• Feb 24, 2025

Why Nvidia's earnings are important to the entire U.S. stock market

Sales of Nvidia's artificial intelligence chip Blackwell will be top of mind when the company releases its latest financial results Wednesday, with analysts eyeing future demand amid a Chinese upstart's claim that it can train competitive AI models using far fewer resources. Wall Street expects Nvidia to report fourth-quarter adjusted earnings of 85 cents per share on revenue of $38.08 billion, according to FactSet. The company’s net income is expected to reach $19.58 billion.

• Feb 24, 2025

4 charts show how Warren Buffett's Berkshire Hathaway piled up cash, dumped stocks, and made a record tax payment in 2024

Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.

• Feb 24, 2025

Blockware CEO says mining is the best way to ‘dollar-cost average’ Bitcoin

Blockware CEO Mason Jappa says Bitcoin mining is the best way to dollar-cost average into BTC, offering a hands-off approach for retail investors.

• Feb 24, 2025

Why Altcoins Were Having a Serious Case of the Mondays Today

The cryptocurrency market, rocked by a high-profile hack Friday morning, continued to be in hangover mode as the work week started. On Monday, a vast number of digital coins and tokens continued to lose value, some even at double-digit percentage rates. Leading altcoin Ethereum (CRYPTO: ETH) -- the token at the center of the hack -- had fallen nearly 8% in value from 4 p.m. ET in late afternoon trading.

• Feb 24, 2025

Fed needs more clarity before it can go back to cutting rates, says Goolsbee

"There's a lot of uncertainty, a lot of kind of dust in the air, and before the Fed can go back to cutting the rates, I feel and have expressed that we got to get a little dust out of the air," Goolsbee said in an interview on Chicago public TV station WTTW.

• Feb 24, 2025

Stock of the Day: Domino's Pizza slides 6% as US spending slowdown bites

The slowdown in US sales came as consumer sentiment weakened. Shares of the pizza chain tumbled after it reported Q4 earnings.

• Feb 24, 2025

Bank of Canada’s Deposit-Rate Cut Appears to Fix Repo Market Strains

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, the City Is Trying

• Feb 24, 2025

Robinhood says an SEC crypto investigation is over

Robinhood said the SEC ended an investigation into its crypto unit in what appears to be another move by the Trump administration to undo an aggressive approach to that industry.

• Feb 24, 2025

Australian regulator pushes market operator ASX on fee transparency, competition

Australia's corporate regulator said on Tuesday the country's stock market operator would be required to publish a comparison of clearing and settlement fees against foreign providers and justify any fee increases, in a bid to promote competition. The Australian Securities and Investments Commission (ASIC) said ASX, responsible for some A$5 billion ($3.2 billion) of trades a day, must ensure its clearing and settlement services were offered in a transparent and non-discriminatory way. "This is about limiting ASX's ability to misuse its monopoly power to deter new entrants," ASIC Chair Joe Longo said in a statement.

• Feb 24, 2025

Bitcoin could ‘definitely surpass’ gold’s market cap by the end of 2025, says Bitget CEO

Bitcoin’s market cap stands at $1.87 trillion, while gold's market cap is approximately $19.9 trillion. For BTC to match gold, it would need to increase by around 965%, or 10.65x its current value.