The euphoria has driven investor sentiment to new highs, technicals to extremes, and expectations for earnings to very high levels.
Kategorie-Archiv: CNBC Financial News
Two-day bitcoin sell-off wipes out $100 billion from the entire crypto market
The price of bitcoin slipped 10% in two days to fall below the $32,000 level for the first time since Jan. 11.
Millions of new investors piled into mainland Chinese stock markets in 2020
For all of 2020, new investors increased by 18.02 million to 177.77 million, official data showed. That’s about 1.5 million new accounts a month.
American Eagle sees holiday-quarter sales dropping low-single digits amid weak mall traffic
American Eagle expects fourth-quarter sales to decrease in the low-single digits, driven by a drop in store sales due to weak mall traffic during the pandemic.
United’s losses mount but airline expects to surpass 2019 margins in 2023
United Airlines posted another quarterly loss and said it expects sales to continue to struggle in the first quarter.
Leon Cooperman sees ‚euphoria‘ in parts of market, says he’s skeptical on long-term outlook
„There’s a meaningful chunk of the market today that’s in euphoria,“ the billionaire investor old CNBC.
Five key takeaways from Janet Yellen’s Treasury confirmation hearing
An audience of mostly friendly legislators questioned Yellen across a variety of topics.
SpaceX bought two former Valaris oil rigs to build floating launchpads for its Starship rocket
Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads for its Starship rocket.
Goldman Sachs crushes analysts‘ estimates on stronger-than-expected stock trading, investment banking
Goldman equities traders produced a 40% bump in revenue from a year earlier to $2.39 billion, exceeding expectations by nearly half a billion dollars.
Schwab earnings top estimates in first report since TD Ameritrade merger, accounts near 30 million
Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.