In this article ETH.CM= BTC.CM= Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That's one reason why bitcoin rose slightly on Thursday. STR | NurPhoto via Getty Images Bitcoin rose
Reuters Israel says U.S. should helm Mideast build-up against Iran JERUSALEM (Reuters) -Israel and Arab countries that share its worries about Iran should build up their military capabilities under Washington's aegis, the Israeli defence minister said on Tuesday ahead of a visit to the region by U.S.
SINGAPORE -- Asia-Pacific markets rallied on Thursday tracking U.S. stocks after the Federal Reserve raised benchmark interest rates 75 basis points in a move that equates to the most aggressive hike since 1994. The positive moves followed a tumble across the markets earlier this week following
Financial markets suffered an absolute bloodbath in the days leading up to Wednesday’s Federal Reserve decision, with stocks plunging and bond yields soaring in the wake of surprisingly hot inflation data — a sign that investors feared a more Volcker-esque reaction from Federal Reserve Chairman
U.S. biotech is a hot pick for Goldman Sachs , which said the sector offers investors some "very attractive" entry points. Luke Barrs, head of fundamental equity, EMEA at Goldman Sachs Asset Management, told CNBC there is a "transformational change" happening in healthcare, particularly in
The U.S. economy is much stronger than people think, and there's "no evidence" of an impending slowdown or recession yet, says celebrity investor Kevin O'Leary. "I'm not saying we won't get one, but everybody that's saying it's coming around the corner next week is just wrong,"
Motley Fool Are Investors Valuing Robinhood's Business Near $0? In a remarkable fall from grace, the stock of Robinhood Markets (NASDAQ: HOOD) has collapsed 91% from its all-time high of $85 a share, which was set not long after it listed on the public markets in 2021.
Investors may still be nervous about Chinese stocks despite massive declines that have made them compelling, but portfolio manager Sid Choraria assures tech titan Alibaba is no "value trap." To classify Alibaba as one, investors would have to believe that the e-commerce giant's growth will be
Investors are "going to get hurt" if they're in long duration bonds right now, says venture capitalist Kevin O'Leary. His comments come hours after the Federal Reserve raised interest rates by 75 basis points -- the central bank's most aggressive hike since 1994. "I wouldn't be buying
