Crypto investor Barry Silbert offers sympathy and advice to those who have lost fortunes this week

Crypto investor Barry Silbert offers sympathy and advice to those who have lost fortunes this week

Billionaire crypto investor, Barry Silbert, the founder and CEO of Digital Currency Group, on Saturday offered sympathy and advice to those who have lost fortunes recently. It’s been a tough six months to be a crypto investor. Whipsawing markets, faltering asset prices, rising interest rates yields, and high inflation have all combined to shock stock, … Read more

investors look ahead to U.S. inflation data for April

investors look ahead to U.S. inflation data for April

LONDON — European stocks advanced on Wednesday morning as investors looked ahead to the latest inflation reading. The pan-European Stoxx 600 added 1.2% by mid-morning. Autos jumped 2.9% to lead gains as all sectors traded in positive territory except health care, which fell 0.9%. The positive morning in Europe came after choppy trading sessions in … Read more

Tech’s latest IPOs fall, with Robinhood, Rivian, UiPath down over 70%

Tech’s latest IPOs fall, with Robinhood, Rivian, UiPath down over 70%

Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Tech stocks have gotten hammered across the board in 2022. The downdraft has been particularly brutal for companies that held their market debuts in 2021. Of 53 … Read more

Twitter, Carnival, First Solar and more

Twitter, Carnival, First Solar and more

Carnival Cruise Lines Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Here are the companies that are making headlines in the dinner trade. Twitter – Shares in the social media company rose more than 3% after … Read more

Tesla, Beyond Meat, Coinbase and more

Tesla, Beyond Meat, Coinbase and more

Take a look at some of the biggest movers in the advance market: Tesla (TSLA) – Tesla will ask shareholders to approve the issuance of additional shares at the upcoming annual meeting so it can pay dividends, according to a company tweet. The additional shares would allow the company to split its shares. Tesla rose … Read more