FRANKFURT (Reuters) -Rheinmetall, Europe's biggest ammunition maker, has overtaken the continent's top carmaker Volkswagen in terms of market value, in the latest sign of soaring investor demand for defence stocks. Defence stocks across Europe have sky-rocketed in recent weeks, driven by the continent's efforts to ramp up military spending in response to U.S. pressure and policy shifts.
The "Magnificent Seven" stocks have dominated market conversation this month. They're not the only names getting hit hard during this market sell-off.
Bitcoin surged past $84,000 on Wednesday after new inflation data showed consumer prices rose less than expected in February, easing fears of aggressive Federal Reserve rate hikes.
The GENIUS Act, introduced by Tennessee Senator Bill Hagerty on Feb. 4, 2025, aims to regulate stablecoins like Tether’s USDT and Circle’s USDC.
A cryptocurrency trader lost over $308 million after their 50x leveraged Ether position was liquidated, showing the dangers of high-risk trading in volatile markets.
Binance, the world’s largest cryptocurrency exchange, has secured a $2 billion investment from Abu Dhabi-based investment firm MGX.
“Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.
Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.
Police in the Indian state of Kerala arrested a Lithuanian national who is wanted in the US for running Garantex, a sanctioned crypto exchange.
Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street’s bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol. The swings for stocks have been coming not just day to day but also hour to hour, and the Dow hurled between a slight gain and a drop of more than 445 points during Thursday morning's trading.
