Bitcoin BTCUSD –0.53%  and other cryptocurrencies took a breather on Monday after a spectacular, multi-day rally that has carried digital assets back to levels not seen since the collapse of crypto exchange FTX caused a sharp selloff two months ago.

The price of Bitcoin was up less than 1% over the past 24 hours to above $20,800. The largest crypto has soared in recent days, rising from below $17,500 less than a week ago to peaks above $21,000 in recent trading. This pop higher represents a resurgence following two months of subdued activity in the aftermath of FTX’s collapse, with Bitcoin hitting a two-year low around $15,500 in the depths of the market selloff.

promotion image
  • MARKETS
  • BARRON'S TAKE

7 Stocks for a ‘Hard Landing’ Recession, According to Goldman

Jan. 18, 2023 1:00 am ET
  • Order Reprints
  • Print Article

The Federal Reserve’s interest-rate hikes could drive the economy into a deep recession. Certain stocks, though, could still post solid gains should that come to pass.

Fear of such a hard landing is injecting fear in markets right now.

  • TECHNOLOGY

Apple Launches New MacBooks and Minis, Updates M2 Processors

Jan. 17, 2023 10:36 am ET
  • Order Reprints
  • Print Article

Apple AAPL +0.88%  unveiled additions to both its MacBook Pro and Mac Mini lineups, along with more powerful versions of its M2 chip.

Updates to the Mac lineup generally don’t move the needle for Apple shareholders, but the announcements are the first in what is expected to be a busy year of product launches for the company. The updates were disclosed in a series of news releases, rather than in the kind of live or virtual event Apple hosts for larger product news.

 
  • CONSUMER

Masco and 5 Other Stocks for a ‘Soft Landing’ from the Federal Reserve

Jan. 18, 2023 12:30 am ET
  • Order Reprints
  • Print Article

Despite all the worries about a downturn, there is still a chance the Federal Reserve can achieve a “soft landing” for the economy—and that could benefit a select group of stocks. 

A soft landing means that the Fed manages to squelch inflation by lifting interest rates, but without putting the economy into a deep recession. Higher rates are designed to reduce economic demand so the rate of inflation can decline.

 
  • RETAIL

Wendy’s Isn’t for Sale, but Its Stock Is Still Worth Buying

Jan. 17, 2023 11:28 am ET
  • Order Reprints
  • Print Article

A Wendy’s WEN –1.13%  acquisition is likely off the table following the fast food firm’s latest update, but it still left plenty for bulls to chew on.

Wendy’s (ticker: WEN) closed up 6% on Friday after it preannounced robust fourth-quarter results, along with a new capital allocation strategy that doubles its dividend and an organizational restructuring. That put the stock’s gain at 5.3% since Barron’s recommended it in March 2022; the S&P 500 lost 10.3% over the same period.