Based on analysis from Wall Street investment firm Bernstein, the iShares Bitcoin Trust could soar another 100% in 2025. The iShares Bitcoin Trust, unlike traditional ETFs, only invests in a single asset: Bitcoin. This enables it to track the daily price of Bitcoin on a nearly 1:1 basis.
HOUSTON (Reuters) -Oil prices settled lower on Tuesday, extending the previous day's losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil's risk premium. The accord between Israel and armed group Hezbollah was expected to take effect on Wednesday, U.S. President Joe Biden said. Israeli Prime Minister Benjamin Netanyahu said he was ready to implement a ceasefire and would "respond forcefully to any violation" by Hezbollah.
Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.
HP delivered fiscal fourth-quarter earnings that topped expectations, but an underwhelming forecast for the current quarter sent shares lower in extended trading Tuesday.
With Wall Street about to log off for what's effectively a four-day Thanksgiving holiday, trade tariff jitters are replaced by inflation angst as the Federal Reserve gets another price check. Although big automakers took a hit, broad U.S. stock indexes seemed unperturbed on Tuesday by President-elect Donald Trump's threat of 25% tariffs on imports from Canada, Mexico and China. With trading thinning this week, stocks are still feeding off assumptions about the extent of Trump's agenda of tax cuts, tariff rises and immigration crackdowns.
(Bloomberg) -- Panama’s credit score was cut by S&P Global Ratings, putting the Central American nation a step closer to losing its investment-grade status. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeS&P l
Analysts are bullish on stocks for the coming year, and Deutsche Bank's 2025 target is among the more optimistic on Wall Street
If you're looking for the best-positioned cryptocurrency today, look no further than Ethereum.
(Bloomberg) -- Stocks closed at all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks abating after Israel and Hezbollah reached a cease-fire agreement.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000
The S&P 500 added 0.6% on Tuesday, Nov. 26, as investors weighed the implications of President-elect Donald Trump's promise to impose new tariffs on Mexico, Canada, and China.
