Cathie Wood\'s ARK ETF published their daily trades for Thursday, March 21st, 2024, revealing a series of strategic moves that reflect the fund\'s dynamic investment approach. The day\'s transactions were headlined by a significant sell-off in Coinbase Global Inc (NASDAQ:COIN) and DraftKings Inc (NASDAQ:DKNG), while notable acquisitions included Meta Platforms Inc (NASDAQ:META) and Teradyne Inc...
United States Securities and Exchange Commission (SEC) Chair Gary Gensler may very well cost current President Joe Biden the White House in 2024 amid growing political tension with Republican frontrunner Donald Trump, Billionaire Mark Cuban alleged while speaking at Coinbase’s State of Crypto event on Thursday. Joe Biden’s Election Chances Fall On SEC Chair Gary...
In a CNBC interview, Michael Saylor asserted that acquiring one million Bitcoins within the next five years could significantly decrease the U.S. national debt by $16 trillion.Senator Cynthia Lummis has also introduced a bill to increase the nation’s digital asset reserves, which could face challenges in Congress due to Bitcoin’s volatility. In a time of...
German stocks held steady on Tuesday as investors reacted to a slew of earnings and awaited key U.S. inflation data this week for directional cues. The benchmark DAX was marginally higher at 17,743 after finishing on a flat note the previous day. Chemicals distributor Brenntag dropped 1.1 percent after lowering its full-year guidance. Consumer goods...
Indian shares opened on a positive note Friday as global bond yields declined on expectations that the U.S. Federal Reserve will cut interest rates this year to prevent a bigger slowdown in the world\'s largest economy. Federal Reserve Bank of Atlanta President Raphael Bostic said he continues to expect one interest rate cut this year...
German stocks traded higher on Wednesday amid little corporate or economic news. Across the Atlantic, traders eye the Federal Reserves July meeting minutes and preliminary revisions to U.S. labor data for clues on the Feds rate trajectory. The dollar dipped against major currencies, tracking overnight declines in U.S. Treasury yields as investors brace for Fed...
French stocks were seeing modest gains on Tuesday ahead of final inflation figures from the euro area due later in the day. The benchmark CAC 40 was up 12 points, or 0.2 percent, at 7,514 after climbing 0.7 percent in the previous session. The dollar hovered near a seven-month low amid bets the U.S. Federal...
Bitcoin mining bans in eco-friendly regions may drive operations to higher-emission areas, potentially worsening global carbon output.Varied national policies on mining could have unintended consequences, raising the need for balanced regulatory approaches. A recent report from Exponential Science, shared via a Yahoo Finance post, warns that well-meaning efforts to curb Bitcoin mining in low-carbon-emission nations...
Balchem Corporation (NASDAQ:BCPC) reported a strong performance in sales and earnings, driven by its minerals and nutrients business as well as the food and beverage markets. Despite facing challenges in the Animal Nutrition & Health segment in Europe and North America, the company expressed optimism about growth potential in the latter half of 2024. The...
The Bank of England is likely to lower its interest rate from a 16-year high on Thursday but it will be a very close call. The Monetary Policy Committee is expected to trim the bank rate by 25 basis points to 5.00 percent. This will be the first reduction since the onset of the pandemic....