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Vinamrata Chaturvedi

Vinamrata Chaturvedi

Quartz

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The Dow jumps 435 points because less job growth means more hope for interest rate cuts

The Dow Jones Industrial Average and other major stock indexes ended the week on a high note thanks to renewed hope for interest rate cuts later this...

yesterday 1

Quartz

Vinamrata Chaturvedi

Bitcoin gets back above $61,000 after Coinbase and Block drop blockbuster earnings

Crypto exchange Coinbase and Jack Dorsey’s Block reported blockbuster earnings reports on Thursday, sending Bitcoin’s price back above $61,000 on...

yesterday 3

Quartz

Vinamrata Chaturvedi

The Dow surges 500 points as a weaker jobs report raises hopes for interest rate cuts

The Dow Jones Industrial Average and other major stock indexes opened sharply higher on Friday morning as the U.S. saw weaker-than-expected jobs...

yesterday 10

Quartz

Vinamrata Chaturvedi

Peloton stock drops 10% as the CEO leaves and layoffs start

On Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the departure of CEO Barry McCarthy, who took the...

previous day 1

Quartz

Vinamrata Chaturvedi

The Dow jumps 350 points and the S&P 500 looks to break a losing streak as investors wait for Apple

U.S. stocks rose broadly Thursday afternoon, as investors awaited Apple’s quarterly earnings report after markets close and the monthly jobs report...

previous day 7

Quartz

Vinamrata Chaturvedi

Etsy stock plunges 15% amid growing competition with Shein and Temu

The stock of the online marketplace Etsy fell more than 15% on Thursday and was the worst performer on the S&P 500. Its latest earnings report showed...

previous day 1

Quartz

Vinamrata Chaturvedi

The Dow rises 220 points with all eyes on Apple earnings

The Dow Jones and other major stock indexes opened higher a day after the Fed confirmed that there won’t be any more interest rate hikes. The April...

previous day 7

Quartz

Vinamrata Chaturvedi

The Dow jumps 500 points as the Fed plans a new way to combat inflation. Here's what it is.

On Wednesday afternoon, the Dow Jones and other indexes spiked — not because the Fed left interest rates unchanged, but because there won’t be any...

wednesday 10

Quartz

Vinamrata Chaturvedi

‘Bitcoin Jesus’ got charged in a $50 million fraud for allegedly hiding how much Bitcoin he owns

Early crypto investor Roger Ver, a.k.a. ‘Bitcoin Jesus,’ has been charged with a tax fraud, with the Department of Justice saying he evaded nearly...

wednesday 10

Quartz

Vinamrata Chaturvedi

The Dow waits for the Fed and interest rates after earnings disappoint

The stock market opened flat on Wednesday morning as investors focused on the Federal Reserve’s interest rate decision, which is due in the...

wednesday 1

Quartz

Vinamrata Chaturvedi

Super Micro Computer stock is plunging despite big AI demand. Here's why

Shares of Super Micro Computer, which was added to the S&P 500 index in March, sank more than 13% Wednesday morning after the company missed...

wednesday 10

Quartz

Vinamrata Chaturvedi

Bitcoin has dropped all the way to $57,000 and is now in a bear market

Bitcoin has continued its April wipeout into May, falling almost all the way to $57,000 on Wednesday morning and technically entering into a bear...

wednesday 6

Quartz

Vinamrata Chaturvedi

The Dow drops 450 points as hopes for an interest rate cut fade

It was a rough day for the Dow and other indexes as hotter-than-expected labor data increased speculation that the Federal Reserve would not be...

30.04.2024 3

Quartz

Vinamrata Chaturvedi

Binance's founder has been sentenced to four months in prison for money laundering

Changpeng Zhao (also known as CZ) — the founder and former CEO of Binance, the world’s largest cryptocurrency exchange — has been sentenced to...

30.04.2024 4

Quartz

Vinamrata Chaturvedi

MicroStrategy stock plunges after it lost $53 million and plans to buy more Bitcoin

MicroStrategy reported a net loss of $53.1 million, or 3.09 a share, in its first-quarter earnings report but plans to buy more Bitcoin later in the...

30.04.2024 3

Quartz

Vinamrata Chaturvedi

The Dow drops 300 points before the Fed meets as inflation pressures rise

The Dow Jones Industrial Average and other U.S. stock indexes fell Tuesday morning after strong labor data increased speculation that the Federal...

30.04.2024 4

Quartz

Vinamrata Chaturvedi

Bitcoin falls to $61,000 as Hong Kong crypto ETFs fail to impress investors

Bitcoin continued to shed its value as Hong Kong’s Bitcoin and Ether ETFs failed to impress investors on their debut. Recently, six crypto-related...

30.04.2024 10

Quartz

Vinamrata Chaturvedi

The Dow takes a break as earnings season ramps up

U.S. stocks started the week on a quiet but positive note as a slew of companies prepare to release quarterly earnings. The list of companies...

29.04.2024 5

Quartz

Vinamrata Chaturvedi

The yen rebounded after hitting its lowest level in decades. What happened?

The Japanese yen is making headlines in the financial world. Read more...

29.04.2024 9

Quartz

Vinamrata Chaturvedi

Tesla stock boosts the market to start a busy week of Fed meetings and earnings

U.S. stocks started on a positive note Monday morning, following a roller-coaster ride last week that ended with the S&P 500 and the Nasdaq having...

29.04.2024 4

Quartz

Vinamrata Chaturvedi

Bitcoin falls below $63,000 as stagflation fears return

Bitcoin prices dropped below $63,000 on Monday morning as investors come to terms with the likelihood that the Federal Reserve won’t cut interest...

29.04.2024 10

Quartz

Vinamrata Chaturvedi

The Nasdaq and S&P 500 had their best week since November as Google joined the $2 trillion club

It was a strong day for all three major U.S. stock indexes after a big selloff the day before. Google parent Alphabet crossed the $2 trillion...

26.04.2024 5

Quartz

Vinamrata Chaturvedi

AI just powered Google to a $2 trillion market cap

Google parent Alphabet crossed the $2-trillion threshold for market capitalization on Friday, thanks to a stock surge powered partly by its work with...

26.04.2024 4

Quartz

Vinamrata Chaturvedi

A crypto company is suing the SEC for overreach in regulating Ether

Ethereum developer and the company behind crypto wallet MetaMask Consensys has filed a lawsuit in a Texas court alleging regulatory overreach by the...

26.04.2024 10

Quartz

Vinamrata Chaturvedi

The Nasdaq soars 300 points as Google and Microsoft earnings power stocks higher

The tech-heavy Nasdaq and other U.S. stock indexes breathed a sigh of relief on Friday morning after a big selloff the day before, thanks partly to...

26.04.2024 4

Quartz

Vinamrata Chaturvedi

Sam Altman's Worldcoin crypto is running out of 'orbs.' But what are orbs?

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman that has seen rapid growth, is now running low onorbs — the devices used for...

26.04.2024 30

Quartz

Vinamrata Chaturvedi

The Dow drops 300 points on low economic growth, high inflation, and weak tech earnings

The Dow Jones Industrial Average and other major U.S. stock indexes had recovered from earlier steep losses toward the end of the day Thursday, but...

25.04.2024 10

Quartz

Vinamrata Chaturvedi

Microsoft-backed Rubrik just soared 20% on its IPO day

Rubrik, a Microsoft-backed company that makes data management software, went public on Thursday and the stock quickly soared 20% . Under the ticker...

25.04.2024 4

Quartz

Vinamrata Chaturvedi

Bitcoin falls below $64,000 as Meta, Microsoft and Alphabet continue to drop

Bitcoin fell below $64,000 Thursday morning as tech stocks continued to decline. The flagship cryptocurrency was trading around $63,240 in...

25.04.2024 7

Quartz

Vinamrata Chaturvedi

Microsoft-backed Rubrik is going public today. Here's what you need to know.

Rubrik, a Microsoft-backed data management software company, is going public on the New York Stock Exchange on Thursday. Under the ticker symbol RBRK,...

25.04.2024 30

Quartz

Vinamrata Chaturvedi

The Dow plunges 650 points as tech earnings disappoint and the economy slows

Stocks started Thursday with heavy bleeding. The Dow Jones Industrial Average plunged more than 650 points after quarterly earnings reports from tech...

25.04.2024 20

Quartz

Vinamrata Chaturvedi

Meta stock plummets 15% because Mark Zuckerberg still spending and losing tons of money on the Metaverse

Meta stock plummeted more than 15% in pre-market trading on Thursday, even as the Facebook parent company reported better-than-anticipated sales in...

25.04.2024 10

Quartz

Vinamrata Chaturvedi

The Dow falls 70 points as a Tesla rally can't sustain the market

Investors had a mixed experience on Wednesday as Tesla’s rally couldn’t drive the stock market for long. The EV maker’s stock was among the best...

24.04.2024 20

Quartz

Vinamrata Chaturvedi

Tesla stock drives the S&P 500 and the Nasdaq higher — with Meta earnings up next

The S&P 500 and Nasdaq opened higher on Wednesday as Tesla shares rallied after its earnings report. The EV maker’s stock was among the best...

24.04.2024 20

Quartz

Vinamrata Chaturvedi

Dow closes strongly, eyes are on Tesla's report; Meta will release theirs tomorrow

Many companies reported positive earnings on Tuesday, helping the Dow rise over 200 points by the end of the day. General Motors stock jumped after...

23.04.2024 10

Quartz

Vinamrata Chaturvedi

Spotify stocks rallied to a new 52-week high

Spotify’s shares rose by over 15% after the company beat first-quarter estimates and provided strong guidance for the next quarter. Trading around...

23.04.2024 10

Quartz

Vinamrata Chaturvedi

The Dow jumps 200 points as GM rallies — with Tesla up next

After a strong performance on Monday, the Dow gained an additional 200 points on Tuesday as corporate earnings were underway. General Motors shares...

23.04.2024 10

Quartz

Vinamrata Chaturvedi

General Motors stock is rising on strong earnings and sales

Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The...

23.04.2024 20

Quartz

Vinamrata Chaturvedi

AI is the next frontier for Bitcoin mining

After successfully completing its “halving,”Bitcoin is sitting strongly at $66,000, and crypto stocks are in celebration mode.Read more...

23.04.2024 30

Quartz

Vinamrata Chaturvedi

The Dow surges 325 points as Big Tech recovers but Tesla sinks

The Dow Jones Industrial average surged more than 450 points on Monday afternoon — never mind Tesla’s still-bumpy ride after Elon Musk’s EV...

22.04.2024 20

Quartz

Vinamrata Chaturvedi

MicroStrategy, Coinbase, and other crypto stocks jump after the Bitcoin 'halving'

Cryptocurrency-related stocks surged on Monday afternoon after Bitcoin underwent a successful “halving” over the weekend. As of right now, Bitcoin...

22.04.2024 10

Quartz

Vinamrata Chaturvedi

Bitcoin is chilling at $66,000 after the 'halving'

Bitcoin has experienced a modest rise after its halving event, with the top cryptocurrency sitting stable at $66,000—a nearly 2% gain—on Monday...

22.04.2024 20

Quartz

Vinamrata Chaturvedi

The Dow jumps 125 points as Nvidia stock recovers but Tesla doesn't

The Dow Jones Industrial Average rose more than 125 points on Monday morning as AI chipmaker Nvidia bounced back from last week’s steep decline....

22.04.2024 10

Quartz

Vinamrata Chaturvedi

Grayscale plans to launch a spinoff Bitcoin ETF with lower fees

After experiencing over a month of outflow, Grayscale’s Bitcoin Trust ETF (NYSE: GBTC) is trying to save itself from further losses. Read more...

22.04.2024 8

Quartz

Vinamrata Chaturvedi

Paramount stock surged 13% because Sony and Apollo might buy the company

Paramount Global stock soared more than 13% on Friday, making it the day’s best performer on the S&P 500. The stock surged followed a Reuters report...

20.04.2024 7

Quartz

Vinamrata Chaturvedi

Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it

It was a bad day for artificial intelligence stocks on Friday. It started when Super Micro Computer saidit won’t pre-announce earnings and that it...

19.04.2024 4

Quartz

Vinamrata Chaturvedi

The Dow jumps 200 points but the Nasdaq plunges as markets stay jittery after Israel and Iran clash

The Dow Jones Industrial Average rebounded Friday as Israel and Iran appeared to step back from the brink of a larger confrontation following Israeli...

19.04.2024 6

Quartz

Vinamrata Chaturvedi

Bitcoin passes $65,000 on the big 'halving' day

After days of tumultuous trading, Bitcoin finally reached $65,000 Friday morning, thanks to its big halving event. The jump in Bitcoin price is a...

19.04.2024 10

Quartz

Vinamrata Chaturvedi

5 cryptocurrencies to watch as the big Bitcoin 'halving' begins

Bitcoin will go through it’s latest so-called “halving” event starting Friday. The halving will cut the current reward for mining new coins from...

18.04.2024 10

Quartz

Vinamrata Chaturvedi

Don't count on a big Bitcoin rally after the big 'halving' event, JPMorgan says

This year’s Bitcoin “halving” event will be different than past ones, as the top cryptocurrency might actually lose value in the aftermath...

18.04.2024 10

Quartz

Vinamrata Chaturvedi

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