By Luc Olinga The former Goldman Sachs banker was a big fan of the Luna token. Despite its crash, he’s remains a proponent of crypto. Mike Novogratz first went silent. And this lasted almost 10 days. And then he opened up and explained. He, like a larg…
Crypto Prices Tumble as Stock Market Falls
By Rob Lenihan Cryptocurrencies are falling as inflation fears and a slump in retail stocks pull down the stock market. Cryptocurrency prices were falling on Wednesday as tumbling retail stocks and inflation fears battered Wall Street. Bitcoin was down…
Latest Housing Blow: Homebuilder Confidence Slips
By Dan Weil ‘The housing market is facing growing challenges,’ says National Association of Home Builders Chief Economist Robert Dietz. Soaring home prices and mortgage rates, along with a lack of home inventory, have made life difficult for prospectiv…
Walton Family Lost $19 Billion In One Day
By Ellen Chang Post-earnings rout hammers net worth of retailer family in largest drop since 1987. If the decline in Walmart shares continues, Sam Walton’s heirs may have to start shopping at the discount retailer themselves. Walton family members lost…
Buffett vs. Burry: Buy or Sell Apple Stock?
By Bret Kenwell Apple stock again is faltering as it tries to reclaim support. Here are the levels to know now. Apple (AAPL) – Get Apple Inc. Report isn’t doing much to help the markets on Wednesday, down more than 5% on the day. Just yesterday, Apple …
Trading Target Stock After Earnings Plunge and Bear Market Hits Retail
By Bret Kenwell Target is getting swamped, as is most of retail. Here’s the must-hold support area for the Minneapolis retail giant. Not long ago, high-quality retailers were a safe haven for investors. I had said these were some of the best names in t…
This Beloved New York Department Store is Coming Back From Pandemic Death
By Veronika Bondarenko HBO’s “Sex and the City” once gave this iconic department store a shoutout. The pandemic and the shifting face of retail have been particularly hard on the American department store. Once-iconic institutions like Lord & Taylor, B…
Disney+ Unveils New Marvel, Star Wars Shows
By Michael Tedder First looks at “She-Hulk,” and “Star Wars: Andor” have arrived. Disney (DIS) – Get Walt Disney Company Report has been making a lot of noise lately about its’ runaway hit streaming service, Disney+. It recently outlined what sort of a…
Musk Mad Tesla Removed from S&P 500 ESG Index
By Ellen Chang Tesla CEO Elon Musk is unhappy that the EV company was deleted from the S&P; 500 ESG Index. Tesla ( (TSLA) – Get Tesla Inc Report) CEO Elon Musk is extremely unhappy that the EV company was eliminated from the S&P 500 ESG Index on Wednes…
Amazon, Clorox on Bank of America List of Stocks Hurt by Inflation
By Dan Weil Inflation is raging, with consumer prices soaring 8.3% in the 12 months through April. Inflation is rampant, as you’ve undoubtedly noticed during your recent shopping trips. Consumer prices soared 8.3% in the 12 months through April. In you…