Stock Market Today Facebook, Spotify and Honeywell go belly-up after earnings to sink the indexes Thursday; Amazon spikes after-hours on a Q4 beat.This week’s relief rally came to an abrupt stop Thursday as a few high-profile earnings reports cratered investor confidence and weighed on the major indexes. Front and center was Facebook parent Meta Platforms… Continue reading Stock Market Today: Stocks Ride Facebook’s Coattails Deep Into the Red | Kiplinger
A 410-pound gold cube turned up in Central Park in a reminder of the crypto tungsten craze
A gold cube turned up in New York’s Central Park on Wednesday, guarded by its own security detail. The promo for artist Niclas Castello’s cryptocurrency brought reminders of the tungsten cube crypto craze. Last year, tungsten cubes sold like crazy as crypto fans became obsessed with their huge weight-to-size ratio. For just a few hours, New… Continue reading A 410-pound gold cube turned up in Central Park in a reminder of the crypto tungsten craze
Ford drops 12% as earnings fall short and automaker warns of continuing shortage in key chip components
Ford stock dropped as much as 12% in Friday trading following a fourth-quarter earnings miss. Adjusted earnings per share came in at $0.26, below the $0.45 expected. The legacy automaker pointed to the global chip shortage and strained production lines. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ford stock… Continue reading Ford drops 12% as earnings fall short and automaker warns of continuing shortage in key chip components
The Boston Fed and MIT publish long-awaited research on central bank digital currencies
The Boston Fed published a long-awaited research on central bank digital currencies. The effort was in partnership with the Massachusetts Institute of Technology’s Digital Currency Initiative. In this first phase, researchers focused on concepts including cryptography, distributed systems, and blockchain technology. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The… Continue reading The Boston Fed and MIT publish long-awaited research on central bank digital currencies
These were the 5 best performing cryptos over the past week despite bitcoin bear market
While bitcoin and ethereum dominate the headlines, there are nearly 17,000 other crypto coins.With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time.These were the five best performing cryptocurrencies over the past week, according to data from CoinMarketCap.Sign up here for our daily… Continue reading These were the 5 best performing cryptos over the past week despite bitcoin bear market
Amazon hikes Prime membership fees in U.S. despite beating profit expectations
Shares rose 12 per cent in after-hours trade Author of the article: A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland. Photo by REUTERS/Clodagh Kilcoyne/File Photo Amazon.com Inc on Thursday said it was raising the price of its Prime subscriptions, as it looks to offset higher shipping costs and… Continue reading Amazon hikes Prime membership fees in U.S. despite beating profit expectations
Emerging ESG bond boom puts world on path to sell US$1.8 trillion
Such a boom in financing is not without its risks Author of the article: Bloomberg News Sydney Maki Emerging governments sold bonds geared toward environmental, social and governance (ESG) issues at more than twice the pace of mature economies in 2021. Photo by Pilar Olivares/Reuters files A wave of socially conscious debt has emerged from… Continue reading Emerging ESG bond boom puts world on path to sell US$1.8 trillion
7 Megatrend Stock ETFs With Massive Potential | Kiplinger
In 2022, the U.S. equities market got off to its worst start to a year since the dark days of the financial crisis, with many areas of the market, including stocks and stock exchange-traded funds (ETFs), selling off. As a result, many investors are rethinking how to position their portfolio for the months ahead. However,… Continue reading 7 Megatrend Stock ETFs With Massive Potential | Kiplinger
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