Category Archives: Syndicated
A fintech expert’s top 6 crypto predictions: Bitcoin hitting $100,000 is ‘ambitious but hardly insane’
(CNBC) 2021 was a wild year for cryptocurrency. Despite bitcoin’s recent plunge, for example, its price has still risen by more than 70% in the past 52 weeks. More important, bitcoin and other cryptocurrencies have made tremendous strides, not just […]
Despite supply issues and omicron, holiday sales rise 8.5%
(CNBC) Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new Covid-19 variant in the last few weeks of the season, according to one spending measure. To […]
What Bill Gates is ‘most worried about heading into 2022’
(CNBC) For the most part, Bill Gates is optimistic about 2022. But the billionaire Microsoft co-founder still has a few concerns heading into the coming year. In Gates’ recently published end-of-year blog post, titled “Reasons for optimism after a difficult […]
Meme stocks, SPAC craze and a $100 million deli: It was a wild year in the market
(CNBC) An army of Reddit traders, triple-digit gains and a $100 million deli: In a wild year of trading, the unexpected became the norm in the stock market. This year’s activity coincided with a surge of rookie investors who joined […]
EV stocks soared on hype in 2021 — investors are betting 2022 will bring actual revenue
(CNBC) If 2021 was the year for electric vehicle stocks, 2022 is the year for actual deliveries. At least that’s the wager. Investor money this year poured into Rivian and Lucid Motors, valuing the EV companies at a combined $150 […]
Crypto donations to charity are booming. What to know before making a year-end gift
(CNBC) Cryptocurrency donations to charity are booming, with gifts still rolling in as the calendar winds down. There was a 583% increase in digital asset donations in 2021 compared to 2020 on Crypto Giving Tuesday, a campaign started by The […]
Stock futures rise slightly as market looks to extend comeback rally to a third day
(CNBC) Stock futures were slightly higher Wednesday evening following the second trading day in which equities climbed higher, as investors looked past earlier jitters about the spread of the omicron Covid variant. Futures contracts tied to the Dow Jones Industrial […]
Treasury yields are flat ahead of holidays as investors continue to monitor the pandemic
(CNBC) Treasury yields held steady on Wednesday as investors await a raft of U.S. economic data and continue to monitor government responses to the rapidly spreading omicron variant. The yield on the benchmark 10-year Treasury note was little changed at […]
Hedge fund liquidations fall to historic low
(Hedgeweek) New hedge fund liquidations fell to a record low in Q3 as total industry capital surpassed the historic USD4 trillion milestone to begin Q4 2021, according to the latest HFR Market Microstructure Report by HFR. To read this article:
From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022
(CNBC) All things considered, bitcoin has had a pretty good year. The digital currency is up nearly 70% since the start of 2021, driving the entire crypto market to a combined $2 trillion in value. To read this article:
Hedge fund liquidations fell to 102, the lowest quarterly total since Q2 2006
(Opalesque) New hedge fund liquidations fell to a record low in 3Q as total industry capital surpassed the historic $4 trillion milestone to begin 4Q21, according to the latest HFR Market Microstructure Report, released by HFR. Hedge fund liquidations fell […]
Stock futures are flat following Dow’s 500-point rebound
(CNBC) Stock futures opened flat on Tuesday night after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant. Dow Jones Industrial Average futures fell 0.03%. S&P 500 futures inched 0.06% lower and […]