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"I'm actually happy this is happening," says on the SEC's crypto crackdown, later adding: "It's now crystal clear what [Gary] Gensler wants." Full comments:
8:32
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Yellen: US economy strong amid robust consumer spending, but some areas are slowing
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Follow here for more data viz: instagram.com/yahoofinance/
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Buying a home is cheaper than renting in just 4 major U.S. cities: Detroit, Philadelphia, Cleveland, and Houston yhoo.it/3qmPFnC
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"It was a very significant decision for them to cut 1 million barrels," CIBC Private Wealth, US Senior Energy Trader Rebecca Babin says on Saudi Arabia's oil production cuts. "This wasn't a quantity issue. They came out big. They came out aggressive."
6:35
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"It's a big problem," Commercial Observer Reporter says on the changing conditions for loan borrowers within commercial real estate. "What we've seen is the highest interest rate increase in 40 years, engineered by the Federal Reserve."
6:27
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The Fed is "trying to slow down the world because they're trying to bring down inflation with it," J.P. Morgan Private Bank Stephanie Roth says, adding: "It's possible a recession will be needed to get that last bit of inflation down" to 2%.
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The central bank came off the sidelines after several indicators showed unexpected resilience in the Canadian economy in recent weeks
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Prudential Vice Chair Rob Falzon believes Gen X is "a significantly undersaved population heading into retirement." Full comments:
5:37
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Campbell Soup's price hikes drive quarterly profit beat
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MoffettNathanson Partner Lisa Ellis on crypto regulation:
“The SEC in some ways has been holding the industry hostage over the last year… by trickling out these enforcement actions, but not having a constructive dialogue about what issues they’re concerned about or not.”
9:50
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“It’s probably difficult to think everyone’s going to go out and buy $3,500 glasses,” Roundhill Investments Chief Strategy Officer David Mazza says on Apple’s long-awaited AR/VR headset, noting: “This tech disruption could be happening sooner than later.”
9:14
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Roundhill Investments Chief Strategy Officer David Mazza on the dip in Chinese exports and imports:
"The Chinese government is seemingly a bit between a rock and a hard place here." Full comments:
4:43
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Many Americans think we're close to or in a recession despite their own financial optimism yhoo.it/3oRqBop by
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3 things to know this morning:
- China exports plunge
- Market melt-up broadens
- The U.S. Securities and Exchange Commission's (SEC) crypto crackdown
1:51
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Jamie Dimon says Biden is pursuing the right strategy on China by focusing on national security and working with allies yhoo.it/43Ge1He via
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Kim Kardashian fails to persuade judge to toss crypto-hype lawsuit against the star yhoo.it/43IPYrl via
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Cathie Wood's funds boosted their Coinbase stake as shares slumped after the SEC accused it of operating an unlawful exchange $COIN $ARKK yhoo.it/3WW5TQI via
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YouTube 'reckless' to stop policing false claims on election fraud -Biden campaign
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SEC files motion for restraining order to freeze Binance US assets
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Global economy to slow to lowest level since the 2008 financial crisis: World Bank yhoo.it/3oOrQEY by
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$AAPL unveiled its long-awaited mixed reality headset, Apple Vision Pro, yesterday:
💲 Will cost $3,499
📷 Includes Apple's first fully 3-D interface and camera
🕹️ Controllable through a user's eyes, hands, and voice
yhoo.it/43uJzQP
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"This is our 17th-consecutive quarter of net sales growth," e.l.f. Beauty CEO Tarang Amin says on $ELF Q4 earnings. "Our business is really resonating with consumers."
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"I believe they pulled out an amazing technological feat," Stanford Professor of Communications Jeremy Bailenson says on Apple's AR/VR headset, However, "it's going to be a challenge for the technology companies to get a return on investment…"
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Wedbush Securities Managing Director Scott Devitt on initiating a Neutral rating on $EXPE:
"We could see the stock move higher if the travel conditions hold up for longer than investors expect." Full comments:
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We covered the rise of LIV Golf and the money flowing into golf a lot last summer . I didn't think it would end with this headline.
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. provides a further look into Merck's lawsuit against the Biden administration over Medicare drug price negotiation law:
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"Realism needs to set in," Threadneedle Founder says on US inflation. "The Fed is going to keep going until inflation is at its target."
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