Kava's co-founder explains why the DeFi-to-AI pivot helped it beat the market, while other AI tokens have flopped.
Apple, Dell, and Other Tech Stocks Surge on Tariff Exemptions
Tech stocks surged Monday, after President Donald Trump exempted smartphones, computers, and other consumer electronics from tariffs.
Bitcoin Faces 'Cloud Resistance' at $85K, Neutralizes Risk-Reward for Bulls: Godbole
Bitcoin's recent price action is constrained by the Ichimoku Cloud, creating an unfavorable risk-reward scenario for bullish traders.
As economy stalls, Germany struggles to get consumers spending
With global trade deeply uncertain and a tariff war causing havoc on financial markets, Germany's next government is hoping to unleash domestic consumption to revive stalled growth in an economy that has been driven for decades by exports. Conservative chancellor-in-waiting Friedrich Merz, in a newly forged coalition with the centre left Social Democrats (SPD), has announced policies such as tax cuts and raising the minimum wage. He hopes these measures will increase purchasing power and support domestic demand.
Strategy Bought More Bitcoin During Volatile Week on Wall Street
(Bloomberg) -- Michael Saylor’s Strategy took advantage of the large price swings in the company’s common shares last week to purchase $285.8 million more of Bitcoin. Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemHow Did This Suburb Figure Out Mass Transit?Lisbon Mayor Wants Companies to Help Fix City’s Housing ShortageWhile the stock fluctuated from losses of as much as 11% to gains of a
Lovesac taps Crocs veteran as first chief brand and marketing officer
As chief marketing officer at the footwear brand, Heidi Cooley had a digital and social-first approach to driving growth.
OPEC cuts global oil demand growth forecasts, citing US tariffs
LONDON (Reuters) -OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced by the United States. The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand would rise by 1.30 million barrels per day in 2025 and by 1.28 million bpd in 2026. Both forecasts are down 150,000 bpd from last month's figures.
5 Things to Know Before the Stock Market Opens
News of the day for April 14, 2025
Goldman Sachs exceeds profit estimates as traders cash in on volatile markets
(Reuters) -Goldman Sachs surpassed first-quarter profit estimates, fueled by stock traders who capitalized on volatile markets to bring in record equities revenue, but the bank's CEO warned of a difficult environment ahead. The Wall Street bank joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits, but investors are more focused on future projections as tariffs increase inflation and recession risks. "While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients," said CEO David Solomon, who noted the "great uncertainty" that hung over markets in the first quarter.
Morning Bid: Easter rising? Markets seek solace
Even though a late stock market rally on Wall Street on Friday has been extended in futures prices into a new holiday-shortened week, flip-flopping of U.S. trade policy announcements over the past two days doesn't bode well for corporate and household planning - or indeed market stability. Another big focus of the week will be central bank meetings in Canada and in the euro zone, with both the European Central Bank and the Bank of Canada expected to lower interest rates by a quarter point each. Today, we look at the ECB's decision in detail and how it will view the sharp appreciation of the euro in its deliberations.