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  • Feb 11, 2025

Crypto Custody Firm BitGo Said to Weigh IPO as Soon as This Year

(Bloomberg) -- BitGo Inc. is considering an initial public offering, according to people familiar with the matter, joining a flood of crypto companies anticipating more support for their plans from regulators.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Ag

  • Feb 11, 2025

Why Is Acushnet (GOLF) Stock Rocketing Higher Today

Shares of golf equipment and apparel company Acushnet (NYSE:GOLF) jumped 10% in the morning session after the S&P Dow Jones Indices announced that the company would be added to the S&P SmallCap 600 index before the opening of trading on Thursday, February 13, 2025. Being included in the index means that Acushnet will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock.

  • Feb 11, 2025

Why Intel (INTC) Stock Is Trading Up Today

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 8.7% in the morning session after Vice President JD Vance announced at the AI Action Summit in Paris that the US will provide regulatory measures to protect the country's artificial intelligence technologies from "theft and misuse."

  • Feb 11, 2025

Why Tesla (TSLA) Stock Is Falling Today

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.2% in the afternoon session after Chinese electric vehicle manufacturer, BYD, unveiled "DiPilot," an assisted driving system (like a smart co-pilot or an extra pair of eyes while driving) that will integrate AI features from DeepSeek (Chinese AI Startup). This move could be seen as a strategic challenge to Tesla, whose Full Self-Driving (FSD - assisted driving) software has yet to receive approval in China. The timing of the announcem

  • Feb 11, 2025

Powell Tells Congress Fed Still in No Rush to Lower Rates

(Bloomberg) -- Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Agin

  • Feb 11, 2025

SEC’s Peirce Says Agency Wants New Approach to Crypto Policy

(Bloomberg) -- US Securities and Exchange Commissioner Hester Peirce says the Wall Street watchdog is taking a close look at cases it has brought against crypto firms as it tries to strike a new tone on regulating digital assets. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt Marseille

  • Feb 11, 2025

Global Oil Glut Seen Expanding on Stronger Production Growth

(Bloomberg) -- The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t likely dent Russian output.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt Marse

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