• Dec 12, 2024

BlackRock recommends bitcoin portfolio weighting of up to 2% for interested investors

(Reuters) -BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday. "We see a case for investors with suitable governance and risk tolerance to include bitcoin in a multi-asset portfolio," a team of four senior BlackRock executives including Samara Cohen, chief investment officer of ETFs and Paul Henderson, senior portfolio strategist of BlackRock Investment Institute, said in the short report.

• Dec 12, 2024

Analyst resets Amazon stock price target after conference

Here's what could happen next to Amazon shares.

• Dec 12, 2024

Bitcoin At $100K, BlackRock's Big Moves, Ripple’s Stablecoin Approval & More

This week in crypto: Bitcoin hit a huge milestone, closing above $100K for the first time, though volatility and $1.8 billion in total crypto liquidations shook the market. BlackRock’s IBIT made headlines with a massive $398.6 million BTC purchase, while Ripple’s new stablecoin, RLUSD, was finally approved by the NYDFS. El Salvador discovered $3 trillion in unmined gold, and may change its Bitcoin law as part of an IMF deal. Plus, Google’s quantum breakthrough raised new concerns about Bitcoin’s

• Dec 12, 2024

Investors might want to dial back the exuberance if they want the stock market rally to continue in 2025

Bullishness is soaring as the market wraps up 2024. "It is reasonable to wonder who might be left to push the market higher."

• Dec 12, 2024

There's a sign flashing in the labor market that the US may be slipping into a recession, SocGen says

"Either this time is different, or the US might just be slip-sliding into a profits crushing recession," SocGen's Albert Edwards said.

• Dec 12, 2024

Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ

Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.

• Dec 12, 2024

Ranger Finance Targets Crypto Perps Traders of 'Size' on Solana

Solana's first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.

• Dec 12, 2024

With Fed rate cut looming, bitcoin holds above six-figure mark

Market analysts believe bitcoin might soon rally to $120,000.

• Dec 12, 2024

US Producer Prices Jump on Eggs But Fed Categories Come in Soft

(Bloomberg) -- US wholesale inflation unexpectedly accelerated in November on a surge in egg prices, while other categories suggested a muted increase in the Federal Reserve’s preferred price gauge.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamThe producer price index for final demand ros

• Dec 12, 2024

Stock market today: Indexes slip after wholesale inflation comes in hotter than expected

Indexes dipped slightly on Thursday, with the Nasdaq pulling back from records. A slightly hot PPI report didn't derail the outlook for a rate cut next week.