Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Cayman Islands and Morocco included in the terrorist financing watch list
Four jurisdictions, including the Cayman Islands and Morocco, will undergo further monitoring as they face pressure from a global watchdog to address shortcomings in their anti-money laundering efforts. The Financial Action Task …
Read More »Nvidia shares plummet after earnings. Bitcoin is partly to blame.
Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
Read More »Bitcoin may weigh in on tech stocks again. Investors must be careful.
“Blame it on Bitcoin” may be a new catchphrase if the tech sector continues to sink. Semiconductor manufacturer Nvidia (ticker: NVDA) was down 8.1%, to $ 532.94, in recent trading amid a …
Read More »Stock futures mark lower ahead of new Powell testimony
US equity futures fell as investors waited for further comment from Jerome Powell, a day after the Federal Reserve chairman’s comments calmed volatile markets. Futures linked to the S&P 500 were down …
Read More »Bitcoin and Ether Prices Fall After Hitting All-Time Highs
This year’s furious crypto rally lost steam on Tuesday, knocking prices of bitcoin and ether down from recent highs, along with declines in other risky assets, including tech stocks. Bitcoin fell 13% …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »Stock futures fall ahead of Powell’s comments
US equity futures fell Tuesday as investors waited for Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures linked to the S&P 500 were down 0.1%. …
Read More »Tesla’s bitcoin gambit already made $ 1 billion, more than 2020 earnings from car sales, analyst estimates
Much has been made of the considerable sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been around since 2009. Read: Why did Tesla buy bitcoins? However, …
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