Day: March 21, 2025
After a college football career and 2 failed House races, Bo Hines is helping steer U.S. crypto policy
U.S. President Donald Trump speaks as Crypto czar David Sacks, U.S. Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, and Executive Director of the Presidential Council of Advisers for Digital Assets Bo Hines attend the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters […]
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StubHub files for IPO as companies start lining up to go public
The StubHub logo is seen in a former store in New York City on April 18, 2024. Michael M. Santiago | Getty Images StubHub, an online marketplace for reselling tickets, on Friday filed to go public on the New York Stock Exchange under the ticker symbol “STUB.” In its prospectus for an initial public offering, […]
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Why this CIO is sounding the alarm on two key consumer bellwether stocks
Even as valuations for both Nike and FedEx stock come down to a more attractive level, both stocks are still a sell, according to Main Street Research chief investment officer James Demmert. Shares of FedEx have pulled back more than 18% in 2025, while Nike’s stock has slipped about 10%. On Thursday, FedEx slashed its […]
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SEC to see exodus as hundreds take Trump’s buyout offers: Reuters
The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025. Leslie Josephs | CNBC Wall Street’s top regulator is facing a staff exodus across key departments as hundreds have agreed to take resignation offers amid President Donald Trump and Elon Musk’s efforts to remake the U.S. government, five people […]
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The stocks that are working as the market struggles over the past month
A handful of sectors have emerged as standout winners in the market turmoil of the past month: utilities, health care, real estate and financials. It hasn’t been an easy month for stocks, with President Donald Trump’s ramping trade war and economic releases ringing alarm bells of a potential recession at the forefront of investors’ minds. […]
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Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft CEO Satya Nadella speaks at the Microsoft Build AI Day event in Bangkok, Thailand, on May 1, 2024. Chalinee Thirasupa | Reuters With about 10 minutes left until the market’s close, Microsoft’s stock was down for the week. It would’ve been the first eight-week losing streak since 2008. But the shares popped just before […]
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Tariff uncertainty will continue to roil markets next week, along with key inflation data
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the […]
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Nvidia’s CEO sought to help the quantum companies and ended up causing another sell-off in the stocks
Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, on March 20, 2025. Stephen Nellis | Reuters Nvidia CEO Jensen Huang spoke at the chipmaker’s annual conference on Thursday, aiming to walk back past comments on the decadeslong timeline needed for useful quantum computers. But […]
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Stock volatility poses an ‘opportunity,’ investment analyst says. Here’s why
Key Points The S&P 500 has wobbled in 2025. The U.S. stock index briefly touched correction territory last week. Investors can take advantage of such selloffs by buying stocks at a discount, financial experts say. Investors should be mindful of their overall stock/bond allocations when doing so. Source
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Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority
Florida CFO Jimmy Patronis delivers remarks before Gov. Ron DeSantis took to the stage during his Don’t Tread on Florida Tour in Sarasota on Nov. 6, ahead of the Nov. 8 midterm election, 2022. Tiffany Tompkins | Bradenton Herald | Tribune News Service | Getty Images Fresh off its victories in the 2024 election cycle, […]
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