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☆ The 'Buffett indicator' is a red flag for markets, but 'this is not a bubble,' says investing pro
▼ + stars: | 2024-04-09 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

The latest rumbling from the latter camp have pointed out that stocks look overvalued by the standards of none other than Warren Buffett. The so-called Buffett indicator compares the total market capitalization (share prices times outstanding shares) of all U.S. stocks with the quarterly output of the U.S. economy. Things are in normal territory if the total value of the Wilshire 5000 index (which measures the total market) is about on par with the latest quarterly GDP estimate. Stocks trading at about double the size of the economy is considered a major red flag. "If we're comparing a bubble to the late 90s and early 2000s, no this is not a bubble," she says.

Persons: Warren Buffett, they're, Liz Young, we're Organizations: Stocks Locations: U.S

☆ Premarket stocks: Warren Buffett’s favorite indicator is flashing red
▼ + stars: | 2024-03-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —The “Buffett Indicator” is flashing red. If the stock market is growing a lot faster than the economy, that could be a sign of a bubble. Yes, but: The so-called Buffett Indicator is not without flaw. By the closing bell, Trump Media ended at $57.99, up by a more modest 16% on the day. He said Trump Media is likely worth somewhere around $2 a share — nowhere near its closing stock price of $58.

Persons: Warren Buffett, Fortune Magazine “, Berkshire Hathaway, John Hussman, Hussman, Larry Summers, “, ”, Louis Navellier, Goldman Sachs, Navellier, doesn’t, Buffett, they’re, Jamie Dimon, Kevin Gordon, Charles Schwab, Elisabeth Buchwald, Donald Trump’s, CNN’s Matt Egan, Jay Ritter, Ritter Organizations: CNN Business, Bell, New York CNN, Fortune Magazine, Nvidia, Federal Reserve, Bloomberg, Navellier, Associates, “, JPMorgan, CNBC, CNN, Visa, Mastercard, Court, Eastern, of, National Retail Federation, Trading, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC Locations: New York, of New York

☆ Warren Buffett's favorite market gauge hit a 2-year high, signaling stocks are heavily overvalued and could crash
▼ + stars: | 2024-03-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWarren Buffett's favorite market gauge has surged to a two-year high of 184%, signaling stocks are overvalued and could suffer a devastating crash. Investors use it to compare the overall value of the stock market to the size of the national economy. It also relies on GDP, which excludes overseas income, whereas US stocks price in the value of companies' domestic and international operations. AdvertisementYet the metric's return to the lofty levels that preceded past market disasters is a clear red flag for some experts.

Persons: —, Warren, Buffett, yardstick, Buffett's yardstick, John Hussman, Paul Dietrich, Riley Wealth Organizations: Service, Business, Wilshire Indexes, Wilshire, Nvidia, Microsoft, Federal, Nasdaq, Hussman Investment Trust Locations: Wilshire, Berkshire

☆ I spent $150 on a 30-minute 'power nap' designed to improve my health
▼ + stars: | 2024-02-27 | by ( Molly O'Brien | ) www.businessinsider.com time to read: +4 min

Read previewI recently visited the Fairmont Century Plaza's 14,000-square-foot spa and well-being center in Los Angeles to experience a 30-minute "power nap" biohacking treatment. Put simply, biohacking is using methods from scientific fields like biology and neurology to enhance one's health and well-being. This power nap would involve making a series of incremental changes to my body that, according to the spa's site, could either help me feel more relaxed or more energized. I paid $150 for my 30-minute "power nap" session, which is also offered in increments of 60 and 90 minutes for an additional cost. AdvertisementThe spa felt relaxing and the treatment was, tooMolly O'BrienBefore my power nap, I felt tired and worn down.

Persons: —, Molly O'Brien, haven't Organizations: Service, Business, Beverly Locations: Los Angeles, LA

☆ Meet the ‘Granolas,’ Europe’s answer to the Magnificent 7 stocks
▼ + stars: | 2024-02-27 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The Magnificent 7 tech stocks have been a big part of the extraordinary US market rally. But there’s a rival group of companies powering European stocks to new heights with even better returns, by some measures. Dubbed the “Granolas,” those 11 companies accounted for 60% of the gains on Europe’s benchmark stock index over the past 12 months. They have even slightly outperformed the Magnificent 7 over a longer period, according to Goldman Sachs. Their standout performance has “raised the issue of concentration effects” in the region’s stock market, says Philip Lawlor, managing director of markets research at Wilshire Indexes.

Persons: London CNN —, Goldman Sachs, ASML, ” Goldman Sachs, Goldman Sachs, Guillaume Jaisson, Ozempic, ‘, Philip Lawlor, ” Lawlor Organizations: London CNN, GSK, Roche, Novartis, Novo Nordisk, L’Oréal, AstraZeneca, SAP, Sanofi, “, CNN, Danish, Wilshire Indexes, —, Deutsche Bank Locations: LVMH, Europe, France, Germany, Denmark, Switzerland, Netherlands, United Kingdom, United States

☆ Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook
▼ + stars: | 2024-02-16 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

The Dow Jones Industrial Average, S & P 500 and the Nasdaq Composite each snapped a five-week advance. On average, market strategists on Wall Street anticipate the S & P 500 will end the year at 4,936, according to a CNBC survey . The equal-weighted S & P 500 index is up just 1.7% in 2024, trailing far behind the market-cap weighted benchmark. Initial Claims (02/17) 9:45 a.m. PMI Composite preliminary (February) 9:45 a.m. S & P PMI Manufacturing preliminary (February) 9:45 a.m. S & P PMI Services preliminary (February) 10 a.m. Existing Homes Sales (January) Earnings: Booking Holdings , Live Nation Entertainment , Intuit , Edison International , Dominion Energy , Moderna , PG & E , Keurig Dr. Pepper Friday, February 23, 2024 Earnings: Warner Bros.

Persons: chipmaker, Ayako Yoshioka, Yoshioka, Jerome Powell, Josh Emanuel, everybody's, Emanuel, Russell, They're, Chris Chen, Chen, Dr, Pepper, Nick Wells, Kif Leswing Organizations: Nvidia, CNBC, Dow Jones, Nasdaq, Federal Reserve, Investor, Treasury, Wilshire Associates, American Association of, Insight Financial, Walmart, Home, Alto Networks, Diamondback Energy, Caesars Entertainment, Marathon, Devices, Chicago, PMI, Holdings, Nation Entertainment, Intuit, Edison International, Dominion Energy, Moderna, Warner Bros Locations: U.S, Santa Monica, Calif

☆ Investors need to be aware of the optimism priced into markets today, says Wilshire's Joshua Emanuel
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors need to be aware of the optimism priced into markets today, says Wilshire's Joshua EmanuelJoshua Emanuel, Wilshire CIO, joins 'Squawk on the Street' to discuss the firm's allocation into bonds, where the big risk is to market growth, and more.

Persons: Joshua Emanuel Joshua Emanuel Organizations: Wilshire CIO

☆ Banks are being rocked again as real estate losses mount
▼ + stars: | 2024-02-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

The regional lender set aside $552 million in the fourth quarter to absorb loan losses, up from $62 million in the previous quarter. The increase was driven partly by expected losses on a loan used to finance an office building, it said. ET as shares in NYCB, as well as other regional banks, suffered sharp losses. Much bigger players are girding themselves for losses linked to commercial real estate. Europe’s benchmark Stoxx Europe 600 Banks index, which tracks 42 big EU and UK banks, is up 23% since a low in late March.

Persons: Thomas Cangemi, Brendan McDermid, Julius Baer, Philipp Rickenbacher, Arnd Wiegmann, Reuters Philip Lawlor, ”, “, ” Lawlor, CNN’s Matt Egan Organizations: London CNN, Credit Suisse, New York Community Bancorp, New York Stock Exchange, Japan’s Aozora Bank, Federal Reserve, ”, CNN, Signa Group, Chrysler, Reuters, Deutsche Bank, Bank, Suisse —, UBS, Wilshire Indexes, KBW Locations: Europe, New York, Tokyo, Zurich, California, Republic, NYCB, Banc, Swiss, Austrian, Switzerland

Brad Falchuk remembers earning his first real writer's credit on the sci-fi series “Earth: Final Conflict” in 2001. This month, Falchuk debuted his first Murphy-less project, a dark comedy he co-created with newcomer Byron Wu, called “The Brothers Sun.” It's under his Brad Falchuk Teley-Vision banner. Falchuk also served as co-showrunner with Wu in an otherwise all-Asian writers room. Wu credits Falchuk for pushing him — and the other writers — to authenticate their writing. Falchuk and Wu landed Oscar winner Michelle Yeoh for the pivotal role of the mother, Eileen.

Persons: Brad Falchuk, Falchuk, ”, “ Nip, Tuck, Ryan Murphy, Murphy, Byron Wu, It's, Brad Falchuk Teley, Wu, ” Falchuk, —, “, Charles, Justin Chien, Bruce, Sam Song Li, Oscar, Michelle Yeoh, Eileen, Said Wu “, ‘ I’m, ” Yeoh, Yeoh, He’s, we’ve, ” Yeoh relishes, Jessica Lange, Angela Bassett, Sarah Paulson, Billy Porter, Evan Peters, Lea Michele, Darren Criss, Michaela Jaé Rodriguez, ‘, that’s Organizations: Beverly Wilshire Locations: Taipei, Los Angeles

Plenty of bond investors have been burned calling a bottom in a selloff that has taken Treasuries to the cusp of an unprecedented third straight year of losses. One potential near-term pitfall is Friday’s U.S. payrolls data, which could revive expectations of Fed hawkishness if they come in stronger than expected. The rise in Treasury yields has reached far beyond the bond market. The S&P 500 is down nearly 8% from its July high, as rising bond yields offer investment competition to equities while threatening to raise the cost of capital for companies. “The market is running with the idea that the Fed is done hiking, which they may or may not be,” he said.

Persons: Jerome Powell nodded, Bonds, ”, Jack McIntyre, “, ” McIntyre, Stanley Druckenmiller, Duquesne, Bond, Josh Emanuel, Powell, We've, Greg Wilensky, Janus Henderson, ” Wilensky, Noah Wise, Davide Barbuscia, David Randall, Ira Iosebashvili Organizations: Treasury, Federal, Fed, U.S . Treasury, Brandywine, Janus, Janus Henderson Investors, Allspring Global Investments, Thomson Locations: U.S, Wilshire

☆ Here's everything to expect from the Fed's policy announcement Wednesday
▼ + stars: | 2023-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

The Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything — just the way the market wants things for now. There's virtually no chance policymakers will make a move either way on interest rates. Inflation, while decelerating, is still too high, and the economy is growing at a solid pace despite the highest benchmark interest rates since the early part of the century. "My sense is that Powell is going to want to be very measured and careful about sounding too hawkish. "The last thing Powell wants to do here is make a mistake and come across as too hawkish, because the implication of that as you could see a risk-off environment.

Persons: —, Jerome Powell, Josh Emanuel, Powell, He's, You've, Emmanuel Organizations: Reserve, Federal, Market, Wilshire, Treasury

☆ Before the Fed decision, all eyes will be on this big Treasury debt announcement Wednesday
▼ + stars: | 2023-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Olivier Douliery | Afp | Getty ImagesAuctions of government debt, normally routine events for the Treasury Department, have suddenly become very important to financial markets. That's why an announcement Wednesday on refunding, entailing the size of auctions as well as the duration mix of the debt that will be issued, is expected to draw even more market interest. Indeed, the two entities are both pivotal in determining how the U.S. is going to manage its mammoth debt load. That symbiotic relationship will be on full display this week when the Treasury Department makes its refunding announcement Wednesday at 8:30 a.m. ET, and the Fed follows with its decision on interest rates that same day at 2 p.m.

Persons: Janet Yellen, Olivier Douliery, Josh Emanuel, Emanuel, Morgan Stanley, Stanley Druckenmiller, Druckenmiller, Alexander Hamilton, Paul Tudor Jones, she's, Dhingra, Thomas Simons Organizations: Treasury, Foreign Investment, United States, Treasury Department, Afp, Getty, Federal Reserve, Duquesne Capital, Robin Hood Foundation, Jefferies Locations: Washington ,, refunding, Wilshire, U.S

☆ A California teen hosted a bat mitzvah inspired by some of Gen Z's favorite brands — Glossier, Crumbl, and Starbucks. See inside.
▼ + stars: | 2023-10-28 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

A California teen hosted a bat mitzvah inspired by her favorite brands. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So it was natural that her bat mitzvah was inspired by her favorite makeup brand, Glossier. "We don't want anyone to say, 'Oh, it's another one of those,' because then you're just doing a conveyor-belt party," Lainer said.

Persons: —, Stella, Alexx, Regent Beverly, Lisa Friedman, Marisa Lainer, Friedman, Lainer Organizations: Staff, Service, Regent Beverly Wilshire, Soho House, LA Party Locations: California, Soho

☆ Wilshire Indexes CEO says he's always been 'long-term bullish' on China
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWilshire Indexes CEO says he's always been 'long-term bullish' on ChinaMark Makepeace, CEO of Wilshire Indexes, says China is the "second-biggest country represented in global benchmarks."

Persons: he's, China Mark Makepeace Organizations: Wilshire, Wilshire Indexes Locations: China

☆ The worst may be over for China, says former FTSE chief
▼ + stars: | 2023-10-17 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

China may continue to see some market volatility but the worst has passed, the former head of benchmark giant FTSE Russell said. "China has had success, and will become an important investment venue going forward, but in the short term, China does have some issues. Makepeace said he is bullish in the long term on China and Hong Kong markets and is confident that they will continue to grow. The country is expected to report third-quarter gross domestic product on Wednesday. Investors now await more economic readings as China is also set to report September retail sales on Wednesday.

Persons: Russell, We're, Mark Makepeace, CNBC's, Makepeace Organizations: Wilshire Indexes, Investors Locations: China, Hong Kong, China's

☆ A tennis center owner in Santa Monica changed his entire business to capitalize on the pickleball surge in America. It was a 'huge risk' but his revenue numbers have doubled and his court has never be
▼ + stars: | 2023-10-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +16 min

Former collegiate coach Jon Neeter bought a tennis center in Santa Monica, CA for $40,000 in 2010. He converted his single tennis court into four pickleball courts and business is booming. Plus, he liked the idea of his work being concentrated in one place, rather than scattered at various tennis courts all over LA. A standard pickleball court is 20 feet wide by 44 feet long, much smaller than a tennis court. Plus, he was unsure about how he was going to replicate the Santa Monica Tennis Center anywhere else in LA.

Persons: Jon Neeter, —, Neeter, Jon Arend, Arend, who's, he'd, Sam Querrey, didn't, I'd, they'd, He's, there's, he's Organizations: Service, beachy Santa, Santa, Duke University, Palisades Tennis Center, LA, Santa Monica Tennis Center, Santa Monica Pickleball Center, Neeter Locations: Santa Monica , CA, Wilshire, Los Angeles, LA, Santa Monica, New Jersey, California, West LA, Southern California, pickleball

Stocks - which have wobbled in August as rising bond yields threatened to dull the allure of equities - were little changed with the S&P 500 up 0.22%. REVIVING RECESSION WORRIESSome investors were worried that higher rates could weigh on growth and increase the chances of a recession next year. Such a scenario, in theory, would force the Fed to cut rates, pulling bond yields lower. But while risks remained that long-term bond yields could move higher, he was looking to extend the duration of his portfolio. Reporting by Davide Barbuscia and David Randall; Editing by Ira Iosebashvili and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, John Williams, Ann Saphir, Powell, ”, Cindy Beaulieu, Jackson, “ Powell, Anders Persson, Mike Sewell, Rowe Price, Josh Emanuel, Davide Barbuscia, David Randall, Ira Iosebashvili, Andrea Ricci Organizations: New York Fed, Kansas, Fed, REUTERS, Kansas City, Financial, Treasury, Investors, Futures, Thomson Locations: Jackson Hole , Wyoming, U.S

☆ Fact Check-Video shows park ride, not LA Metro flooding during Storm Hillary
▼ + stars: | 2023-08-21 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The video was shared with the caption, “The LA Metro Station on Wilshire/Vermont is flooding from the storm,” on Facebook (here), (here) and X, formerly known as Twitter (here). Footage showing the same scene from slightly different angles is also visible in YouTube videos referring to the Universal Studios ride “Earthquake: The Big One” (here). Photos shot in 2014 are visible on stock image website Alamy with the caption “Universal studios, simulation of an Earthquake on a stage set in the theme park,” (here) and (here). The Los Angeles County Metropolitan Transportation Authority (LACMTA) and Universal Studios Hollywood did not immediately respond to requests for comment. A video showing water gushing into an underground subway station shows a ride at Universal Studios Hollywood and not flash floods caused by Tropical Storm Hillary.

Persons: Storm Hillary, Tropical Storm Hilary, Gavin Newsom, Hillary, Read Organizations: Universal Studios, Los Angeles Metro, Metro, Facebook, Vermont Metro, Universal Studios Hollywood, LA Times, Los Angeles County Metropolitan Transportation Authority, Tropical, Reuters Locations: Hollywood, Wilshire / Vermont, Wilshire, Vermont, Los Angeles County, Los Angeles

☆ Fact Check-Video shows park ride, not LA Metro flooding during Storm Hilary
▼ + stars: | 2023-08-21 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Footage showing the same scene from slightly different angles is also visible in YouTube videos referring to the Universal Studios ride “Earthquake: The Big One” (here). Photos shot in 2014 are visible on stock image website Alamy with the caption “Universal studios, simulation of an Earthquake on a stage set in the theme park,” (here) and (here). The Los Angeles County Metropolitan Transportation Authority (LACMTA) and Universal Studios Hollywood did not immediately respond to requests for comment. The claim was shared after Tropical Storm Hilary unleashed flash floods in parts Los Angeles on Aug. 20, prompting Governor Gavin Newsom to declare a state of emergency in affected areas, Reuters reported (here). A video showing water gushing into an underground subway station shows a ride at Universal Studios Hollywood and not flash floods caused by Tropical Storm Hilary.

Persons: Storm Hilary, Tropical Storm Hilary, Gavin Newsom, “ Hilary ”, Hilary, Read Organizations: Universal Studios, Los Angeles Metro, Metro, Facebook, Vermont Metro, Universal Studios Hollywood, LA Times, Los Angeles County Metropolitan Transportation Authority, Tropical, Reuters Locations: Hollywood, Wilshire / Vermont, Wilshire, Vermont, Los Angeles County, Los Angeles

☆ Key themes to watch as A.I. enters real estate market
▼ + stars: | 2023-08-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKey themes to watch as A.I. enters real estate marketAdam Demuyakor, Wilshire Lane Capital founder and managing partner, joins 'Fast Money' to discuss the intersection of artificial intelligence and the real estate industry, and subindustries who will be affected.

Persons: Adam Demuyakor, subindustries Organizations: Wilshire Lane Capital Locations: Wilshire Lane

☆ We will soon see an uptick in repurposing commercial real estate: Wilshire Lane's Adam Demuyakor
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe will soon see an uptick in repurposing commercial real estate: Wilshire Lane's Adam DemuyakorAdam Demuyakor, Wilshire Lane Capital founder, joins 'Fast Money' to talk the use cases for A.I. in real estate, the repurposing of commercial real estate to data centers and more.

Persons: Adam Demuyakor Adam Demuyakor Organizations: Wilshire Lane Capital Locations: Wilshire Lane

There are multiple types of index funds, including:Broad market index funds: Index funds that try to track the overall performance of an entire asset class throughout the entire stock market. Fixed-income and debt index funds: Index funds that track bond indices for low expense ratios. International index funds: Index fund that invests funds in assets outside of the US. Sector-based index funds: Index funds that invest funds in a specific sector of the market, such as technology or even certain company services. Socially responsible index funds: Similar to sector-based index funds, socially responsible index funds invest specifically in companies that focus on environmental, social, and governance (ESG) services.

Persons: Warren Buffett, It's, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Service, Independence, US, Rutgers, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Wall, Silicon, Chevron

☆ Taylor Swift urged to postpone LA shows amid hotel strike
▼ + stars: | 2023-08-03 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

New York CNN —“Swifties” heading to Los Angeles to see Taylor Swift concerts this week may find a large number of staff at their hotels on strike when they get there. Some California politicians wrote to Swift this week urging her to cancel her shows in LA, which run from Thursday through August 9. The politicians said Swift’s shows would be money makers for the hotels they are battling. Irfan Khan/Los Angeles Times/Getty ImagesThe open letter addressed to Swift said, “We are writing in support of the hotel housekeepers across Los Angeles. “In Los Angeles, hotels are doubling and tripling what they charge because you are coming… but many workers cannot afford to live close to where they work.

Persons: Taylor Swift, Swift, Gov, Eleni Kounalakis, JW, Beverly Hilton, Seasons Regent Beverly Wilshire, Irfan Khan, “, – CNN’s Chris Isidore Organizations: New, New York CNN, SoFi, Westin LAX, Democrat, CNN, Ritz, Carlton, JW Marriott LA, Anaheim Hilton, Seasons Regent, Hyatt Regency LAX, Los Angeles Times Locations: New York, Los Angeles, LAX, California, LA, Southern California, Orange, Fairmont Miramar, Anaheim, Los Angeles , CA

LONDON, Aug 2 (Reuters) - The economic picture may not have to change much for the surprise element to disappear for markets - underlining the significance of this summer's sometimes grudging admissions of investment strategy missteps. SURPRISE, SURPRISEExceptional U.S. economic surprisesU.S. surprise gaps the widest in decades, excluding pandemicAlong with market moves themselves and skewed positioning monitors, the simplest take on the unpreparedness of investors can be seen in economic surprise indices. The global surprise index is close to zero, suggesting expectations for the world economy in aggregate are actually coming in on cue. And if that happens, it may just suck the oxygen from the stellar equity outperformance over bonds to date. If true, markets may find the going harder without that element of surprise.

Persons: What's, Schroders, Johanna Kyrklund, hasn't, Kyrklund, Chris Iggo, Mike Dolan Organizations: Federal, Nasdaq, Japan's Nikkei, U.S, Graphics, AXA IM Investment, Reuters, Twitter, Thomson Locations: Europe, Japan, China, U.S

Coinbase (COIN.O) and Binance.US, two of the largest crypto exchanges by market share among those operating in America, have lost ground this year. Bitstamp's global market share among exchanges operating in the U.S. has risen to about 9%. Coinbase and LMAX declined to comment on the data, while Binance.US - the American affiliate of the world's largest crypto exchange - didn't respond to a request for comment. It may not be that simple for hungry challengers to grab market share, according to market players. In years gone by, crypto exchanges could swiftly gobble up business by offering access to a swathe of coins.

Persons: Sam Bankman, FTX, Ravi Doshi, Guy Hirsch, Bobby Zagotta, Wade Guenther, Doshi, Hannah Lang, Michelle Price Organizations: U.S . Securities, Exchange Commission, SEC, LMAX, Genesis, Bitstamp, Reuters Graphics, Wilshire, Thomson, Reuters Locations: United States, America, Binance.US, U.S, Bitstamp USA, solana, Washington

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