Articles

Bitcoin in a 60/40 portfolio doesn’t add much volatility, fund manager finds

The fund manager WisdomTree ran the numbers on adding bitcoin to a 60/40 portfolio and found that its inclusion doesn’t add too much volatility.

Treasury yields nudge higher with payrolls report viewed as next big catalyst

Bond yields rose early Thursday, hovering just below four-month highs, as traders attention turned to looming jobs data.

Google considers charging customers to use new AI powered search tools: report

The plans would see Google put search engine features behind a paywall for the first time in its 25-year history

Volvo Car sales rose 25% in March to hit monthly record

Volvo Car said Thursday that it sold a record high number of cars in a single month in March as sales rose 25% on the year.

This investor says Tesla’s worth $14 per share — and if it fell that far, it’d go bust

Tesla’s had a bad year. This investor expects it to get a lot, lot worse.

Gucci owner Kering buys property in Milan fashion district for $1.4 billion

Kering is buying a historic building in Milan’s fashion district for roughly 1.3 billion euros ($1.41 billion), expanding its presence in one of the world’s most iconic avenues.

TSMC says critical chip-making equipment intact after Taiwan earthquake

TSMC said it was evaluating the impact of the earthquake on its operations.

Spotify shares rise 8% after report of additional price hikes

Shares of Spotify Technology climbed on Wednesday following a report that the company plans to raise prices further in several countries, including in the U.S., as it looks to cover the cost of audiobooks.

Paramount stock jumps 15% on reports of exclusive merger talks with Skydance

Paramount Global’s stock surged Wednesday after reports that the company has entered into exclusive merger talks with Skydance Media.

Sinclair’s Diamond Sports extends distribution deal with Charter Communications

Sinclair-owned Diamond Sports Group extended its distribution deal with Charter Communications, giving Spectrum customers access to the company’s regional sports networks.

Fisker withdraws financial guidance as talks to save itself continue

Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to seek alternatives to keep itself afloat.

Reddit’s story hinges on ‘promises we’ve heard too many times,’ a new bear says

A Bernstein analyst questions whether Reddit will be able to succeed where other small social-media players have struggled.
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