If tokens carry on sliding, that could spark a flurry of sales by shorter-term investors.
1 minute read
Bitcoin, Ethereum, XRP prices slide after Monday’s sharp selloff.
2 minute read
Crypto stocks Strategy and Coinbase dropped after a sharp selloff in some of the world's largest tokens.
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There was no obvious factor dragging prices lower, although investors may have been taking the chance to lock in some profit.
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Shares in so-called crypto treasurers have surged this year, with investors looking for more exposure to digital assets.
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Markets have entered wait-and-see mode ahead of the Federal Reserve's policy decision on Wednesday.
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The crypto brokerage firm is joining a recent spate of initial public offerings.
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The success of several high-profile IPOs this year means investors have gotten used to seeing eyewatering pops on day one.
3 minute read
Latest inflation data unlikely to derail Fed, Trump pushes to remove Lisa Cook, Paramount Skydance looking at Warner Bros. Discovery bid, and more news to start your day.
Long Read
The fintech priced its IPO above the offering range. And unlike some other unicorns, it’s already profitable.
4 minute read
The fintech raised $1.37 billion from the sale. At the closing price of $45.82 a share, Klarna’s valuation is $17.4 billion.
3 minute read
The exchange operator is taking another step into the crypto world with a stake in Gemini, a company backed by the Winkelvoss brothers.
2 minute read
Echostar’s spectrum sale, StubHub revives IPO plans, Pfizer says new Covid shots are effective, and more news to start your day.
Long Read
The market valuation of the online-trading platform, and advertising technology company, are key to the Monday rally.
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Trump’s approval ratings fall, Klarna, Gemini set to debut, Apple’s product event is coming, and more news to start your day.
Long Read
Senate takes up Miran nomination, ConocoPhillips is slashing jobs, Figma earnings disappointed, and more news to start your day.
Long Read
Global bond rout deepens, Trump tariffs are back in limbo, food giants are struggling, and more news to start your day.
Long Read
Klarna is targeting a valuation of up to $14 billion, according to a filing with the SEC.
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Alibaba jumps on a report the Chinese e-commerce conglomerate has developed a new artificial-intelligence chip, while both Marvell and Dell fall following quarterly earnings reports that left investors disappointed.
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Affirm Holdings’ quarterly revenue rises 33% to $876 million and handily tops analysts’ estimates.
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Several banks in Germany have halted PayPal transactions following a technical issue, according to a report.
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These stocks benefit from a bull market. When the rally ends is another story.
3 minute read
Digital assets have struggled in recent weeks, sliding due to investors taking profit.
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Furniture stocks like Wayfair and Williams-Sonoma fall after President Donald Trump says the U.S. would be launching an investigation into tariffs on furniture imports.
4 minute read
The robo from Interactive Brokers got a boost from international stocks, while Robinhood’s robo is picking individual stocks.
Long Read