News

South Korea's Finance Ministry said on Thursday that the government will activate 40 trillion won ($28.35 billion) worth of market stabilization fund, after President Yoon Suk Yeol's lifting of a martial law declaration affected financial markets. The Bank of Korea may purchase government bonds and expand repo operations if needed, and the government is closely monitoring markets and will deploy measures according to contingency plans if needed, the Finance Ministry said in a statement. ($1 = 1,411.1300 won)

Wall Street analysts were mostly bullish after the results, with several raising price targets for the stock on the excitement for the firm's AI tools.

Super Micro Computer’s stock (SMCI) has been at the center of controversy in recent months due to accounting fraud allegations from a short-selling firm, which caused its stock to plunge. While the long-awaited verdict on the case came out in Super Micro’s favor, leading to a rebound in the stock, there are still concerns connected to its growth story that prompt me to maintain a neutral stance for now. Although the stock’s valuations remain attractive, even after the recent rebound, this articl

Critics of Atkins, a proponent of lax crypto regulation, warn of risks to retail investors in another market crash.

Alex Cooper reveals a call with the podcasting-friendly Trump campaign. Plus, more influencer marketing M&A.

Financial professionals like to talk of "psychologically important" price levels for securities. Before we discuss that, let's do a little tour of recent Bitcoin history. If we cast our imaginations back to the long-ago, dark days of December 2023, Bitcoin was sailing along at about the low $40,000s.

The Dow Jones Industrial Average closed above 45,000 for the first time Wednesday, while the S&P 500