Rivian ‘performs where it matters most’: 4 analysts rate…
Electric Vehicle Company Rivian Automotive Inc RIVN released first quarter financial results Revenue and earnings per share both beat analyst estimates. Here’s a look at what analysts are saying after the report. The Rivian Analysts: Truist Securities analyst Jordan Levy had a buy rating and a price target of $28. RBC Capital Markets analyst Tom […]
More than 1.6 billion SHIB disappear in just 24 hours, burn rate…
The newest Data out of Shiba Inu SHIB/USD Burn tracker Shibburn reveals the burn rate of the meme coin shot up to over 56,965%. More than 1.6 billion Shiba Inu are no longer in circulation after the meme coin burn rate has skyrocketed over the past 24 hours. The data shows that SHIB’s circulating supply […]
Bitcoin, Ethereum, Dogecoin soar after Fed rate hike
Major coins traded in the green on Wednesday night following the announcement of federal reserve a rate hike of 25 basis points. cryptocurrency gains +/- Price (taken at 9:30pm EST) Bitcoin BTC/USD +1.69% $29,055 ether ETH/USD +1.98% $1,901 Dogecoins DOGE/USD +1.14% $0.079 What happened: Bitcoin initially experienced a 1% decline after the interest rate hike. […]
Fed’s Bullard Hawkish remarks fuel 25 basis point rate hike in May,…
President of the Federal Reserve Bank of St. Louis, James Bullardmade hawkish comments in an exclusive interview with Reuters on Tuesday, saying interest rates should rise to a range of 5.5% to 5.75%. Here are the key takeaways from Bullard’s interview: Bullard still envisions a sufficiently tight policy rate in the 5.50% to 5.75% […]
Moody’s Mark Zandi Says Fed Should Hold Rate Hikes – Invesco QQQ…
Moody’s Analytics chief economist Mark Zandi means the federal reserve should paused the rate-hike cycle amid slowing inflation and easing labor market conditions, but said cutting rates was out of the question unless the economy went into recession. What happened: “If I were king, I would pause rate hikes. I think job growth is slowing […]
Fed’s John Williams: The pace of rate hikes hasn’t caused a banking crisis
Federal Reserve Bank of New York president John Williams He reportedly said Monday that he didn’t think the pace of rate hikes caused it Crisis at the two banks as early as March. What happened: The Deputy Chairman of Federal Committee of the Free Market referred to the errors of Silicon Valley Bank And signature […]
Brookfield Renewable Announces Series Redistribution Rate
All amounts in Canadian dollars unless otherwise noted BROOKFIELD , News, April 6, 2023 (GLOBE NEWSWIRE) — Brookfield Renewable Partners LP (“Brookfield Renewable”) BEPBEP announced today that it has determined the fixed distribution rate for its Class A Preferred Limited Partnership Units, Series 13 (“Series 13 Units”). BEP for the five years beginning May 1, […]
Investor fear mounts after Fed rate hike – Darden Restaurants…
The CNN Money Fear and Greed Index showed some increase in fear levels among US investors. US stocks tumbled on Wednesday after the Federal Reserve hiked interest rates by another 0.25%, marking its ninth straight rate hike. Regional bank shares fell on Wednesday, with the S&P Regional Bank ETF falling over 5%. The Dow closed […]
Elon Musk: Stupid Fed rate hike will worsen saver flight
Tesla CEO Elon Musk criticized the Those of the Federal Reserve rate hike, say it will exacerbate the flight of depositors, which is a major headache for policymakers and the banking industry as the crisis continues. “A major reason depositors are fleeing is people moving money from low-yielding savings accounts to high-yielding money market (Treasury […]
Bitcoin, Ethereum, Dogecoin fall ahead of Fed rate decision
Major coins traded lower on Monday night as investors appeared to be positioning ahead of Wednesday’s Federal Reserve interest rate decision. cryptocurrency Profits (+/-) Price (taken at 9:30pm EST) Bitcoin -0.02% $27,856 ether -1.93% $1,748 […]