Stocks for some of the largest tech companies are weighing down Wall Street after the Nasdaq closed down 4.3% on Monday. It’s mostly to do with tech companies that were favorites during an earlier stage of the coronavirus pandemic, when locked-down consumers flocked to such services as Netflix, Amazon, and Peloton. Since then, those same […]
May 10, 2022 12:46 p.m. ET E85 fuel at a gas station in Nevada, Iowa. Photos: Jason Reed/REUTERS Tom Hazelleaf (Letters, May 2) is right about letting markets lead the fight against climate change, but wrong about imposing a carbon tax. Gasoline is the largest emitter by far of new carbon dioxide. The price elasticity […]
Sarote Pruksachat | time | Getty Images The stock market has been off to a rough start this year. The S&P 500 Index is currently down more than 16% year to date through Monday’s close. That’s sparked worry for some investors. Some 43% said they’re too nervous to invest in the market right now, according […]
May 10 (Reuters) – Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets. Bitcoin, which makes up for nearly 40% of the crypto market, hit a […]
If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]
Published: 3:12 PMMay 10, 2022 More than a half a dozen traders have moved into the new £4.7m market area in Great Yarmouth. The new market space is beginning to fill up with stalls as traders move from the current market a stone’s throw away. Once filled the new covered market will have 26 main […]
Tiger Global has lost $17 billion in 2022 in one of the worst runs for a hedge fund in history, LCH Investments said. The fund has now wiped out around two-thirds of the cumulative gains it had made for investments since it was founded in 2001. Tiger has been hit by a major stock-market sell-off […]
Investor jitters apparent in $MELI’s declining value could impact Latin American startups Alex WilhelmAnna Heim 9 hours The declining valuations of major technology companies, including a host of recent IPOs, were partially triggered by lackluster guidance. As we saw this morning with Upstart, guidance can trump trailing results when it comes to setting investor sentiment […]
DUBLIN, May 10, 2022–(BUSINESS WIRE)–The “Indium Global Market Review 2022 and Forecast to 2031” report has been added to ResearchAndMarkets.com’s offering. The report presents a thorough study of the indium industry, covering both global and national markets. It aims to give a proper picture of the market, its trends, perspectives and opportunities. Comprehensive data on […]
Walrus Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on a Roth conversion. The strategy allows higher earners to sidestep the earnings limits for Roth individual retirement account contributions, […]