Day: November 20, 2022

Crypto Crash
Crypto Fraud
Crypto Mining
Cryptocurrency Regulation

FTX Latest: Crypto Fears Contagion as Billions Owed to Creditors

(Bloomberg) — Sam Bankman-Fried’s bankrupt FTX crypto exchange owes its 50 top unsecured creditors a total of $3.1 billion. FTX Trading Ltd. and about 100 affiliated companies are starting a strategic review of global assets. Investors continue to pull funds from digital-asset exchanges despite the latter’s efforts to reassure markets about their stability. Crypto lender […]

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Crypto Crash
Options and Futures

FTX Mayhem Fails to Scare Futures Exchanges Away From Crypto

(Bloomberg) — Even as some of Wall Street’s old guard has an “I-told-you-so” moment after the collapse of Sam Bankman-Fried’s FTX, futures exchanges aren’t giving up on crypto. CME Group Inc. Chief Executive Officer Terry Duffy, who has been one of Bankman-Fried’s fiercest critics, said he won’t stop crypto-futures trading just because of “one bad […]

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Berkshire Hathaway
Semiconductor Chip Shortage
Semiconductor Fabrication
Warren Buffett

Warren Buffett’s Berkshire Picks Up $5 Billion TSMC Stake

(Bloomberg) — For investors looking for a dip-buying opportunity in the global chip industry, Berkshire Hathaway Inc. may have a recommendation: Taiwan Semiconductor Manufacturing Co. Warren Buffett’s conglomerate picked up a $5 billion stake in the firm in the recent quarter amid a rout that wiped out over $250 billion from the stock. It hasn’t […]

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Trade Of The Day

Top Healthcare Stock To Buy Now

Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. CAH $77.6800 1.1000 % 1.4400 Cardinal Health Sector : Medical Industry : Medical […]

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Economic Recession
Global Economy
Global Inflation

Recession Dangers Augur New Era of Policy Trade-Offs: Eco Week

(Bloomberg) — A new snapshot of the global economy’s weakening growth and persistent inflation will arrive in the coming week, just as surveys reveal headwinds for manufacturers from the US to Europe and Japan. The OECD’s forecasts on Tuesday will show how officials at the Paris-based organization perceive a loss of momentum gripping countries around […]

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Best Stocks With Perfect Trade Setups