Financials
Stocks for companies that provide financial services to commercial and retail customers including banks, investment funds, insurance companies and real estate.
The price of Ethereum is advancing for the ninth day in a row while it is surging above the $3,000 for the first time in […]
Credit Suisse discloses more Archegos-related losses, shares drop
Credit Suisse announced this morning that it expects to take another hit during the second quarter of this year as a result of its exposure […]
US dollar tags key support as Treasury yields keep dipping
The value of the US dollar against a basket of foreign currencies – as reflected by Bloomberg’s dollar index – is tagging a key support […]
IMF sounds alarm on rising corporate leverage, warns about stability risks
The International Monetary Fund (IMF) has sounded the alarm on the potential risks of mounting corporate debt, as the debt-to-GDP ratio of non-financial companies around […]
Jamie Dimon predicts economic boom in the US while JP Morgan profits plunge
The head of America’s largest bank by assets, Jamie Dimon, is predicting an upcoming boom for the country’s economy as the combination of vaccinations, trillions […]
Bitcoin reaches $1 trillion market cap after Senate approves more COVID relief in the US
The market capitalization of Bitcoin (BTC) is surpassing the $1 trillion mark for the second time in its history only 3 days after the United […]
Key Takeaway’s from Berkshire Hathaway’s Earnings and Buffett’s Letter
Over the weekend, Berkshire Hathaway, which’s led by the legendary Warren Buffett released its 2020 earnings and annual report that features Buffett’s annual letter. Here […]
Square’s Rally Comes to a Grinding Halt after Mixed Q4 Earnings
Fintech company Square, whose stock has rallied sharply over the last year, was trading lower in US premarket trading today after the company released its […]
Bitcoin plunges following Janet Yellen comments about its inefficiencies
The price of Bitcoin is plunging for a second day, after US Treasury Secretary, Janet Yellen, deemed the crypto asset as an “extremely inefficient” instrument […]
Can Square’s Q4 Earnings Lift Its Stock Even Further?
Square stock is up sharply over the last year. The company is set to release its fourth quarter earnings this week. Can the stock continue […]