Stocks Gain Pre-Bell as Traders Digest Fed Rate Cut; Asia, Europe Down
The benchmark US stock measures were pointing higher before the opening bell Thursday as traders dig
These 2 Cryptocurrencies Could Skyrocket in 2025
Bitcoin may be up 145% this year, but it's hardly alone. Should you stick to Bitcoin, or is it time to look for other cryptocurrencies that could skyrocket even higher next year? If you're looking for a Bitcoin alternative, two of my favorites right now are XRP (CRYPTO: XRP), which is up 283% this year, and Sui (CRYPTO: SUI), which is up a staggering 497%.
Analysts overhaul Micron stock price targets after earnings, outlook
Micron shares have lost nearly a third of their value since printing a record high close in June.
Brian Moynihan is settling in to outlast Jamie Dimon on Wall Street
Bank of America's share price sits at $43.50 at the time of writing. Brian Moynihan wants to still be in the corner office when it hits $100.
KKR Says FX Volatility Could Be Market’s ‘Achilles Heel’ in 2025
(Bloomberg) -- KKR & Co. is warning that a volatile currency market could be an “Achilles heel” for investors in 2025, as growing deficits and the threat of trade wars may disrupt a bull market that it says still has room to run.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe alternative asset manager said it’s monitoring the dollar and emerging-market currencies heading into the new year,
Mesoblast's Cell Therapy Treatment For Graft Versus Host Disease Gets FDA Approval, Stock Surges
On Wednesday, the FDA approved Mesoblast Limited’s (NASDAQ:MESO) Ryoncil (remestemcel-L) as the first mesenchymal stromal cell (MSC) therapy in the U.S. Ryoncil is the only MSC therapy approved in the U.S. for any indication and the only therapy for steroid-refractory acute graft versus host disease (SR-aGvHD) in children 2 months and older, including adolescents. Ryoncil contains MSCs, a type of cell that can have various roles in the body and can differentiate into multiple other types of cell
Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 990 bitcoin for average price of around $101,710 each.
Why Is Penny Stock Canoo Falling On Thursday?
Canoo Inc. (NASDAQ:GOEV) shares are trading lower in the premarket session on Thursday. The company is grappling with major financial challenges, leading to the furlough of 82 employees and the temporary shutdown of its factories in Oklahoma. The move comes as the electric vehicle manufacturer works to secure the necessary capital to continue its operations. Canoo is currently in advanced discussions with multiple capital sources but acknowledges the tough decision to furlough staff, particularl
Morning Bid: Markets fear Fed floor at 4%, dollar booms
Although the Federal Reserve's "hawkish cut" on Thursday had been broadly expected, markets now fear 4% policy rates will be the floor for the coming year at least - and no further easing until midyear or later. The picture painted by the Fed removes monetary easing as tailwind from the stock market for months and has seen the dollar rocket to its highest in more than two years - bowling over emerging, developed and crypto currencies alike. Lifting their median inflation forecast for next year by 0.3 percentage point to 2.5% but only nudging the GDP growth up a tenth to 2.1%, Fed policymakers also raised their policy rate forecasts for the next two years by half a point to 3.9% and 3.4% respectively.
Best money market account rates today, December 19, 2024: Earn up to 5.00% APY following the Fed rate cut
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.