CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

I hate to be the bearer of bad news, but it doesn’t appear to be getting any easier to find a rental property. The research team at SQM have released their findings for January. They found national vacancy rates decreased to 1.1 per cent in January, from 1.3 per cent in December. Perth continues to … Read more

Weekend Business News Roundup February 03, 2024

Weekend Business News Roundup February 03, 2024

Tesla CEO Elon Musk and noted diversity skeptic Ben Shapiro.Photo: Klaudia Radecka/NurPhoto via Getty Images (Getty Images) Tesla’s annual shareholder report is out. It includes a bunch of growing numbers: Almost $100 billion in revenue, more than 1.8 million cars delivered to customers, more than 140,000 employees. But one thing that isn’t increasing in size, … Read more

Indian stock market: 6 key things that changed for market overnight – Gift Nifty, US megacap stocks to bitcoin ETF nod

Indian stock market: 6 key things that changed for market overnight – Gift Nifty, US megacap stocks to bitcoin ETF nod

Indian stock market: The domestic equity indices are expected to open on a flat note Thursday amid positive global cues. Investors await the release of Q3 results from major IT companies later today, marking the beginning of the earnings season for the third quarter of FY24. Asian markets traded higher, while the US stocks ended … Read more

4 Bitcoin Businesses Shaping The Future Of Finance

4 Bitcoin Businesses Shaping The Future Of Finance

Photo by Michael Regan Getty Images As we mark the 15th anniversary of Bitcoin’s Genesis Block, we witness a defining chapter in financial history. In just a decade and a half, bitcoin has transformed from an experimental digital currency to a global asset, outperforming traditional assets. Its adoption rate, accelerating nearly twice as fast as … Read more

Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

Not only have those stocks outperformed the primary cryptocurrency, but they’ve been among the biggest gainers across the whole U.S. market. In the universe of publicly traded U.S. businesses with a market value of at least $5 billion, the four bitcoin-tied stocks were among the eight best performers, according to FactSet. The crypto boom represents … Read more

Stock Markets Today: Federal Reserve Rates, Sunak Cuts, Bitcoin $40,000, Gold

Stock Markets Today: Federal Reserve Rates, Sunak Cuts, Bitcoin $40,000, Gold

Good morning. Jerome Powell fails to temper animal spirits in the bond market, Bill Gates says the Paris Agreement climate goals are probably beyond reach, and Bitcoin hits $40,000. Here’s what people are talking about. Bond traders are growing more confident the Federal Reserve has reached the peak of its rate-hiking cycle, even as central … Read more

‘Mark Your Calendars’—Bitcoin Rockets Past $40,000 As Date Reveals Huge $17 Trillion Bitcoin ETF Countdown Has Suddenly Begun, Heralding Ethereum, XRP And Crypto Price Chaos

‘Mark Your Calendars’—Bitcoin Rockets Past $40,000 As Date Reveals Huge $17 Trillion Bitcoin ETF Countdown Has Suddenly Begun, Heralding Ethereum, XRP And Crypto Price Chaos

12/04 update below. This post was originally published on December 2 BitcoinBTC has rocketed higher in recent weeks as hype builds around bitcoin’s “worst-kept secret.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year’s historical bitcoin halving! The bitcoin price has surged toward … Read more