Riding high off recent crypto successes, the Silicon Valley venture capital firm Andreessen Horowitz convinced big-time backers, like pension funds, university endowments, family offices, and others, to pour $2.2 billion into a new crypto investment vehicle.
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Ethereum: Why We Have Yet to See the ETH Rally
I see more room for growth, as Ethereum undergirds the infrastructure of a rapidly growing crypto ecosystem: DeFi.
Energy Stocks Set to Open Higher Despite Modest Pullback in Oil Prices
Energy stocks are set to open higher, continuing their week-to-date strength and rising despite a modest pullback in oil prices. Higher broader index futures and tempered interest rates are aiding the sector. Corporate news flow is light.
Nike (NKE) Q4 Earnings: What to Expect
While there is no doubt that the company has executed with great precision throughout the pandemic, leveraging its Direct to Customer strategy to beat its competitors, the stock valuation has been a major hurdle for many investors.
FedEx (FDX) Q4 Earnings: What to Expect
Buoyed by stronger-than-expected business activity and pandemic-induced e-commerce volumes, FDX stock has shot up more than 140% over the past year. Investors now want to know what the package delivery giant can do to sustain momentum
BlackBerry (BB) Q1 Earnings: What to Expect
Can BlackBerry’s (BB) resurgence continue? And if so, is its recent momentum justifiable? Renewed interest in the so-called “meme stock” mania have sent BlackBerry shares surging some 377% from their March 2020 lows
Daily Markets: Jobless Claims and Infrastructure to Drive Day’s Trading
Today, investors will digest the latest weekly jobless claims report, which is expected to show a fall to 380,000 from 412,000 the prior week, as well as the May Durable Goods Order data. Investors will also be watching Washington for progress on infrastructure spending
How Marketplace Technology Is Driving Economies Forward
During a webinar with Microsoft, ‘Reimagining Global Markets: How Marketplace Technology is Driving Economies Forward,’ we explored the intersection of cloud and the technology that powers some of the world’s largest marketplaces.
Daily Markets: First Look at U.S. Economy in June
And on the economic front, we’ll receive the first look at how the U.S. economy fared in June courtesy of the IHS Markit Flash June Manufacturing and Services PMIs.
Yuanta Securities Rings Nasdaq’s Closing Bell
Yuanta Securities, a leading brokerage firm in Taiwan, rang Nasdaq’s closing bell on June 22 to celebrate becoming the first Taiwan broker to offer Nasdaq’s real-time market data to all of its local clients.