The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7. Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors … Read more
Check out the companies making headlines in midday trading: Costco — Shares shed nearly 7% after the retail giant’s earnings for the second quarter missed Wall Street estimates. Costco reported earnings of $4.02 per share for the period, below the $4.11 per share that analysts surveyed by LSEG were expecting. Second-quarter revenue, however, topped estimates. … Read more
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme Jennings | Pool via Reuters Sen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide … Read more
Bitcoin (BTC) rebounded off the intraday low on March 7 and is trying to claw back above the $90,000 resistance, indicating buying at lower levels. Bitcoin sold off after the US Strategic Bitcoin Reserve executive order signed by US President Donald Trump fell short of expectations. However, some analysts consider the reserve formation to be … Read more
Bitcoin (BTC) rebounded off the intraday low on March 7 and is trying to claw back above the $90,000 resistance, indicating buying at lower levels. Bitcoin sold off after the US Strategic Bitcoin Reserve executive order signed by US President Donald Trump fell short of expectations. However, some analysts consider the reserve formation to be … Read more
President Donald Trump listens during a Cabinet meeting at the White House on Feb. 26, 2025. Andrew Harnik | Getty Images News | Getty Images The Trump administration’s purge of federal staff may flood an unemployment benefits system ill-equipped to handle the deluge, triggering delays in aid for jobless workers, according to a new report. … Read more
A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol Morris, chronicles the rise of academic finance in the middle of the twentieth century and how it led to … Read more
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Last month, family offices made at least 48 direct investments, double that of the month prior, according to data … Read more
Check out the companies making headlines before the bell: Broadcom — Shares of the chipmaker jumped 10% after the company’s fiscal first-quarter results beat Wall Street’s estimates on both the top and bottom lines. Broadcom also issued rosy guidance for the current quarter. The company forecasts second-quarter revenue of $14.9 billion, above the $14.76 billion … Read more
Solana (SOL) has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market. SOL/USD four-hour price chart. Source: TradingView Top reasons driving the SOL prices lower today include: Digital Asset Stockpile fails to impress SOL bulls Solana’s price tumbled today as crypto markets reacted … Read more