Stock market news live updates: Stocks fall despite strong jobs data; Nasdaq sheds 1% as tech shares sink

Stocks ended lower on Thursday as investors digested a better-than-expected prints on the labor market, as well as a report that President Joe Biden would be open to revising his proposal to increase the corporate tax rate. The Washington Post reported that Biden was reconsidering his previous proposal to raise the corporate tax rate to […]

Bitcoin is a “farce”- Amundi CIO

Cryptocurrencies such as bitcoin are a “farce” and a symptom of bubbles forming in financial markets, Amundi chief investment officer Pascal Blanque said on Thursday. Bitcoin, trading at around $39,364 , fell 35% last month after China doubled down on efforts to prevent speculative and financial risks by cracking down on mining and trading of […]

Tesla’s Surprise Just Shocked the Stock Market

Like it or hate it, Tesla (NASDAQ:TSLA) gets a huge amount of attention from investors. When news affects the electric vehicle pioneer, people take notice — and the moves of its stock can affect the entire market. Thursday was a generally weak day on Wall Street, as investor enthusiasm for popular meme stocks gave way […]

Why Riot Blockchain Stock Popped Today

What happened Shares of Bitcoin (CRYPTO:BTC) miner Riot Blockchain (NASDAQ:RIOT) surged to close 7.7% higher on Tuesday after analysts at two separate investment banks voiced positive opinions on the stock. So what Commenting last week on Riot Blockchain’s announcement that it has completed its acquisition of the 300 megawatt Whinstone facility in Texas (at a cost of $80 million in cash […]

Spouses in divorce proceedings are using cryptocurrency to hide money. Here’s how experts find it

The dramatic rise of cryptocurrency has led to some spouses hiding those digital assets during divorce settlements, and tracking down the funds isn’t easy, experts say. More than 20 million Americans may own cryptocurrency, industry groups say, and digital currency market values grew to a record $2 trillion in April. These spikes may be enticing […]