• Mar 17, 2025

Xiaomi Stock Rally Before Earnings Outshines Analyst Forecasts

(Bloomberg) -- Xiaomi Corp.’s recent stock rally has been so strong that its price has surpassed analysts’ expectations, raising questions about how much further it can go as the company prepares to report earnings. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Fe

  • Mar 17, 2025

Canary Capital continues flurry of US crypto ETF filings with Sui proposal

Canary Capital Group, a digital assets investment firm, said on Monday that it is seeking the green light from regulators to launch an exchange-traded fund tied to the spot price of Sui, a cryptocurrency associated with Sui Network, a blockchain service provider. That brings Canary's list of cryptocurrency filings with the Securities and Exchange Commission to six, and again extends the roster of new ETF filings on a growing array of coins seeking regulatory approval submitted since the election of President Donald Trump last November.

  • Mar 17, 2025

1 Simple Lesson That Most Cryptocurrency Investors Learn the Hard Way

Hard knocks tend to teach lessons that don't get forgotten, in investing as well as in life. In cryptocurrency, there's one particular lesson that almost everyone learns the hard way at one point or another. Professional cryptocurrency investors typically consider themselves to be a daring lot, often believing that with their asset selection, they're investing in the "future of finance."

  • Mar 17, 2025

Trump nominates Federal Reserve Governor Bowman as vice chair for supervision

WASHINGTON (Reuters) -U.S. President Donald Trump nominated Federal Reserve Governor Michelle Bowman to the central bank's top regulatory post as vice chair for supervision where she is expected to oversee an agenda of relaxed rule-writing and bank oversight. A former community banker and frequent critic of overzealous bank regulation, Bowman would replace Michael Barr, who stepped down from the supervision post at the end of February to avert a potential legal dispute with the Trump administration. In a statement, Bowman thanked Trump for the nomination and said she would pursue "a pragmatic approach to supervision and regulation with a transparent and tailored bank regulatory framework that encourages innovation."