Stock Futures Today – Tesla, Palantir, Bitcoin: What to Watch When the Stock Market Opens Today. Here’s what we’re watching as markets kick into gear on Tuesday. —U.S. stock futures slipped as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the...
The wild ride in Bitcoin continues in Tuesday’s Asian trading, as the BTC sellers are back in control, knocking off prices by almost 11%. Although, strong bids emerged just above $48,500 levels, prompting the flagship cryptocurrency to stage a quick recovery back beyond the $50,000 mark. The volatility around the most...
The link between Lucid Motors and Churchill Capital Corp IV CCIV 0.05%. shows no signs of slowing down and the deal could be getting close to being formally announced. What Happened: Lucid Motors is nearing a deal with Churchill Capital Corp IV to go public. The deal would value the...
U.S. financial markets will pause Monday in observance of Presidents Day — which, technically, is not the name of the holiday. The New York Stock Exchange and Nasdaq will be closed on Feb. 15. And the Securities Industry and Financial Markets Association, or Sifma, is recommending no trading in dollar-denominated...
Bitcoin’s price soared past the $48,000 level for a second time this week, hitting a fresh all-time high as Bank of New York Mellon said it would provide custody services for digital assets. The world’s most valuable cryptocurrency hit an intraday record of $48,297 at roughly 8:30 a.m. ET on...
Dating app Bumble (BMBL) turned a few heads Thursday with its initial public offering that widely exceeded expectations and raised $2.15 billion. The Bumble IPO jumped by double digits as trading began. Bumble stock jumped 78%, near 76.80, during afternoon trading on the stock market today, under the ticker BMBL. The...
Shares of Just Energy Group (NYSE: JE) rose 43.7% in January, according to data from S&P Global Market Intelligence. The stock likely benefited from the short-squeeze mania kicked off by explosive gains for GameStop, AMC Entertainment, and a handful of other heavily shorted companies. The number of Just Energy shares...
GameStop shares will plunge to around $10-$20 a share by the second quarter of 2021, according to Dan Ushman, founder and chief executive officer of TrendSpider, a trading-software company. Ushman said he believes the price of GameStop will fall by 85%, returning "to where it was before the insanity began."...
The company behind the trading app Robinhood is facing more than 30 civil lawsuits from its users in relation to restrictions it imposed temporarily limiting purchases of certain stocks last week. Several groups of the app's users have filed separate lawsuits against Robinhood Markets Inc. in federal courts, including in...
GameStop's stock price gyrated on Wednesday, climbing back above $100, but then slumping in the last hour of trading to end the day up just 3% from Tuesday, and well below its recent highs. The wavering stock price also suggests the popular WallStreetBets Reddit discussion board that has helped...