Opinion: No tech sector appears safe from the spring swoon

Opinion: No tech sector appears safe from the spring swoon

Nvidia Corp., Nutanix Inc. and Snowflake Inc. all gave earnings forecasts that were below analysts’ expectations on Wednesday, the latest in a batch of tech companies across sectors to give warnings about changing macroeconomic conditions in the spring. Lowered forecasts have struck across tech sectors, from social-media company Snap Inc. SNAP, + 4.59% to chip … Read more

Crypto Security Debate Goes to Court

WASHINGTON — Investors are asking the courts to decide an existential question for the cryptocurrency industry: whether digital tokens are, for legal purposes, more similar to stocks or to gold. Attorneys for cryptocurrency-trading platform Coinbase Global Inc. COIN 4.02% filed a motion this month to dismiss a class-action lawsuit arguing that 79 of the tokens … Read more

Is Nvidia’s gaming forecast the ‘cut’ that Wall Street has been looking for?

Nvidia Corp. investors may have received the all-clear signal they have been waiting for to start buying the stock again, but some on Wall Street were wondering if the signal was a clear one Thursday. Nvidia NVDA, + 5.16% shares have been ripped in half from their all-time high of $ 333.76 in roughly the … Read more

Howard Marks explains how to avoid crashes by learning to recognize signs of bull-market excess

Oaktree Capital founder Howard Marks is a boldfaced name on Wall Street, equally well known for his firm’s performance as for his lengthy investor letters that he periodically publishes free online to reach the widest possible audience. As stocks plunged earlier this month, Marks – who built one of the most successful distressed-debt funds in … Read more

Accounting Firm EY Considers Split of Audit, Advisory Businesses

Big Four accounting firm Ernst & Young is considering a world-wide split of its audit and advisory businesses amid regulatory scrutiny of potential conflicts of interest in the profession, according to people familiar with the matter. A split would be the biggest structural change at a Big Four firm since Arthur Andersen fell apart some … Read more

After 2 stormy years of ‘moonshot’ house prices, do not hold out hope for a major correction. Why COVID-era property values ​​may be here to stay.

There is hope for first-time buyers looking to enter the US housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the housing market is finally showing signs of cooling – in terms of demand and sales, if not those persistently high prices … Read more

Stocks Climb Ahead of Tech Earnings

US stocks rose Thursday, putting the Dow Jones Industrial Average on course for a fifth consecutive day higher, as shares of companies from technology to financials to the consumer sectors advanced. The blue chips added 1.6%, or about 660 points, while the S&P 500 gained 1.9%. The tech-heavy Nasdaq Composite climbed 2.6%, helped by gains … Read more

After 2 stormy years of ‘moonshot’ house prices, do not hold out hope for a major correction. Why COVID-era property values ​​may be here to stay.

There is hope for first-time buyers looking to enter the US housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the housing market is finally showing signs of cooling – in terms of demand and sales, if not those persistently high prices … Read more

This eclipse-like event is why bitcoin could reach $ 100,000 by next year, says forecaster with a solid record on the crypto

Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia dropped a warning late Wednesday. But we’re switching away from Wall Street’s tug of war to focus on cryptocurrencies, and a call from the president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who … Read more

Here’s everything coming to Netflix in June 2022 – and what’s leaving

June on Netflix is ​​more than just the shoulder season between seasons of “Stranger Things,” especially on the international front. The cult hit British crime drama “Peaky Blinkers” (June 10), which aired in the UK earlier this year, returns for its sixth and final season. The violent exploits of the early-20th-century Birmingham gang pick up … Read more