The overlooked reason both Democrats and Republicans promote stock trading bans
It's not just about ethics. It's about politics. Nancy Pelosi and Marjorie Taylor Greene are each foils for both parties' stock trade ban proponents.
A quarter of U.S. consumers are now financing groceries with buy-now, pay-later as economic pressures mount, survey says
More than 40% of buy-now, pay-later users made a late payment in the past year, up from 34% the year before, according to data from Lending Tree.
Over 50 crypto ETFs await SEC nod
From Bitcoin to Dogecoin, a fresh wave of crypto ETFs could soon make it easier for traditional investors to enter the market.
Why Plug Power (PLUG) Stock Is Up Today
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 39.2% in the morning session after the company locked in a new loan of up to $525 million, boosting its cash pile and providing more headroom to support operations and future growth plans. It also shared strong early sales for the first quarter of 2025, beating Wall Street's estimates. Q1 2025 revenue guidance was estimated at around $130 million to $134 million.
Why Sabre (SABR) Stock Is Up Today
Shares of travel technology company Sabre (NASDAQ:SABR) jumped 21.1% in the morning session after the company agreed to sell its hospitality solutions business to TPG for $1.1 billion. The proceeds from the sale were expected to significantly bolster SABR's cash reserves, giving it more flexibility to invest in growth areas such as its airline IT services and travel marketplace platforms. Additionally, the transaction supported the company's efforts to achieve its target leverage ratio of 2.5x t
Nvidia Stock Drops on Report Huawei Is Developing Rival AI Chip
Nvidia shares led losses on the Dow and S&P 500 Monday afternoon following a report China's Huawei Technologies is preparing to test a rival AI chip.
What Analysts Think of Apple Stock Ahead of Earnings
Apple is slated to report fiscal second-quarter results after the market closes Thursday, with investors likely to be watching for clues on how shifting trade policies could impact the iPhone maker.
Bitcoin Devotees Plowed $3 Billion Into ETFs Amid Crypto’s Surge
(Bloomberg) -- Cryptocurrency investors waded back into the market last week, riding a surge in Bitcoin. Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyNYC’s Congestion Toll Raised $159 Million in the First QuarterNew York City Transit System Chips Away at Subway Fare EvasionAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryThe Last Thing US Transit Agencies Should Do NowExchange-traded funds tracking Bitcoin and Ether attracted more than
Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
Bitcoin (BTC) miners' first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. "Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China)," analysts led by James Butterfill wrote. Bitcoin miners that are dependent on older or less-efficient rigs are faced with higher exposure to these tariffs, the report said.
Biggest risk to markets is a fragmented world, says Norway wealth fund CEO
OSLO (Reuters) -The world economy appears to be fragmenting, posing the biggest risk to markets currently as it brings low growth and higher inflation, the CEO of Norway's $1.8 trillion sovereign wealth fund told Reuters. The fund, which invests the Norwegian state's revenues from oil and gas production, is the largest of its type and one of the world's biggest investors, owning on average 1.5% of all listed stocks and across some 9,000 companies globally. Asked what the biggest risk to financial markets today was, Nicolai Tangen, CEO of the fund's operator Norges Bank Investment Management (NBIM), said it was decoupling, and referred to one of the fund's stress-test scenarios that sees a fragmented world economy.