Daily Trade

Some crypto-industry participants are worried that a charge brought by the U.S. Securities and Exchange Commission against crypto exchange Kraken may lead to a ban on digital-asset staking. On Thursday, the SEC charged Kraken with failing to register its staking program as securities. Kraken has ended its staking program in the U.S. and agreed to pay
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Beleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the fourth quarter. Credit Suisse said two-thirds of the net asset outflows were in October, at a time of intense social-media speculation around its ability to survive. Credit Suisse has since announced
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Apple’s (NASDAQ:AAPL) first-quarter fiscal 2023 results caught investors’ attention but not necessarily in a good way. The results were in the financial headlines because Apple posted an earnings miss, which is rare. Yet, AAPL stock should still gain value over the next few years and will likely reward loyal investors through the year 2025. For many
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Dear Quentin, My boyfriend recently bought a house under his name. Before buying, I suggested that we buy it together, as the plan was for us to move in together. However, he said he wanted to buy it himself. Now it’s time to move in, but he wants me to pay rent. I told him
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CORRECTIONS & AMPLIFICATIONS: This headline was corrected at 0615 GMT because the reported period was misstated as the fourth quarter. In addition, the company’s net profit was EUR1.87B, not EUR1.876B ABN AMRO Bank NV on Wednesday posted operating income and net profit ahead of expectations for the fourth quarter of 2022, and said it is
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Much as I anticipated, the January rally for Nio (NYSE:NIO) stock has given way to a pullback so far in February. Since the start of the month, NIO stock has fallen by back around 10%. Largely, due to the China-based electric vehicle (or EV) maker’s latest delivery numbers, which were underwhelming. Sure, it was not
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Federal Reserve Chairman Jerome Powell expects “significant declines” in U.S. inflation in 2023, but he also said a surprisingly strong jobs report in January underscores the need to keep raising interest rates. “We think we need to do further rate increases,” Powell said in an interview Tuesday at the Economic Club of Washington. “And we
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This article is reprinted by permission from NextAvenue.org. Babies born in the U.S. today are likely to live to be 76, on average, compared with just 47 in 1900. By 2040, life expectancy in the U.S. will climb to 79.8 years, according to the Institute for Health Metrics and Evaluation in Seattle. The U.S. today has more 60-year-olds than
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Will Microsoft (NASDAQ:MSFT) demonstrate powerful growth in 2023? Anything is possible, but there isn’t strong evidence that MSFT stock will be a big winner this year. Both the recent financial data and Microsoft’s outlook for the future suggest that the company could disappoint hope-fueled investors. The outlook is uncertain as Microsoft plans to cut 10,000 jobs, roughly
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Is Amazon (NASDAQ:AMZN) sensitive to the needs of its customers? That’s a pivotal question that investors ought to consider in 2023. Fortunately, Amazon’s latest foray into a niche healthcare market bodes well for the company. So, despite a number of concerns and headwinds, financial traders will likely fare well with investment in AMZN stock. The bigger
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