Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns …
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. Source link
Here are the biggest calls on Wall Street on Source link
The indexes are generally holding Tuesday's pop, rotating away from danger and for now keeping in place the idea that a "higher low" could be in place. Source link
Here are the biggest calls on Wall Street on Source link
As inflation reaches record highs and oil prices surge, some economists say a recession could come as early as 2023, and the odds are growing. Source link
Multiple "very strong indicators" are pointing toward a recession next year, warns Satori Fund's Dan Niles. Source link
Here are the biggest calls on Wall Street on Source link
Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom issued a weaker-than-expected revenue forecast for the first quarter and full fiscal year on Monday. Shares of the video-chat software maker, …
DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You can think of a DAO like a group of individuals acting in concert with no single leader. Unlike a normal pool of investors, DAOs …
