Our “Fast Money” traders have been unveiling their top picks for 2023 as acronyms and now it’s your turn to decide who has the best one.
FTX says $415 million of crypto was hacked
FTX management updated its estimated asset recoveries to $5.5 billion, and offered a new breakdown of over $400 million worth of missing assets.
Gen Z is driving luxury sales as wealthy shoppers get younger
Analysts and luxury executives say the appeal of luxury brands to ever-younger consumers is tied to a surge in wealth creation over the past few years, along with social media.
Fed directs big banks to disclose how they are preparing for climate change risks
The institutions are to show the impact that climate could have on their loan portfolios and commercial real estate holdings.
Bitcoin has now recovered all its losses since FTX collapsed
Bitcoin’s rally has propelled it to fresh highs, as it fully recovers from the losses incurred in FTX’s collapse even as the crypto industry braces for tumult.
Stocks making the biggest moves midday: Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
These are the stocks posting the largest moves in midday trading.
There’s still time to avoid a penalty for fourth-quarter estimated taxes — but the clock is ticking
There’s still time to avoid a penalty if you didn’t pay enough taxes in 2022. The deadline for fourth-quarter estimated tax payments is Jan. 17.
Jim Cramer’s Investing Club meeting Tuesday: Wells Fargo, trades, Emerson Electric
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
Morgan Stanley CEO Gorman says he’s confident deal activity will return once the Fed pauses
Morgan Stanley CEO James Gorman said deal-making activity will return as soon as the Federal Reserve stops hiking interest rates.
This isn’t a bull market yet, but it’s starting to look like one
Stocks were down 20% last year on fears of an imminent downturn in earnings for 2023. But it’s a very different January: the S&P 500 is up 4%.