#Snap surges, Twitter gains as stocks rise on strong earnings

#Snap surges, Twitter gains as stocks rise on strong earnings

“#Snap surges, Twitter gains as stocks rise on strong earnings” Wall Street’s main indexes rose Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints. Twitter gained 1.3 percent after it reported higher quarterly revenue growth, while Snapchat owner…

Read More
# Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below K

# Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K

“# Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K ” Bitcoin’s (BTC) painful plunge below $30,000 on Tuesday turned into a so-called “buy the dip” opportunity for Alameda Research, a Hong Kong-based quantitative trading firm and liquidity solutions firm headed by FTX CEO and founder Sam Bankman-Fried. Quantitative trader…

Read More
#Morgan Stanley CEO doubles down against working from home

#Morgan Stanley CEO doubles down against working from home

“#Morgan Stanley CEO doubles down against working from home” Morgan Stanley boss James Gorman doubled down on his stance against working from home, saying there’s no substitute for schlepping into the office and toiling with colleagues in person. “I fundamentally believe the way you and I develop our career is by being mentored and by…

Read More
#Federal Reserve chair assures that inflation will pass

#Federal Reserve chair assures that inflation will pass

“#Federal Reserve chair assures that inflation will pass” Federal Reserve Chairman Jerome Powell on Wednesday stuck to his position that inflation is temporary even as new data stoked concerns among Wall Street bigwigs that higher prices could be here to stay. “Inflation has increased notably and will likely remain elevated in coming months before moderating,”…

Read More
# S&P Dow Jones Indices launches new cryptocurrency indexes

# S&P Dow Jones Indices launches new cryptocurrency indexes

“# S&P Dow Jones Indices launches new cryptocurrency indexes ” S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the broader digital asset market.  The S&P Cryptocurrency Broad Digital Market Index, labelled BDM, tracks more than 240…

Read More