Jim Cramer warns politicians they can’t hurt you over debt just yet…
Prominent market commentator Jim Cramer reportedly warned investors on Wednesday that politicians will cost them money as the debt ceiling row continues with no solution in sight. “Be prepared for our politicians to lose you more money,” Cramer said, referring to the earlier debt ceiling dispute in 2011. “They hurt you then. They’re not done […]
Analyst warns Bitcoin and other crypto assets could crash if…
Bloomberg’s Macro Strategist Mike McGlone warns Bitcoin BTC/USD and other crypto assets. during one Episode of Blockwork Macros “On the Margin” This week, McGlone said he sees the stock market crashing off a cliff, after which most altcoins are likely to see a sharp correction, with Bitcoin setting a new bear market bottom. “My base […]
Crypto Analyst Predicts Bitcoin Activity Through June and Warns More…
Crypto Analyst Justin Bennett says $25,000 could be next stop Bitcoin BTC/USD and the cryptocurrency could fall continued into June before bouncing back. In a tweet on Thursday, Bennett predicted that BTC will fall in the coming weeks. In a blog post Speaking to Daily Price Action on the same day, he went on to […]
Analyst Warns Investors Against Crypto Assets Amid Worsening Economic…
Macro Strategist earlier this week Mike McGlone warned investors that cryptos that outperform other assets could plummet if deflation sets in. In a tweet on Wednesday, McGlone said he remains cautious on crypto assets amid a deteriorating economic climate. The strategist wrote that “a deflationary collapse may be gaining traction, as evidenced by falling commodities […]
Rising travel demand benefits Expedia, but analyst warns EBITDA…
DA Davidson Analyst Tom White reiterated a Neutral rating on shares of Expedia Group Inc EXPERIENCE and lowered the target price to $109 from $121. The analyst told Expedia The 1Q results were mixed compared to the consensuswith revenue slightly above and EBITDA light. The analyst believes the travel aggregator continues to […]
Google is losing AI Edge to open source, warns senior engineer
Senior Software Engineer at alphabet inc GOOD Google is said to have criticized the search giant for falling behind in the field of artificial intelligence – but he hasn’t compared it to that microsoft corp MSFT or OpenAI. What happened: Last month, Senior Google Software Engineer Luke Sernau shared a critique of an internal system […]
Coinbase Warns SEC: Don’t Mess With Crypto’s Big Dog – Coinbase Glb…
Coinbase Global Inc. COIN takes steps to prevent the SEC from filing a lawsuit against the company and highlights the challenges the agency could face in such litigation. In a detailed Answer to the SEC’s March Wells Notice, which pointed this out Intention of the regulator to initiate enforcement actionCoinbase warned that it would be […]
Pimco’s Browne warns of complacency amid robust earnings – Invesco QQQ…
Pimco Multi-Asset Strategies portfolio manager Erin Brown Robust earnings are reportedly helping to boost stocks, but there’s plenty of complacency in the market. “If you look at the gains, they’re still pretty robust. Certainly we’re off the highs we’ve seen in the post-pandemic era and we’ve had a slight dip in earnings over the last […]
Elon Musk warns against lawsuit against Microsoft over Twitter data mining
Microsoft Corporation MSFT plans to fall Twitter from his promotional schedule, however Elon Musk doesn’t worry – because he’s campaigning for a lawsuit. What happened: On Thursday, Microsoft responded to the news that Microsoft is kicking Twitter off its advertising platform because they refuse to pay for the microblogging sites exorbitant prices for API accessMusk […]
2-year Treasury yield looks like ‘meme stock’, analyst warns
The USA were sporty an inverted yield curve for some time, with longer-dated bonds yielding less than shorter-dated bonds. This reflects investors’ expectations for a decline in long-term interest rates, typical of recessions. An analyst recently offered her her take on government bond yields and their impact on interest rates. What happened: A deeply inverted […]