Inflation cools off and revives tech stocks
Recent inflation figures are reviving a familiar tech trade! Tech stocks are soaring and bond yields are falling. Several of the FAANG stocks jumped. The Nasdaq ripped higher, gaining more 6% in recent
Recent inflation figures are reviving a familiar tech trade! Tech stocks are soaring and bond yields are falling. Several of the FAANG stocks jumped. The Nasdaq ripped higher, gaining more 6% in recent
Bitcoin hit its lowest level in two years today! Pressure on cryptocurrencies continues, as traders mull whether crypto exchange Binance will actually acquire rival FTX and amid lingering concerns over contagion in the
Meta shares rose premarket after the social-media giant announced widespread layoffs! Shares of Facebook parent Meta Platforms rose after founder Mark Zuckerberg said the social-media company would cut more than 11,000 jobs. Tweet
Elon Musk sold almost $4 billion of Tesla shares following his $44 billion takeover of Twitter, after saying he wasn’t planning more sales of the EV maker’s stock Tesla stock fell Wednesday after
Shares of crypto friendly app Coinbase, recently down 9% to $46.11 in Wednesday trading! Officially reaching what would represent a new all-time low, as the crypto industry continues to be roiled by the
Turkey sold a staggering $1.5 billion in U.S. dollar bonds on Tuesday! As investors dip back into emerging-market assets, the bonds have a yield of 10% and mature in 2028. Tweet on Turkey’s
A real selloff in Tesla shares accelerated this week, dragging the shares 8.3% lower! The electric vehicle-maker is on pace to close with a market value of less than $600 billion for the
Tech investor SoftBank’s stock was a bit of on a slump in October, and all of a sudden surged over 30% That only due to buybacks announcement that took investors by surprise Tweet
Stocks to watch today: Meta Platforms: The Facebook and Instagram parent is planning to begin large-scale layoffs this week, according to people familiar with the matter. Its shares added 3.2% premarket. Apple: The
Shares of the SPAC attempting to take former President Trump’s social-media company public rose more than 35% Reaching a stunning $22 per share Monday following reports that he is preparing to announce a
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