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Eli Lilly’s price cut, Thanksgiving box office, trouble for gravestone makers and more in Morning Squawk
Sopa Images | Lightrocket | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. No-tech November Last week’s recovery rally allowed the Dow Jones Industrial Average and S&P 500 to both finish their seventh […]
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Bitcoin set to rally back to $100,000, BTIG says
Bitcoin bears, beware: The world’s oldest cryptocurrency is likely to stage a rally back to $100,000 after its massive pullback earlier this month, according to BTIG. “After a -36% peak-to-trough decline, we think Bitcoin is now poised to continue its reflex rally at least back towards 100k,” BTIG analyst Jonathan Krinsky said Wednesday in a […]
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Blackrock’s iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022
Crypto World Blackrock’s iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022 Published Mon, Nov 24 20257:19 PM ESTUpdated 13 Min Ago Liz Napolitano@LizKNapolitano WATCH LIVE Source
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Bitcoin and ether rise, trimming November losses as tech stocks rally: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, digital currencies rise as tech stocks rally on Wall Street. Plus, new research finds stablecoin market caps have grown as investors look for save havens amid increased volatility. And, Matt Savarese, head of digital assets […]
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New IRS reporting requirements will make a classic crypto ‘tax cheat’ risky starting with 2025 return
With year-end approaching, it’s a good time to make sure your tax house is in order. It’s especially important for crypto investors, given a new IRS brokerage reporting requirement covering transactions after Jan. 1, 2025. The IRS generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital […]
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Stocks making the biggest moves midday: Oracle, Bath & Body Works, Gap and more
Check out the companies making the biggest moves midday: Oracle — The AI stock fell 4% as investors remained worried about valuations tied to AI continued to dump stocks. Those declines added to Oracle’s and Nvidia’s steep weekly losses. Bath & Body Works — The retailer fell 5%, adding to its 24.8% plunge from Thursday, […]
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Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard
Omar Marques | Lightrocket | Getty Images Robinhood shares are heading for a brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lose momentum. The popular brokerage platform slipped more than 3% Friday, extending a punishing decline. The stock tumbled 10.1% in the prior session and is now […]
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Bitcoin continues slide that’s roiling markets, threatens to break below $80,000
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty […]
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Stocks making the biggest moves premarket: Bitcoin stocks, Elastic, Gap and more
Check out the companies making headlines before the bell. Bitcoin stocks — Stocks linked to the world’s oldest cryptocurrency were in the red as bitcoin plunged closer to $80,000 as investors fled risk assets. Digital asset mining companies American Bitcoin and Riot Platforms fell 2.4%, while Bitcoin treasury Strategy shed 2%. Galaxy Digital was down […]
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Jobs data muddies the picture for a December rate cut, while the Nvidia rally fizzles
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : There was an ugly reversal in the market Thursday. Stocks soared for most of the morning in reaction to Nvidia ‘s strong quarter, bullish […]
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