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Breaking News: Investing

Why miners are selling their bitcoin at levels not seen since 2019

by Walter Watson
Why miners are selling their bitcoin at levels not seen since 2019

Recent data shows a major increase in the amount of bitcoin moved by miners from the mining pool to crypto exchanges, but the price of the flagship cryptocurrency continues to …

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American banks face more pain, huge shift

by Anas Siddiqui
American banks face more pain, huge shift

The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of one wave of problems — and the …

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JPM, WFC, MS boost bank dividends after Fed stress test

by Anas Siddiqui
JPM, WFC, MS boost bank dividends after Fed stress test

Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023. CNBC Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan to …

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Global stock pro outpaces peers with differentiated, long-term bets

by Walter Watson
Global stock pro outpaces peers with differentiated, long-term bets

Krishna Mohanraj joined Diamond Hill Capital Management at an opportune moment. The portfolio manager started at Diamond Hill in 2012 when the investment firm, then primarily known for its domestic …

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A.I. may mean ‘decade of health care” has arrived. Here are some picks

by Akin Smith
A.I. may mean ‘decade of health care” has arrived. Here are some picks

Investors hoping to capture more upside from artificial intelligence could turn to a sector that’s underperformed this year, and maybe not immediately associated with AI: Health care. A handful of …

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June inflation data will be closely watched by traders in coming week

by Walter Watson
June inflation data will be closely watched by traders in coming week

Investors are turning their attention to inflation data in the week ahead, following this week’s hot jobs data, to further clarify the path of future monetary policy. Market participants are …

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Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

by Horatio Thompson
Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

The Rivian story is “finally” turning around after several difficult quarters, according to Wedbush. “We believe after a number of ‘one step forward, two steps back’ excuses for Rivian and …

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Cruise stocks a light on horizon for investors seeking diversification

by Franz Hernandez
Cruise stocks a light on horizon for investors seeking diversification

The Carnival Radiance cruise ship at the Avalon, California, harbor on May 19, 2023. Aaronp/bauer-griffin | Gc Images | Getty Images The NASDAQ may have hit a bit of a …

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