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MI Exclusive

Bank of America CEO Brian Moynihan warns to prepare for a US debt default and a recession that will drag down corporate earnings

Mon, 02/06/2023 - 14:17

Tech Insider

Brian Moynihan — Brian T. Moynihan, Chairman and Chief Executive Officer of the Bank of America Corporation, speaks during the Bloomberg Global Business Forum in New York City, September 25, 2019. REUTERS/Shannon Stapleton
Shannon Stapleton/Reuters

Markets, MI Exclusive, US economic outlook, Recession, debt default, US Debt, US debt ceiling

Tyson Foods falls after earnings tumble as inflation-weary customers are buying less meat

Mon, 02/06/2023 - 14:01

Tech Insider

grocery store — Tom Werner/Getty Images

Markets, MI Exclusive, Tyson Foods, meat prices, Earnings, quarterly earnings, Tyson

China stocks and ETFs drop after the US shoots down suspected spy balloon, raising tensions between the economic superpowers

Mon, 02/06/2023 - 13:33

Tech Insider

A high altitude balloon floats over Billings, Montana, on Wednesday, Feb. 1, 2023. — A high-altitude balloon belonging to China flew over the US for several days.
Larry Mayer/The Billings Gazette via AP

Markets, MI Exclusive, China, Chinese spy balloon, Stocks, China ADRs, ETFs

China's yuan will end US dollar dominance and create a bipolar currency system in the next decade, says 'Dr. Doom' Nouriel Roubini

Mon, 02/06/2023 - 13:30

Tech Insider

Cutout of Joe Biden and Xi Jingping facing each other with a ripped split down the middle. — Lintao Zhang/Getty; Anna Moneymaker/Getty; Katsumi Murouchi/Getty; Anna Kim/Insider

Markets, MI Exclusive, Yuan, Dollar, Cryptos, cbdcs, Tokens

Investors are not in a bull market and an earnings recession is still set to ravage stocks, Morgan Stanley says

Mon, 02/06/2023 - 12:46

Tech Insider

Traders NYSE — (Photo by Scott Heins/Getty Images)

Markets, MI Exclusive, Stock Market Outlook, earnings recession, Recession, Bear Market, stock fall

NFT holders are using their digital art as collateral to borrow record amounts of cryptocurrency

Mon, 02/06/2023 - 12:24

Tech Insider

NFT art — NICOLAS ASFOURI / Contributor/ Getty Images

Markets, MI Exclusive, NFTs, cryptocurrency, genesis, celsius, crypto lender

C3.ai extends its year-to-date rally to 176% after buzz around ChatGPT drives investor interest in artificial intelligence

Mon, 02/06/2023 - 12:23

Tech Insider

trader NYSE — Reuters

Markets, MI Exclusive, Stock Market, C3.ai, C3.ai stock, c3.ai stock price, ChatGPT

Russia's largest bank is about to debut an Ethereum-based DeFi platform

Mon, 02/06/2023 - 11:04

Tech Insider : Crypto

People queue outside a branch of Russian state-owned bank Sberbank. — People queue outside a branch of Russian state-owned bank Sberbank.
MICHAL CIZEK/AFP via Getty Images

Markets, MI Exclusive, Sberbank, Russia, crypto, cryptocurrency, Ethereum

Crypto industry will 'come up with new things' and national digital currencies are moving ahead despite recent turmoil, BIS says

Mon, 02/06/2023 - 10:48

Tech Insider

crypto coins — (Photo illustration by Jonathan Raa/NurPhoto via Getty Images)

Markets, MI Exclusive, Stocks, Cryptocurrenies, Tokens, cbdcs, Bitcoin

Legendary VC Bill Gurley warns of a tougher era for tech investors, praises Jeff Bezos, and casts doubt on the metaverse in a new interview. Here are the 10 best quotes.

Mon, 02/06/2023 - 10:28

Tech Insider

Bill Gurley — Bill Gurley.
Reuters

Markets, MI Exclusive, Stocks, Bill Gurley, Benchmark Capital, Venture Capital, Tech stocks

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