Financial technology and crypto firms are increasingly applying for state or national bank charters, despite the community’s historical resistance to centralized banking.
In this edition: What the “DHL Trade Atlas 2025” report forecasts, and the unofficial start to produce season has arrived. The post Check Call: DHL looks at the global freight market appeared first on FreightWaves.
Shares of Corning, a beneficiary of the artificial intelligence (AI) boom, rose about 1% Tuesday after the specialty glass maker raised its longer-term and first-quarter outlooks.
(Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it.
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%.
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 7.1% in the morning session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%. This could be a bit of a letdown for the dovi
Apple stock has fallen roughly 18% from its record close in December, shedding more than $700 billion off of the iPhone maker’s market cap as investors scrutinize the company’s AI play.
Dip buyers came out in spades last week, according to client fund flow data from Bank of America.
Shares of Stoke Therapeutics sank Tuesday as the drugmaker said its CEO Dr. Edward Kaye is stepping down from his role.
By using Bitcoin as collateral, qualifying Xapo Bank members can access USD funds without selling their assets.
