Trump's FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
GSK Stock Jumps on Long-Term Outlook Boost, $2.5B Share Buyback Plan
GSK Plc's U.S.-listed shares surged Wednesday after the pharmaceutical firm boosted its long-term outlook and launched a $2.5 billion stock buyback on the back of optimism about sales of its new drugs.
Top Stock Movers Now: Alphabet, AMD, Match Group, and More
U.S. equities were mixed at midday, slowed by new Chinese tariffs on U.S. goods and weak tech results.
Standard Chartered says Bitcoin could hit $500K under Trump
Standard Chartered’s Geoffrey Kendrick predicts Bitcoin could hit $500,000 by 2028, driven by institutional inflows, improved investor access, and declining volatility.
Supermicro Stock Soars Further Ahead of Business Update
Shares of Super Micro Computer surged for a second straight session after it said it would give a second-quarter business update next week.
Gold-Backed Cryptocurrencies Surge as Precious Metal Hits Record Amid Trade War Worry
The precious metal has rallied nearly 10% so far this year while most top cryptocurrencies struggled to stay in the green.
Bitcoin to Hit $500K by 2028 as ETFs Ease Access, Volatility Drops: Standard Chartered
The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.
The Great Accumulation: A Corporate Race for Bitcoin
Holding bitcoin on corporate balance sheets represents more than a trend — it's a transformation in how companies can create and preserve shareholder value, says Next Layer Capital’s Brandon Turp.
Johnson Controls Stock Leads S&P Gainers on New CEO, Solid Q1 Results
Shares of Johnson Controls International surged to lead S&P 500 gainers on Wednesday morning after the company's first-quarter results topped estimates and it announced a new CEO.
Match Group's Stock Takes a Hit After Announcing New CEO, Soft Sales Outlook
Match Group shares tumbled Wednesday, a day after the online dating service provider named a new CEO and offered a soft outlook as sales for most of its units declined.