Cryptocurrency News
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Trump’s presidency could help small-cap stocks soar in the coming years, Fundstrat’s Tom Lee says
Getty Images; Alyssa Powell/BI Small-cap stocks could be headed for big upside amid Trump’s second term, Tom Lee says. “I think small-caps could, over the next couple of years, outperform…
Tesla hits a $1 trillion market cap after the stock rallies 27% following Trump’s election win
ANGELA WEISS / AFP Tesla on Friday reached a trillion-dollar market valuation for the first time since April 2022. Its stock surged 27% following Donald Trump’s election win, boosting Elon…
Is Super Micro Computer Stock a Buy? 3 Things to Watch.
With shares down by 78% from an all-time high reached in March, Super Micro Computer (NASDAQ: SMCI) might be one of the first dominoes to fall as the artificial intelligence…
Bitcoin To $200,000, Ethereum To $10,000 And Crypto Market Cap To 4X By End Of 2025, Says Standard Chartered
Standard Chartered projects a fourfold increase in the digital assets market cap, reaching $10 trillion by the U.S. mid-term elections in late 2026. What Happened: According to a new note…
CEO Jensen Huang Just Delivered Fantastic News for Nvidia Investors
As the market eagerly awaits earnings from artificial intelligence (AI) powerhouse Nvidia (NASDAQ: NVDA), investors will be happy to hear that the company’s CEO, Jensen Huang, has announced a new…
Enphase Energy to lay off 17% of workforce, take up to $20 million in charges
(Reuters) -Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, it said on Friday, as the solar inverter maker streamlines operations amid slowing…
Tesla stock closes at highest level in over 2 years as Musk’s big Trump bet pays off
Tesla (TSLA) surged on Friday, capping a huge week for the EV maker as the stock hit its highest close in over two years. Optimism over CEO Elon Musk’s relationship…
Dow, S&P 500 cap best week of year with records as post-election rally rolls on
US stocks capped their best week of the year on Friday after the S&P 500 (^GSPC) briefly hit 6,000 in a market rally spurred by Donald Trump’s White House victory…
Listener Feels Guilty For Making $1.4 Million In A Year, Suze Orman Says ‘Do Not Insult Yourself Like This, You Deserve This’
In a recent Women & Money podcast episode, Suze Orman and her wife KT shared a heartfelt email from a listener named Anna. Anna’s message struck a chord as she…
Salesforce to Hire 1,000 People for AI Product Sales Push
(Bloomberg) — Salesforce Inc. plans to hire more than 1,000 workers to sell its new generative AI agent product. Most Read from Bloomberg The hiring surge is aimed at capitalizing…
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
AMSTERDAM (Reuters) – Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and move record label Universal Music Group away from Amsterdam, following…
S&P 500 Breaks 6,000 Points, Dow Soars Above 44,000, Small Caps Eye Strongest Week In 4 Years, Tesla Hits $1 Trillion: What’s Driving Markets Friday?
The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding…
Prospect Capital Plunges on First Dividend Cut Since 2017
(Bloomberg) — Shares of Prospect Capital Corp., a $7.6 billion publicly-traded private credit fund, tumbled more than 16% Friday after the firm cut its dividend for the first time in…
Icahn Enterprises Halves Dividend to Boost CVR Energy Stake
(Bloomberg) — Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Most Read from…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s (TSLA) market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return…
DJT stock climbs after Trump says he will not sell shares
Trump Media & Technology Group stock (DJT) leaped as much as 15% Friday and was briefly halted for volatility after Donald Trump said he would not sell his shares in…
S&P 500 eyes 6,000 mark as Wall Street heads for best week in a year
US stocks hovered near record highs on Friday, with the Nasdaq lagging as post-election euphoria ebbed and China’s latest stimulus plan fell flat. The S&P 500 (^GSPC) rose 0.3%, while…
Paramount posts another quarter of streaming profit, but linear TV and studio struggles pressure revenue
Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further improvement in its streaming business it gets ready to combine with Skydance Media. The media…
S&P 500, Nasdaq futures lose grip on records as Trump trade fizzles
US stocks struggled to hold near record highs on Friday, with the Nasdaq slipping as post-election euphoria ebbed and China’s latest stimulus plan fell flat. S&P 500 futures (ES=F) slipped…
Paramount earnings show another quarter of streaming profits but linear TV, studio struggles pressure revenue
Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further strength in streaming as it gets ready to combine with Skydance Media. The media giant…
Money market account rates today, November 8, 2024 (up to 5.00% APY return)
Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed…
Analysis-Is Goldilocks gone? Emerging markets face uncertain path under Trump
By Libby George LONDON (Reuters) – Investors hoping for a “Goldilocks” moment for emerging markets in 2025 following years of global interest rate hikes are grappling with significant uncertainty ahead…
Investors dial back ‘Trump Trades’ as policy questions remain
(Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff…
Analysis-How Asia’s markets could actually benefit from a Trump White House
By Tom Westbrook and Samuel Shen SINGAPORE (Reuters) – Asia and even China are shaping up as surprisingly resilient investment markets as Donald Trump returns to the White House, with…