Elon Musk and Bill Ackman are pulling out of Delaware. Now the state is scrambling to protect its $2 billion legal economy
Big names like Tesla and Dropbox have already left and Meta is looking to do the same.
Big names like Tesla and Dropbox have already left and Meta is looking to do the same.
(Bloomberg) -- The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThat’s according to the trading desk at JPMorgan Chase & Co. Market Intelligen
World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance." WLF said in a statement posted on X on Tuesday that its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve. It also said it would seek strategic partnerships with financial institutions to contribute tokenized assets to the WLF reserve.
(Bloomberg) -- Investors can rely on one crucial day of the week to deliver strong dip-buying opportunities for the S&P 500 Index thus far in 2025: Wednesdays.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperTraders lately have been selling first and asking questions later to lock in gains ahead of the weekend as stocks zig-
Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates anytime soon. U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. "It's now calling into question not only whether or not the Fed will cut in the second half of this year ... but now it puts on the table potentially the next move even being one to the upside for rates," said Alex Coffey, senior trading strategist at Charles Schwab.
Brian Quintenz was previously appointed to the Commodity Futures Trading Commission by two presidents. In the private sector, he’s spent two years as head of crypto policy for investor a16z.
If you're thinking about investing in Ethereum (CRYPTO: ETH), you're probably a bit confused right now. Despite all the pro-crypto sentiment surrounding the Trump administration, Ethereum is down 27% year to date (as of Feb. 11). Wall Street investment firm VanEck, for example, still thinks that Ethereum could soar in price to $7,334 by the year 2030.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the online marketplace industry, including eHealth (NASDAQ:EHTH) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the online marketplace stocks, including ACV Auctions (NASDAQ:ACVA) and its peers.
HIVE Digital Technologies posted $29.2 million in revenue for Q3 FY2025, with Bitcoin holdings surging 263% year-over-year to 2,805 BTC.