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US stocks trade mixed amid earnings rush and fresh economic data

Tue, 08/01/2023 - 16:07

NYSE — Gen Z is putting more stock into careers in finance, with one in four recent graduates considering the field a top career sector.
Photo by ANGELA WEISS/AFP via Getty Images

Markets, MI Exclusive, Dow Jones Industrial Average, S&P 500, NASDAQ, JOLTS, ISM manufacturing index

The legal debate on whether cryptocurrencies are subject to SEC rules just got more complicated

Tue, 08/01/2023 - 15:24

Tech Insider : Crypto

GettyImages 1294702527 — Mastercard and BNY Mellon have warmed to bitcoin, boosting other cryptocurrencies like XRP
Yuriko Nakao/Getty Images

Markets, MI Exclusive, crypto, security, ftx, XRP, Ripple

Uber stock slumps despite first quarterly operating profit ever

Tue, 08/01/2023 - 14:05

Dara Khosrowshahi Uber — Dara Khosrowshahi, Chief Executive Officer, Uber, speaks onstage during the 2021 Concordia Annual Summit on September 22, 2021 in New York City.
Leigh Vogel/Getty Images

Markets, MI Exclusive, UberX, Uber, Uber Stock, Uber earnings, Dara Khosrowshahi

The S&P 500 is barreling toward record highs. The Fed will decide if it gets there.

Tue, 08/01/2023 - 13:50

stock market traders — ANGELA WEISS/Getty Images

Markets, MI Exclusive, Stock Market, Stocks, Stock Market Outlook, sp500, Record High

Apple and Meta powered the Nasdaq's sizzling rally in July, helping the tech-heavy index wrap up a 5-month winning streak

Tue, 08/01/2023 - 11:24

Apple and Meta stock have surged this year on AI buzz.

(Photo by Fernando Gutierrez-Juarez/picture alliance via Getty Images)

Markets, MI Exclusive, apple, facebook, meta, NASDAQ, nasdaq 100

BlackRock and MSCI are facing congressional probes over facilitating investments in Chinese firms flagged by US for security concerns

Tue, 08/01/2023 - 11:15

U.S. Capitol building — The House Select Committee on the Chinese Communist Party sent a letter to BlackRock and MSCI over China investments, per the WSJ.
Getty Images

Markets, MI Exclusive, China, BlackRock, MSCI, MSCI China, Congress

Here's how to invest $100,000 right now, according to billionaire Mike Novogratz

Tue, 08/01/2023 - 10:28

This is a phot of Michael Novogratz speaking in stage with a black background. — Mike Novogratz.
Marco Bello / Stringer /Getty Images

Markets, MI Exclusive, Mike Novogratz, cryptocurrency, Investing advice, Bitcoiner, Silver

Russia's seaborne oil exports hit their lowest level in 7 months

Tue, 08/01/2023 - 09:47

Oil tanker — Suriyapong Thongsawang

Markets, MI Exclusive, Oil, Russia, Russian Oil, Sanctions, Embargo

US stocks fall to begin new month after big rally in July

Tue, 08/01/2023 - 09:35

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Traders look at computer screens as they work on the floor of the New York Stock Exchange. — Traders work on the floor of the New York Stock Exchange.
Michael M. Santiago/Getty Images

Markets, MI Exclusive, daily market wrap, Dow Jones Industrial Average, S&P 500, NASDAQ, Earnings

A crypto entrepreneur splurged millions of dollars in client funds on a billion-year old space diamond, rare Rolexes and a Ferrari, SEC says

Tue, 08/01/2023 - 08:22

Tech Insider : Crypto

crypto regulation — Nuthawut Somsuk/Getty Images

Markets, MI Exclusive, crypto, SEC, Crime, crypto fraud, SEC crypto fraud case

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