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Wall Street veterans using old tricks in $3.1 trillion crypto jungle - Vimarsana News

Wall Street veterans using old tricks in $3.1 trillion crypto jungle

Advertisement Wall Street traders like Trey Griggs are finding a new lease on life in the $US2.4 trillion ($3.1 trillion) crypto Wild West. After two decades in energy trading, the 51-year-old was lured by a former Goldman Sachs colleague this February into a new world of market-making in digital currencies. Wall Street veterans are using old tricks to capitalise on inefficiencies in cryptocurrencies. Credit:AP Now he’s in fighting spirits - unleashing old-school finance tricks to exploit the industry’s rampant inefficiencies, volatility and downright weirdness. “All the fun that used t...

Stocks Wobble Ahead of Big Tech Earnings - Vimarsana News

Stocks Wobble Ahead of Big Tech Earnings

Provided by Dow Jones By Joe Wallace and Michael Wursthorn U.S. stocks hovered near record levels as investors sold shares of technology and communications stocks and Treasury yields climbed. The S&P 500 bounced around the flatline most of the trading session a day after setting its 24th closing record of the year. Tesla shares were among the broad index's biggest decliners after the electric car maker's latest quarterly report underwhelmed investors. Shares of other big tech companies that are due to report earnings, including Microsoft, Google parent Alp...

Stocks Slip Ahead of Big Tech Earnings - Vimarsana News

Stocks Slip Ahead of Big Tech Earnings

Provided by Dow Jones By Joe Wallace U.S. stocks pulled back slightly Tuesday as investors awaited earnings from more blue-chip companies and the start of the Federal Reserve's two-day policy meeting. Technology and communication stocks led major indexes lower a day after the S&P 500 and Nasdaq Composite closed at fresh records. Among the decliners was Tesla, which slid nearly 4% despite posting a record profit in the first quarter. Shares of Microsoft and Google parent Alphabet also traded in the red ahead of their earnings reports due after the closing bell. ...