(Bloomberg) -- Oil rose in thin end-of-year trading, with investors assessing the outlook for 2025 while tracking developments in the Middle East.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024West Texas Intermediate climbed 1.4% to settle near $71 a barrel, while Brent topped $74. A gauge of 10-day volatility for WTI ebbed to the lowest since July. In the Middle East, Israel struck targets in Yemen that it said were controlled by Houthis, including power sta
Bitcoin Options Worth Over $14 Billion Expired Today, One Of The Biggest Events In History: Here's What Crypto Investors Should Expect
The cryptocurrency market could experience major volatility following the largest Bitcoin (CRYPTO: BTC) options expiry in history on Friday. What Happened: According to leading cryptocurrency derivatives exchange Deribit, Bitcoin options contracts, with nearly $14.38 billion in notional value expired at 3:00 a.m. ET. This figure accounted for 70% of the total Open Interest for BTC options across different expiration dates. Don’t Miss: It’s no wonder Jeff Bezos holds over $70 million in art — thi
Airline stocks had an incredible 2024
Despite opening the year with a door plug blowout whose fallout reverberated throughout the industry, U.S. airlines had a pretty good year in the stock market. Bloomberg reports that the S&P Supercomposite Airlines index rose 57% this year, beating the S&P 500 by more than 30 percentage points — the biggest such gap in a decade.
These 3 stocks are soaring as the U.S. rushes to patch its electrical grid
Much of the grid was built over 50 years ago, and AI data centers are just one reason energy demand has skyrocketed.
Solana Pioneer Sued by Ex-Wife for Millions in Crypto Returns
(Bloomberg) -- A co-founder of Solana, one of the biggest blockchain platforms in the world, is locked in a legal battle with his former wife over the gains from a cache of lucrative SOL tokens.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Stephen Akridge was accused by his ex-wife, Elisa Rossi, in a lawsuit of stealing “millions of dollars” in income yielded from her digital wallet holdings of Solana, the sixth-largest cryptocurrency by market value. Akridg
Why Is Coeptis Therapeutics Stock Falling On Friday?
Coeptis Therapeutics Holdings, Inc. (NASDAQ:COEP) shares are trading lower on Friday. The firm announced plans to implement a 1-for-20 reverse stock split, which will take effect on December 31. The decision follows authorization from the company's board of directors and majority stockholders. The reverse stock split aims to help the company meet the Nasdaq Capital Market's minimum bid price requirement of $1.00 per share, which is necessary to maintain its listing on the exchange. Also Read: 3
Paraguay Central Bank Chief Sees 6% Key Rate Cooling Inflation
(Bloomberg) -- Paraguay’s central bank sees its current benchmark interest rate of 6% slowing price increases to its new target as soon as the middle of 2026, Chairman Carlos Carvallo said in an interview. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Carvallo, 56, didn’t rule out hiking or easing rates if needed to reach the new 3.5% inflation target, while the monetary authority estimates prices will rise 3.7% next year, a tick higher than this year. “With