Category: Street
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Wall Street Gears Up For Crypto Boom: New ETFs Planned As Trump Returns To Office
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With the president-elect Donald Trump Set to begin his second term in the White House on January 20, Bloomberg reports that Wall Street is preparing to launch a new wave of financial products that invest in the cryptocurrency market. The “Wild West” era of cryptocurrency ETFs In the run-up to…
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Scott Bessent made billions on Wall Street with these big bets
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Little has been reported about Besant’s personal wealth. Unlike his hedge fund peers like Ray Dalio and Ken Griffin, he does not appear on billionaire lists. Bloomberg or Forbes. But some details about his net worth will emerge later as he is required to liquidate some properties to avoid any…
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US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts
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(Bloomberg) — Hedge fund boss Scott Besent’s nomination Friday for U.S. Treasury secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extensive search that included several prominent contenders. Most read from Bloomberg The $28 trillion U.S. Treasury market was effectively closed for the…
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Wall Street makes wagers on the likely winners and losers in a second Trump term
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Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Associated Press Published Nov 12, 2024 • 7 minute read You can save this article by registering for free here. Or sign-in if you have an account. Article content NEW YORK (AP) — Wall Street is already…
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Trump Pick? Wall Street Lawyer Richard Farley Considered For SEC Chair
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A major revamp is about to change the regulatory landscape in the United States, and it will all have a lot to do with incoming President Donald Trump and the official he chooses to guide the future direction of the Securities and Exchange Commission. richard farley, He is an experienced…
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High street retailers face bleak festive season amid tax hikes and rising costs
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High street retailers are bracing for a tough Christmas trading period, as rising taxes and rising costs raise concerns about the viability of many businesses in town and city centres. A recent report from consultancy BDO revealed that in-store sales in October grew by just 1.7% compared to the previous…
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High street retailers face bleak festive season amid tax hikes and rising costs
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High street retailers are bracing for a tough Christmas trading period, as rising taxes and rising costs raise concerns about the viability of many businesses in town and city centres. A recent report from consultancy BDO revealed that in-store sales in October grew by just 1.7% compared to the previous…
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Election Day Will Represent an Ominous Turning Point for Wall Street
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In just three days, Americans will head to the polls or mail in their ballots to determine which presidential nominee – current Vice President and Democratic presidential nominee Kamala Harris, or former President and Republican presidential nominee Donald Trump – will lead our great nation. The next four years. Taking…
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Nvidia Stock Could Soar Another 38%, According to 1 Wall Street Firm
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Nvidia (Nasdaq: NVDA) It has been in scintillating form in the stock market in 2024, reaching gains of nearly 180% as of this writing. This is due to the strong growth recorded by the company in recent quarters due to strong demand for graphics cards deployed in artificial intelligence (AI)…
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Stock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
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Wall Street called off a six-week winning streak at the market close on Friday, with Treasury yields rising and investors grappling with soaring valuations amid mixed earnings. One of the biggest losers on Friday was Capri Holdings Ltd., which lost nearly half its value after a federal judge blocked its…
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Asian Stocks to Rise After Wall Street Win Streak: Markets Wrap
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Breadcrumb links BMN Business Most Asian stocks are poised to rise in early trading on Monday after Wall Street ended last week on new highs. Article writer: Bloomberg News Matthew Burgess Posted on October 20, 2024 • 3 minutes read You can save this article by registering for free here.…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Wall Street Isn’t Bitcoin Only – More Crypto ETFs Are Coming
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Nothing stops this train. No, I’m not talking about the Federal Reserve’s money printer, I’m talking about the series of ETF announcements from Wall Street and related cryptocurrency companies serving it this week. I’m talking about hybrid today Ethereum-Bitcoin ETFYesterday XRP ETFAnd what will likely be the 2025 Memecoin ETF…
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Wall Street Isn’t Bitcoin Only – More Crypto ETFs Are Coming
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Nothing stops this train. No, I’m not talking about the Federal Reserve’s money printer, I’m talking about the series of ETF announcements from Wall Street and related cryptocurrency companies serving it this week. I’m talking about hybrid today Ethereum-Bitcoin ETFYesterday XRP ETFAnd what will likely be the 2025 Memecoin ETF…
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Wall Street will get a glimpse into what’s ahead for US chipmakers
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Micron (MU) is the first chipmaker to report quarterly results this earnings season. Its report, due after the close of trading on Wednesday, is set to offer insight into the performance of the semiconductor sector amid high expectations from Wall Street. Micron’s memory chip business has seen a major upswing…
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Wall Street mixed as investors await Fed rate clues, data By Reuters
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By Johann M. Cherian and Purvi Agrawal (Reuters) – Wall Street’s main indexes were mixed on Wednesday, with the index nearing a record high, as investors awaited more clues on the state of the economy and the next interest rate cut. The three main U.S. economic indicators rose to post…
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Street calls of the week By Investing.com
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Investing.com – Here’s a professional summary of what Wall Street analysts said over the past week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! South Korea . What happened? On Monday, Mizuho downgraded shares of Southern Company (NYSE:) to Neutral with a $90 price target.…