Industry News

Bitcoin at $100,000? Insiders say the cryptocurrency could test new highs this year

The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.

Source: Top News and Analysis (pro) | 22 Mar 2023 | 10:02 pm

Morgan Stanley just upgraded a global energy stock it says has 'significant' potential for growth

Morgan Stanley likes the major European energy firm's "clear and ambitious strategy" and says it has one of the strongest balance sheets in the industry.

Source: Top News and Analysis (pro) | 22 Mar 2023 | 8:19 pm

This e-commerce stock has a whopping 300% upside, according to Morgan Stanley

E-commerce growth is back, and Morgan Stanley has several stock picks for investors to cash in, including a less obvious name.

Source: Top News and Analysis (pro) | 22 Mar 2023 | 8:19 pm

Cruise robotaxis blocked a road in San Francisco after a storm downed trees and wires

A witness told CNBC the driverless Cruise vehicles did not appear to detect and avoid the caution tape and bus wires, and instead became "tangled in them."

Source: Top News and Analysis (pro) | 22 Mar 2023 | 7:58 pm

The slumped housing market reaches a critical juncture

The new construction market is thawing—just look at builder cancellation rates.

Source: Fortune | FORTUNE | 22 Mar 2023 | 6:48 pm

The Rock reportedly bent DC Studios to his will and ultimately got himself and Henry Cavill fired while tanking the next superhero movie at the box office

Dwayne Johnson, who played the supervillain Black Adam in DC Studios' 2022 movie, reportedly didn't want to appear on a post-credits scene in Shazam 2.

Source: Fortune | FORTUNE | 22 Mar 2023 | 6:00 pm

A.I. means everyone gets a 'white-collar' personal assistant, Bill Gates says

A.I. in the workplace could make life a lot easier for many employees, but growing pains may be inevitable.

Source: Fortune | FORTUNE | 22 Mar 2023 | 5:42 pm

SEC moves to sue Coinbase over asset listings and staking, company sees ‘retaliation’

The agency issued a Wells Notice alleging securities law violations. Coinbase says it will go to court.

Source: Fortune | FORTUNE | 22 Mar 2023 | 5:30 pm

Coinbase warned by SEC of potential securities charges

The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.

Source: Top News and Analysis (pro) | 22 Mar 2023 | 5:28 pm

Markets saw a dovish Fed hike but Powell's warning on credit conditions spooked investors

Fed Chairman Jerome Powell said financial conditions could be tighter than they seem, indicating to some market pros that rate hikes could be coming to an end.

Source: Top News and Analysis (pro) | 22 Mar 2023 | 5:12 pm

Justin Sun and Lindsay Lohan among group charged by SEC with illegally shilling crypto

The charges are yet another chapter in the SEC's months-long post-FTX crypto crackdown.

Source: Fortune | FORTUNE | 22 Mar 2023 | 5:06 pm

Moderna's CEO defends the decision to more than quadruple the price of the COVID vaccine and charge around $130 in Senate hearing

Pfizer also has said it will charge $110 to $130 for a dose of its COVID-19 vaccine.

Source: Fortune | FORTUNE | 22 Mar 2023 | 4:58 pm

Bitcoin teeters near $27,000 as Fed raises interest rates and Powell says cuts unlikely in 2023

The cryptocurrency jumped above $28,000 earlier this week.

Source: Fortune | FORTUNE | 22 Mar 2023 | 4:34 pm

Gov. Ron DeSantis is expanding Florida's controversial 'Don't Say Gay' law beyond elementary school to include all grades

The initial law that DeSantis championed last spring bans those lessons in kindergarten through the third grade.

Source: Fortune | FORTUNE | 22 Mar 2023 | 4:33 pm