FANG became FANG out of sense of the inevitable dominance of Facebook, Amazon, Netflix and Google, operators of winner-take-most platforms running the consumer Internet. Now — as FANG has sputtered, with the stocks sitting 7% to 35% below their...
  Shares of Powell Industries rose sharply Wednesday after the company's profit and revenue jumped in the fiscal first quarter. The stock was up 50% to $122.15 in recent trading, on track for a new all-time high and its largest percent increase on record. Shares are on track for their best...
Ether price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates. The Ether sell-off follows a market-wide decline that has sent Ethereum network fees plummeting by 39.90% in the past 30-days. Daily Ethereum...
While many pundits have labeled Solana (SOL) as an "Ethereum killer" due to its lower fees and faster transaction times, Solana Labs co-founder Raj Gokal said the project has no desire to kill the cryptocurrency — and wouldn’t be able to if...
Most people think of bonds as being appropriate for those who need regular current income without a huge amount of risk. Yet some bonds are structured specifically not to pay income currently. The special ways in which these zero coupon bonds work can make them appropriate for very different...
The Chicago Mercantile Exchange (CME) Group witnessed a record-shattering performance in the third quarter with regards to the trading of Bitcoin and Ethereum futures and options contracts. The increase in trading activity serves as evidence for heightened involvement of institutional investors in the market for cryptocurrency derivatives. The main focus...
Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months' turbulence wears off. According to data from on-chain analytics firm CryptoQuant, miners' BTC holdings increased dramatically in July.
A gauge of global stocks cut losses on Wednesday and benchmark U.S. Treasury yields largely held gains after the Federal Reserve repeated its pledge to keep its target interest rate near zero for years to come. The U.S. dollar...
Market Snapshot Global stocks started the week on a firmly positive note Monday, with investors using last week's stronger-than-expected U.S. jobs data to drive markets higher even as they remain concerned over the impact of trade disputes between the White House and its major economic allies. China's warning Monday that it...
The digital assets marketplace is positioned to grow and mature further next year as more commercial applications of the blockchain are brought to market and regulation helps facilitate their use in new investment applications, according to a Goldman Sachs executive. Mathew McDermott, head of digital assets at Goldman Sachs, told...
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