Finance

Guillaume Payen | SOPA | LightRocket | Getty Images A smartphone displays the Bitcoin GBP market value on the stock exchange via the Yahoo Finance app.  A difficult week for bitcoin investors may get much worse, according to Renaissance Macro Research. The firm’s head of technical research, Jeff deGraaf, said …

The Turkish lira and benchmark sovereign bond hit a record low as the threat of U.S. sanctions added pressure to already ailing markets. The U.S. dollar rose to 5.4 against the lira on Monday before trading around 5.29 on Tuesday. Turkey’s 10-year bond fell to a record low on Tuesday, …

Companies that discuss President Donald Trump – either positively or negatively – are far more likely to get backlash for their brands than find support from customers. Criticizing the president leads 56 percent of Trump voters to have a much less favorable view of a company’s brand while just 32 …

Brendan McDermid | Reuters A banner for communications software provider Twilio hangs on the facade of the New York Stock Exchange to celebrate the company’s IPO in New York City, June 23, 2016. Check out the companies making headlines after the bell: Twilio stock rocketed 16 percent in after-hours trading. …

“The broader picture is what could happen to the economies, the bigger economic impact, and if we did go down that path of rapid escalation, that could affect Chinese economic growth which is currently on a path toward slowing,” global market strategist Peter Donisanu said on July 5. On Monday, …

Hayman Capital Management founder Kyle Bass said the U.S. has the upper hand during trade negotiations with China and doesn’t see the depreciation of China’s currency as problematic. “I think that we have the leverage here. China’s been fighting a trade war for the last 10 years; the U.S. has …

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw recommends a put calendar in Snap. Carter Worth and Mike Khouw like Disney. Dan Nathan recommends a call spread risk reversal in Advanced Micro. Trader disclosure: On August 3, 2018, the following stocks and …

Giulia Marchi | Bloomberg | Getty Images Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during an interview on the sidelines of the JP Morgan Global China Summit in Beijing, China, on Monday, June 5, 2017. J.P. Morgan Chase chief Jamie Dimon says people should prepare for …

Andrew Harrer | Bloomberg | Getty Images David Solomon, Goldman Sachs & Co. David Solomon, Goldman Sachs’ incoming CEO, is wasting no time getting his house in order. Solomon, who takes over for current CEO Lloyd Blankfein on October 1, named Jim Esposito global co-head of the firm’s trading division. …

Andrew Harrer | Bloomberg | Getty Images David Solomon, Goldman Sachs & Co. David Solomon, Goldman Sachs’ incoming CEO, is wasting no time getting his house in order. Solomon, who takes over for current CEO Lloyd Blankfein on Oct 1., will name Jim Esposito global co-head of the firm’s trading …