Stocks await powell, us data, crypto focus shifts to legislation

US stocks are entering a holding pattern ahead of Fed Chair Powell’s speech as some investors look for him to somewhat ease up on the hawkish rhetor...

November 30, 2022, 3:29 pm

Bumble rolls out a new message-before-match feature ‘compliments'

Bumble has experimented with many ways to help its users engage with each other beyond tapping and swiping on miscellaneous profiles. Today, Bumble la...

November 30, 2022, 2:14 pm

Doordash lays off 1,250 employees to rein in operating expenses

DoorDash is laying off 1,250 people in an effort to rein in costs, the company's CEO Tony Xu said in a message...

November 30, 2022, 9:35 am

Federal reserve chair powell speaks mid-week - "a hawkish policy message" expected

This is via the folks at eFX.

For bank trade ideas, ...

November 28, 2022, 9:34 pm

Fed's bullard: markets are under-pricing the risk the fomc might be more aggressive

• Rates need to go higher to bring inflation down
• We've got a ways to go
• Repeats that he will defer to Powell on the pace of hi...

  November 28, 2022, 5:06 pm

No let-up in demand for bitcoin, ether puts after dovish fed minutes

U.S. Federal Reserve (Fed) policy and macroeconomic factors are no longer the focal points for crypto traders.That’s the ...

November 24, 2022, 12:14 pm

Buffett buying taiwan semiconductor sends a message no one is talking about

It's easy to see why Warren Buffett might like TSM at the current prices. However, there's also another messag...

November 24, 2022, 6:50 am

Carvana to lay off 1,500 employees amid economic uncertainty

Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock, according to an ...

November 18, 2022, 11:47 am

Will semiconductors (smh) reversal send bullish message to stock market?

Over the past decade, we have written A LOT about the importance of following the technology sector as a leading indicator of the health of the market...

November 18, 2022, 9:58 am

Don’t even think that monetary tightening is going to pause

Central bankers in the United States and around the world are doubling down to quell any investor notions that monetary tightening is about to pause w...

November 17, 2022, 12:15 pm

Boj's uchida says its too early to discuss an exit from monetary stimulus

Shinichi Uchida, is the Bank's executive director in charge of monetary policy. While not on the policy board he plays a substantial role in develo...

November 17, 2022, 2:47 am

Some remaining ftx balances stolen, $383m drained from exchange

The hopes for anyone getting any money out of FTX are dwindling after nearly $400 million was drained from the exchange late on Friday.

Crypt...

November 12, 2022, 1:30 pm

Binance chief cz says el salvador didn’t hold any bitcoin on sam bankman-fried’s collapsing ftx

“I exchanged messages with President Nayib a few moments ago. He said ‘we don’t have any Bitcoin in FTX and we never had any business with them....

November 11, 2022, 6:01 pm

Does bumble have read receipts? here's what to know

Bumble does not use read receipts to notify you if someone has read your message. Here's what that entails and how it compares to other dating apps....

November 11, 2022, 5:07 pm

Twilio: atrocious guidance but there is hope

Twilio is a leading communications platform which is used by businesses such as Airbnb and Shopify to send automated text messages. The company beat r...

November 7, 2022, 6:10 pm

Boe pill: interest rates don’t need to rise as high as markets are pricing

BoE Chief Economist Huw Pill told CNBC, “Our current assessment is that we don’t think interest rates would need to rise as high as markets are pr...

November 4, 2022, 10:47 am

New wrinkles in misinformation as midterms near: election skeptics at polling places, and on ballots; fake news in new languages; elon musk at twitter's helm

Conspiracy theories about vote-by-mail ballots. Anonymous text messages warning voters to stay home....

November 3, 2022, 6:31 pm

Musk orders twitter to cut infrastructure costs by $1 bln -sources

Elon Musk has directed Twitter Inc's teams to find over $1 billion in annual infrastructure cost savings by cutting cloud services and extra server sp...

November 3, 2022, 5:36 pm

Oil price fundamental daily forecast – opec+'s ‘symbolic' production cut sends message to us, europe

OPEC and its allies on Monday agreed to a small oil production cut to bolster prices that have retreated on fears of a global economic slowdown....

September 5, 2022, 10:21 pm

The fda's mixed messages sent amylyx pharmaceuticals stock off a cliff

The FDA offered mixed messages Friday for Amylyx Pharmaceuticals' experimental neurological disease treatment, and AMLX stock crashed. The post The FD...

September 2, 2022, 1:45 pm