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3 drivers of the stock market’s bull rally are hitting extremes and point to lower returns ahead, economist says
Adobe Firefly, Tyler Le/BI Stock market gains will slow as key drivers like valuations and rates hit extremes, David Rosenberg said. He said operating earnings would need to surge to…
Is Gensler Resigning: SEC Chair’s Cryptic Remarks Ignite Exit Speculation
SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’…
Billionaire Investor Trims Alibaba After Saying Buy ‘Everything’ China
(Bloomberg) — Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding Ltd.…
MoneraCap.com Reviews | Breaking Boundaries in Online Trading
In the crowded and competitive landscape of online trading, where countless platforms blend into each other with similar features and promises, MoneraCap.io has quickly distinguished itself as a game-changer. This…
Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin
The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for…
dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing
A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme…
Indexes mixed as traders digest wholesale inflation and await Powell’s remarks
Fed Chair Jerome PowellBonnie Cash/Getty Images Indexes wavered Thursday as traders received wholesale inflation data. The producer price index showed prices rising 0.2% last month as expected. Markets will be…
Crypto spy jailed for life in China, YouTuber accused of $230M fraud: Asia Express
Life sentence for Chinese official in crypto espionage case A former Chinese government employee, identified as Wang Moumou (a placeholder name that translates to “so-and-so” used in China to anonymize…
Buffett’s Berkshire Buys Stakes in Domino’s and Pool Corp.
(Bloomberg) — Berkshire Hathaway Inc. bought stock in Domino’s Pizza Inc. and Pool Corp. during the third quarter as Chairman Warren Buffett cut back on some long-held investments. Shares of…
18 States Sue SEC, Gensler, Commissioners in Unprecedented Crypto Regulation Battle
Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue…
Applied Materials forecasts quarterly revenue below estimates on weak demand
(Reuters) – Applied Materials (AMAT) forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares…
Vaneck’s Matthew Sigel Sets Bitcoin Target at $180,000
Matthew Sigel, head of digital assets research at Vaneck, projects a significant upward trajectory for bitcoin, setting a target price of $180,000. Bitcoin Could Reach $180,000 by Next Year, Says…
Dow, S&P 500, Nasdaq slide as Powell says Fed in no ‘hurry’ on rate cuts
US stocks slid on Thursday as the post-election rally stalled further and investors assessed remarks from Federal Reserve Chair Jerome Powell, who said in a speech that the central bank…
Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.…
Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments
Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak,…
World Lands in Brazil: Launching Biometric Operations in São Paulo
World, the biometric proof-of-humanness-based project, has finally landed in Brazil and is expected to start operating in the country this week. According to local media, World will initially commence operations…
Crypto Markets Explode to Over $3,000,000,000,000 Following Trump Presidential Victory
The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win. According to data from crypto data aggregator CoinGecko, crypto’s total market cap now…
Disney stock jumps as earnings, streaming profit, and guidance top estimates
Disney stock (DIS) popped on Thursday after the company reported fiscal fourth quarter earnings per share and revenue that topped Wall Street estimates and its direct-to-consumer business built on recent…
Report: Polymarket Under DOJ Probe After Explosive Bets on Trump-Harris Election
A Bloomberg report suggests that the prediction market Polymarket has caught the eye of the U.S. Department of Justice (DOJ), potentially facing a probe. ‘In the Face of Adversity, We…
Crypto YouTuber Among Those Arrested for Allegedly Running $231,000,000 Fraud in Korea: Report
South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a…
From Code to Riches: Satoshi Nakamoto Joins the World’s Billionaire Titans as 17th Richest
With bitcoin sitting comfortably at all-time highs, Satoshi Nakamoto, the elusive creator of the blockchain, now ranks between the 17th and 18th wealthiest entities worldwide, according to the Forbes Real-Time…
Why Nu Holdings Stock Is Plummeting Today
Nu Holdings‘ (NYSE: NU) stock is sinking in Thursday’s trading following the company’s third-quarter release. The Brazil-based fintech‘s share price was down 7.9% as of 12:15 p.m. ET. Nu published…
Dow, S&P 500, Nasdaq slip with Powell speech, Trump-led sweep in focus
US stocks were little changed on Thursday as investors waited for a Jerome Powell speech to set the tone for interest rate cuts and assessed the impact of a Republican…
Why Rivian Stock Dropped Thursday
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV)…