U.S. stock indices are down as consumer confidence weakens, with the S&P 500 and Nasdaq Composite both experiencing declines amid mixed market signals.
Austan Goolsbee cautions that disappointing productivity figures could challenge AI-driven growth narratives, raising concerns about inflation and policy
Austan Goolsbee, President of the Chicago Fed, expresses cautious optimism about cooling inflation but seeks further evidence before confirming a trend toward
HTX experiences a liquidity drain due to Binance blocking transfers, raising concerns about market volatility and inefficiencies in the crypto space.
Thrive Capital's $215 million investment in Amazon shares marks a strategic pivot for venture capital towards public markets, focusing on AI-driven insights.
Bitcoin miner Hyperscale has sold a significant portion of its BTC to finance a shift towards AI data centers, with plans to rebuild its holdings.
Bitwise has partnered with Superstate to explore the tokenization of its Solana Staking ETF, aiming to enhance transparency and efficiency in asset management.
Kalshi faces legal challenges in Washington, leading to a halt of its prediction market contracts, raising concerns over state-level regulatory risks.
Payward, the parent company of Kraken, saw a 71% decline in adjusted pretax earnings to $23 million due to decreased crypto trading volumes in Q2.
Seabridge Gold Inc. announced a GAAP EPS of C$1.09 and a net income of C$117.5 million, reflecting its financial performance for the period.
The VanEck Rare Earth/Strategic Metals ETF gained 3.2% on Friday, led by strong performances from MP Materials and Almonty Industries, up 8% and 7.4%,
Recent 13F filings reveal that 26 hedge funds hold Freeport-McMoRan (FCX), while Intercapital and others have exited their positions.
Precious metals stocks rose 2.3% on Friday, led by TRX Gold and Encore Energy. Television and radio shares also showed strength in the market.
CrowdStrike Holdings has achieved the #90 rank among S&P 500 analysts, surpassing Zebra Technologies, according to a recent study by ETF Channel.
Fury Gold Mines Limited announced a GAAP EPS of $0.15 and revenue of $62.6 million for the latest quarter, reflecting its financial performance.
The Atlanta Fed's Q3 GDPNow forecast has been revised down to 4.3%, signaling potential economic vulnerabilities that could affect investor confidence.
The SEC plans to relax restrictions on investment advisers regarding political donations to state and local officials, impacting public pension fund
Gemini's latest earnings reveal a 66% drop in trading volume despite higher total revenue, highlighting shifts in the crypto exchange landscape.
The Atlanta Fed's GDPNow model has revised its Q3 growth estimate down to 4.3% following disappointing retail sales figures for July.
H100's recent Bitcoin-for-Bitcoin merger significantly increases its holdings, potentially influencing competition in Europe's public Bitcoin treasury market.