The rout in Tesla's stock is even shaking the most biggest of bulls.
Hedge fund pessimism over Wall Street hits 5-year high, Goldman says
LONDON (Reuters) -Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman Sachs note sent to clients on Thursday. Since the beginning of March, the S&P 500 has fallen almost 5%, while an index of world stocks minus the United States has risen 3%, heading for its best first-quarter performance since 2019, with a gain of 8% so far. The U.S. Federal Reserve on Wednesday lowered its economic growth outlook for this year and raised inflation projections amid uncertainty from President Donald Trump's trade tariffs.
DoorDash will let users buy now, pay later for fast food, a possible worrying sign for the economy
Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food.
Gold Set for Third Weekly Gain as Trade War Fears Rattle Markets
(Bloomberg) -- Gold headed for a third weekly gain as concerns about the potential impacts of US President Donald Trump’s tariffs fuel demand for haven assets. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsBullion trade
MSTR, MARA, or RIOT: Which U.S. Crypto Stock is the Bitcoin Maestro?
As Bitcoin gains adoption across all levels of society, from governments to institutions to individuals, it is fundamentally reshaping corporate crypto strategies, forcing a rethinking of how businesses engage with digital assets. Three U.S. companies, in particular, Strategy (MSTR), Marathon Digital Holdings (MARA), and Riot Platforms (RIOT), have emerged as high-profile pioneers in utilizing Bitcoin as a treasury asset. Each has taken a slightly different path, but all have doubled down on the
Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering
This is the initial sale of the company's Perpetual Strife Preferred Stock.
Nio Stock Slips on Wider Loss Than Expected, Disappointing Sales
The U.S.-listed shares of Chinese electric vehicle maker Nio fell Friday morning after its fourth-quarter sales fell short of analysts' expectations.