Bitcoin is an "economic side show" and a poor hedge against a decline in equity prices, analysts at JP Morgan said in a sobering assessment that could undercut the cryptocurrency's rise to record highs.
There's a new star in the investing space, and her name is Cathie Wood. The founder of the ARK Invest family of actively managed exchange-traded funds has revolutionized the industry, eschewing passive index tracking in favor of good old-fashioned stock picking. All five of Wood'
China's Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles (EV), sources said, departing from industry convention whereby EVs are marketed and sold alongside traditional cars.
Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold.
The U.S. dollar maintained its biggest loss in 10 days on Friday after disappointing U.S. labour market data bruised optimism for the country's speedy recovery from the COVID-19 pandemic.
Thursday brought some selling pressure to Wall Street, with major market benchmarks giving up ground but finishing well off their worst levels of the day. The Dow Jones Industrial Average (DJINDICES: ^DJI) joined the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX
Stocks extended their losses as the afternoon progressed, with disappointing jobs data and a weak earnings report from Walmart (WMT) casting a shadow on Wall Street. The Dow lost roughly 119 points. Meanwhile, both the S&P 500 and Nasdaq also registered significant dro
Stocks on Wall Street closed lower on Thursday as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labor market.
Stocks on Wall Street fell on Thursday as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labor market.
Ethereum, the second largest cryptocurrency in terms of market capitalization and volume, hit a record high on Thursday, lifted by growing institutional interest in the space, and more than a week after its futures were launched on the Chicago Mercantile Exchange.
Wall Street stocks fell on Thursday as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labor market.
What happenedShares of special purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV) were trading higher on Thursday. Reuters reported earlier this week that the SPAC was getting close to a deal to merge with electric-vehicle maker Lucid Motors.
Wall Street's main indexes fell on Thursday as investors resumed a shift out of big technology-related firms, while an unexpected rise in weekly jobless claims pointed to a fragile recovery in the labor market.
In the following video interview, Motley Fool CEO Tom Gardner speaks with Dave Lee about diversification and long-term investing and what it takes to find long-term winners in today's market. Tom also shares why long-term investing is so effective while also dropping in some pers
In the following video interview, Motley Fool CEO Tom Gardner speaks with Dave Lee about diversification and long-term investing and what it takes to find long-term winners in today's market. Tom also shares why long-term investing is so effective while also dropping in some pers
The retail trading boom has fired up the stocks of some small German brokers, including one run by around 50 people, which reported a 10-fold rise in annual profit after an almost similar jump in its share price in less than a year.
Wall Street's main indexes fell on Thursday as investors resumed a shift out of big technology-related firms, while an unexpected rise in weekly jobless claims pointed to a fragile recovery in the labor market.
Churchill Capital IV (NYSE: CCIV) has created quite a stir as shares have more than doubled in February. The bullish sentiment is based on ongoing rumors and headlines that the SPAC will merge with Lucid Motors, in the same manner that DraftKings and several other SPACs were tak
Electric vehicles (EV) are a hot investing topic these days. Not so much because they constitute a significant share of auto sales, but more because the prices of EV-related stocks are skyrocketing on future speculation.President Joe Biden has said he wants the entire federal fle
(RTTNews) - Electric carmaker Tesla Inc has cut the price of its base variants of the Model 3 sedan and the Model Y sports utility vehicle or SUV, Reuters reported. However, the prices of the company's performance variants have been increased.Tesla's Model 3 Standard Range Plus i