Articles

: Bitcoin price briefly rallies 10% on false spot ETF report

The price of bitcoin rallied following a false report on social media that the SEC approved an application for a spot bitcoin exchange-traded fund.

: Millions (or less) in Bitcoin and other crypto will now buy you a Ferrari

Enrico Galliera, Ferrari's chief marketing and commercial officer told Reuters that the fast-car maker is now accepting cryptocurrencies as payment in the U.S.

: Mullen’s stock hits another record low after EV-production update

Mullen Automotive's stock sank further into record-low territory, after the electric-vehicle maker provided a production update.

: Here are the S&P 500 and Nasdaq 100 companies that had consistently high returns on equity for at least 10 years

What's a good starting point when looking for companies that have a good moat?

The Fed: Fed’s Goolsbee says declining inflation is a trend and not a ‘blip’

The slowing in the pace of inflation is a trend and not a blip, said Chicago Fed President Austan Goolsbee in an interview with the FT.

The Ratings Game: An Uber in the making? Here’s how Instacart’s stock could see better days ahead.

After just a few weeks of public life, shares of Instacart are already trading below their listing price. Still, numerous analysts see better days ahead.

: Yellen says the U.S. can afford to support two wars simultaneously

Treasury Secretary Janet Yellen said the U.S. can afford supporting two countries -- Israel and Ukraine -- simultaneously.

Need to Know: It’s earnings season. Why Netflix and Nvidia have been crossed off this firm’s list for quality stocks.

A storied investment firm says investors shouldn't pay too much attention to earnings news.

Economic Report: New York Fed’s Empire State factory gauge slumps in October

The New York Fed’s Empire State business conditions index edged down to negative 4.6 in October, the regional Fed bank said Monday.

IPO Report: Birkenstock’s IPO was one of the worst debuts for a billion-dollar deal in a decade

German footwear company closed down 12.9% in its first day of trade, which was the worst for a billion-dollar deal since AppLovin fell 18.5% in its 2021 deal.

Futures Movers: Oil hovers around $90 a barrel as investors monitor Israel-Hamas war

Oil futures trade near unchanged after a jump at the end of last week, with investors on the lookout for signs the Israel-Hamas war could escalate.

: Banks beat expectations but some economic cracks form as caution abounds

Consumers with lower FICO scores feel the pressure, while competition heads up in the auto-lending business and mortgages remain weak.
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