News

KULR Adds $8 Million In Bitcoin, Growing Total To BTC Worth $50 Million

On Tuesday, KULR Technology Group, Inc (NYSE:KULR) announced it has increased its purchases for its Bitcoin (CRYPTO: BTC) Treasury by an additional $8 million to reach $50 million in Bitcoin acquisitions. The company made the additional purchases at a weighted average price of $101,695 per bitcoin, including fees and expenses. It now holds 510 bitcoins. Also Read: Taiwan Semi Chief To Skip Trump Inauguration, Calls US Semiconductor Sanctions ‘Manageable’ This move aligns with KULR’s Bitcoin Trea

D.R. Horton Q1: Earnings Beat Despite Soft Housing Market, FY25 Outlook Reiterated

D.R. Horton, Inc. (NYSE:DHI) shares traded higher after the company reported first-quarter results. Sales fell 1% year-over-year to $7.61 billion, beating the consensus of $7.08 billion. EPS was $2.61, beating the consensus of $2.44. Net sales orders fell 1% Y/Y to 17,837 homes and decreased 2% in value to $6.7 billion. Homebuilding revenue declined 2% Y/Y to $7.2 billion. Homes closed in the quarter fell 1% Y/Y to 19,059 homes. Sales order backlog of homes under contract as of December 31, 2024

Russian Oil Flows Stall as US Sanctions Start to Buffet Tankers

(Bloomberg) -- Russia’s seaborne crude exports saw their biggest drop since November last week after outgoing US President Joe Biden imposed sweeping sanctions on the country’s oil trade, with early signs that the measures are reshaping flows.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Mi

Trump's return to the White House: Market winners and losers

U.S. President Donald Trump's return to the White House has been met with both relief and disappointment across world markets as investors try to work out what the next four years will bring. "The approach will be chaotic, unpredictable, spur of the moment and driven by Trump himself," said Russel Matthews, senior portfolio manager, global macro at RBC BlueBay Asset Management. Calling out Canada and Mexico as potential targets for tariffs took a further toll on their currencies, which fell sharply following Trump's inauguration speech.