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MicroStrategy shares drop 8% after year-end Bitcoin buy, raising concerns over ‘leveraged’ strategy
MicroStrategy shares plunged more than 8% following the recent $209 million purchase of Bitcoin. Investors worry that the company will take on too much debt for these purchases. The Bitcoin purchase happened just an hour before the Nasdaq opened at 2:30 pm UTC. In that hour, MicroStrategy’s stock fe
Cryptopolitan
Dec 31, 2024
EUR/USD maintains position above 1.0400, volumes remain light on New Year Eve
EUR/USD gains ground on Tuesday, trading near 1.0410 during the Asian session after posting losses on the previous day. The EUR/USD pair's rebound can be attributed to a subdued US Dollar (USD) following weaker Treasury yields.
Fxstreet
Dec 31, 2024
Famed investor Bill Ackman expects Trump to privatize Fannie Mae, Freddie Mac
Investing.com -- Fannie Mae and Freddie Mac surged Monday after famed investor Bill Ackman said he expects President-elect Donald Trump to privatize the two government sponsored enterprises, potentially leading to their public listing around 2026.Investing.com
Dec 31, 2024
Nvidia to open-source Run:ai after finally closing its acquisition
US chipmaking firm Nvidia has finally closed the $700 million acquisition of Run:ai, an Israeli software company that makes it easier for customers to orchestrate GPU clouds for AI, after facing some regulatory obstacles.Cryptopolitan
Dec 31, 2024
Japanese Yen receives support from odds of BoJ raising rates following Tokyo CPI
The USD/JPY pair remains subdued as the Japanese Yen (JPY) strengthens on the likelihood of the Bank of Japan (BoJ) raising interest rates in January following the release of Tokyo Consumer Price Index (CPI) inflation data last week.
Fxstreet
Dec 30, 2024
Silver Price Forecast: XAG/USD bounces back to near $29.50 due to increased risk aversion
Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $29.50 per troy ounce during the Asian hours on Monday. However, trading volume is lighter than usual ahead of the New Year holiday.Fxstreet
Dec 30, 2024
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Medline Ord Shs Class A Stock (MDLN) Closed Down by 5.17% on Nov 12: What Signal Does It Send?
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Delta Air Lines Inc Stock (DAL) Moved Down by 5.05% on Nov 12: What Investors Need To Know
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