Coming up in the markets
Inflation, central banks, US home prices and commodities are the focus for the week
Inflation, central banks, US home prices and commodities are the focus for the week
Like stock certificates sprinkled with pixie dust, inflated exchange tokens were at the core of FTX’s spectacular collapse. They are still in widespread use at major cryptocurrency exchanges around the world. Will they be crypto’s undoing?
Stocks could continue to surge for another month, but “it’s still a bear market, so it could rip you apart,” one analyst warns.
VC firms have raised a record $151 billion from their investors this year. But for newer VCs, many of who are from underrepresented groups, fundraising has become paradoxically harder.
Australia’s employment data, RBA meeting minutes, Chinese and US retail sales, UK CPI, Nvidia earnings in focus.
The Musk-Twitter saga started when the billionaire acquired a 9% stake in the firm back in April and within weeks announced a bid to acquire it at a massive premium.
The head of the Securities and Exchange Commission cautioned Americans about the risks of investing in the lightly regulated cryptocurrency industry
The Fed has just one more policy meeting this year, concluding on December 5.
The sector has emerged from the pandemic with its best result since 2018.
Bitcoin proxies weathered downward pressure from the FTX collapse.