equity markets – DIGIT INFO

QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole

DIGIT — Mon, 19 Aug 2024 17:46:05 +0000

QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm observes a buoyant mood in equity markets, with U.S. stocks reaching record highs, while the crypto sector remains firmly in the doldrums. QCP Capital Report […]

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Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

DIGIT — Thu, 25 Apr 2024 03:43:31 +0000

Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion and $99 billion for the fiscal year, attributing the increase to higher […]

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NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends

DIGIT — Mon, 22 Apr 2024 15:41:19 +0000

Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors, revealing a strong interest in the availability of […]

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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

DIGIT — Wed, 22 Mar 2023 03:09:57 +0000

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis.

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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

DIGIT — Wed, 22 Feb 2023 02:49:55 +0000

On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]

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Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

DIGIT — Wed, 25 Jan 2023 18:30:47 +0000

Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]

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All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision

DIGIT — Sat, 21 Jan 2023 22:30:33 +0000

Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors a quarter-point benchmark rate increase at the […]

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‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood

DIGIT — Fri, 13 Jan 2023 06:13:28 +0000

Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO.

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Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder

DIGIT — Mon, 28 Nov 2022 21:00:36 +0000

Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious metal prices, on the other hand, like […]

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Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

DIGIT — Mon, 21 Nov 2022 21:30:24 +0000

The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday, dropping below the $1,100 range. Crypto […]

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