Analyst warns MicroStrategy’s $500M Bitcoin buy could bring next 'bear market'
Michael Saylor’s plan to offer stocks in order to acquire more Bitcoin has not gone down well with the crypto community.
Oil Dips as Economic Gloom Undercuts Middle East Supply Risk
(Bloomberg) -- Oil slipped as broader market weakness and concerns about a global glut of crude overshadowed escalating tensions in the Middle East.Most Read from BloombergHow 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 Federal FundsA Malibu Model for Residents on the Fire FrontlinesWest Texas Intermediate fell 1% to settle below $67 a barrel, snapping
Fintech and Crypto Firms Seek Bank Charters Under Trump Administration: Reuters
Financial technology and crypto firms are increasingly applying for state or national bank charters, despite the community’s historical resistance to centralized banking.
Check Call: DHL looks at the global freight market
In this edition: What the “DHL Trade Atlas 2025” report forecasts, and the unofficial start to produce season has arrived. The post Check Call: DHL looks at the global freight market appeared first on FreightWaves.
Corning Stock Jumps as Specialty Glass Maker Raises Long-Term, Q1 Outlooks
Shares of Corning, a beneficiary of the artificial intelligence (AI) boom, rose about 1% Tuesday after the specialty glass maker raised its longer-term and first-quarter outlooks.
Choppy Trump policies, stocks drop has some rethinking retirement plans
(Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it.
Why Reddit (RDDT) Stock Is Nosediving
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%.
Robinhood (HOOD) Stock Trades Down, Here Is Why
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 7.1% in the morning session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%. This could be a bit of a letdown for the dovi
Apple stock rout shaves nearly $700 billion from market cap since record close
Apple stock has fallen roughly 18% from its record close in December, shedding more than $700 billion off of the iPhone maker’s market cap as investors scrutinize the company’s AI play.
Here's What Dip Buyers Bought Amid Last Week's Stock Sell-Off
Dip buyers came out in spades last week, according to client fund flow data from Bank of America.