Bitcoin Miners Cipher, CleanSpark and MARA Upgraded at JPMorgan
The bank updated estimates for a number of mining stocks in its coverage following third quarter results and recent gains in bitcoin and the hashrate.
Government debt glut could rock markets in 2025, BIS says
The threat of soaring government debt supply destabilising financial markets has intensified, the world's top central banking advisory body said on Tuesday, as it urged policymakers to act swiftly to prevent economic damage. Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions that could spill over into other assets. "Financial markets are beginning to realise they will have to absorb these growing volumes of government debt," he said as the BIS published its latest quarterly report.
Oracle stock is down after earnings miss and elevated cloud expectations
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Crypto Daybook Americas: Banks Favor King Dollar as BTC Tug-of-War Rages
Your day-ahead look for Dec. 10, 2024
Analyst overhauls Tesla stock price target as 'top pick' in sector
Tesla shares have added nearly $450 billion in market value since Election Day.
Triple-A and Coinbase enter crypto payments partnership
This initiative will enable merchants to provide a payment option tailored specifically for Coinbase.
Floki Releases No-Fee Crypto Debit Card, Boosting Token Fundamentals
A physical card costs $33, while a virtual card costs just over $10. A 2% top-up fee applies when transferring tokens to the spending account associated with the card.
Stock Market Today: Stocks edge higher with CPI inflation on deck
Bond markets are likely to be in focus today with the first of three major coupon auctions that will raise around $120 billion for the U.S. Treasury
Surya Foods eyes healthy snacking market with Karma Bites stake
A supplier of world cuisine, Surya Foods' best-known branded products include Laila rice and Thai Dragon condiments.
Money market account rates today: December 10, 2024 (earn up to 5.00% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
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