Stock Market News

The S&P 500 sank 3.8% as chip stocks crashed. Here is how a circuit breaker trading halt works and how close it came. The post How Stocks Nearly Triggered a Market-Wide Trading Freeze Thursday appeared first on BeInCrypto.

US stocks lost $2 trillion in an hour. Here are the 3 reasons chip and AI stocks are crashing, and what comes next. The post Why Is the US Stock Market Crashing? 3 Reasons Behind the $2 Trillion Wipeout appeared first on BeInCrypto.

Bitfarms, now Keel, sold all its Bitcoin and will sell mined coins daily. Here is what still ties its stock to BTC. The post Nasdaq-Listed Bitfarms Sold All Its BTC: Is It Still a Bitcoin Stock? appeared first on BeInCrypto.

Stocks and crypto markets rallied after Democrats won control of Congress. But can the gains hold? Jim Cramer warns of a key test on Friday. The CNBC Mad Money host warned that the October jobs report could undo much of the gains. Crypto traders face the same risk, since the data will shape Fed rate-hike…

American Bitcoin (ABTC) earned $126 million in the third quarter (Q3), powered by a $197.3 million Bitcoin (BTC) gain. Without it, the miner’s operations posted a small loss.  The company, co-founded by Eric Trump, released its earnings after the US market closed on November 4. Its stock had already fallen 5.6% from the prior close…

Snap Inc. (SNAP) stock fell 11.46% after hours on Wednesday, dropping to $5.24 from its $5.92 close. The Snapchat parent posted a profit and guided above estimates, but missed on revenue and daily users. The after-hours slide erased a 5.81% gain from the regular session, when shares rose from a $5.60 previous close.  Follow us…

Fidelity's Jurrien Timmer says higher yields keep the stock-bond correlation positive, casting doubt on a 60/40 revival. The post Fidelity's Timmer Doubts 60/40 Revival as Stock-Bond Correlation Slips appeared first on BeInCrypto.

SK Hynix fell 7.74% while the Dow rose 3% after Democrats won Congress, reviving fears of tighter AI data center rules. The post SK Hynix Sheds Nearly 8% While Dow Jumps: What Is Seoul Pricing In? appeared first on BeInCrypto.

The Dow jumped 1,500 points after Democrats won Congress, but analysts say gridlock brings a debt ceiling fight next year. The post Dow Jumps 1,500 Points on Democratic Win: Is Gridlock Priced In? appeared first on BeInCrypto.

Tom Lee says tech could rally 15% to 20% as hedge funds return, even as data center stocks fall after the midterms. The post Tom Lee Says Democratic Sweep Could Fuel 15% to 20% Tech Rally appeared first on BeInCrypto.