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Stocks

“Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook”

“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange… Continue Reading…

Cryptocurrencies

“Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week”

“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…

Stocks

“1 Growth Stock Trading at an All-Time-Low Valuation That Could Rise by 97%, According to Wall Street”

“…Chewy (NYSE: CHWY). The stock currently trades at around $16 per share, but Wall Street analysts are quite upbeat on the stock, maintaining an average price target of $31.62. That implies a 97% upside potential. Recently, the company received updated buy… Continue Reading…

Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

Stocks

“Robinhood drops 13% after reporting big declines in trading volume and revenue”

“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…

Stocks

“Stock market news… Stocks rise to kick off new year of trading”

“…U.S. equities posted another year of solid gains in 2021, rising by 27% and delivering a rare third consecutive double-digit annual percentage increase. Within the S&P 500, the energy and real estate sectors outperformed, gaining more than 42% each during… Continue Reading…

Banking, Stocks

“Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.”

“Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the first time, CNBC has learned. The start-up is set to announce Tuesday that it secured a U.S. broker-dealer license, enabling… Continue Reading…

Stocks

“Dole IPO Drops Over 9% During First Day Of Trading”

“What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the… Continue Reading…

Banking, Business

“JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves”

“JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit of… Continue Reading…

Cryptocurrencies

“Bitcoin exchange Kraken considers going public after record trading volumes in the first quarter”

“Cryptocurrency exchange Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin. Founded in 2011, Kraken is one the world’s biggest crypto exchanges. It… Continue Reading…