Cryptocurrency News
2,421 articles
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins
MicroStrategy (MSTR) said Monday it purchased another 55,000 bitcoins (BTC-USD) last week for $5.4 billion as the world’s largest cryptocurrency was trading at all-time highs. Shares of the company were…
Billionaire Ray Dalio Sold Nvidia Stock. Should You Follow?
Investors get a peek into what hedge funds are doing with their money every quarter. The SEC requires institutional investors to file a 13F once they pass $100 million in…
Macy’s says employee hid up to $154 million in expenses, delays Q3 earnings
Macy’s reported weaker-than-expected preliminary sales for the fiscal third quarter and said it’s delaying the release of its quarterly earnings results after it discovered an up to $154 million accounting-related…
Volkswagen has taken major writedown on Northvolt stake, sources say
By Christina Amann BERLIN (Reuters) – Volkswagen, Northvolt’s top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the…
Tesla’s $350 billion stock surge driven by ‘animal spirits,’ UBS says
(Bloomberg) — Tesla Inc.’s (TSLA) post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in…
Money market account rates today, November 25, 2024 (earn up to 5.01% APY)
A money market account (MMA) can be an attractive option for savers who want a safe place to store their funds. MMAs often come with higher interest rates than regular…
Hedge funds bet against power and pile into materials, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds sold U.S. electric and water utilities stocks at the fastest pace in two months while buying U.S. materials stocks such as…
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
(Reuters) -President-elect Donald Trump’s nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published on…
Stocks, Bonds Rise as Traders Embrace Bessent: Markets Wrap
(Bloomberg) — Equities and Treasuries advanced, with traders welcoming Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice that would inject more stability into the US…
Gold Tumbles as Traders Turn Attention to the Fed’s Next Move
(Bloomberg) — Gold tumbled after surging by the most in 20 months last week, with traders ignoring a softer US dollar and shifting their attention to the Federal Reserve’s upcoming…
Bitcoin Price Levels to Watch as Key $100K Level Remains in Sight
Source: TradingView.com Bitcoin remains in focus to start the week as the cryptocurrency sits on the precipice of crossing the $100,000 mark for the first time. Since Donald Trump’s decisive…
Bond Market Halts Brutal Run as Buyers Pounce on 4.5% Yields
(Bloomberg) — The US bond market is finally showing signs of steadying after a two-month selloff, with investors starting to swoop in whenever yields test new peaks. Most Read from…
Dollar dips with Treasury yields after Bessent pick
By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond…
The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring
More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound…
Is Boeing a Millionaire-Maker Stock?
On the surface, Boeing (NYSE: BA) looks as though it has all the ingredients of a potential millionaire-maker investment. The aircraft market is growing, competition is minimal, and government contracts…
This Is the Best-Performing Vanguard ETF This Year. Will It Be a Winner in 2025?
2024 isn’t quite in the books, but it’s already been a banner year for stocks. Through Nov. 21, the S&P 500 is up 24.7% year to date, led by big…
Wall Street strategists nailing one of their more important forecasts for 2024
Last week, Wall Street began circulating their outlooks for the stock market in 2025. As TKer subscribers know, I’m not crazy about taking these price targets too seriously. Sure, I…
Morning Bid: US exceptionalism piles pressure on EM
Morning Bid: US exceptionalism piles pressure on EM Source Link
Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?
Super Micro Computer‘s stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting.…
Will Nvidia Reach $4 Trillion? 3 Reasons It Could Happen by the End of the Year.
Nvidia (NASDAQ: NVDA) did it again. The AI chip superstar delivered another round of smashing results, easily beating estimates in its third-quarter earnings report on Nov. 20. Are You Missing…
‘Should We Tap IRA For A House Or Use Monthly Distributions For The Mortgage?’
Retired Nebraska Couple Asks Ramsey Show Hosts: ‘Should We Tap IRA For A House Or Use Monthly Distributions For The Mortgage?’ Retired seniors in Nebraska recently posed a financial dilemma…
Saving and Spending for Retirement: Here’s What Fidelity Recommends
Older couple discussing how much to withdraw from their retirement savings One of the most important questions to answer as you plan your retirement is how much money you need.…
Is Super Micro Computer a Millionaire-Maker Stock?
When I think about stocks with millionaire-maker potential, I typically envision fast-growing companies with small valuations — two characteristics Super Micro Computer (NASDAQ: SMCI) has in spades. However, the data…
Why Warren Buffett Bought A $550 Million Stake In ‘Unbelievably Good’ Opportunities Domino’s And Pool Corp
Why Warren Buffett Bought A $550 Million Stake In ‘Unbelievably Good’ Opportunities Domino’s And Pool Corp Warren Buffett, the Oracle of Omaha, is at it again. He’s proved he knows…