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Jack Dorsey’s Block Inc. is set to become the second crypto company to join the S&P 500 following Coinbase, which joined earlier this year. Dorsey’s fintech company provides Bitcoin payment services and also mines BTC as part of its operations. Block Inc. To Join the S&P 500 On July 23 In a press release, the The post Breaking: Jack Dorsey’s ...
Even with a few short-lived roller coaster rides, the stock market had a strong week. Though there was some selling on Friday, the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed up over the week as a whole, while the Dow Jones Industrial Average ($INDU) closed lower by 0.07%. Earnings season has started on a positive note, with big banks ...
Microsoft said it will cease using China-based computer engineering teams for work on Pentagon cloud systems and other classified systems after an investigation this week led to national security concerns at the highest levels over a program that Microsoft has used since 2016. A ProPublica report released Tuesday accused Microsoft of allowing China-based engineers to assist with Pentagon cloud systems ...
The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under construction just off the Delaware River, on Wednesday offered the kind of vision that has brought some optimism back to the U.S. shipbuilding community. “You take that level of experience, the technology ...
Halcones Precious Metals Corp. (TSXV: HPM) (the ‘ Company ‘ or ‘ Halcones ‘) is pleased to report that the nominees listed in the management proxy circular dated June 5, 2025 (the ‘ Circular ‘) for the annual and special meeting of shareholders of Halcones held on July 17, 2025 (the ‘ Meeting ‘) were elected as directors of ...
XRP has experienced a surge in open interest, rising 17% to hit approximately $10.37 billion. This uptick comes amid heightened trading activity following a Ripple whale move of $173 million. Amid these whale transfers, XRP price has enjoyed bullish momentum breaking resistances and eyeing an all time high soon. XRP Open Interest Surges Over 18% The post XRP Open Interest ...
Join Tom as he covers key inflation data, earnings season highlights, and sector rotation trends. He breaks down recent price action in major indexes like the S&P 500 and Nasdaq, with a close look at the 20-day moving average as a support gauge. Tom spotlights standout industry groups such as gambling, semiconductors, software, and aerospace, and shares charts of top-performing ...
Senators are not thrilled with a top White House official’s comments that the government funding process should become more partisan, and fear that doing so could erode Congress’ power of the purse. Office of Management and Budget Director Russ Vought told reporters during a Christian Science Monitor Breakfast Thursday morning that he believed ‘the appropriations process has to be less ...
President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made in the Oval Office, come less than 24 hours after telling a room full of Republican lawmakers that he was considering doing so. “No, we’re not planning on doing anything,” Trump told reporters in response to a ...
Andy Schectman, president of Miles Franklin, lays out his takeaways from the latest BRICS meeting, saying he sees a reset happening now. He also weighs in on the implications for gold and explains why he sees massive potential in silver. ‘The word that I think of is asymmetrical — low downside, high upside,’ he said. Securities Disclosure: I, Charlotte McLeod, ...
A new push to add anti-Central Bank Digital Currency (CBDC) language to the Digital Asset Market Clarity Act (CLARITY) could delay the bill’s release. According to sources familiar with the matter, the discussions on market structure were expected to be finalized this week but now may face additional hurdles. CLARITY ACT Could Face Delay, Here’s The post CLARITY Bill Could ...