Asian Stocks Decline as Chip Selloff Gains Steam: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares fell on Thursday as worries over tightening U.S. restrictions on semiconductor sales to China deepened a global sell-off in technology shares. Most read articles on Bloomberg Stocks in Japan and South Korea fell, with the Tokyo Stock Exchange down 1.5%, weighed down by a stronger yen and heavy selling by chipmakers […]
Dow Jones Today: Tech Selloff Sends Nasdaq, S&P 500 Lower as Investors Rotate Into Small Caps – Investopedia
S&P majors on Thursday 1 hour 36 minutes ago Rejectors Tesla Tesla (TSLA) shares had the biggest fall among S&P 500 stocks, plummeting 8.4% after reports the company would delay its robotaxi launch. The company had previously suggested it would hold an event on August 8 to unveil its autonomous vehicle solution, but Bloomberg reported […]
German Gov’t $354M BTC sell-off: Yet more volatility incoming? – Cointelegraph
A wallet named after Arkham Intelligence’s German Government (BKA) has an additional 6,000 bitcoin (worth $354 million) stored in preparation for the next BTC sale. So far, 5,853.409 Bitcoin (BTC) has been sent to addresses associated with exchanges such as Coinbase, Kraken, and Flow Traders, as well as other unconfirmed or unverified addresses. The next […]
Germany transfers about $40m in Bitcoin amid ongoing selloff – crypto.news
The German government has transferred 700 Bitcoin (BTC) worth approximately $40.47 million. The transaction is part of an ongoing trend in which governments have been consistently selling off their Bitcoin holdings since June. German Bitcoin Liquidations Continue According to blockchain data analytics platform Lookonchain, the German government has transferred an additional 700 BTC to cryptocurrency […]
Trump in line for extra SPAC payday despite $4.5 billion selloff – Yahoo Finance
(Bloomberg) – A rocky start for Trump Media and Technology Group stock has wiped out $4.5 billion in market value in just a few weeks. But they would have to lose much more than that to risk huge special bonuses on the ex-president and his corporate insiders. Most Read Articles on Bloomberg As part of […]
Genesis purchases $2.1B of Bitcoin following GBTC sell-off – Cointelegraph
Bankrupt crypto finance company Genesis sells approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin (BTC) as part of preparations to settle debts with creditors is reported to have been sold. According to recent Bloomberg reportOn April 2, Genesis liquidated approximately 36 million GBTC shares, valued at approximately $58.50 per share […]
These stocks were oversold during this week's sell-off and could be due for a bounce – CNBC
Stocks that have been under pressure this week could be poised for a rebound. Major stock averages rose on Friday, attempting to rebound from the previous session’s decline and the Dow Jones Industrial Average’s worst day since March 2023. Despite attempts at recovery, all three indexes are having a down week. Investors dealt with several […]
We're buying more of this health-care company amid an overdone sell-off – CNBC
Immediately after the opening bell, you purchase 140 shares of Abbott Laboratories for approximately $112. Following this transaction, the Jim Cramer Charitable Trust will own 700 shares of ABT, increasing the Company’s weight in the portfolio from 1.95% to 2.42%. We’re buying Abbott Laboratories on recent weakness as we continue to believe the market is […]
USD/JPY Selloff Continues Ahead of the FOMC Meeting – DailyFX
USD/JPY, FRB analysis Recommended by Richard Snow Forex News Trading Overview Yen looks vulnerable ahead of FOMC and all-important dot plot Ahead of this evening’s important FOMC decision, the yen continued to fall against the dollar in morning trading in London. Although there is no realistic expectation that the federal funds rate will change, market […]
Jim Cramer: It's not too late to buy this portfolio health-care stock after Friday's selloff – CNBC
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Monday’s key moments. U.S. stocks rose on Monday as the Nasdaq and S&P 500 looked to recover from weekly losses. Big gains were seen in tech stocks to start the new week. NVIDIA stock rose as Nvidia […]