Bitcoin price falls after US CPI data, but support at $36,000 could launch gains above $38,000 and $40,000, making it bullish.
Volatility (finance) News & Breaking Stories
Bitcoin mining companies have outperformed Bitcoin itself this year, with shares of publicly-traded firms surging over 100%. The rising value of Bitcoin and positive business developments have contributed to the profitability of these companies. Mining companies earn money by mining Bitcoin's next block, and as the value of Bitcoin rises, so does their profit. Additionally, mining companies have made strides in boosting their value proposition to investors through investments in new mining hardware and diversification into other services.
Tesla's stock drops after disappointing Q3 earnings, but temporary factors are impacting its bottom line. However, its dominant position and competitive advantages could lead to higher stock prices in the future.
Instacart's stock opened at $42 a share, 40% higher than anticipated, with a market valuation of roughly $13.9 billion.
Tesla, CVS Health, and Qualcomm were the top performers on the S&P 500, while Rtx Corp, JM Smucker Company, and Newell Brands were the worst performers. Rising stocks outnumbered declining ones on the NYSE and Nasdaq. Shares in Rtx Corp, JM Smucker Company, Walgreens Boots Alliance, Intel Corporation, Tenon Medical, Crinetics Pharmaceuticals, and Solowin Holdings either reached 52-week lows or all-time lows. The CBOE Volatility Index was down, while gold futures and crude oil prices fluctuated.
IBEX Technologies' peers are trading at a higher premium to fair value, suggesting the company may be undervalued.
Bitcoin's price has declined due to Tether's decision to stop supporting USDT on the Bitcoin blockchain, potentially impacting market volatility and deterring businesses from accepting Bitcoin. Elon Musk's sale of BTC holdings is also a contributing factor.
Bitcoin's price fell by nearly 8% in an hour of frenzied trading, erasing most of its gains since June. The sell-off coincided with news that Elon Musk's SpaceX had written down the value of its bitcoin holdings by $373mn and sold the cryptocurrency. The volatility comes as US regulators crack down on the sector and as expectations of interest rate cuts by the Federal Reserve are reassessed.
Inflation has led to an increase in mortgage rates, with the Federal Reserve raising its federal funds rate. Experts predict rates will remain high.
Global shares and the dollar rise after US consumer price inflation moderates, boosting hopes of the Fed's rate-hiking cycle nearing its end.
WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."
U.S. stocks rise as inflation eases, tech sector leads gains.
What news can we find under Volatility (finance) News Section?
Delving into the Volatility Rollercoaster in Finance
Ever felt the intense rush from a roller coaster's sudden drops and dramatic ascents? Now, imagine that thrill - or perhaps dread for some - transplanted to your finances. That, my dear reader, is what we label as volatility.
In finance-speak, volatility measures fluctuations in price value of various assets - stocks, commodities or foreign exchange markets.
We've all seen financial headlines screaming about massive market movements. Remember those mornings with your hot brew witnessing Wall Street having an absolute meltdown? Perhaps you've even had nail-biting suspense witnessing currency prices skyrocketing overnight. This unpredictability, my friends are classic examples of financial volatility.
The news under this topic often entails complex algorithms—sounds scary right? But let me simplify it; these mathematical predictions help us brace ourselves for impending storms in the economic seascape.
You might wonder why so much emphasis on this one little word: 'Volatilty'. Isn't investing all about risks and rewards anyway?
Surely it is! But here's an analogy to chew on. Suppose your shiny new car didn't come with brakes; wouldn’t that ride be perilously unpredictable (and not precisely in an adrenaline-pumping way)? Similarly understanding volatility helps put brakes on our exposure to risk. It allows us buckle up before embarking upon rickety rides within fluctuating financial markets.
A glance at the ‘volatility-related’ news equips investors with forecasts akin to weather updates ahead of a stormy season – insights which could make all difference between capsizing & cruising through their financial voyages!So next time when someone asks you "What’s brewing in finance?” You'd know exactly where to look! Turn towards 'volatility', ladies and gentlemen — the pulsating heartbeat nested amidst the labyrinthian murmurs echoing down Wall-Street corridors!