Oil loading slows at Venezuela's ports amid US tariffs, license termination, data shows
(Reuters) -Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there, according to shipping data and a document seen on Tuesday. On Monday, U.S. President Donald Trump's administration published an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S. starting in early April. Washington also extended until May 27 a deadline for Chevron to wind down operations in Venezuela.
Better Crypto Buy: XRP (Ripple) vs. Solana
In one corner, XRP (CRYPTO: XRP) backed by Ripple, aims to revolutionize the traditional financial system with its blockchain-based payment alternative. On the other side of the ring, Solana (CRYPTO: SOL) is fueling the Web3 revolution with its lightning-fast network, home to a growing number of decentralized apps (dApps), smart contracts, and even meme coins. XRP has outperformed recently, up 14% year to date as I write this, in sharp contrast to the volatility facing Solana, down about 33%.
Erdogan Treads Carefully to Quell Protests and Calm Markets
(Bloomberg) -- Turkish President Recep Tayyip Erdogan is taking steps to ensure protests across the country don’t worsen and to contain a rout in financial markets, even as he turns the screws on opponents.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysParis Votes to Make 5
Citi Wealth chief investment officer says she would not put any more money in stocks right now
“The equity market is going to be caught in more of a trading range in the near term as...policy fears bounce us around,” Citi’s Kate Moore said.
Tesla bull Cathie Wood says it isn’t just Elon Musk’s politics that are causing Tesla’s ‘demand hit.’ It’s also a bad economy
Earlier this week, Wood issued a major bull call on Tesla, expecting its stock to rise roughly 10 times over the next five years.
Top Stock Movers Now: CrowdStrike, Wynn Resorts, KB Home, and More
U.S. equities mostly gained at midday on continued optimism about tariffs and a solid increase in home prices.
Bullish Oil Options Wagers Surge as Trump Ramps Up Sanctions
(Bloomberg) -- Traders have been snapping up bullish oil options to hedge against the risk that US sanctions will cause prices to spike.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysHow SUVs Are Making Traffic WorseAbout 231,000 Brent calls traded on Monday — the most sinc
Wall Street Sees Stock Rout Ending, While European Rivals Are Not So Sure
(Bloomberg) -- There’s a geographical divide growing in views of the stock market, with European banks more skeptical than their generally sanguine US rivals.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysParis Votes to Make 500 More Streets Car-FreeStrategists at Switzerla
eToro IPO: Crypto and stock trading platform’s ETOR shares to list on Nasdaq in latest fintech public debut
The Israel-based ‘social trading’ platform confirmed its SEC filing today, although it did not name a share price.