News

Investment firm Bitwise has reaffirmed its prediction that Bitcoin could reach $200,000 by the end of 2025, despite ongoing global trade tensions.

Crypto asset manager 21Shares has submitted an initial filing with the U.S. Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) for Dogecoin (DOGE).

There's currently a "deep fog of uncertainty" that's surrounding businesses, said Barkin, CEO of the Federal Reserve Bank of Richmond.

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.

European and Asian stocks rocketed higher on Thursday after Donald Trump paused his “reciprocal” tariffs, but Wall Street and its international rivals could still have a long way to fall.

Both Applied Digital and Core Scientific are diversifying their business from crypto-mining to high-performance computing.

CarMax shares fell sharply Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in below analysts' expectations.

Your day-ahead look for April 10, 2025

Furniture company Lovesac (NASDAQ:LOVE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 3.6% year on year to $241.5 million. The company expects next quarter’s revenue to be around $139 million, close to analysts’ estimates. Its GAAP profit of $2.13 per share was 13.7% above analysts’ consensus estimates.

Used automotive vehicle retailer Carmax (NYSE:KMX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.7% year on year to $6.00 billion. Its GAAP profit of $0.58 per share was 11.9% below analysts’ consensus estimates.