Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to immediately select a replacement. Gensler took over the SEC in 2021, and under...
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...
error: Content is protected !!