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cryptocurrency

Stocks could be volatile in week ahead amid turbulence from cryptocurrency

Stocks could be volatile in week ahead amid turbulence from cryptocurrency Via CNBC.com: The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks could continue to be volatile in the week ahead. Investors are watching the wild swings in bitcoin and trying to gauge whether technology shares can gain traction after a rally attempt in the past week. The Dow and S&P 500 were lower in the past […]

today05/22/2021 30

Chinese stocks

U.S. postpones ban on trading Chinese stocks with alleged military ties

U.S. postpones ban on trading Chinese stocks with alleged military ties Via CNBC.com: The U.S. Treasury said Tuesday it was postponing a ban on trading shares of companies with alleged links to the Chinese military. The new restrictions take effect June 11, versus the prior date of May 27. The move by U.S. President Joe Biden’s administration extends a grace period for investors to comply with an investment ban first announced […]

today05/19/2021 17

crypto market

$270 billion wiped off crypto market as bitcoin falls below $40,000 for first time in 14 weeks

$270 billion wiped off crypto market as bitcoin falls below $40,000 for first time in 14 weeks Via CNBC.com: Bitcoin fell sharply on Tuesday, continuing a major sell-off that began a week ago. The digital currency fell over 13% to hit an intraday low of $38,585.86 at around 12:54 a.m. ET, according to CoinDesk data. It was the lowest level since Feb. 9, the last time it dropped below $40,000. As […]

today05/19/2021 6

inflation

10-year Treasury yield tops 1.65% amid inflation jitters

10-year Treasury yield tops 1.65% amid inflation jitters Via CNBC.com: The 10-year U.S. Treasury yield topped 1.65% on Tuesday morning, as concerns about rising inflation remain, with focus on minutes from the Federal Reserve’s latest meeting due out later this week. The yield on the benchmark 10-year Treasury note rose to 1.651% at 4:20 a.m. ET. The yield on the 30-year Treasury bond climbed to 2.368%. Yields move inversely to prices. Yields rose early […]

today05/18/2021 3

Lamborghini

Lamborghini announces plan for a fully-electric car by 2030

Lamborghini announces plan for a fully-electric car by 2030 Via CNBC.com: Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,” its factory headquarters in Italy. It said the next 10 years will see […]

today05/18/2021 23

February

U.S. stock futures edge lower after Wall Street’s worst week since February

U.S. stock futures edge lower after Wall Street’s worst week since February Via CNBC.com: Stock futures were slightly lower early on Monday following last week’s sell-off triggered by inflation jitters. Futures on the Dow Jones Industrial Average pointed to an opening loss of about 71 points. Both S&P 500 futures and Nasdaq 100 futures traded marginally lower. Elsewhere, bitcoin’s price saw a partial recovery. The price of the cryptocurrency was […]

today05/17/2021 2

Dogecoin

Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing

Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing Via CNBC.com: Dogecoin soared early Friday after a tweet from supporter Elon Musk, and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 56 cents at 3 a.m. ET, according to data from Coin Metrics. As of 4:30 a.m., dogecoin was up 36% at 52 cents per coin. It’s still down about 20% from […]

today05/14/2021 4

Colonial Pipeline

Colonial Pipeline restarts after hack, but supply chain won’t return to normal for a few days

Colonial Pipeline restarts after hack, but supply chain won’t return to normal for a few days Via CNBC.com: Colonial Pipeline restarted operations Wednesday at approximately 5 p.m. ET after a ransomware attack last week forced the entire system offline on Friday evening. The company did warn, however, that its pipeline would not be fully functional immediately. “Following this restart it will take several days for the product delivery supply chain […]

today05/13/2021 9

Tesla

As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin

As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin Via CNBC.com: Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. At around 6:06 a.m. Singapore time on Thursday when Musk made the announcement, the value of the whole cryptocurrency market stood at around $2.43 trillion, according […]

today05/13/2021 8

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