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Is Trump Media Going to Acquire a Cryptocurrency Trading Business? Here's What That Could Mean for the Stock.

Trump Media & Technology Group (NASDAQ: DJT) isn't profitable or generating much revenue, but the one thing it does have is cash, and it could soon put that to work. What is Bakkt Holdings? Earlier this year, the struggling stock also completed a 1-for-25 reverse stock split to help prop up its value and stay above the $1 needed to remain listed on the New York Stock Exchange.

Emerging-Market Currencies Wobble While Brazil Sees Selloff

(Bloomberg) -- Emerging-market currencies closed little changed after being whipsawed in a session marked by low trading volume before the US holiday and a steep selloff for Brazilian assets. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldLosses for Brazil’s real mixed w

Morning Bid: Tech stocks drag US indexes lower as tariff talk clouds markets

Investors were grappling with fresh U.S. inflation data and its implications for Federal Reserve policy along with continued fallout from Donald Trump's tariff pledges as trading in the U.S. was thinning out ahead of the Thanksgiving holiday. Asian markets were waking up to a tepid day for U.S. equities, with technology shares leading major indexes lower. Data showed the personal consumption expenditures (PCE) price index -- an inflation gauge followed by the Fed -- rose 2.3% in the 12 months through October, a slight uptick from the prior month.

Consumer-related stocks help lift TSX to record closing high

(Reuters) -Canada's stock market rose to a record high on Wednesday, led by gains for the utilities and consumer-related sectors, as long-term borrowing costs fell and investors grew less anxious about the prospect of sweeping U.S. tariffs on imports from Canada. The Toronto Stock Exchange's S&P/TSX composite index ended up 83.16 points, or 0.3%, at 25,488.30, eclipsing the record closing high it posted on Friday. Investors have "had a day to think about the tariff situation and maybe it's not as bad as they originally thought," said Michael Sprung, president of Sprung Investment Management.