BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.
Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar's dominance intact, leaving the euro and sterling near multi-month lows. Beyond the worries of the U.S. central bank's measured rate cut path for 2025, investors are also grappling with how President-elect Donald Trump's policies will play out regarding inflation, growth and tariffs. European stock markets are set for a mellow open after Asian equities ended the week on a high, buoyed by South Korean shares.
Nvidia gained $2 trillion in its stellar 2024 rally. Here's what Wall Street sees for the chip titan this year.
Nvidia stock could surge another 27%, thanks to a major catalyst coming in early January, according to Citi.
Peter Thiel's Bubble Theory Gains Relevance As Bitcoin Hovers Around $95K: 'Extremely Hard To Define'
As Bitcoin (CRYPTO: BTC) trades near $95,000, PayPal Holdings Inc. co-founder Peter Thiel‘s framework for identifying market bubbles offers crypto investors a timely analytical tool, drawing parallels between historical manias and current market ...
Tesla enters new year with laundry list of promises to fulfill after shocking market with its first-ever annual sales decline
Elon Musk's carmaker enjoyed an epic bull run since Trump's election—now he needs to prove he can in fact deliver on his 2025 milestone targets.
Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020
(Bloomberg) -- The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled below $3 trillion to the lowest since October 2020.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusB
Chinese stocks just had their worst start to the year in nearly a decade as economic woes persist
The CSI 300 index fell 2.9% on the first trading session of 2025, as investors see more economic trouble ahead in 2025.