• Jan 28, 2025

Bitcoin Drop Fueled by Shakeup in AI Sector Casts Cloud Over Crypto Rally

(Bloomberg) -- An upheaval in global markets sparked by Chinese artificial intelligence startup DeepSeek triggered volatility in digital assets, raising fresh questions about the outlook for crypto following last year’s boom in prices.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over Wildfires

  • Jan 28, 2025

Polaris’s (NYSE:PII) Q4: Beats On Revenue But Stock Drops

Off-Road and powersports vehicle corporation Polaris (NYSE:PII) announced better-than-expected revenue in Q4 CY2024, but sales fell by 24.1% year on year to $1.76 billion. Its non-GAAP profit of $0.92 per share was 1.9% above analysts’ consensus estimates.

  • Jan 28, 2025

US bond investors seek safety amid uncertainty about Trump policies, Fed outlook

U.S. bond investors are gearing up for increased volatility and staying defensive in their portfolios amid uncertainty about the impact of the Trump administration's policies and signs that the Federal Reserve's interest rate cuts may be on a lengthy pause. Portfolio managers continued to shy away from the long end of the U.S. Treasuries curve - from 10-year notes to 30-year bonds - ahead of a Fed policy decision this week. Many investors have also remained neutral relative to their benchmarks because of the cloudier interest rate path in 2025.

  • Jan 28, 2025

Why Tech’s DeepSeek Slump Left Rest of Market Historically Unscathed

(Bloomberg) -- Several measures of stock market health suggest that Monday’s sudden slump was in fact mostly an isolated hit to the world’s biggest technology firms and AI-related shares.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Mon

  • Jan 28, 2025

Investors to Watch Powell’s Tone as Market Teeters

(Bloomberg) -- As the Federal Reserve’s two-day meeting begins, investors have accepted that the central bank probably won’t be cutting interest rates this time. But with the stock market at a tenuous point, what they’re looking for is any signal from Chairman Jerome Powell on which way inflation is going.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Ru