Monday, April 5, 2021

The NFT bubble might be bursting already

Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates that have taken the art and collectibles world by storm this year, have plunged about 70% from their high point in February.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
The NFT bubble might be bursting already
Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates that have taken the art and collectibles world by storm this year, have plunged about 70% from their high point in February. Read more »
 
Movie theater stocks are roaring thanks to 'Godzilla vs. Kong'
HBO Max subscribers had the option to stream "Godzilla vs. Kong" in the comfort of their homes during Easter and Passover weekend, but plenty of moviegoers opted to see it in theaters. That's great news for the publicly traded owners of big multiplexes. Read more »
 
Tesla's stock rises on record Model 3 and Model Y deliveries
No Model S or Model X cars on the Tesla assembly line is apparently no problem for investors. Read more »
 
The US recovery is speeding up but the global economy isn't out of danger
The economic recovery in the United States and China is gaining steam, triggering a wave of upgraded forecasts and optimistic commentary. Meanwhile, economists watching other parts of the world are getting worried. Read more »
 
US services sector booms to record high in March
Spring has arrived, and America's services sector is positively booming. Read more »
 
This Amazon-backed startup is trying to save the planet, one motor at a time
Turntide Technologies is on a mission to save the planet, one motor at a time. Read more »
 
 
 
 
Dow Nasdaq S&P
+373.98   +225.49   +58.04
33,527.19   13,705.59   4,077.91
+1.13%   +1.67%   +1.44%
YTD +9.54%   YTD +6.34%   YTD +8.57%
 
Biggest Winners
Norwegian Cruise Line Holdings Ltd +7.18%
 
General Motors Co +5.61%
 
MGM Resorts International +5.04%
 
Freeport-McMoRan Inc +4.74%
Biggest Losers
Occidental Petroleum Corp -7.56%
 
Pioneer Natural Resources Co -7.55%
 
Marathon Oil Corp -5.09%
 
Hess Corp -4.99%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.78 +0.13 / +0.22%
Gold $1,729.10 +0.30 / +0.02%
10-yr 1.72% -0.03
Euro $1.18 +0.00 / +0.39%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2021 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

22 spring outfit ideas to fight fashion-decision fatigue

Your Horoscope For The Week Of May 13 VIEW IN BROWSER ...