Category: Finance Tech

Finance Tech, Liquidity

Bitcoin price rises as second-biggest cryptocurrency ether hits all-time high

January 25, 2021


Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 […]

Finance Tech, Trading

Trading volume is up from 2020’s breakneck pace as retail investors jump in

January 22, 2021


Stock trading volumes are through the roof. It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well. “For trading volumes, the new year starts at a consistent, […]

Finance Tech, Financial Services, Industries, Trading

Goldman Sachs crushes analysts’ estimates on stronger-than-expected stock trading, investment banking

January 19, 2021


Goldman Sachs on Tuesday beat analysts’ expectations for fourth-quarter profit and revenue on strong performance from the firm’s equities traders and investment bankers. The bank posted earnings of $12.08 a share, crushing the $7.47 estimate of analysts surveyed by Refinitiv. […]

Finance Tech, Trading

World shares retreat despite strong growth data from China

January 18, 2021

Via: ABC News

Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in […]

Finance Tech, Trading

European Stocks Close Higher On Stimulus Hopes, Vaccine Updates

January 14, 2021

Via: Markets Insider

European markets closed higher on Thursday as investors looked ahead to an announcement from U.S. President-elect Joe Biden about additional fiscal stimulus, and reacted positively to encouraging updates on the coronavirus vaccine front. According to reports Johnson & Johnson’s one-shot […]

Finance Tech, Trading

How major US stock indexes fared Tuesday

January 13, 2021

Via: ABC News

Stocks shook off a midday slide and ended with modest gains Tuesday, leaving the major indexes close to their recent all-time highs. Small-company stocks continued to outpace the rest of the market by a wide margin, a sign that investors […]

Finance Tech, Trading

Stocks making the biggest moves after hours: Urban Outfitters, KB Home, Repay Holdings & more

January 12, 2021


Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at […]

Finance Tech, Liquidity

Bitcoin tumbles 20% in worst crash since March

January 11, 2021

Via: Fortune

The week is off to a bearish start for cryptocurrency as the price of Bitcoin fell nearly $10,000 from its Friday high of nearly $42,000, temporarily ending an unprecedented rally. On Monday morning, Bitcoin was trading under $33,000—a more than […]

Capital, Finance Tech, Financial Services, Industries

Jefferies Climbs on Fourth-Quarter Profit Surge

January 5, 2021

Via: TheStreet

Jefferies Financial Group (JEF) – Get Report shares rose on Tuesday after the financial-services company reported a 79% surge in fourth-quarter net income per share and boosted its stock-buyback plans. Shares of the New York investment bank at last check […]

Finance Tech, Liquidity

Bitcoin falls over 10% as record-breaking rally loses steam

January 4, 2021


Bitcoin is pulling back from its record highs. The cryptocurrency briefly dipped below $30,000 Monday, just two days after breaching that level for the first time. The price of bitcoin rallied to a fresh all-time high over the weekend, topping […]