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Crypto exchange Kraken is embroiled in an SEC probe over whether it sold unregistered securities, report says

Thu, 02/09/2023 - 06:00

Tech Insider : Crypto

Kraken on a phone — Kraken on a phone
KONSKIE, POLAND

Markets, MI Exclusive, crypto, Kraken, SEC, cryptocurrency exchange Kraken, Cryptos

Microsoft, Google, and Baidu are putting the final touches on their answers to ChatGPT. Here's what they have planned and what it means for investors.

Wed, 02/08/2023 - 06:51

Sundar Pichai speaks onstage Vox Media's 2022 Code Conference on September 06, 2022 — Google CEO Sundar Pichai announced the firm's ChatGPT alternative Bard AI in a blog post Monday.
Jerod Harris/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors

Wed, 02/08/2023 - 06:34

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors' share price has rallied 69% this year.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Stocks, lucid motors, TSLA stock, LCID, tesla

Central banks need to push back against investor optimism to ensure price stability, IMF says, even if that means declines in stocks

Tue, 02/07/2023 - 10:08

Federal Reserve Chair Jerome Powell — Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on December 14, 2022 in Washington, DC. The Federal Reserve announced that it will raise interest rates by a 0.5 percentage point to 4.5.
Alex Wong/Getty Images

Markets, MI Exclusive, Fed, Federal Reserve, Jerome Powell, Interest Rates, Monetary Policy

The odds of the US slipping into recession are now just 25% thanks to a surge in jobs, Goldman Sachs says

Tue, 02/07/2023 - 08:10

shutting down business in recession US — The odds of a US recession have shortened, Goldman Sachs said.
Maskot/Getty Images

Markets, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis

Adani says it will repay over $1 billion in debt ahead of schedule in a bid to halt stock-market rout

Tue, 02/07/2023 - 06:22

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. — A painting of Indian businessman Gautam Adani.
Indranil Mukherjee/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

Jobs numbers are so high that the Fed won't support stocks by cutting rates until 2024, Goldman Sachs chief economist says

Mon, 02/06/2023 - 06:57

now hiring sign with person in front of it — The US economy added 517,000 payrolls in January, according to Friday's jobs report.
John Smith/VIEWpress/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

Paul Krugman says not to worry about the dollar weakening despite recent challenges to its dominance

Mon, 02/06/2023 - 05:10

Tech Insider : Crypto

paul krugman — Nobel-winning economist Paul Krugman.
Jeff Zelevansky/Getty Images

Markets, MI Exclusive, Paul Krugman, Currencies, Dollar dominance, crypto, Russia

Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says

Fri, 02/03/2023 - 09:32

Founder and chairman Of Adani Group, Gautam Adani. — Gautam Adani, founder and chairman of Adani Group.
Ramesh Dave/Mint via Getty Images)

Markets, MI Exclusive, Gautam Adani, Adani Group, hindenburg, hindenburg research, Stock Market Analysis

Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy's holdings shed $1.3 billion in value last year

Fri, 02/03/2023 - 06:40

Tech Insider : Crypto

Michael Saylor — MicroStrategy executive chairman Michael Saylor.
Marco Bello/Getty Images

Markets, MI Exclusive, crypto, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Bitcoin

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