News

Due to the Bybit hack worth $1.4 billion, Q1 2025 has proven to be the worst quarter ever in the history of crypto hacks.

Shares of Winnebago Industries surged Thursday after the maker of recreational vehicles posted quarterly results that topped analysts' estimates.

The asset management film BlackRock has reported owning Bitcoin ETF shares worth $47.4 million as of Jan. 31, 2025

(Bloomberg) -- An election promise by Canada’s Conservative Party that would allow individuals to avoid income taxes on some investments in domestic companies is being lauded in Toronto’s financial district.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesAffordable Housing Developers Stalled by Blocked Fede

Shares of U.S. and international automakers tumbled on Thursday after President Trump declared a 25% tariff on imported vehicles and, eventually, auto parts.

"Tesla would be less exposed to tariffs as their production and assembly is all in the US."

Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer's shares also gave up all their gains from a day earlier and were on track for their biggest one-day fall since last June, after the company said it was offering $1.3 billion in 0% 2030 convertible bonds to amass the cryptocurrency. However, GameStop also announced the closing of a "significant number" of additional stores this year, signalling that its retail business continued to flounder despite attempts to turn it around.