Supermicro Stock Extends Rally on Anticipation of Plan to Avoid Delisting
Super Micro Computer shares climbed in early trading Monday, extending their rally on anticipation the tech company is preparing to submit a plan to avoid being delisted.
Top Wall Street analyst unveils unexpected S&P 500 price target for 2025
A leading Wall Street analyst reveals his take on the S&P 500 performance for next year.
Bitcoin and altcoins spark NFT resurgence as weekly sales exceed $180 million
Recent sales figures for non-fungible tokens signal renewed optimism for digital collectibles.
Revolut gets UK trading license, set to offer UK & EU stock trading
The company, which recently secured a $45 billion valuation making it one of Europe's most valuable fintechs, will now compete with companies such as Trading 212, Freetrade, Hargreaves Lansdown and AJ Bell in the UK trading market. Revolut, which currently has more than 650,000 UK trading customers, earlier operated as a partnership where it offered an investment service through its app and retail customers could buy and sell shares listed in the United States. The company received a UK banking licence in July with some restrictions, ending a three-year wait for the authorisation and removing regulatory uncertainty that had held back its ambitions in Britain.
Bitcoin ETFs see a surge with $1.67 billion in net inflows, reflecting rising investor confidence
Similarly, ethereum ETFs brought in $515.2 million last week.
TLT Slide Continues as Bond Market Reprices Fed Rate Cuts
Sticky inflation has fixed income investors worried about the rate cut path.
Tesla gains on report Trump's team planning federal self-driving vehicle regulations
(Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles. The report comes days after Trump named the automaker's CEO, Elon Musk, as a co-head of the incoming administration's government efficiency department.
Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC
Semler Scientific raised $21.5 million through its at-the-market equity offering, purchased 215 BTC.
South Africa Sees Breakthrough as Ramaphosa Reforms Win S&P Nod
(Bloomberg) -- A turnaround that investors have bet on in South Africa since President Cyril Ramaphosa returned to power on a mandate for reforms is coming true — at least in the nation’s credit outlook.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftParis to Replace Parking Spaces With TreesAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureNew York’s Transit Agency Approves $9 Conges
Bernstein Analysts Forecast Bitcoin Could Hit $200,000 by 2025
Analysts from the research and brokerage firm Bernstein have identified several catalysts that could drive Bitcoin's price to a target of $200,000 by the end of 2025.