news on cyptos
The stock of streaming devices manufacturer and online media content aggregator Roku has emerged as Friday’s biggest premarket loser after dropping by over 4% just a day after releasing new devices. Streaming platform Roku recovers slightly then tumbles The stock had on Thursday slightly recovered from a double-digit tumble recorded on Wednesday but has now…
Read more
Stock markets are on an 8-day gain streak near record highs but there may be hurdles ahead. | Source: AP Photo/Richard Drew, File The U.S. stock market has demonstrated strong momentum as of late with the Dow Jones nearing its record high with a 37-point rise to 27,219 points amidst growing trade deal optimism. The…
Read more
It’s Friday the 13th – not to mention the fact that there’s a full moon tonight – and one Dow Jones stock has investors feeling very afraid. | Credit: APIt’s Friday the 13th – not to mention the fact that there’s a full moon tonight – and one Dow Jones stock has investors feeling very…
Read more
Slack stock tumbled this morning (Sept. 11) amid potential shareholder lawsuits over allegations that the company issued false and/or misleading statements. | Source: REUTERS / Brendan McDermidSlack stock (NYSE: WORK) tumbled on Wednesday as potential shareholder lawsuits piled up.This downward momentum continues a trend from last week when Slack stock got hammered after the company…
Read more
Apple CEO Tim Cook is expected to announce the hotly-anticipated iPhone 11 later today. | Source: Photo by Brittany Hosea-Small / AFPIt’s the biggest day of the year for Apple and Tim Cook. Yep, it’s the annual iPhone reveal, coming live from the Steve Jobs Theatre in Cupertino on Tuesday. Apple is expected to launch…
Read more
If re-election is the aim of Donald Trump, then owning the stock market rally of 2017 may be his biggest blunder yet. Here’s why. | Source: REUTERS / Jonathan ErnstIf re-election is the aim of Donald Trump, then owning the stock market rally of 2017 may be his biggest blunder yet.Historically, presidents of all persuasions…
Read more
The Eurozone’s biggest economy is in decline and the reported stimulus is likely to prove inadequate. | Source: AP Photo/Richard DrewBy CCN Markets: Economists expected Germany, the biggest economy in the eurozone, to introduce crucial stimuli to boost the eurozone economy that could shift the sentiment of the European equities and the wider stock market.However,…
Read more
The Bridgewater Associates co-chief investment officer warns that the stock market could be gearing up for a repeat of the 1930s. | Source: Shutterstock Forget all the recession talk, Wall Street tycoon Ray Dalio is afraid an economic depression could be in the cards. The Bridgewater Associates co-chief investment officer warns that conditions in the…
Read more
Tesla stock spiked amid news that its electric cars will be exempt from a 10% Chinese auto tax after CEO Elon Musk visited the country. | Source: REUTERS / Aly Song Tesla stock was buoyed by news that its electric cars would be exempt from a 10% Chinese tax on auto sales. The move comes…
Read more
A gloomy stock market must wrestle with China’s latest taunt, in which it warned it would “fight to the end” and get the “last laugh.” | Source: Don Emmert / AFPBy CCN Markets: China and the United States keep upping the ante. Presidents Trump and Xi are raising the stakes even further this weekend after…
Read more