Peak

Stock Market

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.

“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,”…

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Stock Market

A ‘summer of pain’? The Nasdaq Composite could plunge 75% from peak, S&P 500 skid 45% from its top, warns Guggenheim’s Scott Minerd.

The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on…

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Streaming Media

Barry Knapp: We’ve reach peak inflation. Here’s why – CNN Video

Consumers and investors alike are both feeling the impact of inflation. Barry Knapp, managing partner and director of research at…

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Technology

Tencent misses estimates with ~$20.1B in Q1 revenue, up 0% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg: Tencent misses estimates with ~$20.1B in Q1 revenue, up 0% YoY, as net income dropped 51%…

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USA

Calf Canyon/Hermits Peak Fire becomes largest in New Mexico history at nearly 300,000 acres

The blaze, burning east of Santa Fe, is 27% contained with 2,015 personnel working to contain the fire, officials said…

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Australia

Melbourne weren’t really ‘the Storm’, but Penrith were at peak Panther. What did we see in Magic Round’s main event?

With every hour that ticked down to the hotly anticipated game between the table-topping Melbourne Storm and reigning premiers Penrith,…

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Australia

WA could reach new COVID peak of 25,000 cases next week: CHO

WA’s Chief Health Officer has declared the State’s daily COVID case numbers could reach 25,000 cases next week and flagged…

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Stock Market

As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’

The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen…

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Stock Market

Crypto plays slump in premarket trade after bitcoin falls to nearly half of its November peak

Crypto plays in the stock market tumbled in premarket trade after weekend trading left bitcoin BTCUSD, -4.76% trading at roughly…

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Stock Market

Bitcoin Falls to Half Its Peak in Risk-Off Trade

The price of Bitcoin fell 5.3% to $33,879 on Sunday afternoon and is now about half its all-time high. It…

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