The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle […]
Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop Read More »
Jakub Porzycki | Nurphoto | Getty Images Bitcoin spiked on Wednesday afternoon after President Donald Trump said on social media that he authorized a 90-day pause on tariffs. The price of the flagship cryptocurrency was last higher by more than 7% at $82,350.37, according to Coin Metrics. Earlier, it fell as low as $74,567.02 as
Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs Read More »
Thomas Fuller | Sopa Images | Lightrocket | Getty Images The fintech sector is rallying Wednesday following the Trump administration’s announcement of a 90-day pause on planned tariffs. Affirm was up 20%, Toast and Block rose 13% and PayPal increased 10%. The 90-day pause doesn’t eliminate the threat of tariffs — it just delays it.
Affirm surges 20% as fintech rallies on tariff pause, but risk remains Read More »
CEO of Apple Tim Cook speaks at an event in 2022. Jerod Harris | Getty Images Entertainment | Getty Images Apple shares rallied more than 3% Tuesday after the iPhone maker posted its worst four-day losing stretch since 2000. The rise came amid a broader rally in technology stocks and on the heels of a
Apple bounces 3% after worst losing streak since 2000 Read More »
Elon Musk (L), and Peter Navarro (R). Reuters As Tesla shares plummeted for a fourth straight day, CEO Elon Musk let loose on President Donald Trump’s top trade advisor Peter Navarro. Musk, the world’s richest person, started going after Navarro over the weekend, posting on X that a “PhD in econ from Harvard is a
Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day Read More »
Department of Justice Headquarters in Washington, D.C. on April 18, 2022. Kent Nishimura | Los Angeles Times | Getty Images The U.S. Justice Department abruptly shut down its National Cryptocurrency Enforcement Team, signaling a major shift in how the federal government will handle crypto-related crimes going forward, according to a memo obtained by NBC News
DOJ ends crypto enforcement team, shifts focus to terrorism and fraud Read More »
Technology stocks bounced Tuesday after three rocky trading sessions, spurred by rising optimism that President Donald Trump could potentially negotiate tariff deals with world leaders. Nvidia led the Magnificent Seven group’s gains, rallying about 7%. Meta Platforms, Amazon, Tesla, Apple and Microsoft jumped at least 4% each. Alphabet rose about 3%. The sector is coming
Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7% Read More »
A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Zipline, a startup that delivers everything from vaccines to ice cream via electric autonomous drones, expanded its service to the Dallas area on Tuesday through a partnership
Drone delivery startup Zipline expands to Texas with Walmart partnership Read More »
Jakub Porzycki | Nurphoto | Getty Images Ripple on Tuesday said that it’s agreed to buy prime brokerage firm Hidden Road for $1.25 billion, in the crypto startup’s biggest acquisition to date. Founded in 2018, Hidden Road offers clearing, prime brokerage and financing services across foreign exchange, digital assets, derivatives, swaps and fixed income. It
Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion Read More »
(L-R) Apple CEO Tim Cook, Vivek Ramaswamy and Secretary of Homeland Security nominee Kristi Noem attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images While the stock market broadly fared
Apple’s 3-day loss in market cap swells to almost $640 billion Read More »
