December 14, 2022 - Prices Inn

2 Minutes

Business

Investors bolting from the market after hawkish Fed speech are being too hasty, Jim Cramer says

News December 14, 2022

CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people...

3 Minutes

Business

Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand

News December 14, 2022

Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts’ estimates. It forecast a 15%...

1 Minute

Bitcoin

Crypto Markets Today: US Regulation Heats Up; Bitcoin Rises, Then Falls

News December 14, 2022

Ether (ETH): The second-largest cryptocurrency by market cap after bitcoin similarly followed BTC’s trajectory, sliding around 1% to $1,310 as of publication time. Earlier in the day, PayPal and MetaMask announced the payments company...

0 Minutes

Bitcoin

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

News December 14, 2022

In addition to the guidance cut, CleanSpark said that its fourth-quarter revenue rose 235% compared to the same period last year. Meanwhile, its net loss widened by 683% year over year, mainly due to...

4 Minutes

Bitcoin

Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K

News December 14, 2022

On Dec. 14, Bitcoin (BTC) broke above $18,000 for the first time in 34 days, marking a 16.5% gain from the $15,500 low on Nov. 21. The move followed a 3% gain in the...

2 Minutes

Business

Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million

News December 14, 2022

Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Satellite...

6 Minutes

Business

Fed interest rate hike sends business loans to steepest cost since 2007, breaking 10% sticker shock level

News December 14, 2022

With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit...

3 Minutes

Bitcoin

Here is why Bitcoin price gave back all its intraday gains

News December 14, 2022

On Dec. 14, Bitcoin (BTC) price hit a 1-month high and saw a brief resurgence in bullish momentum, but the Federal Reserve’s Federal Open Market Committee (FOMC) hawkish report and comments from Fed chair...

3 Minutes

Ethereum

Ethereum’s Diverse Ecosystem — How Has It Changed In 2022? | Bitcoinist.com

News December 14, 2022

Data shows some shifts have taken place in the Ethereum ecosystem this year. Here’s how the shares of some popular transaction types have changed on the network in 2022. Both DeFi And NFTs Have...

6 Minutes

Bitcoin

Why is the crypto market up today?

News December 14, 2022

The crypto market is up today and Bitcoin (BTC), Ether (ETH) and numerous altcoins rallied ahead of United States Federal Reserve Chairman Jerome Powell’s speech. At the moment, investors are anticipating that December could...