KULR Technology Buys Another 56 Bitcoin for $5M, Takes Holdings to 668 BTC
The company's average acquisition cost is now roughly $97,300 per bitcoin.
EToro Files for IPO After Crypto Drives 2024 Revenue Surge
The trading platform is aiming to raise up to $400 million at a valuation of roughly $4.5 billion.
Fed's Kugler: Uptick in goods inflation 'unhelpful'
The recent surge in inflation expectations reflected in surveys of American consumers also warrants close attention, Kugler said in remarks prepared for a U.S. Hispanic Chamber of Commerce event in Washington. Based on readings of the Consumer Price Index and Producer Price Index released earlier this month, Kugler said it is estimated that the Personal Consumption Expenditures price index the Fed uses to guide its 2% target climbed at a 2.5% pace year-over-year in February, the same as in January.
Rumble’s (NASDAQ:RUM) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses Expectations
Video sharing platform Rumble (NASDAQGM:RUM) announced better-than-expected revenue in Q4 CY2024, with sales up 48.2% year on year to $30.23 million. On the other hand, next quarter’s revenue guidance of $22.17 million was less impressive, coming in 11.6% below analysts’ estimates. Its GAAP loss of $1.15 per share was significantly below analysts’ consensus estimates.
Top traders see oil market well supplied, soft prices this year
LAUSANNE (Reuters) -Executives from the world's top commodity trading houses expect a well-supplied oil market this year, with concerns remaining over global demand growth. Oil prices could continue to soften as global supply rises, including with the Organization of Petroleum Exporting Countries and allies (OPEC+)'s plan to unwind voluntary output cuts in coming months, the executives said speaking at the FT Commodities Global Summit in Lausanne. "There are some threats to supply, but by and large there is adequate supply for the next couple of years," said Vitol Chief Executive Russell Hardy.
DJT stock price: Trump Media shares rise on Crypto.com ETF partnership
The company that owns Trump’s Truth Social platform aims to launch ETFs with a “Made in America” focus. Shares are up, but details are scarce.
Exclusive: BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize
The world’s largest asset manager first launched its money market fund on the Ethereum blockchain.
Fed hands Tennessee bank a cease-and-desist order
The central bank identified weaknesses in Frankewing Bancshares’ operations, including its inability to provide financial and managerial support to the bank.
UBS’s Top Strategist Sees Consumer Slowdown Hitting S&P 500
(Bloomberg) -- The chief strategist at UBS Investment Bank said the “visibly tiring” US consumer is set to further pressure stock prices, setting the stage for another 8% slump in the S&P 500. 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?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Stree
