If you feel swept up in all the hype surrounding Ethereum’s impending upgrade, you aren’t alone. Google searches for “Ethereum merge” have seen an uptick over the past 12 months, recently hitting a peak. Along with all the interest, Ether’s price has seen a boost as well. It hit a two-and-a-half month high this morning when it neared $3,350. It’s currently trading at around $3,406, up 6% in the last 24 hours, and almost 19% in the last week. Why all the hype? Investors might be… Source link
Read More »Stock futures drift as investors await wave of economic reports
U.S. equity futures were near breakeven in premarket trading Monday as investors prepare for a busy week rife with key economic data that could position the Federal Reserve to act more aggressively on plans to raise interest rates. Futures tied to the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 were mostly flat ahead of the open after all three major benchmarks registered their second straight week of gains on Friday to close at one-month highs. Meanwhile, bond yields… Source link
Read More »Should investors be afraid of this squiggly line?: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 23, 2022 Investors like to look at a squiggly line known as the yield curve to measure market sentiment about the future. When the line has a neat and upward slope, investors generally go about their days without paying any mind to the line. But when the line loses its shape, the U.S. economy might, uh, tilt into a… Source link
Read More »Russian search giant Yandex tells investors it’s looking for a media exit – TechCrunch
Russia’s internet giant Yandex has told investors it’s exploring “strategic options” for its media products — including a potential sale of its news aggregator, Yandex News, and a user-generated content recommendation and blogging “infotainment” platform, called Zen. The disclosure confirms our reporting earlier this week — when sources told us Yandex is in discussions to sell Yandex News and Zen. Our sources suggested the move is linked to the risks posed by tighter… Source link
Read More »Russian search giant Yandex tells investors it’s looking for a media exit
Russia’s internet giant Yandex has told investors it’s exploring “strategic options” for its media products — including a potential sale of its news aggregator, Yandex News, and a user-generated content recommendation and blogging “infotainment” platform, called Zen. The disclosure confirms our reporting earlier this week — when sources told us Yandex is in discussions to sell Yandex News and Zen. Our sources suggested the move is linked to the risks posed by tighter regulations on freedom… Source link
Read More »Investors are beginning to hoard cash on recession fears: BofA
Investors are starting to get very nervous about the market’s near-term direction, and it shows in their actions. “Russia/Ukraine drives fund manager cash levels to highest since April 2020 (COVID), global growth optimism to lowest since Jul’08 (Lehman),” said Michael Hartnett, Bank of America chief investment strategist, in the latest survey of managers from the bank. The details behind the report are ugly. Hartnett notes growth expectations among fund managers is at a 14-year low. The… Source link
Read More »Recession Risks Are Piling Up And Investors Need to Get Ready
(Bloomberg) — Even after one of the worst starts to an equity trading year in history, the market upheaval might just be getting started. Most Read from Bloomberg Ominous signs are piling up that more turmoil is still coming, as key indicators point toward a potential recession. That could deepen the market rout triggered by the Federal Reserve leading a hawkish shift among central banks and war in Ukraine. The U.S. Treasury yield curve has collapsed to near inversion — a situation when… Source link
Read More »Retail investors are ‘in a turmoil’ amid market volatility: former TD Ameritrade CEO
Retail investors that played a significant role in the stock market’s overall performance during the first two years of the pandemic are now witnessing the pitfalls of market volatility, former TD Ameritrade Chairman and CEO and Coastal Carolina University Executive Director of Football Joe Moglia told Yahoo Finance Live in a recent segment. “I think the typical retail investor that is not disciplined, is not thinking strategically. I think they’re in a turmoil,” he said. “They’re… Source link
Read More »Growing and Undervalued – but Amazon.com’s (NASDAQ:AMZN) Cash Flows may Deter Investors
First published on Simply Wall St News Amazon.com, Inc. (NASDAQ:AMZN) is getting stress tested as the stock erases the gains it made in the last 12 months and is currently some 3% in the red. Given that there is a lot of volatility in markets at the moment, we will step back and re-evaluate the fundamentals. For investors, it is important to have a clear picture of the performance of a company, especially during uncertain times. That way, we can be more confident that a stock can regain… Source link
Read More »The ‘Rug Doctor’ who advises crypto investors against ‘horrifying’ DeFi scams
A self-described “doctor” has a lesson she’d like to teach investors about decentralized finance (DeFi), an increasingly popular lending sector that’s become a battleground against cryptocurrency-related fraud. Even the most experienced DeFi players can find themselves wrong-footed by hacks and fraud. Yet retail investors in the sector are hungry for basic fraud protection, giving rise to a new breed of “vigilantes” and startup businesses to address the demand. Over a year ago, one Silicon… Source link
Read More »