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Stock futures modestly lower after major averages close at record highs
U.S. stock index futures were modestly lower in overnight trading on Thursday, after the major averages closed at new highs.Futures contracts tied to the Dow Jones Industrial Average fell…
Buffett says market ‘almost totally a casino’ as it rallied in recent years
Warren Buffett on Saturday said US financial markets had become “almost totally a casino” as millions of new traders flooded into the financial system during the pandemic.The…
Supply chain braces for next shockwave as China battles COVID
(Updated April 16, 2022, 5:55 P.M. ET)Concern is growing that the spread of COVID cases and city lockdowns in China will have massive downstream effects for global supply…
China’s Plunging Markets Trigger Capital Flight, State Support
(Bloomberg) -- It’s been a painful week for traders of China’s stocks, bonds and currency as growing fears about the fallout from the nation’s Covid Zero strategy send markets…
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin – Featured Bitcoin
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the…
‘A recession in the next 12 months is not in our base case’: Stocks got clobbered
The stock market ended a volatile week on a gloomy note Friday, with the three major U.S. indexes plunging as investors got tripped up in worries like inflation,…
Indian Crypto Investors In Panic Mode As Bitcoin Exchanges Deactivate Deposits
According to reports, two large Indian cryptocurrency exchanges have stopped deposits via a popular payment method, causing worry in a country where…
Elon Musk Makes Offer to Buy Twitter: Live Updates
Twitter’s headquarters in San Francisco. Credit...Laura Morton for The New York TimesTwitter’s board is considering a defensive move known as a poison pill that would severely limit Elon…
Dow Jones Futures: Market Rebounds, But For How Long? Apple, Amazon Hit Techs
Dow Jones futures edged lower overnight, while S&P 500 futures fell modestly and Nasdaq futures declined sharply, as Apple (AAPL) and Amazon stock led key earnings late Thursday,…