CATEGORY

Business

Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas.

Saudi Arabia Sought to Push Oil Prices Higher. Markets Had Other Ideas. Source link

Bitcoin mining difficulty rises 2.18% to record amid increasing competition among miners

Bitcoin’s mining difficulty level rose 2.18% on Wednesday to an all-time high. The level changes every two weeks and measures the additional computing...

Elon Musk’s decision to not pay rent on Twitter’s offices is adding to commercial mortgage headaches at Goldman Sachs

Elon Musk's decision not to pay Twitter's rent is causing pain for Goldman Sach's commercial real estate portfolio, the FT reported.Goldman was part...

‘Dean of Valuation’ Aswath Damodaran says the story behind Nvidia’s stock surge makes sense but its current price doesn’t

The narrative behind Nvidia's stock rally makes sense but its current share price doesn't, according to Aswath Damodaran.The 'Dean of Valuation' thinks Nvidia...

Market Resilient After Fed Shocker; Big Warning Fuels This Group

The stock market rally showed resilience Wednesday. Indexes initially gave up ground on a surprisingly hawkish Federal Reserve rate-hike outlook, but closed mixed...

Goldman Sachs Lifts S&P 500 Price Target; Here Are 2 Stocks to Play the Bounce

Year-to-date, the S&P 500 has delivered an impressive return of 14%. However, those gains are a bit deceiving as the bulk of the...

The Fed Paused Rate Hikes: Here’s What It Means for Money Market Accounts

The Federal Reserve announced Wednesday that it would maintain interest rates at current levels. The decision ended—for now at least—a streak of 10...

Don’t Blame the Fed for the Dow’s Drop—Blame UnitedHealth

Don’t Blame the Fed for the Dow’s Drop—Blame UnitedHealth Source link

Jerome Powell just admitted that some banks are in trouble with their commercial real estate holdings: ‘We do expect that there will be losses’

After announcing its first pause on interest rate hikes since March of last year, Federal Reserve Chair Jerome Powell told reporters that he’s...

Tesla’s $240 Billion Rally Set to Collide With a Bearish Signal

(Bloomberg) -- Tesla Inc. shares snapped their record-setting 13-day winning streak Wednesday, as a hawkish stance from the Federal Reserve and market technicals...

Latest news