Bitcoin Traders Now Target $120K as Bullish 'Santa Claus Rally' Gains Steam
Data from the past eight years shows that bitcoin ended December in the green six times since 2015, running at least 8% to as much as 46% (in the outlier year of 2020).
German Bonds Set for Another Strong Year as Economy Woes Deepen
(Bloomberg) -- Germany is heading into 2025 facing a snap election, trade tensions with the US and a possible recession. For debt investors that’s a perfect recipe for another strong year of returns.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsA Bloomberg Index of German bonds is on track to return 1.5% in 20
2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks
The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it. Many bitcoin enthusiasts and investors are quick to criticize government-backed currencies as prone to devaluation and say increased government buy-in will stabilize bitcoin's future price swings, give it more legitimacy and further boost an already rising price. Critics say a crypto investment is highly speculative, with so much unknown about projecting its future returns, and warn that investors should be prepared to lose money.
5 Things to Know Before the Stock Market Opens
U.S. stock futures point higher to begin the week, bitcoin pulls back after setting a fresh record high, and Palantir stock slips and MicroStrategy shares rise on news the firms will be added to the Nasdaq 100. Here's what investors need to know today.
Bitcoin Soars to Record High Above $106K, Then Retreats as Hawkish Fed Rate Cut Looms
The Fed is likely to deliver a “hawkish rate cut,” with hints of less easing next year.
Canal+ falls, Havas and Louis Hachette up on market debut post-Vivendi split
(Reuters) -Shares of Canal+ fell on their London debut on Monday while fellow Vivendi spinoffs Havas and Louis Hachette rose in Amsterdam and Paris, after shareholders of the French media conglomerate voted in favour of the high-stakes split. Shares of broadcaster Canal+ opened at 290 pence, giving it a market value of 2.9 billion pounds ($3.7 billion), but fell around 16% from that price to 242 pence by 1106 GMT. At that market value, Canal+ would have been eligible to join the FTSE 250 index, but its French domicile prevents it from being integrated into any indexes.
Canal+ falls, Havas and Louis Hachette up on market debut post-Vivendi split
(Reuters) -Shares of Canal+ fell on their London debut on Monday while fellow Vivendi spinoffs Havas and Louis Hachette rose in Amsterdam and Paris, after shareholders of the French media conglomerate voted in favour of the high-stakes split. Shares of broadcaster Canal+ opened at 290 pence, giving it a market value of 2.9 billion pounds ($3.7 billion), but fell around 16% from that price to 242 pence by 1106 GMT. At that market value, Canal+ would have been eligible to join the FTSE 250 index, but its French domicile prevents it from being integrated into any indexes.
Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows
Exchange operator Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straight year in 2024, as Wall Street looks for a bumper crop of initial public offerings in 2025. Companies raised approximately $22 billion across 160 initial public offerings at Nasdaq in the first 11 months of this year, outpacing the nearly $17 billion in 34 listings for NYSE, according to data provided by Dealogic and Nasdaq. Market watchers took it as another hopeful sign for IPO volume, which has slumped in recent years after the Federal Reserve ramped up interest rates in 2022 to stem surging inflation.
Money market account rates today, December 16, 2024 (earn up to 5.00% APY)
Compare the best money market account rates available today and find out which banks have the best offers.
Moncler Group Tops Dow Jones Sustainability Indices for Sixth Year in a Row
The group was acknowledged as industry leader of the “textile, apparel & luxury goods” sector with the highest score (90/100) in the S&P Global Corporate Sustainability Assessment.