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Category: Investments

Cryptocurrencies

Morgan Stanley: Polar Vortex May Arrive for Economy

The drop in U.S. consumer confidence to a 10-year low shows the economy and earnings are at risk, Morgan Stanley said. Last week’s news of weakening consumer confidence bodes ill for the stock market, according Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Goldman Sachs Cuts Year-End Target for S&P 500

It’s still looking for an 11% gain from the recent level, but sees a chance that the S&P 500 falls 18% from its recent level. Goldman Sachs has lowered its year-end target for the S&P Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Crypto Price: Super Bowl Is a Big Win for Coinbase, but a Loss for Bitcoin

Bitcoin fails to reach the $50,000 mark despite the Super Bowl hype, but Coinbase Global gets over 20 million hits on its landing page. The crypto-related hype surrounding Sunday’s Super Bowl produced mix results as Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Manscaped Is Getting Ready to Go Pubic, uh, Public

Roses are red, violets are blue, give Manscaped as a gift for Valentine’s Day, and he’ll say… maybe I’ll wait for the stock instead? Roses are red, violets are blue, give Manscaped MANS as a Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Pound Dips as Employment Data Looms

The pound is down at the start of the week, ahead of the January data report on Tuesday. In the European session, GBP/USD is trading at 1.3551, down 0.31% on the day. It’s a busy Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Sunset Market Commentary

Markets There were no important data in the US or EMU today. Even if this had been the case, they probably only had a secondary role to play. The market focus completely shifted from last Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Soros Fund Management Takes Stake in Rivian

The position was worth about $2 billion when George Soros’ firm bought it, but is now worth about $1.2 billion. Iconic investor George Soros’ investment company Soros Fund Management snapped up almost 20 million shares Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Ark’s Cathie Wood Walks the Walk, Buys Tech Including Block, Roblox

Cathie Wood has said in recent weeks that she’s not giving up on her speculative technology growth stocks. Star investor Cathie Wood of Ark Investment Management isn’t just talking the talk in her investing. She’s Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

Tesla’s Elon Musk Challenges Regulators Again

CEO Elon Musk of electric-vehicle producer Tesla does not digest the pressure of the regulators. It’s called pouring gasoline on the fire — even when we’re talking electric vehicles.  Elon Musk does not like the Read more…

By , 3 years ago February 14, 2022
Cryptocurrencies

The U.K Sends a Chilly Message to NFT Investors

The United Kingdom’s tax authority seized three NFTs and arrested three people as part of a £1.4 million ($1.89 million) tax fraud probe. Anonymity may be part of the draw of digital assets like NFTs Read more…

By , 3 years ago February 14, 2022

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