Wall Street's major indexes ended higher on Friday, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in U.S. job growth in October.
Amazon.com (AMZN.O), opens new tab rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit above Wall Street estimates.
Meanwhile, Apple (AAPL.O),...
Vice President Kamala Harris and former President Donald Trump have both put economics at the heart of their campaigns, but the two candidates have very different visions for what the economy might look like under their leadership.
The stock market has two divergent paths laid out for it, and the...
US stocks staged a comeback on Friday as investors digested a big miss in the monthly jobs report and welcomed Amazon (AMZN) and Intel (INTC) earnings.
The tech-heavy Nasdaq Composite (^IXIC) gained 0.8%, while the S&P 500...
Wall Street executives, political gamblers and cryptocurrency traders are piling up their bets that former President Donald Trump is returning to the White House.
But the stock market may be telling a different story.
Mt. Gox is moving its Bitcoin again.
Late Thursday, the collapsed exchange moved 500 Bitcoin—worth over $35 million—to cold storage, according to data and wallet labels from blockchain tracker Arkham Intelligence.
It isn’t...
A Historic Bitcoin Rise in Sight
Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. presidential election. Green stated on Tuesday:
Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential
JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the upcoming U.S. presidential election could enhance retail interest in bitcoin and gold. They noted:
Retail investors appear to be embracing...
New economic data will be released on Nov. 1.
A lot is going on next week. The U.S. Presidential Election is on Nov. 5 and the Federal Reserve kicks off its November meeting a day later, which will end on Nov. 7 potentially with another interest rate cut. The party...
Cryptocurrency exchange Coinbase (COIN) late Wednesday announced that third-quarter revenue grew 78%, but still slightly below analyst estimates. Coinbase also missed Q3 earnings views. The stock retreated Thursday even as bitcoin traded near record high levels.
Coinbase reported Wednesday Q3 earnings of 28 cents per share, up from a loss...
Asia markets fell Friday, after the Nasdaq Composite and the S&P 500 suffered their worst day in nearly two months, while investors awaited Federal Reserve rate verdict and U.S. elections next week.
Caixin China manufacturing purchasing managers’ index for October came in at 50.3, beating median estimate of 49.7 in a Reuters poll of economists,...
