Stock Market Today: Stocks lower as Treasury yields gain, tech struggles
A big move higher in longer-dated Treasury yields has investors worried about renewed inflation risks.
Why Nvidia rug pull doesn't faze US stock market bulls: Morning Brief
Nvidia's 6% loss Tuesday was especially painful for the company given it followed a splashy CES event with big announcements. But the market has good reason to shake off its swings.
Morgan Stanley Pounds the Table on These 2 Timeshare Stocks
This first half of the 2020s has been difficult for timeshare stocks. The shutdowns of the COVID-19 pandemic were followed by rising inflation and rising interest rates, which all pushed down hard on consumer demand. But the pandemic is well behind us now; inflation, while still slightly above the Fed’s target rate, appears to be stabilizing; and the central bank is back to cutting rates. So, while it’s not surprising that timeshares have underperformed in recent years, consumers are starting to
Putin’s Booming War Economy Poised for Soft, Bumpy Landing
(Bloomberg) -- President Vladimir Putin’s invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus. Almost three years on, there are gathering signs the bill is about to come due.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brak
How to pay your bills with Bitcoin and other cryptocurrency
Cryptocurrency has evolved into a store of value, somewhat like gold, and a medium of exchange, like the U.S. dollar. Its practical applications in everyday life have expanded as it becomes more mainstream. Among the various growing use cases, cryptocurrency has emerged as a method for bill payments.
Dogecoin Soared 250% in 2024, Beating XRP, Bitcoin, and Ethereum. Can It Reach $1 in 2025?
Dogecoin (CRYPTO: DOGE) had a spectacular year in 2024 with a gain of 250%. It outperformed many other popular cryptocurrencies, including XRP (Ripple), Bitcoin, and Ethereum. As you can see, most of those cryptocurrencies didn't take off until around November.
America’s frozen housing market is finally starting to thaw
After nearly three years of grappling with an expensive housing market, home buyers are showing signs of getting used to it.
Singapore’s Stock Benchmark Hits Record High as Banks Rally
(Bloomberg) -- Singapore’s stock benchmark closed at an all-time high on Wednesday, boosted by the ongoing rally in bank shares. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?The Straits Times Index rose 1.5%, pushing the gauge above the p
BrainAurora gains 3.4% in Hong Kong stock debut as city eyes IPO crown in 2025
Shares of BrainAurora Medical Technology, a provider of medical diagnostics and digital therapies, jumped as much as 8.4 per cent in their Hong Kong market debut after completing the city's first initial public offering (IPO) of the year. The stock, which trades under the 6681 code, opened unchanged at HK$3.22 and ended 3.4 per cent higher at HK$3.33 when market closed at 4pm local time, valuing the entire company at HK$4.22 billion (US$542 million). It earlier surged as much 8.4 per cent to HK$
Bitcoin Reached Record Highs in 2024, but There Could Be Even More Upside This Year
Bitcoin (CRYPTO: BTC) hit six figures as excitement built around the potential for the digital currency. Last year also marked the introduction of many spot Bitcoin exchange-traded funds (ETFs), and the latest halving event, which cut the growth of new Bitcoin supply in half. Many analysts and growth investors remain bullish on Bitcoin and its potential to hit new heights in 2025.