Coinbase Stock Keeps Sliding After Earnings Report

Coinbase Stock Keeps Sliding After Earnings Report

The biggest cryptocurrency exchange in the US said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. CORNER -12.60% said Tuesday that it lost hundreds of millions of dollars in the first quarter, sending the stock tumbling in after-hours trading. Following the after-market report, … Read more

Dow Falls for Fourth Straight Day

Dow Falls for Fourth Straight Day

US stocks swung between gains and losses on Tuesday as uncertainty over inflation, interest rates and the economy continued to weigh on the market. All three major indexes opened higher, with the technology-heavy Nasdaq Composite up 2.8% at one point. By late morning, stocks had mostly erased those gains and appeared on track to extend … Read more

Consider These Signs When Deciding Whether to Wade Into the Market

Consider These Signs When Deciding Whether to Wade Into the Market

Text size Some strategists see more pain ahead for global stocks even as they plan for better days. Dreamstime The hesitancy to buy this dip in global stocks is real. Whether it’s concern that the Federal Reserve isn’t going to save the day or the depth of the uncertainty looming overhead, several strategists see more … Read more

Facebook Makes Changes to Respond to Slowing Growth

Facebook Makes Changes to Respond to Slowing Growth

Facebook (FB) – Get Meta Platforms Inc. Class A Report is preparing for difficult days ahead. The social media giant has just taken steps to reduce its costs in anticipation of the slowdown in growth predicted by many economists. The firm, which renamed itself Meta Platforms last October, has just decided to change its hiring … Read more

Elon Musk Fears for His Life After Russian Threats

Elon Musk Fears for His Life After Russian Threats

You’re here (TSLA) – Get Tesla Inc Report CEO Elon Musk has never been afraid to confront his opponents publicly. From his Silicon Valley peers like recently Bill Gates, the co-founder of software giant Microsoft (MSFT) – Get Microsoft Corporation Report, to President Joe Biden, the richest man in the world fears no one. It’s … Read more

Elon Musk Sounds The Alarm About Japan

Elon Musk Has an Original Way to Outshine Warren Buffett

He is charismatic and unpredictable. His personality divides. Some people describe him as the most revolutionary CEO of recent years. Others see in him a CEO who is the mirror of an era dominated by trends that follow one another at the speed of a short video on TikTok. We stick all the labels on … Read more

Ford Might Have Very Bad News for Rivian

Ford Might Have Very Bad News for Rivian

The first quarter was very tough for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report and its shareholders. The latter saw the value of their stake melt away as shares of the upstart tumbled due to investor concerns about its ability to handle production rate increases, a PR crisis born of clumsiness linked … Read more

Should I Sell My Stocks Now?

Should I Sell My Stocks Now?

While the May 5 stock market crash shook a lot of investors, it really just continued a trend. A number of stocks that had delivered tremendous returns during the pandemic have seen their prices fall dramatically over the past year. That’s not a one-day phenomenon. It’s something that has been happening for quite a while. … Read more

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.

What Bitcoin Could Be Worth to Fidelity. You'll Be Surprised.

Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move to make Bitcoin available in 401(k) plans. Add up the revenue that might bring in, and it starts to be less of a surprise. Fidelity is the … Read more

Investors Rush Into Defensive ETFs as Market Turbulence Grows

Investors Rush Into Defensive ETFs as Market Turbulence Grows

Jittery investors are pouring money into exchange-traded funds tied to defensive sectors, seeking safety in a market that continues to be whipsawed by worries about rising interest rates. Net inflows into defensive ETFs—or those related to the consumer staples, healthcare, utilities and real-estate sectors, along with precious metals, Treasurys and commodities—have totaled $50 billion this … Read more