But UST's isn't the first depegging in stablecoins and it probably won't be the last. Here's what you need to know about this week's Terra fiasco.
But UST's isn't the first depegging in stablecoins and it probably won't be the last. Here's what you need to know about this week's Terra fiasco.
House Republican Leader Kevin McCarthy (R-CA) listens to fellow Republican House members speak about U.S. President Joe Biden's first year in office on Capitol Hill in Washington, January 20, 2022. Kevin Lamarque | Reuters House Republican leader Kevin McCarthy and four other GOP lawmakers allied with former
In this article TWTR The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters As Elon Musk pursues ownership of Twitter, shares of the social
Something funny is happening on Wall Street, and traders are trying to figure it out.
In this article CVNA A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in which several heavily-shorted stocks popped. The stock was up about 30% around 12:38
In this article CVNA GM GME Source: NYSE Check out the companies making headlines in midday trading Thursday. Carvana -- Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has
In this article GOOGL Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. "We definitely see uncertainty ahead, like everyone else," Pichai told CNBC's Deirdre Bosa
Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company. All the valuations below are as of Thursday’s close. Ark funds bought a whopping 546,579 shares of Coinbase (COIN) the largest U.S. cryptocurrency exchange,
Motley Fool Is Upstart's Stock a Buy After Crashing This Week? At Tuesday's prices, the tech-heavy Nasdaq Composite was down almost 25% in 2022, and many individual stocks have fallen much more than that. The company's disappointing guidance reflected the macroeconomic uncertainty for the coming year,
Most of the recent discussion of student debt has focused on the prospect of forgiving that debt—telling borrowers that they don’t have to repay the funds the federal government provided to help them pay for college or graduate school. The fierce debates about the pros and