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Wall Street
Snap shows ad market’s nightmare ‘becoming a reality’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeWednesday, May 25, 2022Today's newsletter is by Brian Cheung, an anchor and reporter…
Amazon Stock: Riding A Wave To A Cheaper Berth Of $1572 (NASDAQ:AMZN)
PaulVinten/iStock via Getty Images Amazon (NASDAQ:AMZN) has clearly broken through a lower low on the monthly time frame, with a probable third wave target of 1572. If you read my previous article, you will know that one of the reasons I…
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this
Billionaire hedge fund manager Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse."There is no prospect for a material reduction in…
Snap’s warning of a weaker outlook sends ripples through tech stocks
An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback attempt from…
GameStop debuts crypto and NFT wallet that ‘markets don’t value’ right now
In a bid to switch from a brick-and-mortar retailer to an e-commerce and crypto company, GameStop (GME) is releasing a “beta version” of its crypto and NFT wallet.Now available for through Google Chrome’s app store, the video game…
Stock market news live updates: Stocks rise to recover from bear market brink
U.S. stocks rose Monday, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden administration.The S&P 500 rose…
Exclusive: General Atlantic plans $2 billion investment in India, Southeast Asia
The logo of the upcoming World Economic Forum 2022 (WEF) is pictured on a window at the congress center, in the Alpine resort of Davos, Switzerland May 21, 2022. REUTERS/Arnd Wiegmann/File PhotoRegister now for FREE unlimited access to…
What is total value locked (TVL) in crypto and why does it matter?
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of…
Wall Street Hits the Croisette: Why Private Equity Investors Are Bullish on Indie Film
Wall Street appears to have gone Hollywood. Private equity, or PE, firms are pumping money into the entertainment content, financing independent production and snatching up companies at a level never seen before in the indie…
Microsoft Is The Ultimate Wonderful Company At A Fair Price (NASDAQ:MSFT)
tiero/iStock via Getty Images It's been an extraordinary year for stocks. On May 18th, the S&P fell 4%, and the Nasdaq almost 5%, the worst day for the market since June 11th, 2020. Ycharts For many popular growth stocks, it's…