News

Glauber Contessoto calls Elon Musk’s favorite crypto a “cultural icon."

Oppenheimer analysts on Monday put a price target on Coinbase shares that is among the highest on Wall Street.

(Bloomberg) -- Israel’s central bank left interest rates unchanged as it weighs a war-related economic slowdown and quickening inflation.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn 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 PledgeThe Bank of Israel held its base case rate at 4.5% on Monday, in line with t

The index has gained more than 8% since the Nov. 5 U.S. presidential election. Expectations that Trump, along with a Republican Congress, can make good on his promise of lower taxes, import tariff hikes and less rigid regulations have been the latest tailwinds for this group of stocks. Small cap companies have been in the spotlight since the U.S. Federal Reserve commenced its monetary policy easing cycle in September, as investors expect them to perform better in a low-interest-rate environment.

Companies have pledged to invest more than $1 trillion in U.S. industries such as semiconductors and clean energy during the Biden administration, the White House said on Monday, citing the passage of three critical laws in recent years. U.S. President Joe Biden has cited the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act as helping to push his sweeping infrastructure agenda and create more jobs nationwide. "We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring," Biden said.

As Bitcoin approaches $100,000, you may be looking to get in on the action. Here’s how.

(Bloomberg) -- MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasUsing the proceeds from a $3 billion convertible note issue and common share sales, the Tysons Corner, Virginia-based firm acquired 55,500 tokens from