Investment strategy
Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts
Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,766.74. Earlier, it rose as high as $113,863.18. Over the past 24 hours, […]
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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally
The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart. Silas Stein | Picture Alliance | Getty Images Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price […]
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Nvidia’s latest milestone shows this is still the AI bull market
Nvidia has shaken off concerns about tariffs and competition to hit a new Wall Street milestone, reinforcing that the artificial intelligence boom is still at the heart of this stock market rally. The chip giant briefly passed $4 trillion in market value on Wednesday, the first company ever to do so, and its shares are […]
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Stocks making the biggest moves premarket: Starbucks, AES, Verona Pharma, UnitedHealth & more
Check out the companies making headlines before the opening bell: Starbucks – Shares of the coffee chain jumped almost 2% after CNBC reported that Starbucks China has drawn bids for a potential stake sale that value the subsidiary at up to $10 billion. While shortlisting could be done in two months, the deal itself likely […]
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BNY Mellon will have custody of Ripple’s new stablecoin as institutional interest in crypto swells
Jakub Porzycki | Nurphoto | Getty Images Bank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday. The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as […]
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Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
ETF Edge Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown Published Wed, Jul 9 20257:30 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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‘Big Short’ Trader Steve Eisman breaks down one reason investors shouldn’t worry about deficits
Steve Eisman, the investor who called the subprime mortgage crisis, said fears of the massive size of the federal budget deficit may be overblown. President Donald Trump’s One Big Beautiful Bill Act signed last week added to investor concerns about the fiscal trajectory of the country and future government borrowing. The bill includes trillions of dollars in […]
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BlackRock keeps its foot on the private-markets pedal with another acquisition
BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group […]
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Stocks making big midday moves: Tesla, Uber, Royal Gold, Stellantis, WNS and more
Tesla — The EV-maker tumbled almost 8% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been feuding with President Donald Trump, who called the new party “ridiculous.” Uber Technologies — Shares of the ride-hailing company hit an all-time high of $97.12 and recently were up by […]
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Trump’s tariffs deadline is closing in. Morgan Stanley lists three possible outcomes
Investors are hoping that — after months of uncertainty and market volatility — trade deals between the U.S. and several key trading partners will be announced this week. President Donald Trump said overnight that letters were due to be delivered from 12 p.m. ET Monday to countries, either confirming trade pacts or notifying them of […]
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