great reopening of China may not be as great as you think
Pinning hopes on a resurgence in Chinese demand — to offset economic weakness elsewhere — is misplaced People cross a street in the Jing’an district in Shanghai on Dec. 21, 2022. Photo by Hector Retamal/AFP via Getty Images After a disastrous 2022, China should experience a pick-up in growth next year as COVID-19 controls are… Continue reading David Rosenberg: The great reopening of China may not be as great as you think
Five scenarios that threaten more strife for global markets
The following risks may throw markets back into turmoil Author of the article: Bloomberg News Richard Henderson Published Dec 27, 2022 • Last updated 3 hours ago • 4 minute read Join the conversation A giant display of stock indexes, following the COVID-19 outbreak, in Shanghai, China. Photo by Aly Song/Reuters files After the worst year… Continue reading Five scenarios that threaten more strife for global markets
Investor playbook: a tale of two very different halves could have a happy ending
The headwinds of the first half of next year could well set the stage for phenomenal returns in the second half A recession in the first half of 2023 could set the stage for outsized equity returns in the second half. Photo by Andrew Kelly/Reuters Let’s not whitewash how bad 2022 was for markets. To… Continue reading Investor playbook: a tale of two very different halves could have a happy ending
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