Month: January 2020

CNBC’s Jim Cramer said Friday he’s done with fossil fuel stocks because young investor’s concerns about climate change are holding them down. On “Squawk Box,” Cramer compared oil and other fossil fuel stocks to the sigma attached to investing in tobacco companies, saying they are in the “death knell phase.” He added, ”They’re tobacco. I think
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FT subscribers can click here to receive Market Forces every day by email. January is ending with some notable scores on the board for a number of important markets. The coronavirus has triggered substantial shifts in several asset classes in the past week, with even US large-cap shares now joining the global equity sell-off. The fallout from
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Stocks tumbled to end the week amid a batch of sour earnings reports from some cyclical companies and as coronavirus fears gripped trades around the world after the Center for Disease Control (CDC) could the respiratory illness an “unprecedented” health emergency. Source: Provided by Finviz The S&P 500 slid 1.78%. The Dow Jones Industrial Average
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Richard Rosenblum is co-founder and co-head of trading at crypto liquidity provider GSR. The opinions below are the author’s and do not reflect the position of CoinDesk. Like futures, the launch of bitcoin options on major exchanges has been met with anticipation. Hopeful observers believe the CME’s and Bakkt’s entry into the burgeoning options market
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Not everyone is totally excited about DeFi. Volatile crypto is nurturing its fixed-income side. Crypto lending activity is growing on decentralized finance (DeFi) networks. Staking, where investors reap payments for locking up assets in functions essential to network protocols, is moving into crypto’s mainstream, with large crypto exchanges offering staking services for users.  Chart of
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Shares of global social media giant Facebook (NASDAQ:FB) slipped about 6% in late January after the company reported fourth-quarter numbers that, while ahead of expectations, didn’t beat estimates by as much as investors were hoping for considering the recent run-up in FB stock (shares were up nearly 20% in three months heading into the print).
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With the Federal Reserve set to pause once again on interest rates, investors have been given freedom to buy high-yielding assets. Bonds to REITs have seen their stars shine over the last few months. However, investors may want to focus beyond just a large headline yield. Truth be told, the best dividend stocks are those
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Activision Blizzard (NASDAQ:ATVI) dropped a big announcement just days before its Q4 earnings are due. On Jan. 24, the video game company announced a new partnership with Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google. The deal will see Activision Blizzard’s popular esports leagues stream exclusively on YouTube. In addition, Google Cloud becomes the preferred provider for the company’s
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A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, April 30, 2019 Clodagh Kilcoyne | Reuters Check out the companies making headlines in midday trading. Amazon — Amazon jumped nearly 9% in midday trading after the e-commerce giant reported fourth-quarter earnings well ahead of Wall Street consensus expectations. The
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