Bitcoin

Bitcoin
Bitcoin

Dow closes 130 points lower as Treasury yields hit multiyear highs

US stocks ended lower on Tuesday as Treasury yields climbed to fresh multiyear highs, while investors assessed the outlook for interest rates ahead of key inflation and labour market data. The Dow Jones Industrial Average fell 136 points, or 0.26%, to 51,345.41. The S&P 500 declined 0.14% to 7,672.57, while the Nasdaq Composite slipped 0.08%

Read More
Bitcoin

Dow falls 344 points as rising yields pressure tech stocks

US stocks fell on Monday as rising oil prices and Treasury yields weighed on equities, while investors assessed uncertainty around the prospects for a US-Iran peace deal and its potential impact on Federal Reserve policy. The Dow Jones Industrial Average fell 343.78 points, or 0.66%, to 51,484.84. The S&P 500 declined 0.76% to 7,684.41, while

Read More
Bitcoin

House divided: Inside the Tata Group boardroom war over Chandrasekaran and IPO plans

India’s 158-year old Tata Group is facing an unusually public battle over control, strategy and governance as the board of Tata Sons, the group’s principal investment holding company, finds itself at odds with the Tata Trusts, which control the company. The dispute, involving Tata Sons chairman N Chandrasekaran and Tata Trusts chairman Noel Tata, has

Read More
Bitcoin

Oil slips to $106 as US, Iran weigh phased deal to reopen Strait of Hormuz

Oil prices fell Friday as reports that US and Iranian negotiators are exploring a phased deal to reopen the Strait of Hormuz eased some supply concerns. Brent crude was trading at $106.03 a barrel, down 0.53%, as of late Friday morning. It had opened at $107.06 and traded in a range of $104.40 to $107.17

Read More
Bitcoin

Nike stock still hasn’t bottomed, analyst warns

Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered her price target on NKE to $30, signalling potential downside of another 15% from current levels. Her bearish call is particularly significant given Nike stock

Read More
Bitcoin

Warby Parker stock is jumping today, but growth and valuation risks remain

Warby Parker stock climbed as high as $26.95 today, their strongest level since August 24. The stock has rallied more than 15% from its low earlier this week, lifting its market capitalization to $2.89 billion. Even so, WRBY remains one of the most heavily shorted consumer stocks, which suggests many investors still expect the shares

Read More
Bitcoin

TripAdvisor stock is in a freefall as headwinds mount: can it hit $5?

TripAdvisor stock continues its strong freefall and reached its lowest level on record, with its market capitalization falling from over $15 billion to $998 million today. This sell-off has accelerated this week as investors predict that Muse and other AI agents. So, will the stock continue falling or bounce back? Why TripAdvisor stock is falling

Read More
Bitcoin

1789 Capital is raising $3 billion: here are companies in its portfolio

Donald Trump Jr.’s 1789 Capital is firing on all cylinders this year, with returns surging. The firm is now in talks to raise $3 billion for a new fund as it seeks to capitalize on opportunities in key areas of the economy. The firm, where President Donald Trump’s oldest son serves as a partner, has

Read More