Breaking News: Investing
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late […]
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Stablecoin issuer Circle applies for a national bank charter
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle Internet Group has applied for a national trust bank charter, moving forward on its mission to bring stablecoins into the […]
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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum
Tom Lee Adam Jeffery | CNBC Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether. Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective […]
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Why oil prices swung so wildly during the Iran-Israel conflict and where the market goes from here
The oil market is assuming a bearish tilt after the Iran-Israel conflict ended in a ceasefire this week, with President Donald Trump hinting he could loosen sanctions against the Islamic Republic’s crude exports. The 12-day conflict drove oil prices sharply higher and then lower as traders gauged the odds of a major supply disruption. U.S. […]
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Gabelli Funds highlights the AI stocks to buy as craze continues
The trillion-dollar investment cycle into generative artificial intelligence is only just beginning, and is already starting to pay off, according to John Belton, portfolio manager at Gabelli Funds. Tech companies are set to invest roughly $1 trillion in capital expenditures into AI infrastructure over the coming years, causing some investors to worry the businesses may […]
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Bank of America says buy these five stocks that are set to rally in the second half
Bank of America recently named five stocks that have room to run in the second half, according to analysts. The firm says buy-rated companies such as Apple are compelling and have plenty of upside. The other names include Hinge Health , Roku , Datadog and Jabil. Roku The TV streaming service is firing on all […]
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Coinbase is the best performing stock in the S&P 500 in June, and may have even more room to run
Coinbase is the top performer in the S&P 500 in June, boosted by positive regulatory updates, product launches and, of course, its very inclusion in the benchmark stock index at the end of May. The crypto exchange’s outperformance in the S&P 500 extends back to the April 8 market low, just after President Donald Trump’s […]
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Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle resumed […]
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How the stock market made it back to a new record — even with so much still to worry about
Traders work on the floor at the New York Stock Exchange on June 23, 2025. Brendan McDermid | Reuters An aggressive trade war, Middle East escalation and AI competitions overseas — None of 2025’s big curveballs managed to spoil the market’s epic comeback from the year’s lows as stocks stand within reach of a new […]
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Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’
New York mayoral candidate, State Rep. Zohran Mamdani (D-NY) speaks to supporters during an election night gathering at The Greats of Craft LIC on June 24, 2025 in the Long Island City neighborhood of the Queens borough in New York City. Michael M. Santiago | Getty Images To say Wall Street isn’t a fan of […]
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