Limiting access to the chain that launched Trump’s memecoin is like shutting investors out from Amazon or Google during their initial offerings, says Hadley Stern, at Marinade Labs.
Strategy Buys More Bitcoin After Announcing Preferred Sales
(Bloomberg) -- Michael Saylor’s Strategy said it bought $10.7 million of Bitcoin, a week after unveiling plans to issue up to $21 billion of preferred stock to acquire more of the cryptocurrency. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCThe enterprise so
Stock market today: Dow, S&P 500, Nasdaq attempt climb as Bessent dismisses sell-off, retail sales miss
Downbeat retail sales data and Treasury Secretary Scott Bessent's comments are adding to worries about the economy.
Apple’s Worst Week Since 2022 Spurs Wall Street to Defend Stock
(Bloomberg) -- The recent selloff in Apple Inc. shares is an opportunity for investors as the tech giant is still seen by some analysts as a safe haven in periods of market volatility.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressSaving the Signature Sound of Washington, DCShares fell nearly 11% last w
Novo Nordisk Stock Rises Ahead of Data on Ozempic Ingredient's Ability to Lower Heart Risk
Novo Nordisk shares rose Monday as the company said it would present new data on the ability of semaglutide, the active ingredient in its weight-loss drugs Ozempic and Wegovy, to lower heart risks.
Trump's ex-wife calls for dismissing charges against 'Bitcoin Jesus'
US President Donald Trump's second ex-wife Marla Maples has joined the call for dismissing charges against Roger Ver, known by the moniker “Bitcoin Jesus.”
Robinhood launches prediction markets to tap into event contracts demand
The company, which has become synonymous with retail investors in the U.S., is looking to cash in on the growing demand for event-based derivative contracts, once a niche asset class. Event-based derivatives are gaining traction as traders seek to bet on real-world outcomes, such as Fed decisions or elections, offering a straightforward, all-or-nothing payoff tied to specific events. However, the rise of event-based derivatives trading has drawn regulatory scrutiny, with concerns over gambling-like risks and the potential for market manipulation.
D-Wave Quantum Stock Soars Further After Breakthrough Claim
D-Wave Quantum shares were on track for a fresh record closing high Monday following last week's claim that the company's quantum computer outperformed a supercomputer.
To cut or not to cut? US Fed faces stubborn inflation and weak growth
Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a tight spot ahead of its interest rate decision this week.View on euronews
Turmoil in the US is boosting global markets — but the chaos could still spread, Goldman Sachs warns
The macroeconomic outlook for the US remains uncertain as the second Trump administration appears to have a higher tolerance for market turbulence.