Last week, the crypto world was buzzing with big names and bigger moves. Eric Trump, a key figure in the Trump Organization, came out swinging in favor of Bitcoin. He believes it could shake up the old-school banking system, making big money moves without the usual fees. This isn't just about one pe
The crypto world is keeping a close eye on the US Senate's recent budget deal. This agreement could finally put an end to the longest government shutdown in history. The deal, which has enough votes to pass, is a big step towards reopening the government. Bitcoin's price has been on a wild ride dur
The investment world is seeing a big change. The number of top-performing assets is shrinking. Only a few types of stocks are doing well right now. These include big tech companies, high-risk stocks, and innovative tech. But one big name is missing from this list: Bitcoin. Bitcoin had a great run.
October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose
The market took a tumble this week, but some investors see this as a chance to grab tech stocks at a discount. Concerns about a potential economic slowdown and high stock prices sent ripples through the market, pulling down major tech players and dragging the Nasdaq Composite to its worst week since
Senators Ron Wyden and Elizabeth Warren are asking tough questions about Frank Bisignano's time as Fiserv's CEO. They want to know if he played a part in the company's recent struggles and if he was honest with investors about Fiserv's financial outlook. Fiserv's stock took a big hit last week. Thi
Trump Media and Technology Group, the company behind Truth Social, has been making some bold moves in the crypto and AI worlds. They've got a lot of money in the bank, over $3 billion, and they're not afraid to spend it. Their CEO, Devin Nunes, says they're building something strong and independent,
Ruger, a well-known firearms manufacturer, recently reported a significant drop in its third-quarter profit. This decline was primarily driven by higher expenses, which have put a strain on the company's financial performance. The increase in costs has been a major factor in reducing Ruger's profita
DraftKings, a big name in sports betting, recently shared its third-quarter results. They weren't great. An expert, Jordan Bender, kept a positive rating on the company but admitted the betting part was a mess. He said it was "ugly. " That's not a good sign. The company spent more on promotions, bu
