Roku (ROKU (opens in new tab), $56.88) reported third-quarter earnings earlier this month. The initial reaction from investors sent its shares down nearly 6%. However, since its Nov. 9 low of $47.31, ROKU stock has bounced more than 20%. The main reason behind Roku stock’s big rebound is a rally in the broader equities market,… Continue reading Is Roku Stock a Buy After Recent Management Changes?
FTX’s bankruptcy filings show the situations is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
The downfall of crypto exchange FTX has led to a bankruptcy filing that is full of crazy details.Documents filed in court this week reveal much deeper problems than anyone would have thought.From billion dollar loans to accountants in the metaverse, these are the craziest details of the FTX bankruptcy filing. Loading Something is loading. Thanks… Continue reading FTX’s bankruptcy filings show the situations is much worse than anyone thought. From a million creditors to a stunning lack of oversight, here are the craziest details.
Warren Buffett’s right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes.
Charlie Munger called out fraud and delusion in crypto, days after Sam Bankman-Fried’s FTX imploded. Warren Buffett’s right-hand man said bitcoin and other crypto should never have been legal. Munger praised Elon Musk and Tesla’s unlikely success, and the Fed’s focus on reducing inflation. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Warren Buffett’s right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes.
FTX’s collapse could be crypto’s dot-com crash moment – with the industry struggling to ever regain investors’ trust
FTX’s spectacular implosion reminds some analysts of the dot-com bubble bursting in 2000. Tech companies struggled to win back investors’ trust two decades ago. The collapse of FTX could weigh on cryptocurrencies for years, experts told Insider. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading FTX’s collapse could be crypto’s dot-com crash moment – with the industry struggling to ever regain investors’ trust
Here’s when to buy stocks as Wall Street warnings suggest a recession is imminent, according to Bank of America
Signs are growing that an economic recession is imminent, according to Bank of America.An inverted yield curve, a slowdown in home sales, and a big drop in global freight rates suggest the economy is slowing down.BofA recommends investors focus on bond investing in the first half of 2023 and shift to stocks in the second… Continue reading Here’s when to buy stocks as Wall Street warnings suggest a recession is imminent, according to Bank of America
Europe will need to face higher interest rates as a potential recession won’t be enough to bring down inflation on its own, ECB President Christine Lagarde says
Policy makers at the European Central Bank “expect to raise rates further,” said President Christine Lagarde on Friday. The ECB has already been raising rates at a record pace with inflation “too high” in the euro area. Policymakers reportedly may decide to slow the pace of rate hikes at the December meeting. Loading Something is… Continue reading Europe will need to face higher interest rates as a potential recession won’t be enough to bring down inflation on its own, ECB President Christine Lagarde says
Canadians plan to spend less as retailers brace for shopping season
Don’t miss: Life is expensive. Skip saving and go straight to earning cash when you buy gas, dinner, gifts and more. Get the free app app You could save hundreds — or possibly thousands — in interest by improving your credit score. Check it for free today Is your family protected financially? These are 5… Continue reading Canadians plan to spend less as retailers brace for shopping season
Five investing lessons so you can be prepared for the next market event
Can anything be learned from the disaster that has been stocks and bonds in 2022? Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images files Let’s make a very big assumption that the bear market has run its course. Let’s assume the market is back to normal, whatever… Continue reading Five investing lessons so you can be prepared for the next market event
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