Tuesday, June 28, 2022

Crypto winter has had a chilling effect on Coinbase and Robinhood

The prices of bitcoin and other top cryptocurrencies have been more than cut in half this year. Now the great crypto crash of 2022 is crushing leading digital asset brokerage firms Coinbase and Robinhood too.
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Crypto winter has had a chilling effect on Coinbase and Robinhood
The prices of bitcoin and other top cryptocurrencies have been more than cut in half this year. Now the great crypto crash of 2022 is crushing leading digital asset brokerage firms Coinbase and Robinhood too. Read more »
 
Top accounting firm fined $100 million after employees cheated on CPA exams
Ernst & Young has been slapped with a record $100 million fine from the US government after regulators discovered that the company knew some of its auditors were cheating on exams for several years and did nothing to stop it. Read more »
 
Analysts accuse Bed Bath & Beyond of turning off AC in stores to save money as sales plummet
Retailers typically want their sales numbers to be red hot, not their customers. But Bed Bath & Beyond is reportedly dealing with cooled momentum and heated customers at its stores. Read more »
 
Russia's last default sparked a crisis. This time is different
This week, Russia defaulted on its foreign debt for the first time since the Bolshevik revolution after it failed to pay interest on two bonds during a 30-day grace period that expired Sunday. Read more »
 
The world's richest nations are banning gold imports from Russia
Some of the world's wealthiest nations are banning the import of Russian gold to further tighten the vise on Russia's economy. Read more »
 
Tencent's biggest shareholder is planning to dump more stock
Tencent's biggest shareholder will reduce its stake in the social media and gaming giant, just over a year after promising it would not sell the stock for three years. Read more »
 
 
 
 
Dow Nasdaq S&P
-491.27   -343.01   -78.56
30,946.99   11,181.54   3,821.55
-1.56%   -2.98%   -2.01%
YTD -14.84%   YTD -28.53%   YTD -19.82%
 
Biggest Winners
Hess Corp +5.57%
 
Occidental Petroleum Corp +4.77%
 
Marathon Oil Corp +4.37%
 
Las Vegas Sands Corp +4.04%
Biggest Losers
Nike Inc -6.99%
 
Bath & Body Works Inc -5.78%
 
Darden Restaurants Inc -5.60%
 
Salesforce Inc -5.43%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $112.02 +2.45 / +2.24%
Gold $1,821.80 -3.00 / -0.16%
10-yr 3.21% +0.01
Euro $1.05 -0.01 / -0.59%
More Markets Now
 
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