Enlarge (credit: Aurich Lawson / Liesa Johannssen-Koppitz/Bloomberg via Getty Images) The price of bitcoin rose to a new record above $43,000 on Monday after Tesla reported that it had purchased $1.5 billion of the world’s most valuable cryptocurrency. In a regulatory filing, Tesla also announced that it expected to “begin accepting bitcoin as a form […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. The reflation trade is alive and well, with stimulus talks in the U.S. boosting global equities. That, and a flurry of M&A activity have put investors in a risk-on […]
Enlarge (credit: Aurich Lawson / Getty Images) Officials in Germany have seized a digital wallet believed to contain $60 million in bitcoins obtained by fraudulent online activity. The original owner of the wallet was convicted of installing bitcoin mining malware on peoples’ computers without permission and has served more than two years in prison. But […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Happy Friday, Bull Sheeters. It’s a risk-on day as investors seek to extend the weeklong rally. Broad-based gains in tech, autos and pharma are pushing global equities ever closer to an […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. U.S. futures are fairly flat, but there are plenty of green shoots. Europe’s energy stocks and crude prices continues to gain, as does Bitcoin. In the U.S., tech futures […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. U.S. futures are in the green on the back of strong results from Amazon and Alphabet’s Google yesterday. But, don’t look now: GameStop is up 11% in […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. As we’ve learned from the meme-stonks trade, what goes up, must also come down. Gulp. Not only is GameStop in a tailspin, but traders are quickly unwinding […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Let’s spin the roulette wheel, and see what the Reddit brigade is targeting today… Yep, it’s silver. You may have seen #Silversqueeze trending on Twitter this weekend. Well, this […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. It’s Friday. Let’s play a thought experiment: your we-the-people broker informs you: We’ve instituted a new rule: you cannot buy the hottest stocks on the market; you […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. With the exception of the dollar, the screens are a blur of red this morning. Bitcoin, crude, gold, global stocks, U.S. futures—they’re all faltering. Not even Reddit bulls can […]