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Bitcoin is finally trading like 'digital gold' – but only because nobody cares about crypto anymore

Sat, 08/05/2023 - 05:00

A Bitcoin ATM. — Bitcoin's 30-year volatility is close to a five-year low, per Bloomberg.
Marco Bello/Getty Images

Markets, finance, MI Exclusive, Currencies, Cryptos, Bitcoin, Gold

Alphabet sold almost 90% of its Robinhood stake last quarter

Fri, 08/04/2023 - 12:55

Sundar Pichai, CEO of Google's parent company Alphabet — Sundar Pichai, CEO of Google's parent company Alphabet
Mateusz Wlodarczyk/Getty Images

Markets, MI Exclusive, google, alphabet, Robinhood, Robinhood stock, Stock Market

Russian oil and grain exports halted after Ukraine drone strike near Black Sea port

Fri, 08/04/2023 - 11:42

Tech Insider : Economy

Novorossiysk submarine — Russian Novorossiysk submarine.
OLGA MALTSEVA/AFP/Getty Images

Markets, MI Exclusive, Russia, Ukraine, Wheat, Grain, Oil

The US will be 'drowning in debt' over the next 30 years as interest costs rise

Fri, 08/04/2023 - 11:21

Tech Insider : Economy

us capitol government shutdown 2018 — The U.S. Capitol Dome is seen beyond American Flags around the the base of the Washington Monument in Washington, early Saturday, Dec. 22, 2018.
Associated Press/Carolyn Kaster

Markets, economy, US Economy and Markets, US Debt, Government Debt, Government Spending, Stocks

The sluggish housing market is weighing on Redfin's stock as home sales 'near rock bottom'

Fri, 08/04/2023 - 10:49

A house with a for sale sign in the front. — The typical US homebuyer’s monthly mortgage payment soared to a record high in April, according to Redfin.
Tom Merton/Getty Images

Markets, MI Exclusive, Housing Market, Housing, Stock Market, Stocks, Redfin

Embattled activist investor Carl Icahn's firm plunges 30% after halving shareholders' payouts

Fri, 08/04/2023 - 10:15

Carl Icahn — Carl Icahn.
CNBC/Getty Images Contributor

Markets, MI Exclusive, Stocks, Carl Icahn, Icahn Enterprises, hindenburg research, Stock Market Analysis

Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says

Fri, 08/04/2023 - 10:01

Tech Insider : Economy

Housing market home for sale — People walk by a sold sign in front of a house along the Erie Canal in Pittsford, New York, on Monday, Sept. 6, 2021.
Ted Shaffrey/AP Photo

economy, Markets, MI Exclusive, Housing Market, mortgage rates, Home Prices, us home prices

Jeff Bezos is $11 billion richer after Amazon's earnings smash expectations

Fri, 08/04/2023 - 09:43

Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas, Nevada on June 6, 2019. — Jeff Bezos.
Mark Ralston/AFP/Getty Images

Markets, MI Exclusive, Stocks, amazon, Amazon stock, Jeff Bezos, Wealth

Apple sheds $70 billion in value after a fall in iPhone sales

Fri, 08/04/2023 - 09:43

Apple said iPhone sales dipped in the second quarter.

Sean Gallup/Getty Images

Markets, MI Exclusive, Stocks, apple, Apple stock, Stock Market Analysis, Stock Market Outlook

US stocks rise as investors digest mega-cap earnings and jobs report

Fri, 08/04/2023 - 09:32

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, daily market wrap, Stock Market, Investing, apple, amazon

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