Best Stocks
EA Discontinues Partnership With FIFA: Shares Down 18% YTD
Video games publisher Electronic Arts will stop making FIFA branded football titles and suffers a plunge in share price as Q4 earnings get released.
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Best Stocks
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Best Stocks
Market Analysis
US Annual Inflation Lowers to 8.3% But Falls Short of Expectations
For the first time since August 2021, the US annualized inflation rate decreased.
Best Stocks
Goldman Sachs to Wind Down SPAC Involvement After SEC Creates New Rules
Goldman Sachs withdrawal marks the end of the SPAC boom.
Best Stocks
AAII Data Reveals Most Investors Are Retaining Stocks: Selloff Could Get Worse
AAII survey shows investors still holding on to their stock positions, implying more selling to come in a bear market.
Crypto
MicroStrategy Down 46% YTD, Will Get Margin Called if BTC Falls Below $21k
Microstrategy could face a margin call over its Bitcoin-backed loan if the Bitcoin price drops below $21,000.
Crypto
Crypto Market Cap Down $144B after Stocks Plunge
Following the sharp drop in US stocks on Thursday, the crypto market lost a collective $144 billion in market cap.
Best Stocks
Bitcoin Could Outperform Equities Despite Rate Hike, Report Suggests
Bitcoin continues to separate itself from other risk-on assets with increasing bullish behavior.
Crypto
Elon Musk Mocks Twitter’s NFT Integration Using BAYC PFP
Judging by Musk's past actions, we may see a poll deciding whether Twitter should host NFTs or not.
Best Stocks
Fat-Finger Error by Citi Trader Led to Europe’s $315B Flash Crash on Monday
Citigroup admits an input error by a trader caused a flash crash in the European markets on Monday.
Best Stocks
Fed Likely to Raise Interest Rate by 0.5%: IMF Deputy Warns Inflation Could Get Worse
IMF Deputy warns that inflation could rise even faster than what central banks anticipate.
Best Stocks
HOOD Hits All-Time Low at $9.40 as Plan for 300+ Layoffs Ends Hyper-Growth Story
HOOD plunges to new lows after announcing layoffs and anticipating poor earnings.
Best Stocks
Apple Down 4% as Workers Seek to Unionize and Earnings Likely to Miss Target
Apple has hired anti-union lawyers, which signals that the tech titan is not happy about workers trying to organize.
Best Stocks
ARKK Innovation Fund Down 65% from ATH: Tesla Remains Biggest Bet
Cathie Wood's flagship fund is nearing a two-year low, but short-sellers believe the drop will be short-lived.