UGW

2024/11/15

MicroStrategy’s $26 Billion Bitcoin Cache Is Larger Than IBM, Nike Cash Holdings

Only about a dozen S&P 500 members hold more financial assets. It is the best performing major US stock since buying began

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2024/11/12

Elon Musk Has a New Project to Run: Trump’s Government

After plowing at least $132 million into the president-elect’s campaign, the richest man in the world is about to treat the US government as if it were a money-losing social network.

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2024/11/10

Wall Street’s ‘Trump Trades’ Keep Powering Ahead: Markets Wrap

S&P 500 above 6,000, with small caps at highest since 2021. Bitcoin tops $87,000 mark; US dollar hits one-year high

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2024/11/07

Trump’s Election Win Wakes Up Sleepy Decentralized-Finance Cryptocurrencies

Covering how Donald Trump's return to the White House is breathing new life into sleepy corners of the cryptocurrency market.

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2024/11/06

IPO Market Holdouts Look to 2025 as Trump Retakes White House

Victory removes uncertainty, makes deregulation more likely. Small-caps, Bitcoin rally as investors lean into risky assets

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2024/11/05

Trump Wins US Presidential Election in Extraordinary Comeback

Republican flipped key swing states in return to White House. Trump pledges swift action on immigration, taxes and tariffs

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2024/11/03

Harris, Trump Hit Battlegrounds as Polls Signal Tight Finish

Trump tells Pennsylvania crowd he ‘shouldn’t have left’ office. Harris visits Detroit church, businesses to spur Black voters

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2024/11/01

Traders Amp Up Bullish Bets on Dollar Before Pivotal US Election

Hedge funds, asset managers hold $18b in bullish bets: CFTC. Long dollar positions have been increasing ahead of vote

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2024/10/29

Trump and Harris Talk Immigration on Campaign Trail

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2024/10/25

Charting the Global Economy: IMF Lowers Global Growth Forecast

The International Monetary Fund shaved its global growth forecast for next year, citing accelerating risks from wars and trade protectionism.

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2024/10/24

Musk Gives at Least $132 Million to Elect Trump, GOP Allies

Trump has said he wants Musk to take a role in his White House. Musk’s PAC got support from Nelson Peltz, DeVos family

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2024/10/21

Bitcoin Options Traders Eye $80,000 No Matter Who Wins US Election

Implied volatility on options around election day has jumped. Bets heavily skew toward calls with record high strike prices

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2024/10/15

Why Wall Street Is Warming to the Tokenization of Assets

Cryptocurrencies were invented in the heat of the 2008-2009 financial crisis to provide an alternative to banks. Many banks and financial institutions on Wall Street that initially scoffed at the dreams of devotees known as “cypherpunks” some 15 years ago are now not only in the cryptocurrency business, they’re also beginning to adopt the underlying blockchain technology.

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2024/10/09

Almost Half of Traditional Hedge Funds Are Dabbling in Crypto

That’s up from 29% last year, per new AIMA and PwC report. Many traditional hedge funds are active in crypto derivatives

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2024/10/08

AI’s Thirst for Power Turns Utility Stocks Into Big Tech Proxies

Vistra’s 220% jump this year beats Nvidia’s performance. Constellation shares have taken off since Microsoft deal

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2024/10/04

Trump’s Election Bid Is a Wild Card as Supreme Court Term Opens

Court returns with cases on ‘ghost guns’, trans care on agenda. Presidential election disputes may wind up before justices

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2024/10/03

The Fed Needs to Tread Carefully in Twitchy Money Markets

Banks are getting closer to becoming more vulnerable to tipping points in liquidity and lending capacity.

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2024/10/03

Crypto May Be Surprise Winner of US Election, Regardless of Next President

Regardless of who wins the US presidential election, Suvashree Ghosh believes crypto will come out on top.

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2024/10/01

Elon Musk and Mark Cuban Agree on One Thing: Dogecoin Is No Longer a Joke

King of memecoins becomes popular among small businesses. Musk hints Dogecoin may be accepted for Tesla merch again

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2024/09/24

Harris to Offer Pitch to Boost Manufacturing in Play for Voters

Vice president to target blue-collar workers in Pennsylvania. Trump, Harris ramping up economic messages with focus on jobs

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