Oil prices took the bumpy road upwards today, proving once again that global crude markets lack stability. West Texas Intermediate (WTI) climbed to $70.17 per barrel, up a decent $1.42 (2.07%) from yesterday’s close, while Brent crude cruised to $74.29, up...
Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the...
MicroStrategy (MSTR) shares plummeted more than 16% after short seller Citron Research said it had taken a new bet against the stock, which has gained over 500% this year. Even with Thursday's decline, MicroStrategy stock has soared...
Asia-Pacific markets mostly fell Thursday, with investors watching tech shares in the region after chipmaker Nvidia reported better-than-expected results. Nvidia reported a 94% year-on-year surge in revenue for the third quarter to $35.08 billion. However, that is still a consecutive slowdown from the previous three quarters, when sales rose 122%,...
Gold price climbs extending its gains for the third straight day, shrugs off a buoyant US Dollar as risk aversion boosts safe-haven assets. The golden metal has risen over 3.40% during the week, with buyers eyeing the $2,700 mark. The XAU/USD trades at $2,650, up 0.69%. Bullion’s decline toward a...
Bitcoin rose to a fresh record high just shy of $95,000 after a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt (BKKT.N), opens new tab boosted expectations of a crypto-friendly regime under his incoming administration. Bitcoin , the world's biggest and best-known...
With President-elect Trump’s incoming administration having suggested it could create a national bitcoin reserve, a selection of biotechs have this morning announced their own plans to each create stockpiles of up to $1 million of the decentralized digital currency. They include Acurx Pharmaceuticals, a Nasdaq-listed biotech with an antibiotic for...
Donald Trump is returning to the White House without many of the guardrails of his first term. Many Never-Trump Republicans in Congress have converted or been defeated. Former economic adviser Gary Cohn and other anti-tariff voices are...
US stocks edged higher on Monday as there were early signs that Wall Street was attempting to overcome its recent decline. The S&P 500 index gained 0.40% to midday, while the Nasdaq composite was 0.51% higher. Nonetheless, the Dow Jones Industrial...
Ark Invest CEO Cathie Wood has been a vocal bull for the cryptocurrency sector for years, specifically for leading cryptocurrency Bitcoin (CRYPTO: BTC), which she recently said could be helped by the incoming White House administration. Wood...
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