Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent...
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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with...
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While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About the Art
After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection...
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Lyft Co-Founder Talks Stock-Price Tumble, Autonomous Cars | Tech News Briefing Podcast | WSJ
Ride-hailing is facing a lot of challenges: Fares are up, drivers are in short supply, and the prospect of a recession looms. Lyft co-founder and President John Zimmer says that is why his company...
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Stablecoin demand maintains pace as other cryptocurrencies tumble
More investors are swapping cryptocurrencies for stablecoins, signaling a potential shift toward the less risky asset. Stablecoin dominance is near 16%, about 2.7 percentage points away from an all-time high set in mid-June. (This...
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