Elon Musk’s SpaceX News Sends Bitcoin Tumbling

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Investor’s Business Daily
Dow Jones Dives Below Critical Level; Cathie Wood Piles Into This Stock After 50% Plunge
The Dow Jones fell despite Walmart earnings and Cisco earnings beating views. Cathie Wood snapped up a beaten down stock. CVS stock cratered.
5h ago
- The Wall Street Journal
Cash-Strapped Collectors Offload Prized Memorabilia. ‘Literally Like Selling Away My Life.’
Americans built bookcases and shrines to the baseball cards, vinyl records and sneakers they collected through sometimes painstaking efforts. Collectors say they don’t have a choice. “This is literally like selling away my life,” said Mitch Beck, 61 years old, who put his trove of New York Rangers memorabilia up for sale to tackle his growing six-figure debt.
10h ago
- Barrons.com
Bitcoin Tumbles Below $29,000. Here’s How Much Further It Can Fall.
After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.
13h ago
- Investor’s Business Daily
Warren Buffett’s Second-Largest Bet After Apple Is Paying Off
Warren Buffett is best known for his largest bet: A massive stake in Apple. But his second-largest sector holding, financials, is starting to pay off.
Advertisement14h ago
- Yahoo Finance
Walmart CFO on gaining high-income shoppers: ‘This is not your grandfather’s Walmart’
Walmart’s refresh is inviting in a new wave of customers, according to the company’s C-suite.
14h ago
- Bloomberg
Bitcoin Extends Drop Below $26,000 for First Time in Two Months
(Bloomberg) — Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Re
4h ago
- Bloomberg
China Evergrande Group Files Chapter 15 Bankruptcy in New York
(Bloomberg) — China Evergrande Group, the real estate giant whose default two years ago accelerated a broader property debt crisis in the country, sought Chapter 15 bankruptcy protection in New York on Thursday.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yie
17m ago
- Bloomberg
Options Are All the Rage in Stocks With $2 Trillion Deadline Looming
(Bloomberg) — The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks — spurring a Goldman Sachs Group Inc. warning that the activity is fueling the recent market selloff.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group
6h ago
- Investor’s Business Daily
Cryptocurrency Prices And News: Bitcoin Nears Two-Month Low, Donald Trump Reveals Crypto Holdings
Cryptocurrency News: Financial disclosures show former President, defendant Donald Trump’s crypto holdings. Bitcoin falls near two-month low.
5h ago
- The Wall Street Journal
The EV Startup Worth More Than GM Had Troubled U.S. Rollout
Behind VinFast Auto eye-popping valuation is an electric-car startup that has struggled to settle on a strategic direction, leading to a confusing rollout this year in the U.S. as it tries to build brand awareness. It currently sells one model in the U.S., an electric SUV called the VF8, which starts at about $46,000.
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- Yahoo Finance
Mortgage rates top 7%, hitting 21-year high
The average rate on the popular 30-year fixed mortgage increased to 7.09% this week, up from 6.96% the week prior.
10h ago
- Reuters
Microsoft to shut Xbox 360’s online store next year
Xbox 360 Store and Xbox 360 Marketplace will be shut on July 29, 2024, and gamers using the old console will not be able to purchase and download new games, according to a post on Xbox’s website. Microsoft is, however, allowing users to play with their already purchased Xbox 360 games and older titles that are compatible with the console.
9h ago
- Yahoo Finance
Nvidia’s earnings will be the AI hype cycle’s biggest test
Nvidia is widely expected to have a blowout earnings report. A miss could derail the AI hype train.
1d ago
- TipRanks
Billionaire Steve Cohen Loads Up on These 2 ‘Strong Buy’ Penny Stocks — Here’s Why Wall Street Sees Over 500% Upside Potential
There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent. Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed level
- The Telegraph
Americans will run out of pandemic savings next month, Fed warns
Americans will burn through all their pandemic savings by the end of September, according to estimates by the Federal Reserve.
8h ago
- Yahoo Finance
10 things that are getting cheaper
Food and rent are still too expensive, but inflation is finally normalizing among many other spending categories.
7h ago
- Reuters
US 30-year fixed mortgage rate jumps to near 21-1/2-year high
U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest level in more than 21 years, further complicating the housing market outlook. The average 30-year rate shot up to 7.09%, the highest level since April 2002, from 6.96% in the prior week, mortgage finance agency Freddie Mac said on Thursday. At the same time, the yield on the 10-year Treasury note – which acts as a benchmark for mortgage rates – reached the highest levels in 10 months on Thursday, bolstered by fears that strong U.S. domestic demand could prompt the Federal Reserve to raise interest rates again.
8h ago
- Investor’s Business Daily
This Natural Gas Stock Is The Big Winner On New S&P Index Shuffle
There are some changes to the S&P MidCap 400 and the S&P SmallCap 600 that will go into effect Monday.
6h ago
- Reuters
Warren Buffett donates $27 million Berkshire stock
Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest move in the billionaire investor’s plan to give away his fortune.
8h ago