(Bloomberg) — Bitcoin bulls beware: Wall Street expects the cryptocurrency’s crash to get a whole lot worse. The token is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey. […]
Read More(Bloomberg) — Stocks in Asia look set for a cautious start on Monday amid fresh concerns about the possibility of more growth-sapping Covid curbs in China that could weigh on the global economic outlook. Futures rose for Japan and Australia but were little changed for Hong Kong, where casino shares face a challenging open after […]
Read More(Bloomberg) — Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz LLP as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter. The social media company aims to file suit early this week, according to the people, […]
Read MoreEngages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. RELL $15.4500 0.7300 % 4.9600 Richardson Electrncs Sector : Computer and Technology Industry : Electronics – Parts Distrib Signal Short Term Trend Long Term Trend BUY UP UP Day: 4.96% Wk: 5.39% […]
Read More(Bloomberg) –Even if Joe Biden secures a pledge for more oil when he visits Saudi Arabia next week, it may do little to drive down the high fuel prices roiling the global economy. The US president’s visit to a country he once vowed to isolate represents a significant thawing of relations, but the Saudis and […]
Read More(Bloomberg) — A looming recession, runaway inflation, an energy crisis in Europe and a euro that’s sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challenges this season that could create another reason to dump stocks. After a tumultuous first half for global equities, with $18 trillion in value […]
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