BitcoinBitcoin +0.6% has dived over the last 24 hours, with the price crashing under $60,000 per bitcoin as the market braces for an “inevitable” bitcoin price crash. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s halving earthquake! The bitcoin price has swung between highs of $65,000 […]

Share The Block Quick Take After launching the most successful spot bitcoin ETF on the market, BlackRock has now decided to issue a lengthy paper detailing the cryptocurrency’s unique standing among major asset classes. Bitcoin  BTC +1.84% has a market capitalization north of $1 trillion and BlackRock’s spot bitcoin ETF, launched at the beginning of this year, has accumulated assets […]

This report is developing. Refresh for the latest version. The Federal Reserve slashed interest rates by a half percentage point Wednesday and charted a course for two additional cuts this year followed by four more in 2025. The action marks the Fed’s first easing of monetary policy since 2020 and the termination of its most […]

The Federal Reserve is widely expected to cut interest rates for the first time in four years Wednesday and outline the path for future rate cuts. Investors have been hoping for a larger half-percentage-point cut versus a quarter-point cut. Traders, in recent days, have increased their wager that the central bank will cut by a […]

Nvidia (NVDA) stock surged as much as 9% on Thursday, trading north of $1,000 in early trade and giving the chip giant a market cap above $2.5 trillion after its first quarter earnings once again blew away forecasts. Nvidia’s first quarter results, released after the bell on Wednesday, showed adjusted earnings per share (EPS) tallied $6.12 on […]

Nvidia (NVDA) CEO Jensen Huang doesn’t lack demand. What he lacks is supply. In an exclusive interview with Yahoo Finance following the company’s first quarter earnings report Wednesday, Huang pushed back against concerns the company could face a demand lull as it shifts between its current and next generation of AI chips. “People want to deploy […]

Dow Jones futures were little changed ahead of Tuesday’s open after the Dow Jones Industrial Average surged more than 400 points Monday. Apple (AAPL) and Tesla stock skidded Monday, extending their recent losses, while AI stock Palantir Technologies (PLTR) briefly plunged on a sales miss before reversing higher. On the economic front this week, investors are looking ahead to […]

The S&P 500 (SNPINDEX: ^GSPC) has reversed course and ripped 18% higher this year as investor sentiment has improved in response to signals of economic resilience and enthusiasm surrounding artificial intelligence (AI). That leaves the index just 5% from a record high, meaning stocks have nearly clawed their way back to bull market territory. Looking ahead, AI will […]

ServiceNow (NOW) reported second-quarter earnings that handily beat analyst estimates while revenue only edged by views. NOW stock dipped on the financial results and its outlook. Reported after the close on Wednesday, ServiceNow earnings came in at $2.37 per share, up 46% from the year-earlier period. Total revenue climbed 23% to $2.15 billion, said the Santa […]