Asia-Pacific markets mostly higher after volatile week; India inflation and industrial data in focus
Asia-Pacific markets were mostly higher on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks.
Futures for benchmark U.S. indexes were lower as investors awaited key inflation data...
A sense of calm has returned to Wall Street.
But it hasn't been easy.
To recap for those whipsawed by the fast and furious action: Rising recession risks and the rapid unwinding of...
Bitcoin recovered sharply from the intra-week lows of below $50,000, signaling aggressive buying at lower levels. Although this is a bullish sign, veteran trader Peter Brandt believes the selling is not done yet. Brandt said in a X post that there...
Federal Reserve Chair Jerome Powell has mentioned two factors that could lead to interest rate cuts. One was inflation declining to near the Fed's 2% goal. The other was a weakening job market.
Both boxes have now been checked off. The Fed's favorite inflation metric -- the personal consumption expenditures...
This technology company will suffer from end-market weakness in 2024, but its long-term prospects remain excellent.
The stock market did not take kindly to machine vision company Cognex Corp.'s (CGNX -0.03%) recent second-quarter earnings report. Unfortunately, its end markets are weakening in 2024, and the hoped-for pick-up in orders in the all-important second and...
Cryptocurrency custody platform BitGo is set to move its Wrapped Bitcoin business to a multi-jurisdictional and multi-institutional custody structure to ramp up its security efforts.
Currently, BitGo’s Wrapped Bitcoin (WBTC) custody operations and cold storage are based solely in the United States. However, according to an Aug. 9 statement, the company...
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors.
The sell-off in bitcoin and ether began earlier this week and...
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors.
After a prolonged period of calm, financial markets went into a tailspin this week.
The Japanese Nikkei 225 index tanked more than 12% on Monday, marking its worst performance since 1987. The S&P 500 sank more than 3% and...
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
Wealthy investors and family offices shied away...