The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer,
Month: August 2022
Australia’s first battery-grade lithium refinery, the largest outside China, has opened talks with electric vehicle makers as it seeks to meet surging demand from global automakers for the mineral. Tianqi Lithium Energy Australia, jointly owned by Chinese group Tianqi and Australian company IGO, said it was aiming to supply a number of global automakers with
The decentralized application industry pushed above $40 billion in smart contract deposits in February 2021, and currently the figure stands at $59 billion. To date, “real money” continues to flow into the sector, and on Aug. 29, gaming startup Limit Break raised $200 million. The project gained popularity after the successful launch of its DigiDaigaku
In this article DIS PSTG OKTA NTNX MDB FIVE The inside of one of Five Below’s existing locations. Five Below Check out the companies making headlines after hours. Pure Storage — The tech stock jumped 7% after the data storage developer surpassed profit and revenue expectations. Pure Storage also issued strong third-quarter and full-year revenue
Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear and Greed Index had dropped back to back to “Extreme Fear,” reflecting softening sentiment among investors.
Reuters Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the beleaguered retailer tumbled 21.3% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an undisclosed amount of stock in
Municipals were little changed Wednesday, being cut a basis point or two in spots to close out August, while U.S. Treasuries sold off ten years and out and equities ended in the red. “The tone heading into month end remains mostly unchanged from the post-rate hike/post-Jackson Hole dialogue, with conflicting metrics holding back more momentum
Sailing is popular in the Waddenzee Photo: Niels van der Pas A Dutch schoolgirl from The Hague has died on a sailing ship on the Waddenzee, when part of the mast fell on her, police have said. The girl, who has not been named, is under 18 and was on a school trip organised by
Bitcoin (BTC) price has been trying to change course while the S&P 500 is still giving up gains on a daily basis. Even though the United States equities markets have been grinding lower since Aug. 26, Bitcoin has managed to hold on to the $20,000 mark. However, investor interest seems to be shifting away from
August municipal bond issuance declined 23% year-over-year, led by a drop in taxable and refunding volumes, as issuers continued to sit on the sidelines amid rising interest rates. Total August volume was $33.651 billion in 618 deals versus $43.885 billion in 1,162 issues a year earlier, according to Refinitiv data. Taxable issuance totaled $6.188 billion
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