A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 7, 2025. Timothy A. Clary | Afp | Getty ImagesWhen stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow...
Category: Investing
SEC clarifies that most stablecoins are not securities
Stablecoin Tether and Circle's USDC dominate the market.Justin Tallis | Afp | Getty ImagesThe Securities and Exchange Commission issued a statement on Friday, clarifying that it does not deem certain stablecoins to be securities.Specifically, the agency's Division of Corporate Finance refers to stablecoins that are "designed to maintain a stable...
Top Wall Street analysts are confident about the prospects for these 3 stocks
Tariffs under the Trump administration have triggered concerns about the impact on demand and fears of a potential recession, roiling the stock market.Amid the ongoing volatility, the pullback in several stocks with strong fundamentals presents a lucrative opportunity to build a position. Top Wall Street analysts are spotting attractive names...
Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management's multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump's uncertain tariff policy.The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades...
GameStop shares drop 22% after the retailer issues debt to buy bitcoin
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024.Brendan McDermid | ReutersGameStop shares tumbled Thursday, suffering its biggest loss since June, after the video game retailer announced plans to raise debt to buy bitcoin.The meme stock plunged...