The Latest Breaking News from Riot

September’s CPI data revealed that inflation is far from being eased despite the Fed’s aggressive interest rate hikes. This reinstates the view that the central bank will raise interest rates more aggressively later this year. Since the market is expected to remain under pressure on concerns over a recession, it…

After a record-breaking bull run last year, the crypto market has witnessed a massive sell-off on concerns over macroeconomic and geopolitical headwinds. Many experts expect the crypto market to witness further pressure, so it could be wise to avoid fundamentally weak crypto-exposed stocks Block (SQ), Coinbase Global (COIN), and Riot…

With inflation far from the Fed’s control and the job market's resilience, analysts believe the central bank will continue its aggressive interest rate hikes. With mounting recession fears and ongoing market volatility, we believe it could be wise to avoid fundamentally-weak stocks Block Inc. (SQ), Marathon Digital (MARA), and Riot…

Despite blockchain’s massive potential due to its decentralized nature and wide-ranging application, the macroeconomic headwinds have kept blockchain stocks under pressure along with other technology stocks. Furthermore, blockchain’s near-term prospects look bleak as cryptocurrency, its most popular use case, is witnessing significant declines amid regulation issues and increased skepticism. Hence,…

Several fundamentally-weak stocks have recently gained traction as the meme stock frenzy made a comeback earlier this year. However, with the stock market expected to remain under pressure due to the current macroeconomic uncertainties, we think Reddit stocks AMC Entertainment (AMC), Riot Blockchain (RIOT), and Zomedica (ZOM) are best avoided…

The Fed launched its third consecutive 75-bps rate hike on Wednesday, and further rate hikes could be on the horizon. As the Fed tries to tame the raging inflation, recession fears are rising. Given this backdrop, high-risk stocks Robinhood (HOOD), Norwegian Cruise Line (NCLH), Crocs (CROX), Dave & Buster's Entertainment…

Everyone is raving about blockchain technology due to its decentralized nature, wide application, and security. And companies working on this technology have thrived over the past several years. However, as macroeconomic concerns continue to affect the stock market, fundamentally weak blockchain stocks Block (SQ), Marathon Digital (MARA), and Riot Blockchain…

The stock and the crypto markets have been under pressure due to macroeconomic and geopolitical concerns. Crypto mining stock Riot Blockchain (RIOT) has fallen more than 65% year-to-date. With the crypto space expected to remain under pressure in the upcoming months, it could be wise to avoid the stock now.…

The major market indexes have been under pressure since the beginning of the year due to macroeconomic and geopolitical concerns. This has significantly benefitted short-sellers. However, since the market is expected to remain uncertain, it could be wise for investors looking to bottom fish to stay away from heavily shorted…

Cryptocurrency markets are expected to remain under pressure due to the impending rate hikes and regulations. Moreover, the market might witness more volatility with the Ether merger on the horizon. Hence, the blockchain stocks Block, Inc. (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT) might be avoided if you’re bearish…

Given a relatively tight labor market, another jumbo interest rate hike in September is very likely. The tech industry has been under pressure and might witness continued sell-off amid the rising interest rate environment. Therefore, fundamentally-weak tech stocks Snowflake (SNOW), Riot (RIOT), and American Virtual Cloud (AVCT) might be best…