Despite the recent volatility in Bitcoin prices, the most recent caused by Trump’s tariff announcement, some of the top miners are weathering the storm, among them Mara Holdings. The NASDAQ-listed firm recorded a 17% month-over-month increase in blocks won. This growth came despite rising global mining difficulty and hashrate competition. More than 47,000 BTC Holdings … Read more
Global stocks fell and government bonds rallied on Thursday after Donald Trump’s sweeping new tariffs left the world on the brink of a full-blown trade war. Some content could not load. Check your internet connection or browser settings. The benchmark Stoxx Europe 600 index was down 1.8 per cent by late morning, after a steeper … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Liberation Day” has quickly turned into Libation Day for many Wall Street analysts, who are being forced to take Donald Trump both seriously and literally. The tariffs announced went far further than anyone had expected. … Read more
The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, is pushing deeper into crypto with introducing a blockchain-based platform for tokenized collateral management. Collateral is a fundamental part of risk management in financial markets, ensuring stability amid market fluctuations. However, traditional systems often suffer from inefficiencies due to fragmented infrastructure and … Read more
If you doubted the genius of Warren Buffett and his company Berkshire Hathaway in 2024, you certainly aren’t doubting it now. While investors continued to pour into stocks last year and take advantage of frothy market conditions, Buffett and his team remained patient and cautious, buying very few stocks and hoarding cash. This year, the … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Christopher Ruddy, a rightwing media mogul and longtime friend of Donald Trump, has become a multibillionaire after Newsmax shares continued to surge following its public listing debut on Monday — an unlikely outcome … Read more
Although Strategy’s (MSTR) aggressive buying of bitcoin (BTC) has sent its shares soaring over 2,500% over the past five years, one analyst argues that the reverse could soon be the case. “While we were negative on several respects upon initiation, we have gained incremental confidence that the convertible issuance strategy is likely tapped,” wrote Monness … Read more
hapabapa Listen below or on the go on Apple Podcasts and Spotify Intel CEO vows to refocus on innovation, asks customers to be ‘brutally honest’. (00:23) Xiaomi shares fall after fatal crash in China. (01:35) SoftBank said to be in talks to borrow $16.5 billion for AI investments in U.S. (02:06) This is an abridged … Read more
Sportsman’s Warehouse Holdings, Inc. SPWH will release its fourth-quarter financial results after the closing bell on Tuesday, April 1. Analysts expect the West Jordan, Utah-based company to report a quarterly loss at 6 cents per share, versus a year-ago loss of 2 cents per share. Sportsman’s Warehouse projects quarterly revenue of $328.67 million, compared to … Read more
Economists are raising their recession odds, and investors are worried about tariffs on so-called “liberation day,” but there’s talk of a market bottom. Welcome to the week of April 2: the day president Donald Trump will deliver on his promise to impose reciprocal dollar-for-dollar tariffs. Fundstrat’s Tom Lee suggested on CNBC Monday that markets could … Read more