News

One Fed official may have saved market from another rout. Why John Williams' remarks matter so much

With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.

Bitcoin continues slide that's roiling markets, threatens to break below $80,000

Bitcoin almost dipped below its critical $80,000 support level.

Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard

The platform's core business relies on retail investors pouring into speculative corners of the market, particularly crypto and AI-linked stocks.

Japanese concerts in China are getting abruptly canceled as tensions simmer

Beijing's latest response to Japanese Prime Minister Sanae Takaichi’s Taiwan comments is adding to uncertainty for businesses caught in the middle.

Bitcoin falls to lowest level since April

Bitcoin dropped on Thursday to levels not seen in more than six months.

Fed likely to not cut rates in December following delayed September data, according to market odds

Market odds of a cut remained weak following the release of the September jobs data, the first nonfarm payrolls report investors are seeing since the government shutdown.

‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises

Global tech executives in recent weeks have proclaimed the robotaxi industry is finally near an inflection point.

Fed minutes show divide over October rate cut and cast doubt about December

While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.

Kraken confidentially files for IPO following $800 million raise

Kraken confidentially filed with federal regulators to go public in the U.S. after recently raising $800 million at a $20 billion valuation.

Muddy Waters Capital's Carson Block makes rare long call in Canadian miner Snowline Gold

Block expects Snowline to be acquired within the next three years.

Blue Owl calls off merger of its two private-credit funds after announcement rattles stock, sources say

Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to sources.

‘Palooza in Cryptoland:’ Bitwise predicts fresh ETF surge despite rough stretch for digital assets

Bitwise's Matt Hougan expects legislation to support new investment products in the cryptocurrency space.
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