The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy's targeting the purchases in Q1 2025.
Israel Set to Hold Rates With War Fueling Inflation Pressures
(Bloomberg) -- Israel will probably hold interest rates for an eighth consecutive time, as the central bank anticipates more inflationary pressure stemming from a multi-front war against Iran-backed militias.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDon’t Shrink the BusThe Bank of Israel
High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump's Inauguration
Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20
Analysis-Exodus by Wall Street banks from climate group worries advocates
U.S. lenders have been rushing in recent weeks to leave one of the world's top banking sector climate coalitions, drawing scorn from campaigners who worry the industry is losing resolve to take action on fossil fuels. Goldman Sachs broke ranks to announce on Dec. 6 it was leaving the Net-Zero Banking Alliance (NZBA) and was soon followed by Wells Fargo, Citi, Bank of America and Morgan Stanley. The exit of some of the world's biggest lenders means the NZBA, whose members aim to align their financing with the global climate fight, now includes just JPMorgan among the Big Six U.S. banks.
Watch These Supermico Price Levels as Stock Pops After Volatile Year
Supermicro shares are likely to remain in the spotlight to start the week after jumping more than 10% Friday to log their best one-day performance since early December. Monitor these key chart levels.
Alcoholic Beverage Stocks Slide in Asia on US Cancer Warning
(Bloomberg) -- Shares of Asian liquor and beer makers declined after the US Surgeon General outlined a direct link between alcohol consumption and heightened cancer risk, and called for warning labels.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Su
Japan stocks look set for new highs in 2025 on earnings, reforms
(Bloomberg) -- Japanese stocks are poised to reach new record highs in 2025, driven by corporate governance reforms and robust earnings, according to equities strategists.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing Cleared by Judge for Sunday LaunchAfter a roller coas