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Category: Cryptocurrencies

Cryptocurrencies

Stock Market Today-2/8: Peloton, Pfizer, Nvidia Active; Stocks Flat With Inflation In Focus

Wall Street is looking at a muted open Tuesday as investors pick through another series of December quarter earnings will focusing on the release of January inflation data later this week. U.S. equity futures edged Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

NZD Flat ahead of Inflation Expectations

It has been a quiet start to the week for the New Zealand dollar. This week’s economic calendar is light, with no New Zealand data on Tuesday. We could see NZD/USD show some movement on Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Peloton Stock Dives As CEO John Foley Ousted, Q2 Earnings Show Demand Slump

Pelton CEO will step down after the group posted a $266.5 million second quarter loss and unveiled a major cost-cutting overhaul many see as a move to make the fitness equipment maker more attractive for Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Pfizer Beats Q4 Earnings Forecast, Sees $54 Billion In 2022 Covid Sales; Stock Slides

Pfizer said combined sales of its Covid vaccine and treatment drugs would rise to $54 billion this year, around half of its total projected revenues. Updated at 7:24 am EST Pfizer Inc.  (PFE) – Get Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Nvidia Stock Slides After Calling-Off $40 Billion Arm Takeover From SoftBank

Softbank will retain a pre-paid $1.25 billion breakup fee after the collapse of its planned $40 sale of chip designer Arm Holdings to Nvidia. Nvidia  (NVDA) – Get NVIDIA Corporation Report shares slipped lower Tuesday after Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Peloton Stock Slides On Report John Foley To Step Down, Company Plans Major Job Cuts

The Wall Street Journal is reporting that CEO John Foley will step down from the company, potentially paving the way for a sale of the connected fitness equipment maker. Peloton  (PTON) – Get Peloton Interactive, Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Higher Yields Start to Bite but Stocks Fight Back, Dollar Edges Up

Bond yields climb to fresh highs as inflation and tighter policy fears grip markets Equities nevertheless perk up globally but Wall Street on shaky ground Dollar regains front foot, oil prices pressured by optimism around Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Euro Dips to 1.14, Lagarde Shifts Gears

The euro is slightly lower on Tuesday, after little movement on Monday. In the European session, EUR/USD is trading at 1.1409, down 0.28% on the day. It’s a light day on the economic calendar, with Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

How to Make Money in an Inconsistent Market

You need to find these kinds of stocks for this kind of market. How can traders react to an “extreme inconsistency” between indexes and individual stocks? The answer, says TheStreet’s James “Rev Shark” Deporre, is Read more…

By , 4 years ago February 8, 2022
Cryptocurrencies

Peloton, Meta, Nvidia, Take-Two and Stock Markets – Five Things You Must Know

Stock futures edge higher, with earnings, inflation in focus; Peloton shares slide amid report CEO john Foley will step down; Meta shares extend slide as early investor Peter Thiel leaves board; Nvidia shares slip after Read more…

By , 4 years ago February 8, 2022

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