Category: Articles

Coinbase Hit by Lawsuit Over Alleged Insider Trading

https://alaricsecurities.com/coinbase-hit-lawsuit-alleged-insider-trading/
Cryptocurrency exchange Coinbase has been hit by a class action lawsuit over alleged insider trading during its launch of bitcoin cash. According to a court document dated last Thursday, the case has been brought by ...

Gold Gains as Trade-War Risk Roils Markets, but on Track for Weekly Loss

https://alaricsecurities.com/gold-gains-trade-war-risk-roils-markets-track-weekly-loss/
Dollar knocked back from 6-week high, stocks in retreat Gold prices recovered on Friday as the threat of a global trade war pushed stocks and the dollar lower, sparking demand for assets such as precious ...

Stocks Rebound After GDP Data, but Indexes Set for First Monthly Decline of Past 11

https://alaricsecurities.com/stocks-rebound-gdp-data-indexes-set-first-monthly-decline-past-11/
Dow, S&P set to break 10-month winning streak U.S. stocks rose on Wednesday in a partial rebound from the previous session’s sharp decline, as solid data on economic growth was seen as underlining that the ...

These Stocks Still Look Good Even with the ‘End Game’ Coming

https://alaricsecurities.com/stocks-still-look-good-even-end-game-coming/
The short week and the Winter Olympics are winding down, but is it also the home stretch for the bull market? Wall Street veteran Ed Yardeni says it’s not curtains yet for stocks, as he ...

Dollar Strengthens Ahead of Fed Minutes

https://alaricsecurities.com/dollar-strengthens-ahead-fed-minutes/
The U.S. dollar remained on top for a third day in a row, in part helped by economic data that weighed on its rivals across the Atlantic, as U.S. traders are looking ahead to this ...

Stocks Flirt with 6-day Rally; Nasdaq Set for Best Week Since 2011

https://alaricsecurities.com/stocks-flirt-6-day-rally-nasdaq-set-best-week-since-2011/
U.S. stocks edged slightly higher on Friday, aiming for the best week in years following five straight daily gains. Investors watched for any signs of inflation in the economy, the threat of which sparked recent ...

Stock Market’s Wild Swings: It’s a ‘Trader’s Paradise’, Says Wall Street Legend

https://alaricsecurities.com/stock-markets-wild-swings-traders-paradise-says-wall-street-legend/
Wall Street traders are riding high amid increased volatility. Not everyone is yanking their hair out after a resurgence of once-dormant volatility. For one traders, whose lifeblood is unearthing profit from the vagaries of asset ...

Amazon to Launch Delivery Service that Competes with FedEx, UPS

https://alaricsecurities.com/amazon-launch-delivery-service-competes-fedex-ups/
The company is preparing to begin the offering in Los Angeles with its ‘third-party merchants’ and then roll it out more broadly Amazon.com Inc. is preparing to launch a delivery service for businesses, positioning it ...

Opinion: The Stock Market’s Plunge isn’t the Sound of a Bubble Bursting

https://alaricsecurities.com/opinion-stock-markets-plunge-isnt-sound-bubble-bursting/
Evidence shows the stock market hasn’t been in a bubble Whatever it is that’s bringing the stock market down sharply, it’s not the bursting of a bubble. That’s because the recent market — overheated and ...

Jeff Bezos’ Fortune Tops $120 billion as Amazon Shares Surge After Hours

https://alaricsecurities.com/jeff-bezos-fortune-tops-120-billion-amazon-shares-surge-hours/
Amazon CEO saw his wealth grow by $17.4 billion in January alone. Jeff Bezos got a little bit richer Thursday after Amazon.com Inc. shares soared in after-hours trading, sending his personal fortune above $120 billion. ...