The company plans to launch three ETFs later this year, all issued under the Truth.Fi brand.
Hershey Stock Rises as Higher Prices Help Firm Offset Soaring Cocoa Costs
Hershey beat fourth-quarter profit and sales estimates as the chocolate maker's price hikes helped offset the higher cost of cocoa.
Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security
The move enhances Rootstock’s security while generating new revenue for Foundry.
Trump’s company files for ‘Bitcoin Plus’ ETF
Trump Media & Technology Group files for trademarks to launch Bitcoin Plus ETF, marking the first-ever launch by a U.S. president.
Crypto for Advisors: Bitcoin Mining Will Be Different in 2025
ETFs, hashrate markets and AI have fundamentally reshaped the bitcoin mining industry, reducing miners' dependence on bitcoin’s price.
A legendary short-seller says speculation in markets is nearing historic extremes
The market looks like it's heading back the speculative mania seen during the pandemic-era boom, Jim Chanos said.
Tariffs loom over freight market, may shift supply chains, SONAR experts say
SONAR market experts say Trump’s tariffs on Canada, China and Mexico might have spurred shippers to “pull forward” orders and rethink their supply chains. The post Tariffs loom over freight market, may shift supply chains, SONAR experts say appeared first on FreightWaves.
Bitcoin Worth $1.6B Leave Exchanges in Biggest Bullish Outflow Since April: Research Analyst
Coinbase alone registered a net outflow of over 15,000 BTC Wednesday, hinting at a major institutional purchases of coins.
Tapestry Stock Sets All-Time High on Soaring Coach Sales
Coach and Kate Spade parent Tapestry posted record holiday-quarter sales, sending shares to an all-time high Thursday.
Canada Goose cuts annual profit forecast on feeble demand in crucial market China
Canada Goose Holdings trimmed its annual profit forecast and missed market estimates for third-quarter revenue on Thursday due to choppy sales in China, a key market for luxury goods, sending its shares down 4% in morning trading. Weak consumer spending in China, which is grappling with youth unemployment and a property crisis, has been a major concern for the luxury goods industry and has slowed demand recovery in the region, significantly impacting brands such as Canada Goose. U.S. luxury retailer Estee Lauder, which bet on China, expanded a restructuring plan on Tuesday that involves up to 7,000 job cuts as the cosmetics giant grapples with persistent demand weakness, especially in Asia.