Cryptocurrency News
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These 5 billionaires were the biggest net-worth winners today as stocks surged
ANGELA WEISS/AFP The world’s richest people saw huge wealth gains as stocks rallied after the election on Wednesday. The biggest gainers include Elon Musk, Larry Ellison, and Warren Buffett. Stocks…
There’s a big warning sign for consumers flashing as stocks surge
iStock; BI Bond yields surged after Trump’s reelection, which could impact the rate consumer borrowers get on loans. The 10-year Treasury yield rose 18 basis points, and the 30-year bond…
3 post-election reasons why stocks will rise into year-end, Goldman says
Getty Images; Jenny Chang-Rodriguez/BI The S&P 500 can add to record highs through year-end with Trump headed to the White House, Goldman says. The end of political uncertainty will bring…
Asian shares retreat after Trump’s victory as focus turns to the Fed
Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and…
Nvidia Stock Prices to Watch as AI Darling Becomes World’s Most Valuable Company
Nvidia this week surged into the top position among the world’s most valuable companies by market capitalization, surpassing Apple. The stock has traded mostly sideways to higher on low trading…
Eli Lilly Posts a Huge Earnings Miss. Should Investors Be Worried?
If you’re investing in a stock with a high valuation, you know that expectations are going to be high when it’s time for the company to report earnings. Any miss…
Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink
(Reuters) – Wolfspeed forecast quarterly revenue below estimates on Wednesday and said it would book $174 million in restructuring charges for the planned closure of a facility, as the chipmaker…
SolarEdge Drops More Than 20% as Writedown, Forecast Disappoint
(Bloomberg) — SolarEdge Technologies Inc.’s shares plunged more than 20% after the solar-equipment maker took a $1 billion writedown and warned margins for the current quarter will be non-existent or…
DJT stock jumps after Trump clinches election win
Trump Media & Technology Group stock (DJT) surged as much as 25% on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares pared gains throughout…
Elf Beauty lifts annual forecasts on resilient cosmetics demand; shares up
By Anuja Bharat Mistry (Reuters) – Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and…
US Bond Yields Surge as Trump Win Stokes Inflation Expectations
(Bloomberg) — Treasury yields surged as investors piled back into bets that Donald Trump’s return to the White House will boost inflation. Most Read from Bloomberg The US government bond…
Why Home Depot Stock Was Sliding Today
Shares of Home Depot (NYSE: HD) were pulling back today even though there was no company-specific news out on the stock. Instead, investors in the home improvement retailer were reacting…
Suze Orman Says If You’re Rich ‘Like Her’ Then You Can Retire Early – But If You Only Have $2 Million Saved: ‘You’ll Burn Up Alive’
The Financial Independence Retire Early (FIRE) movement has captured attention across generations. It promises a life where financial independence allows you to retire early and focus on what you love.…
Why Is Iron Mountain Stock Plunging On Wednesday?
Iron Mountain Inc. (NYSE: IRM) reported third-quarter financial results Wednesday before the bell, following which the stock price declined. Here are the key metrics from the quarter. Q3 Earnings Details: The company reported that the third…
Why First Solar, Sunnova Energy, and Plug Power Stocks All Crashed Today
The U.S. voted to return Donald Trump to the White House Tuesday night, and the effects are making themselves felt across the stock market Wednesday morning. While not all votes…
DJT stock surges in early trading as Trump clinches election win
Trump Media & Technology Group stock (DJT) surged as much as 25% in early trading on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares…
‘This should aid all banks’
US bank stocks rallied following a decisive win by President-elect Donald Trump, a sign that big Wall Street financial institutions expect to have an easier time in Washington under a…
Trump Resurgence Sinks Emerging Markets From Mexico to China
(Bloomberg) — Emerging markets were hit hard by the resurgence of the “Trump trade” Wednesday as the dollar and US yields soared following Donald Trump’s election. Most Read from Bloomberg…
From Dollar to Stocks, Trump Trade Erupts Across Markets
(Bloomberg) — Donald Trump quickly put his stamp on financial markets as his victory in the US presidential election propelled “Trump Trade” plays across assets. Most Read from Bloomberg US…
Bets on ‘Trump 2.0’ winners and losers whip up markets
By Amanda Cooper LONDON (Reuters) – Donald Trump’s rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting…
Pound slumps and stocks surge as Trump heads for the White House
The pound dropped at its sharpest pace against the dollar in nearly two years and stocks have jumped after Donald Trump said he had won a “magnificent victory for the…
Chinese Markets Rattled as Trump’s Return Stokes Tariff Fears
(Bloomberg) — The yuan weakened the most in two years and Chinese stocks fell, giving traders a taste of the volatility that lies ahead as Donald Trump closes in on…
Bitcoin Hits Record as Pro-Crypto Trump Heads Toward US Victory
(Bloomberg) — Bitcoin jumped to a record high, part of a wave of trades across global markets in response to Republican nominee Donald Trump’s push toward victory over Democratic rival…
DJT stock jumps in after-hours trading as Trump gains election edge
Trump Media & Technology Group stock (DJT) surged as much as 25% before paring gains in after-hours trading on Tuesday as investors brace for more wild swings with Donald Trump…