Articles

Whether bitcoin and ether rise or fall over the next few days hinges on these trades

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

Airbnb’s stock is on pace for its biggest percentage drop ever. Here’s how some analysts think the company can rebound.

Airbnb Inc. was among the S&P 500’s worst performers on Wednesday and was on track for its biggest percentage drop on record after the vacation-rental platform a day earlier said it saw “some signs of slowing demand from U.S. guests” and “shorter booking lead times.”

Jamie Dimon: Investors ‘overreacted,’ and recession odds remain about the same

JPMorgan Chase & Co. Chief Executive Jamie Dimon said the market plunge and partial recovery in the past week amounted to an ”overreaction” by investors. He added that ”America is alive and well.”

Summer movie season has had ‘plenty of tricks up its cinematic sleeve’ for AMC

A year after the “Barbenheimer” phenomenon, movie-theater chains are enjoying a boost in foot traffic from this year’s hit summer movies, says analytics company Placer.ai.

In a stock-market meltdown, this retirement-account trick can save you thousands in taxes

But too few people know about it, or do it.

JPMorgan Chase’s $1.2B cash-reserve boost leads big banks as lenders brace for slowing economy

Banks employed different approaches to their loan-loss strategies, according to an analysis of their Q2 results by MarketWatch.

Rivian sees gross profit ahead, but some on Wall Street remain skeptical

Rivian’s stock losses continued into Wednesday, as some predicted a “bumpy path” for EV maker.

Oil prices lifted as data shows drop in U.S. crude inventories

Oil futures rose Wednesday, finding support as the stock market continued its recovery from a global rout that had served to pull down commodity prices.

The ‘short volatility’ trade has finally blown up. Why investors probably aren’t waiting to pile back in.

For years, sophisticated traders reaped huge returns through bets that would pay off if the Cboe Volatility index, known as the VIX of Wall Street’s “fear gauge,” declined.

Stock-market investors breathe sigh of relief after Bank of Japan blinks. They shouldn’t get too comfortable.

Stock-market bulls cheered Wednesday after a top Bank of Japan official said policymakers won’t hike rates in the face of unstable financial markets. Skeptics say any comfort may prove fleeting.

Illegal-immigration surge has cost these swing-state taxpayers billions, study says

Immigration boosts federal tax revenue, but states and localities bear unique costs.

Shopify’s stock soars more than 20% as margin performance stands out

Management showed that it’s “more committed to margin expansion than expected,” an analyst said.
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