The Latest Breaking News from Riot

Once again, recessionary concerns have been triggered by the jumbo rate hike the Fed dished out this week. Hence, fundamentally weak stocks Snap (SNAP), Coinbase Global (COIN), Peloton Interactive (PTON), and Riot Blockchain (RIOT) might be best avoided this year. Continue reading to find out why….

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name companies performed better than others since the pandemic bottom.

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…