News > Capital Markets

The Overlooked Relationship Between Gold and Bitcoin, Explained
Capital Markets
Bitcoin bulls have long argued the cryptocurrency is a new store of value for investors thanks to its protection from inflation and its deregulated nature. In fact, even some bitcoin analysts have compared the currency to gold. Historically, there has been no clear indication of any correlation between bitcoin and gold prices, but UBS now says a very weak correlation
Call it a Comeback: Snap Shocks Analysts With Huge Quarter
Capital Markets
Snap Inc. has become a favorite punching bag for both Wall Street and media outlets that cover Wall Street (guilty as charged) after its disastrous plummet last year following its initial public offering in March. And to be fair, there were plenty of reasons to hate Snap's stock: In July, Snap's stock price had fallen below its $17 IPO price.
What to Make of the Market Sell-Off: Yields, Value Plays, And Volatility
Capital Markets
The market’s historic sell-off on Monday certainly got the attention of investors. It also got the attention of market experts and analysts, many of whom took the opportunity to weigh in on what the sell-off means and how traders should react. Here’s a rundown of what Wall Street had to say about the sell-off. Voices From The Street Treasury Yields
New Policies, New Path
Capital Markets
Back in the 1970s, supporters of the status quo said there was nothing to be done about stagflation (high inflation and slow growth). It was a "fact of life" that Americans had to accept after experiencing faster growth and lower inflation during the decades immediately following World War II. Then, along came the supply-side and monetarist economists with new ideas
At Senate Hearing on Cryptocurrency, SEC Chairman Hints at the Need For New Legislation
At a Senate committee hearing on cryptocurrencies, Securities and Exchange Commission Chairman Jay Clayton indicated that the agency could seek new legislation to help enforce oversight of the of the crypto space, including initial coin offerings. Clayton, joined by J. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC) at an open session of the Senate's Committee on
PreMarket Prep: Piper Jaffray's Mike Olson Talks Tech Earnings
Capital Markets
PiperJaffray analyst Mike Olson offered a bullish analysis of four major tech stocks on Friday's PreMarket Prep podcast. Apple Apple Inc (NASDAQ: AAPL)’s first-quarter 2018 earnings report detailed weaker-than-expected iPhone sales, alarming some investors and sending the share price down. The report isn't necessarily concerning, and Apple ASPs were headed upwards due to a higher percentage of iPhone X sales,
Ray Dalio: Stock Selloff is a "Minor Correction"
U.S. stocks continued their slide on Monday, with the Dow Jones Industrial Average and S&P 500 Index hitting session lows, but Bridgewater Associates founder Ray Dalio maintains in a new post on LinkedIn that the selloff is a "minor correction" as investors ready for further Fed tightening. Dalio says that the current market correction is "classic late-cycle behavior" that "is
There is No End in Sight to Bitcoin's Decline
Bitcoin continued its decline for a fifth straight day on Monday as investors ramped up their selloff of digital coins, dropping below $7,000 by midday trading in New York, according to data from CoinDesk. Bitcoin's crash has now wiped out more than 60 percent of its value since it hit a record $19,511 in December, as Bloomberg notes. The coin's
Gene Munster Breaks Down Alphabet's Overlooked Businesses
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported fourth quarter results that included an earnings miss and a revenue beat. The quarter is notable because it included a lot of commentary on Alphabet's lesser known and discussed business units, according to former Wall Street analyst turned venture capitalist Gene Munster. Artificial Intelligence Google's head Sundar Pichai continues to convey the message
There is Now Growing Concern That the Price of Bitcoin is Being Artificially Manipulated
Bitcoin briefly plunged below $8,000 on Friday for the first time since November, as the 2018 slump for cryptocurrencies continued, leading economist Nouriel "Dr. Doom" Roubini to call it the “biggest bubble in human history,” according to Bloomberg. But while Roubini tells Bloomberg Television that the "mother of all bubbles" is now crashing, some investors are worried about something else