Monthly Archives: January 2024

(CNBC) Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year. And a number of commentators CNBC spoke to — both inside and outside of the cryptocurrency industry — expect the rise to […]

(CNBC) Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 up 43%, its best year since 2020, […]

(CNBC) Prosecutors have decided not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried. In a note to Judge Lewis Kaplan on Friday, the U.S. government explained that the decision to forego a second set of proceedings had […]

(CNBC) Regulators around the world from Europe to Asia ramped up efforts to bring about formal laws for digital currencies in 2023 — but it was the U.S. that took some of the harshest legal actions against major players in […]

(Hedgeweek) SkyBridge Capital, the hedge fund firm found by Anthony Scaramucci, saw losses in its largest fund of 39% last year after investors asked the firm to return half their money after a series of failed bets on cryptocurrencies and […]

(CNBC) Stock futures rose slightly in overnight trading as the S&P 500 looks to cap off its best January since 2019.Futures tied to the S&P 500 added 0.26%, while futures connected to the Dow Jones Industrial Average inched 0.15%, or […]

(CNBC) Analysts expect Apple to post its first year-over-year revenue decline since 2019?s March quarter when it reports earnings on Thursday. There are a few contributing factors. The company couldn’t build enough of its high-end iPhones when its primary assembly […]

(CNBC) DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $1.69 Revenue: $40.65 billion To read this article:

(CNBC) Wall Street’s worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent Meta lost almost two-thirds of its value in 2022 as year-over-year revenue fell in consecutive quarters, leading the company in […]

(CNBC) Hedge funds are positioning for a slow down in this year’s stellar start for Treasuries by quietly building up the biggest bearish bet on bond futures on record, according to a report by Bloomberg. To read this article:

(CNBC) Stock futures were modestly lower on Sunday evening as investors geared up for a week of key corporate earnings and a possible interest rate hike from the Federal Reserve. Futures tied to the Dow Jones Industrial Average slipped 56 […]