Tag Archives: Hits

Stock futures traded flat Wednesday evening following a mixed session on Wall Street, with performance between the Dow and Nasdaq diverging as investors weighed concerns over inflation and higher rates that might drag on growth stocks.  Contracts on the Dow opened little changed after the index hit record intraday and closing highs during the regular session. Contracts on the Nasdaq also drifted, after the index fell 0.4% for its fourth straight day of losses – its longest losing streak… Source link

(Bloomberg) — Bitcoin’s domination of total cryptocurrency market value is declining as its next-biggest rival Ether reaches the $3,000 milestone, suggesting room for more than one winner among digital tokens as the sector evolves. The largest digital currency now accounts for about 46% of total crypto market value of $2.3 trillion, down from roughly 70% at the start of the year, according to tracker CoinGecko. Second-ranked Ether is up to 15% and a group of others outside the top few has… Source link

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled their payouts over the past 10 years. With an assist from Tom Connolly… Source link

Russian internet giant Yandex has revealed that thousands of its customers had their accounts accessed due to a malicious insider working at the firm. The Moscow-headquartered multi-national provides search, email, e-commerce and even ride-hailing services, and claims to have tens of millions of unique monthly users. However, on Friday it noted in a brief statement that an employee had been selling access to users’ email accounts for personal gain. “The employee was one of three… Source link

Benzinga Apple Expected To Join The $100 Billion Revenue Club When Earnings Are Released Did someone say $100 billion? And then some? Wall Street analysts did. A consensus sees Apple Inc (NASDAQ: AAPL) as joining that rarefied corporate crowd that’s broken the $100 billion in quarterly revenues mark when it opens the books Wednesday on its fiscal Q1. That’s a record for AAPL, of course, and may have been assisted by holiday sales of its new iPhone 12. But it’s one in a series of fresh… Source link

(Repeats Friday story with no change to text) By Samuel Shen and Alun John SHANGHAI/HONG KONG, Jan 22 (Reuters) – A global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency drives demand. The scramble is pricing out smaller miners and accelerating an industry consolidation that could see deep-pocketed players, many outside China, profit from the bitcoin bull… Source link

The technology-heavy Nasdaq jumped to yet another new record on Thursday, on the back of strong gains from Apple AAPL, Amazon AMZN, and other giants. The broader market positivity comes as Wall Street celebrates the possibility of more government spending on coronavirus relief under the Biden administration. All three major U.S. indexes did slip slightly through early afternoon trading Friday, yet they rest within striking distance of their all-time highs. The S&P 500 is currently up around… Source link

The Guardian NFL conference championship picks: Brady v Rogers, and a Chiefs shock Two decorated veterans face off at Lambeau Field, while the best of the next generation play in Kansas City. Who makes the Super Bowl? Tom Brady and Aaron Rodgers met earlier this season and the Buccaneers emerged as victors. Photograph: Mark LoMoglio/AP Tampa Bay Buccaneers at Green Bay PackersSunday, 3.05pm ET/8.05pm GMT What the Buccaneers need to do to win: Surprisingly for two quarterbacks who have ruled… Source link