News

A Comcast executive warned that the conglomerate expects to lose 100,000 broadband subscribers in the fourth quarter.

Bullish trends spark debate over Bitcoin’s potential for unprecedented price milestones this cycle.

Citigroup's revision came after data on Friday showed nonfarm payrolls rose by 227,000 jobs last month, following an upward revision to 36,000 jobs in October. U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing labor market that indicated the Fed could likely cut interest rates this month. Major brokerages including Morgan Stanley and Goldman Sachs have reiterated their expectation of a 25-basis-point interest rate cut by the Fed in December after the jobs data.

Institutional interest in Bitcoin surges as accounting changes allow fair-value balance sheet reporting.

Food giant Mondelez is once again exploring an acquisition of chocolate maker Hershey, according to Bloomberg.

Costco Wholesale is scheduled to report earnings for the first quarter of fiscal 2025 after the market closes, with analysts expecting the retailer to report rising revenue and profits.

The S&P 500 is expected to end 2025 at a 7,100 level, suggesting a roughly 17% upside from Friday's

Cryptocurrencies took a breather today as the price of Bitcoin retreated from $100,000 and traded around $97,500 as of 1 p.m. ET. Treasury yields rose in anticipation of new inflation data later this week, but otherwise, it was not immediately clear what drove the sell-off. Other cryptocurrencies followed Bitcoin's lead and struggled today as well.

About 47 nations have improved access to Bitcoin since 2020.

Palantir Technologies shares retreated Monday after hitting their latest all-time high earlier in the session.