Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) fell 12.1% in the morning session after the company reported weak fourth-quarter 2024 results as it initiated full-year 2025 guidance which was less exciting. Guidance called for flat sales growth year-on-year and operating margins fell below expectations.
The original cryptocurrency is down 30% from January highs because of Trump’s tariffs and inflation fears.
(Bloomberg) -- An upstart ETF firm is debuting the first-ever funds tracking futures in Solana, the sixth-largest cryptocurrency, after the blockbuster success of Bitcoin products.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire FrontlinesFlorida-based Vo
US stocks rose slightly as investors braced themselves for the release of the Federal Reserve's next policy decision amid a volatile trading week.
US stocks rose slightly as investors braced themselves for the release of the Federal Reserve's next policy decision amid a volatile trading week.
President Donald Trump and his advisors have dismissed falling stock prices, saying they're more focused on the "real economy"—but falling stocks could undermine one of the main forces supporting job growth, economists say.
(Bloomberg) -- Michael Saylor’s Strategy is pulling just about every lever it can to pool cash to build on its mammoth Bitcoin stockpile, planning to sell another stock-like product with a twist: It can’t be converted into shares and is intended to trade forever.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire
Samson Mow says not everyone needs to hold their own Bitcoin keys, but in places with weak rule of law, self-custody is essential.
(Bloomberg) -- Turkish authorities detained President Recep Tayyip Erdogan’s top political rival on corruption charges, triggering a selloff in stocks and the lira. Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Scary Thing About the Wildfire That Was StoppedA Malibu Model for Residents on the Fire FrontlinesIstanbul Mayor Ekrem Imamoglu,
As the institutional demand for such products grows, several trends in adoption are becoming clearer.
