Breaking News: Markets

Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 10% after the company announced a partnership with BlackRock, the world’s largest asset manager, that …

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Bank of England launches biggest interest rate hike in 27 years

Bank of England launches biggest interest rate hike in 27 years

BOE Governor Andrew Bailey has warned the Bank is walking a “narrow path” between growth and inflation. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest rates by 50 basis points, its largest single increase since 1995, and projected the U.K.’s longest recession since the global financial crisis. …

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Stock futures about flat following 400-point rally in the Dow

Stock futures about flat following 400-point rally in the Dow

European markets muted; big Bank of England hike expected European stocks were muted on Thursday as uncertainty returned following gains in the previous session. The pan-European Stoxx 600 was up 0.2% by mid-morning. Retail stocks were the standout performers, gaining 2.2%, while telecoms fell 0.5%. The U.K.’s FTSE pulled back ahead of the Bank of England‘s …

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Dow futures gain slightly after the three major averages notched a second day of losses

Dow futures gain slightly after the three major averages notched a second day of losses

Focus on data, not what Fed speakers are saying, Art Hogan says Despite the “parade of Fed speakers,” that’s not what investors should focus on, according to Art Hogan, chief market strategist at B. Riley Financial. “I think that investors have to pay more attention to what the data is telling us than what every …

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What Cramer is watching Tuesday — oil outlook, Pinterest and Uber soar, Caterpillar stumbles

What Cramer is watching Tuesday — oil outlook, Pinterest and Uber soar, Caterpillar stumbles

What I am looking at Aug. 2, 2022 Is oil over? I thought it had staying power here but a chartist who called the West Texas Intermediate crude top at about $110 per barrel on “Mad Money,” Carley Garner, now says next stop is $85 to $80 range. WTI under $94 per barrel Tuesday morning …

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