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Bitcoin sold off sharply on the weekend, but steadied Monday as analysts bet it will now fall into a consolidation stage. The cryptocurrency's big run-up into the $65,000 area around the Coinbase debut on the Nasdaq set it up for a fall, which is likely to be followed by a less volatile range-bound period. Bitcoin steadied after a roughly 15% […]
Read moreNew York (CNN Business)It’s game over for GameStop CEO George Sherman. The video game retailer and meme stock announced Monday that Sherman will be stepping down on July 31 — or earlier if a successor is found. The news is not a major surprise given that Ryan Cohen, the co-founder and former CEO of online pet supplies retailer Chewy (CHWY), […]
Read moreHoward Capital CEO: You’d be crazy not be in this market Vance Howard tells ‘The Claman Countdown’ why he is 100% invested in stocks U.S. equity markets pulled back from record highs Monday as another week of trading kicked off on Wall Street. The Dow Jones Industrial Average was lower by 66 points, or 0.19%, while the S&P 500 and […]
Read moreHere are the most important news, trends and analysis that investors need to start their trading day: Stocks set to drop after Dow, S&P 500 record closes Bitcoin slammed in a wild weekend even as China adjusts view GameStop CEO to resign; 'Roaring Kitty' doubles down Deadly Tesla crash probed; CPSC warns about Peloton's Tread+ U.S. hits vaccine milestone as […]
Read moreFox Business Flash top headlines for April 16 Check out what’s clicking on FoxBusiness.com. WeWork, which had one of the most spectacular IPO implosions in recent years, is trying to go public again—and some of the factors that worried regulators on the first deal are back again. Stocks in this Article WeWork isn’t doing an initial public offering this time, […]
Read moreHow investors can own private company stocks before they go public Liberty Street Advisors CIO Christian Munafo on how SharesPost gives investors access to private companies shares before they go public. U.S. equity markets climbed to record highs Friday and were on track for a fourth straight week of gains helped by a jump in home construction data. Ticker Security […]
Read moreThe call options that Keith Gill bought at the beginning of 2021 are set to expire on Friday. The bet is estimated to generate a gain north of $7 million. Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube —is the man who helped inspire the epic GameStop short squeeze. Gill has also been holding 100,000 […]
Read moreWhat investors can expect from the cryptocurrency revolution amid Coinbase going public CoinDesk Chief Content Officer Michael Casey and BlockTower Capital CEO Matthew Goetz on Coinbase going public and their outlook for the cryptocurrency market. The drought for a Bitcoin exchange-traded fund may soon be over, especially after Coinbase, now the largest publicly traded cryptocurrency exchange, rocked out its direct […]
Read moreBernie Madoff has died in a federal prison Bernie Madoff, who orchestrated the largest ponzi scheme in history, has passed away in federal prison at 82 years old. WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as a charming wizard with a Midas touch. His […]
Read moreFox Business Flash top headlines for April 15 Check out what’s clicking on FoxBusiness.com. Apple Inc. and Goldman Sachs launched a $200 million fund Thursday aimed at removing carbon from the atmosphere through investing in forestry projects, while "generating a financial return for investors." The "Restore Fund" will focus on trying to remove at least 1 million metric tons […]
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