Posts filtered by tags: Emily Graffeo[x]


 

Coinbase's direct listing is 'an Amazon moment for crypto,' and will bring cryptocurrency further into mainstream finance, D.A. Davidson says

Coinbase Founder and CEO Brian Armstrong Steven Ferdman/Getty Images Coinbase's upcoming direct listing will be an "Amazon moment" for cryptocurrencies, according to D.A. Davidson. The firm initiated coverage of the crypto exchange with a "buy" rating and $195 price target. D.A. Davidson said the public debut will be a milestone for the convergence of cryptocurrency and traditional finance. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Coinbase's upcoming direct l...
Tags: Amazon, Trends, Markets, Bitcoin, Robinhood, Coinbase, Gemini, Davidson, D.A. Davidson, Gil Luria, Square Paypal, Cryptocurrency News, Emily Graffeo, BTC price, Brian Armstrong Steven Ferdman Getty, MI Exclusive


78% of institutional investors are not planning on investing in cryptocurrencies, though a majority say crypto is 'here to stay,' JPMorgan survey finds

Alain Pitton/NurPhoto via Getty Images A JPMorgan survey of 3,400 institutional investors shows a majority do not plan to invest in or trade cryptocurrencies. However, 58% of investors surveyed said cryptocurrencies are "here to stay."The survey is the latest look into institutional sentiment on cryptos as more firms enter into the space. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.An overwhelming majority of institutional investors surveyed by JPMorgan said th...
Tags: Trends, Markets, Morgan Stanley, Cryptocurrency, Blackrock, Jpmorgan, MicroStrategy, Institutional Investors, Bloomberg Morgan Stanley, Emily Graffeo, Bitcoin price today, JPMorgan bitcoin, MI Exclusive, Morgan Stanley bitcoin, Cryptocurrency Sentiment, Institutional Interest Crypto


UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks social-media chatter

Reddit logo. hoto Illustration by Omar Marques/SOPA Images/SOPA Images/LightRocket via Getty Images Shares of UWM Holdings Corporation jumped 36% as its inclusion on the FTSE Russell list sparked social-media chatter. The mortgage company will be added to the Russell 1000 and Russell 3000 indices. The addition fueled social media chatter that had already been focused on mortgages following Rocket Companies' 71% surge in the previous session.Sign up here for our daily newsletter, 10 Things B...
Tags: Trends, Markets, Reddit, Uwm, Gamestop, Don, Russell, WSB, Rocket Companies, Emily Graffeo, Omar Marques, Wall Street Bets, UWM Holdings, MI Exclusive, UWM Holdings Corporation, UWMC stock price


Tech stocks lead losses as US indices pull back from rally

Brendan McDermid/Reuters US stocks were lower on Tuesday after Monday's rally led to valuation concerns.SEC nominee Gary Gensler said he would look to ensure retail investors get "best execution" for their trades.China's banking regulator warned US markets are potentially creating bubbles. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were lower on Tuesday with tech stocks leading losses in the Nasdaq and S&P 500 after a strong rally on Monday led inves...
Tags: Twitter, China, US, Trends, Markets, Canada, Reddit, SEC, New York Stock Exchange, Nasdaq, Dow, S&P 500, Gensler, Chicago Board Options Exchange, Brendan McDermid Reuters, Gary Gensler


Guggenheim's Minerd says the 10-year Treasury yield could be negative next year and opposes consensus view that rates are on 'uninterrupted trajectory higher'

Lucy Nicholson/Reuters Scott Minerd said the 10-year Treasury could be negative in 2022 and rejected the consensus narrative rates are on an "uninterrupted trajectory higher." The Guggenheim global CIO said throughout history, every recession has been followed by a trough in interest rates. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Guggenheim's Scott Minerd squashed the consensus narrative that rates are on an "uninterrupted trajectory higher" and said the 10...
Tags: Trends, CIO, Markets, Treasury, Guggenheim, Market Outlook, Negative Interest Rates, Scott Minerd, Minerd, Stock Market Outlook, Emily Graffeo, Lucy Nicholson Reuters Scott Minerd, Opening Bell Guggenheim, 10-year Treasury, Bond Market Outlook


Evolve Funds files for Ether ETF weeks after winning Canadian approval for its bitcoin fund

FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard are seen in this illustration picture Reuters Evolve Funds filed a prospectus for an Ether ETF with the Canadian securities regulator. Evolve is the second fund-manager to apply for an Ether ETF in Canada. The Canadian ETF provider won approval for its bitcoin ETF in February. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Just weeks after winning approval for one of North Am...
Tags: US, Trends, Markets, Canada, SEC, North America, Ethereum, Chicago Board Options Exchange, Elliot Johnson, Mike Novogratz, VanEck, bitcoin ETF, Cryptocurrency News, Bloomberg Canada, Emily Graffeo, Ethereum Price


Value stocks will continue to beat growth even after record outperformance in February, Bank of America says

A trader with Bank of America/Merrill Lynch works on the floor of the New York Stock Exchange in New York, on May 10, 2011 Ramin Talaie/Corbis via Getty Images Value stocks outperformed growth stocks by the largest margin since 2001 in February, according to Bank of America.The firm says rising rates triggered the value rotation, but the profit cycle and valuations could continue to drive outperformance.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.After stellar o...
Tags: New York, Trends, Markets, Bank Of America, New York Stock Exchange, Russell, BofA, Bank of America Merrill Lynch, Ramin Talaie Corbis, Bank of America In, Value Stocks, Stock Market Outlook, Emily Graffeo, Growth stocks, Russell 1000, Getty Images Value


US stocks mixed as investors hit pause on Monday's rally

Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2019 in New York City Spencer Platt/Getty Images US stocks were mixed on Tuesday following the S&P 500's best daily gain since June on Monday.Zoom popped 9% after the video-conferencing darling beat earnings expectations.China's banking regulator warned US markets are potentially creating bubbles. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were mixed on Tuesday after a ral...
Tags: China, US, Trends, Markets, Stock Market, Nasdaq, Dow, S&P 500, Nyse, New York Stock Exchange NYSE, Guo Shuqing, China Banking and Insurance Regulatory Commission, Edit Series, Emily Graffeo, Stock market news today, BTC price today


A worryingly large number of US stocks are expensive, crowded, and pose a downside risk to the S&P 500, says Bank of America

Drew Angerer/Getty Images Mega-cap growth stocks are overcrowded, expensive, and dampen the outlook for the S&P 500 in 2021, BofA said. A team of strategists said in a Friday note that bullish sentiment and high valuations indicate risk in the stock market. With the S&P 500 set for flat returns this year, BofA favors value stocks, small-caps, and cyclicals. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Mega-cap growth stocks are vulnerable to a downturn that coul...
Tags: US, Trends, Markets, Bank Of America, Stocks, S&P 500, BofA, Savita Subramanian, However Bank of America, Value Stocks, Stock Market Outlook, Stock Market Analysis, Emily Graffeo, Market Risks, Stock Market Risk, S&P 500 forecast


US investors were paid record dividends in 2020, study finds

James Leynse/Getty Images US stock investors were paid a record amount of dividends in 2020, according to the Janus Henderson Global Dividend Index.Despite the global pandemic, US dividend payments climbed 2.6% to a record high of $503.1 billion last year. Around the globe, dividends faced a net decline, with the UK and Europe seeing the most severe dividend cuts. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stock investors were paid a record amount of divide...
Tags: Europe, UK, US, Trends, Markets, Dividends, North America, Janus Henderson, Emily Graffeo, Stock Market News, Dividend payments, Dividend Stocks, Stock Dividends, James Leynse Getty Images US, Janus Henderson North America


DraftKings jumps 8% as sports-betting company forecasts $1 billion in revenue for 2021

Barry Chin/The Boston Globe via Getty Images DraftKings jumped as high as 8% Friday after upgrading 2021 revenue forecasts to $1 billion. The sports-betting company also saw a 146% increase in fourth quarter revenue, and reported a 44% increase in monthly unique users. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.DraftKings jumped as high as 8% to $62 a share after upgrading its 2021 forecasts and reporting a flood of new users during the fourth quarter.The spor...
Tags: Virginia, Trends, Markets, Bloomberg, Nba, Ncaa, Stocks, Michigan, NHL, Draftkings, The Boston Globe, Jason Robins, Sports Betting, 60 Days In, Emily Graffeo, DraftKings Stock price


Beyond Meat rallies after McDonalds and Yum Brands partnerships overshadow weak sales

McDonald's previously paired with Beyond Meat to offer a plant-based burger in Canada. McDonald's Shares of Beyond Meat gained 3.3% premarket Friday after announcing partnerships with McDonald's and Yum! Brands. The faux-meat producer also reported fourth-quarter sales that missed expectations. Watch Beyond Meat trade live here.Shares of Beyond Meat gained 3.3% during premarket trading Friday after news of partnerships with two of the largest fast-food chains overshadowed weak fourt...
Tags: Trends, Markets, Canada, Mcdonalds, Beyond Meat, Taco Bell, Taco, McDonald, McDonald s Corp, Yum Brands, KFC Pizza Hut, Evan Brown, Emily Graffeo, Mcdonalds Stock Price, Beyond Meat Stock, Beyond Meat Stock Price


Beyond Meat rallies 13% after McDonalds and Yum Brands partnerships overshadow weak sales

McDonald's previously paired with Beyond Meat to offer a plant-based burger in Canada. McDonald's Shares of Beyond Meat gained as much as 13% Friday after announcing partnerships with McDonald's and Yum! Brands. The faux-meat producer also reported fourth-quarter sales that missed expectations. Watch Beyond Meat trade live here.Shares of Beyond Meat jumped as high as 13% to $162 a share Friday after news of partnerships with two of the largest fast-food chains overshadowed weak four...
Tags: Trends, Markets, Bank Of America, Mcdonalds, Beyond Meat, Taco Bell, Taco, McDonald, McDonald s Corp, BofA, Yum Brands, KFC Pizza Hut, Evan Brown, Canada McDonald, Emily Graffeo, Mcdonalds Stock Price


Dow falls 561 points, tech stocks plunge as spiking bond yields rattle investor nerves

Mario Tama/Getty Images) Tech stocks led a plunge in US stocks as the 10-year Treasury yield spiked to its highest point in a year. Investors' inflation expectations picked up as better-than-expected jobless claims Thursday morning signaled strong economic growth ahead. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Tech stocks led a plunge in US stocks as the 10-year Treasury yield spiked to its highest point in a year. The 10-year yield hit a high above 1.6%, pu...
Tags: Nokia, US, Trends, Markets, Tesla, Bloomberg, Reddit, Treasury, Nasdaq, Dow, S&P 500, Gamestop, Fremont California, Tech Stocks, Bitcoin Price, Higher Treasury


BlackRock's bond chief Rick Rieder breaks down why he's not worried rising yields will hurt the stock market

Steve Marcus/Reuters BlackRock's Rick Rieder told CNBC he's not worried about stocks against the backdrop of rising yields. He anticipates a little uncertainty but said stocks will then "recalibrate." Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The recent rise in bond yields has left some investors worried about what it means for the stock market, but Rick Rieder told CNBC he's not that worried. As the 10-year Treasury yield rose to its highest point in over a ...
Tags: US, Trends, CIO, Markets, Inflation, Treasury, Nasdaq, Cnbc, Blackrock, Rieder, Rick Rieder, Stock Market Outlook, Emily Graffeo, Steve Marcus Reuters BlackRock, Bond Yields, Interest Rates Rising


Investors could fill 1% of their portfolios with bitcoin as it becomes more correlated with stocks, JPMorgan says

The bitcoin price broke past the vaunted $50,000 mark for the first time on Tuesday Cesc Maymo/Getty Images Investors can fill up to 1% of their portfolios with bitcoin, JPMorgan said in a recent client note. The token has become more correlated with stocks as it's entered the mainstream, so it's not a great hedge against market shocks, the firm added. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The correlation between bitcoin and stocks has "risen meaningfully"...
Tags: US, Trends, Markets, Bitcoin, Jpmorgan, Emily Graffeo, Bitcoin price today, Inflation Hedge, Bitcoin Allocation, Bitcoin Portfolio, JPMorgan bitcoin, Bitcoin Hedge, Cryptocurrency Portfolio Allocation, Cross-asset Portfolio


Tesla has 'significant first-mover advantage' in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says

The Fisker Ocean. Fisker CFRA says Tesla has a "first mover advantage" over many new entrants in the EV market. But the firm also says Rivian, Lucid Motors, and Fisker will thrive as EV sales increase in the US. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Tesla has established a "significant first mover advantage" over new entrants in the ever-expanding electric vehicle market, but a few other smaller names stand out, according to CFRA's Garrett Nelson. In a not...
Tags: Amazon, US, Trends, Markets, Tesla, Bloomberg, Electric Vehicles, Biden, Audi, Nissan, Nelson, Lucid, Fisker, CFRA, Lucid Motors, Tesla Stock


Tech stocks slide as inflation fears mount amid strong labor-market data

Reuters US stocks were mixed Thursday morning as investors mull inflation worries, rising bond yields, and better-than-expected jobs data. The 10-year Treasury yield is near its highest level in a year. Stocks popular among Reddit-traders are rallying again. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks opened lower on Thursday morning, with the tech-heavy Nasdaq sliding as investors mulled how better-than-expected jobless data would impact inflation. T...
Tags: Texas, Koss, US, Trends, Markets, Bloomberg, Joe Biden, Reddit, Treasury, Pimco, SEC, Berkshire Hathaway, Nasdaq, Robinhood, Dow, S&P 500


Investing legend Charlie Munger blasts SPACs as indication of an 'irritating bubble' and says the 'world would be better off' without them

Lane Hickenbottom/Reuters Charlie Munger said SPACs are an "irritating bubble" at the Daily Journal annual meeting Wednesday. The Berkshire Hathaway vice-chairman said the world would be better off without the speculative investment vehicles. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Berkshire Hathaway vice-chairman Charlie Munger blasted SPACs at the Daily Journal annual meeting on Wednesday, saying that the "world would be better off" without the investment...
Tags: US, Trends, Markets, Berkshire Hathaway, Warren Buffett, SPAC, Daily Journal, Munger, Charlie Munger, Lane Hickenbottom Reuters, Emily Graffeo, SPAC investing, SPAC boom, Charlie Munger quotes, Opening Bell Berkshire Hathaway


Chamath Palihapitiya unveils investment in ReNew Power, India's largest clean energy company that's set to go public via SPAC

Chamath Palihapitiya has backed bitcoin but expressed regret at a 2014 decision Mike Windle/Getty Images Chamath Palihapitiya is supporting a private investment in public equity in Goldman-backed ReNew Power, an Indian renewable energy company.ReNew will merge with SPAC RMG Acquisition Corp II. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Billionaire investor Chamath Palihapitiya is taking part in another climate-focused investment as the SPAC boom continues in 2...
Tags: MetroMile, India, Trends, Markets, Pipe, Nasdaq, Goldman, Zimmer, Blackrock, Chamath Palihapitiya, SPAC, Mike Windle Getty, Desktop Metal, Palihapitiya, ReNew Power, Berkshire Grey


Crypto stocks rally as Cathie Wood backing sends bitcoin back above $51,000

Bitcoin has risen by more than 30% this year so far Dado Ruvic/Reuters Cryptocurrency exposed companies including MicroStrategy and Riot Blockchain gained on Wednesday. The jump coincided with bitcoin's rally back above $51,000 after Ark Boss Cathie Wood praised the token. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of cryptocurrency-exposed companies rose in premarket trading on Wednesday as bitcoin climbed back above $51,000.The token tumbled as low as ...
Tags: Trends, Markets, Bloomberg, Square, Crypto, MicroStrategy, Michael Saylor, Cathie Wood, Emily Graffeo, Bitcoin price today, Cathie Wood Bitcoin, Riot Blockchain stock price, Bit Digital, Dado Ruvic Reuters Cryptocurrency, Microstrategy bitcoin, Microstrategy stock


The first US cannabis ETF surpassed $1 billion in AUM in its first 6 months of trading

Cannabis plants are pruned at a grow facility in Oregon Getty Images The AdvisorShares Pure US Cannabis ETF has surpassed $1 billion in AUM in just six months. The fund was the first US ETF to focus solely on American cannabis companies and multi-state operations. The ETF has returned 110% since its inception.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The AdvisorShares Pure US Cannabis ETF has surpassed $1 billion in assets under management, according to a comp...
Tags: Congress, Oregon, US, Trends, Markets, Biden, AUM, Dan Ahrens, Emily Graffeo, Stock market news today, Cannabis stocks, Pot stocks, Weed stocks, ETF launch, Cannabis ETF, Marijuana etf


JPMorgan and Citi are using blockchain technology, and other banks are considering allowing clients to hold crypto in bank accounts, Bank of America research finds

Reuters Bank of America research published Tuesday shows banks like JPMorgan and Citi use blockchain technology. Other smaller banks said they are open to allowing clients to hold cryptocurrencies in the future. The research sheds on light on where traditional financial institutions stand on blockchain amid bitcoin's massive rally.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.A research report from Bank of America shows banking behemoths JPMorgan and Citi are usi...
Tags: Banks, US, Trends, Markets, Bank Of America, Bitcoin, Citigroup, Blockchain, Wells Fargo, Citi, Jpmorgan, Wells, PNC, Big Banks, BofA, Signature Bank


Former Treasury Secretary Steven Mnuchin is planning an investment fund backed by Persian Gulf wealth funds, report says

Reuters Former Treasury Secretary Steven Mnuchin plans to launch an investment fund backed by sovereign wealth funds in the Persian Gulf, the Washington Post reported. The fund will invest in areas including financial technology and entertainment. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Former Treasury Secretary Steven Mnuchin is planning to launch an investment fund that will be backed by sovereign wealth funds in the Persian Gulf region and other investor...
Tags: Washington Post, Saudi Arabia, White House, Trends, Markets, US Treasury, Sovereign Wealth Fund, Persian Gulf, Mnuchin, Former Treasury, Steven Mnuchin, Treasury Secretary Steven Mnuchin, Goldman Sachs Read, Emily Graffeo, Mnuchin investment fund, Persian Gulf Sovereign Wealth Funds


Fears of inflation are overblown, but it could still trigger near-term stock market volatility, UBS says

Spencer Platt/Getty Images UBS says that inflation may spike in the near-term as pent-up demand meets constrained supply. But fears of long-term inflation are overblown, the firm added. Such concerns could still trigger bouts of market volatility and investors should own cyclical stocks, said UBS.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.UBS's chief investment officer of global wealth management says investors should brace for a near-term spike in inflation, ...
Tags: Congress, Washington, US, Trends, CIO, Markets, Ubs, Inflation, Stocks, Volatility, Fed, PCE, Mark Haefele, Haefele, Stock Market Outlook, Stock Market Analysis


Tech stocks tumble as investors balk at lofty valuations

Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2019 in New York City Spencer Platt/Getty Images US stocks closed mixed with the tech-heavy Nasdaq losing over 2% as investors pivot out of highly-valued tech stocks.SPAC Churchill Capital IV spiked as much as 19% on a report a deal with EV maker Lucid Motors could come as soon as Tuesday.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were mixed on Monday with tech stocks pu...
Tags: Ge, US, Trends, Markets, Oil Prices, Bloomberg, Joe Biden, Bitcoin, Reddit, Goldman Sachs, Federal Reserve, General Electric, Dow Jones, S&P 500, Churchill, Gamestop


Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

American Airlines and United Airlines planes at Los Angeles International Airport. Kit Leong/Shutterstock.com Bank of America upgraded airline stocks but emphasized that momentum, not value, is driving the higher price objectives. Analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwest. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Airline stocks have upside ahead, but investors should be warned that the industry is still vulnerable w...
Tags: Trends, Markets, Bank Of America, Jetblue, United Airlines, American Airlines, Southwest, Los Angeles International Airport, BofA, Alaska Air Group, Bank of America In, JetBlue Alaska Airlines, Emily Graffeo, Airline Stocks, Southwest Airline Stock, United Airlines stock price


7 reasons why stocks have positive support in the near term despite rising bond yields, according to Fundstrat's Tom Lee

Johannes Eisele/AFP/Getty Images Fundstrat's Tom Lee says any dip in the stock market should be a buying opportunity. A large stimulus, declining COVID-19 cases, and millennial investors are a few reasons Lee says stocks have positive support in the near-term.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Rising bond yields may be giving investors some apprehension about the stock market's trajectory, but Fundstrat's Tom Lee says any dips will be buying opportunit...
Tags: Washington, China, US, Trends, Markets, Treasury, Stocks, Janet Yellen, Federal Reserve, Bonds, FOMC, Fed, Jpmorgan, Lee, Powell, Tom Lee


US stocks fall as investors mull how stimulus will impact inflation

Traders on the floor react before the opening bell on the New York Stock Exchange on March 9, 2020 in New York. Timothy Clary/AFP/Getty Images US stocks fell Monday morning as investors weighed how the next stimulus will impact inflation. Commodity prices are soaring and the 10-year US treasury note is at its highest point in a year.Bitcoin fell 10% after skyrocketing to new records over the weekend.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks fell Mond...
Tags: US, Trends, Markets, Oil Prices, Joe Biden, Treasury, Stocks, US Treasury, New York Stock Exchange, Federal Reserve, Stock Market, Wall Street Journal, Dow Jones, S&P 500, Michael Burry, Jerome Powell


Americans are becoming increasingly bullish on cryptocurrency as bitcoin soars to new records

Bitcoin miners are seeing gold despite the cryptocurrency's recent fall. NurPhoto/Getty Images  A new study of 30,000 Americans reveals 50% view cryptocurrencies as safe investments.The survey also revealed 57% of investors think companies should accept crypto as payment.Though crypto enthusiasts have mixed opinions on whether bitcoin will ultimately serve as a medium of exchange or simply a store of value. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bitcoin...
Tags: Trends, Markets, Tesla, Paypal, Bitcoin, Jp Morgan, Morgan Stanley, Wirex, Pavel Matveev, Piplsay, Venuto, Emily Graffeo, Isabelle Lee, Bitcoin price today, Bitcoin Investing, BTC price today