• Apr 16, 2025

Trump energy boss’s company plunging 40% is a warning for US oil production

(Bloomberg) -- Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing bright red.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceLA County Floats Leaner Budget Burdened by Fire and Legal CostsLiberty Energy Inc., which Wright led until his appointment to Trump’s cabinet, has tumbled

• Apr 16, 2025

Semler Scientific Reports $42 Million Loss on Bitcoin, Plans $500 Million Stock Sale

Semler Scientific, a healthcare technology firm, has reported significant paper losses on its Bitcoin investments, amounting to approximately $41.8 million since Dec. 31, 2022.

• Apr 16, 2025

ASML Stock Falls on Weak Bookings, Soft Sales Outlook

ASML Holding shares fell in premarket trading Wednesday after the Dutch manufacturer of semiconductor-producing machinery reported worse-than-expected first-quarter net bookings and issued a soft current-quarter sales outlook.

• Apr 16, 2025

Movado’s (NYSE:MOV) Q4 Earnings Results: Revenue In Line With Expectations, Stock Jumps 20.7%

Luxury watch company Movado (NYSE:MOV) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 1% year on year to $181.5 million. Its GAAP profit of $0.36 per share was 7.2% below analysts’ consensus estimates.

• Apr 16, 2025

Global stocks decline as U.S. imposes ban on Nvidia exports to China

The U.S. bond market could come under further pressure, according to a research note published by JPMorgan.

• Apr 16, 2025

Prediction: This Will Be the Best Cryptocurrency Investment of 2025

At a time when many cryptocurrencies are losing value, the single best crypto investment opportunity of 2025 could turn out to be stablecoins. What is a stablecoin? The easiest way to think about stablecoins is that they are digital dollars.

• Apr 16, 2025

Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses

STH MVRV dropped to 0.82, signaling investor stress — while long-term holders quietly accumulate.

• Apr 16, 2025

Global economic growth could slow to 2.3% due to trade tensions, says UN trade agency

GENEVA (Reuters) -Global economic growth could slow to 2.3% as trade tensions and uncertainty drive a recessionary trend, the UN Trade and Development (UNCTAD) agency said on Wednesday. "Global growth is projected to slow to 2.3% in 2025, placing the world economy on a recessionary path," UNCTAD said, citing a report it published on the trade and development outlook for this year. The global economy grew 2.8% in 2024, it said.

• Apr 16, 2025

In a fog of uncertainty, Fed policy storm could be approaching

U.S. Federal Reserve officials, in agreement that President Donald Trump's tariffs have unmoored their sense of the economy's direction, may face an intense internal debate about the right monetary policy response, including balancing any conflicts between their inflation and employment goals. In the weeks since Trump announced then paused a stiff set of global import taxes, Fed officials including Chair Jerome Powell have acknowledged they may be forced to choose between ensuring inflation stays controlled as tariffs potentially drive prices higher or focus on supporting jobs with growth seen weakening in the face of widespread household and business uncertainty and softening demand. That fork in the road may be weeks or months in arriving, allowing the Fed for now to continue with interest rates where they are until it is clear what Trump finally decides and what impact it will have on jobs, prices and the outlook.

• Apr 16, 2025

Best money market account rates today, April 16, 2025 (Secure up to 4.41% APY)

Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.