Is the Fed too powerful?
Is the Fed too powerful? Charles Payne, Host of Making Money on FOX Business Network, shares his thoughts on whether the U.S. could see a scenario where the Federal Reserve exists with diminished powers. Payne also discusses insights from his latest book ‘Unbreakable Investor.’ Catch the interview with Michelle Makori – https://www.youtube.com/watch?v=qwxBBNcyuP0 Follow @kitco for […]
Watch this move from Saudi Arabia at the upcoming BRICS summit #shorts
Andy Schectman, President and Owner of @MilesFranklinCo, tells Michelle Makori that “all roads” point to Saudi Arabia becoming a full member of the BRICS bloc. Watch the full interview here to find out what it means for the U.S. dollar. #shorts #saudiarabia #usd #currency #economy #brics source
Will there be another rate hike in November? #shorts
Pat LaVecchia, CEO of Oasis Pro, tells Michelle Makori that he anticipates another rate hike this year but expects rates to steady in 2024. To get LaVecchia’s take on the Fed’s next steps, watch the full interview here – https://www.youtube.com/watch?v=ycEJAF17S3I Follow us @kitco to stay on top of the economy and financial markets. Coverage sponsored […]
31% of new crypto buyers influenced by friends. Why to be cautious
2023-04-28 11:23:00 About a third of new crypto investors in 2022 used a friend’s suggestion as their primary reason for buying, according to the FINRA Investor Education Foundation and NORC at the University of Chicago. Buying bitcoin, ethereum and other digital assets just on the basis of a friend’s recommendation may lead to trouble, experts […]
Proactive ONE2ONE #Virtual #Investor Forum – Thursday 21st April 2022
Proactive ONE2ONE #Virtual #Investor Forum – Thursday 21st April 2022 from 6:00 pm GMT. Register here to take part: https://event.webinarjam.com/register… Hearing the inside story and understanding the team behind the performance is crucial to making informed decisions. Join us to find out more and meet management teams from: #Todos #Medical Ltd (#OTCMKTS: #TOMDF) #HealthBeacon Plc […]
At Netflix, the new growth story is all about cash
2022-07-20 A sign is posted in front of Netflix headquarters on April 20, 2022 in Los Gatos, California. A day after Netflix reported that its second-quarter slide in subscribers was much smaller than investors had feared, a different takeaway may sink in from the earnings report at the world’s largest streaming service: A years-long debate […]
Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin
2022-04-30 Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite a shift in public […]
Visa launches crypto consulting services
2021-12-07 22:00:01 Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies. The payments processor said Wednesday its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out crypto features to exploring non-fungible […]
Google warns crypto miners are hacking cloud accounts
2021-11-26 07:48:15 Cryptocurrency miners are using hacked Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details of the security breach in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed […]
China property market may see more pain, though Evergrande crisis may ease
2021-11-08 18:15:00 People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. BEIJING — Worries about Chinese real estate developers’ high debt levels have rattled investors despite signs that property giant China Evergrande may be making […]
Why the taper will be good for the stock market, according to history
2021-11-07 07:00:40 The Fed is tapering, and unlike the central bank’s 2013 reduction in monthly purchases of Treasury bonds and mortgage-backed securities, the stock market took it in stride. Or did it? When then-Fed chair Ben Bernanke surprised the market in 2013 with an indication the Fed would end its bond buying, stocks declined by […]
‘Squid Game’ cryptocurrency up nearly 2,400% in the last 24 hours
2021-10-28 12:20:34 Scene from “Squid Game” by Netflix Source: Netflix Netflix‘s new Korean-language show “Squid Game” about a deadly tournament of adults playing children’s games in the hopes of winning a big cash prize is a worldwide sensation. Now, it has its very own brand of cryptocurrency that has launched with a huge price run-up. […]
Spot bitcoin ETF unlikely until at least mid-2022: Valkyrie Funds CIO
2021-10-28 13:23:08 An exchange-traded fund backed by physical bitcoin is still far off, says the man behind the second-ever bitcoin futures ETF. The Valkyrie Bitcoin Strategy ETF (BTF), an actively managed product that holds a mix of front-month bitcoin futures contracts, Treasurys, corporate bonds and cash, followed in ProShares’ footsteps last week. Valkyrie’s ETF launch […]
David Tepper doesn’t think stocks are a great investment here, but says it all depends on rates
2021-10-22 09:06:50 Hedge fund manager David Tepper has turned somewhat bearish on the stock market, citing uncertainties around interest rates and inflation. “I don’t think it’s a great investment right here,” Tepper said Friday on CNBC’s “Halftime Report.” “I just don’t know how interest rates are going to behave next year… I don’t think there’s […]
Bitcoin miner Stronghold Digital Mining makes Nasdaq debut
2021-10-20 15:11:13 Spence and Beard of Stronghold Aaron Kotowski Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies. Trading on the Nasdaq under ticker symbol “SDIG,” the Pennsylvania company, which mines bitcoin from waste coal, priced its stock at […]
Tesla, Elon Musk are trailing on one trendy stock market metric
2021-10-20 09:10:56 Tesla CEO Elon Musk and Christian Democratic Union (CDU) party leader Armin Laschet visit the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk has said the fundamental good the electric car maker does will be measured in the acceleration of […]
First bitcoin futures ETF rises 3% in trading debut on the NYSE
2021-10-19 06:37:06 Shares of the first U.S. bitcoin-linked exchange-traded fund rose in their trading debut Tuesday. The ProShares Bitcoin Strategy ETF, ticker “BITO,” jumped more than 3% to $41.44. The fund tracks CME bitcoin futures, or contracts speculating on the future price of bitcoin, rather than the crypto itself. That means investors in the ETF […]
Jim Cramer warns that the stock market could be ‘toast’ if oil prices keep climbing
2021-10-18 15:54:35 CNBC’s Jim Cramer said Monday the oil rally could eventually unsettle the stock market. “If you want the rest of the stock market to keep climbing, oil needs to stop going higher, otherwise we’re toast,” the “Mad Money” host said, after the price of West Texas Intermediate (WTI) crude hit $83.87 on Monday, […]
Strong bank earnings have changed the tone of the stock market
2021-10-15 16:31:59 CNBC’s Jim Cramer said Friday he believes the tenor on Wall Street has been altered by the recent slate of major bank earnings, providing rays of optimism following a gloomy few weeks for stocks. “The big banks have changed the tone of this entire market,” the “Mad Money” host said, referring to the […]
5 things to know before the stock market opens Wednesday, Oct. 13
2021-10-13 04:55:27 Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to avoid a four-session losing streak Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters 2. Supply chain woes, rising costs may […]
Coinbase is launching a marketplace for NFTs
2021-10-12 10:00:02 Coinbase is getting into NFTs. The cryptocurrency exchange said Tuesday it plans to launch a marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens. Users can sign up to a waitlist for early access to the feature, the company said. NFTs are one-of-a-kind digital assets designed to represent ownership of […]
Teens are getting more interested in cryptocurrencies
2021-10-05 14:57:54 CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC’s Courtney Reagan breaks down the Piper Sandler ‘Taking Stock with Teens’ survey. Plus, Facebook’s whistleblower testifies on Capitol Hill a day after a massive outage for the social network. Facebook has apologized for the mass outage that left billions of users […]