• Feb 20, 2025

Wall St dips as markets assess Trump's tariff threats; Walmart slides

Wall Street's main indexes opened lower on Thursday as investors avoided risky bets after another bout of tariff threats from President Donald Trump, while heavyweight retailer Walmart plunged on a downbeat fiscal 2026 sales forecast. Walmart slid 6.2% after the world's largest retailer forecast sales for the fiscal year ending January 2026 below estimates, as it anticipates inflation-weary consumers to pull back after several quarters of solid growth. "Walmart set a negative tone for expectations ... that's adding to concerns that the improvement in fourth quarter earnings were the result of weaker expectations for the first quarter of 2025," said Sam Stovall, chief investment strategist at CFRA.

  • Feb 20, 2025

Mortgages Triple as Milei Reignites a Snuffed-Out Housing Market

(Bloomberg) -- Endless boom-and-bust cycles have shuttered Argentines’ access to mortgages for years. Now, home loans are coming back in a big way. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyBanks are expected to issue some $3 billion of th

  • Feb 20, 2025

Dogecoin mania is back. Will the SEC approve an ETF for Elon Musk’s favorite crypto?

Dogecoin is making headlines once again. The reason? The Securities and Exchange Commission has officially acknowledged Grayscale’s filings for a spot Dogecoin exchange-traded fund (ETF), the Grayscale Dogecoin Trust. This marks the beginning of the SEC’s review process, which could potentially bring the Dogecoin ETF to the stock exchanges.

  • Feb 20, 2025

Is XRP the New Bitcoin?

XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) remain two of the most-watched cryptocurrencies even after years of being in circulation, and they've earned that distinction by providing value to investors all the while. First, let's take a beat to understand the investment thesis for both coins to see if there's anything obvious that would imply the victory of one over the other in the long term. Bitcoin's investment thesis is that its supply growth will constantly slow as a result of the amount of effort required to mine it, which ratchets upward roughly every four years in a process called the halving.

  • Feb 19, 2025

3 Reasons to Avoid DGX and 1 Stock to Buy Instead

Quest has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 13% to $170.50 per share while the index has gained 9.4%.

  • Feb 19, 2025

Saudi Tadawul Group Eyes More M&A to Boost Capital Markets

(Bloomberg) -- Saudi Tadawul Group said it’s targeting more mergers and acquisitions as it looks to further develop the local capital market and draw in foreign investors. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe owner of the Saudi st