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(Bloomberg) -- Traders dubbed Brazil’s central bank hawkish turn “a shock and awe” move that would lift the nation’s battered assets. A day later, the market is signaling it’s not enough. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe Brazilian real closed the session 0.5% lower, the w

(Bloomberg) -- Beneath a stock market that goes from one record to the next lies a concerning trend for some Wall Street strategists: Fewer stocks are buttressing the advance.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe S&P 500 Index closed out its ninth consecutive day where the num

Your day-ahead look for Dec. 12, 2024

Fundstrat's Sean Farrell has been right all year — but how possible is $500K?

Shares of ServiceTitan rocketed higher on the company’s as investor appetite for its initial public offering surpassed expectations on its first day of trading.

The Vancouver City Council has approved a motion to explore the incorporation of Bitcoin into its financial systems.

At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (CRYPTO: BTC). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet. While no proposal is on the docket for Apple (NASDAQ: AAPL), the world's most valuable company, I believe the consumer tech juggernaut should start thinking about the world's top cryptocurrency.

Alesia Haas explains what the new landscape will mean for crypto firms and traditional financial services institutions.

WBA ran into a trendline with historically bearish implications

Within footwear, newer brands that have already succeeded in DTC and social channels would likely be "interesting" targets for larger players.