Day: November 12, 2022

Real Estate
Real Estate Crash

Compass Soars 89% Over Two Days on Cost Cuts, Housing Hopes

(Bloomberg) — Compass Inc. has surged 89% over two days as the hard-hit home seller committed to managing costs, building on investors’ optimism that the Federal Reserve could slow the pace of rate hikes. Shares of the New York-based residential real estate firm gained 44% Friday, after the chief executive officer said Compass is managing […]

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Oil
Oil Feild Services
Trade Of The Day

Top Oil Field Stock To Buy Now

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through two segments, Completion Services, and Well Construction and Intervention Services. NEX $10.5000 0.2800 % 2.7400 Nextier Oilfield Solutions Inc Sector : Oils-Energy Industry : Oil – Field Services Signal Short Term Trend […]

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Bear Market Rally
Santa Claus Rally
Stock Market Rally
Wall Street

Wall Street Managers Are Pushing Back on Easing Inflation Hopes

(Bloomberg) — Euphoria is sweeping every corner of Wall Street in the wake of the latest data that suggests inflation is peaking from a four-decade high. Yet big money managers are in no mood to celebrate – betting that the world will have to contend with elevated prices for years to come, in a game-changer […]

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Crypto
Crypto Crash
Cryptocurrency
Cryptocurrency Regulation

FTX Trading’s Liabilities Dwarfed Liquid Assets, FT Says

(Bloomberg) — Sam Bankman-Fried’s FTX Trading exchange held $900 million in liquid assets against $9 billion of liabilities the day before Friday’s bankruptcy filing, the Financial Times reported Saturday, citing investment materials the newspaper had seen. Most of the recorded assets are either illiquid venture capital investments or crypto tokens that are not widely traded, […]

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