Markets

Asia-Pacific stocks climb; Fed's Powell warns he can't guarantee 'soft landing'

Asia-Pacific stocks climb; Fed’s Powell warns he can’t guarantee ‘soft landing’

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SINGAPORE — Shares in Asia-Pacific edged higher in Friday morning trade, continuing a rollercoaster week as investors remain cautious over inflation and the global economic outlook. The Nikkei 225 in Japan traded 1.05% higher, with shares of Japanese conglomerate SoftBank Group jumping more than 2% despite reporting Thursday a record loss at its Vision Fund …

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Jim Cramer says investors shouldn't allow a tumultuous market to prevent them from finding 'better opportunities'

Jim Cramer says investors shouldn’t allow a tumultuous market to prevent them from finding ‘better opportunities’

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CNBC’s Jim Cramer on Thursday said that while investors should tread carefully as the stock market continues to be stormy, they also shouldn’t be afraid to make moves to strengthen their portfolios. “We want to be very careful to buy stocks with stories that can handle a slowdown. … A good portfolio manager never sells …

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Bitcoin Utility Grows During The Bear Market

Bitcoin Utility Grows During The Bear Market

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One of the main aspects of on-chain analysis is to examine transactions over the network. Unlike exchange-involved transactions, which often lead to price volatility, transactions outside of exchanges demonstrate the network utility as possible payments among users. It makes a positive contribution to the development of the network over the long term if users are …

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Stock futures fall slightly with S&P 500 teetering on edge of a bear market

Stock futures fall slightly with S&P 500 teetering on edge of a bear market

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Stock futures dipped on Thursday evening as investors geared up for the S&P 500 to potentially slide into official bear market territory. Futures tied to the Dow Jones Industrial Average shed 39 points, or 0.1%. S&P 500 futures lost 0.1% and Nasdaq-100 futures fell marginally. On Wednesday, the S&P 500 and Dow bounced off their …

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Powell says he can't guarantee a 'soft landing' as the Fed looks to control inflation

Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation

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US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. jim watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that getting inflation under control could cause some economic pain but remains his top priority. Powell said he couldn’t promise a so-called soft …

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Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake

Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake

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Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12, 2022. tom williams | CQ-Roll Call, Inc. | Getty Images Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a …

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Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

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Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images As he and his colleagues engage in a …

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Apple Stock Has Broken Down. That's Bad for the Market.

Apple Stock Has Broken Down. That’s Bad for the Market.

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Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock is in a sorry state, trading now below a price that investors couldn’t resist before—a price that sent it higher in the past several months. This new price—roughly $142 a share on Thursday—is, of course, …

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Boeing considers redesigning crucial valve for Starliner space capsule

Boeing considers redesigning crucial valve for Starliner space capsule

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Boeing’s Starliner capsule for the Orbital Flight Test 2 (OFT-2) mission is lifted on top of United Launch Alliance’s Atlas V rocket on May 4, 2022. Frank Michaux/NASA Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a crucial system that has kept the company from flying astronauts for NASA …

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Ford, General Motors, Tapestry and more

Ford, General Motors, Tapestry and more

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Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to “underweight” from “overweight.” Wells Fargo said 2022 could represent a profit peak for legacy automakers, with the shift toward electric …

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