Author: Daniel snow
[ad_1] Get ready for the G.O.P. to run against “Mamdani Democrats” for several election cycles to come. [ad_2] Source link
[ad_1] Nontech and cyclical stocks sat out Tuesday’s earlier rally, underscoring how narrow the S&P 500’s latest gains really are. [ad_2] Source link
[ad_1] Contrarianism and neutrality can’t overcome progressive groupthink. [ad_2] Source link
[ad_1] Three years after a pandemic-era boom flamed out in spectacular fashion, investors once again have been gravitating toward shares of shell companies known as “special-purpose acquisition companies,” or SPACs. [ad_2] Source link
[ad_1] JPMorgan CEO Jamie Dimon questioned why someone would want a stablecoin rather than just a payment, but acknowledged that the bank will be involved in stablecoins so they can understand them better. [ad_2] Source link
[ad_1] What was once billed as the greatest luxury music festival of all time has just been sold on the same site that people use to buy used home decor. [ad_2] Source link
[ad_1] Bitcoin fell below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives.The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day’s high of $120,481.86.Stock Chart IconStock chart iconBitcoin/USD Coin Metrics, 1-dayThe drop comes on the heels of multiple crypto-related bills failing to overcome a procedural hurdle in the House, with 13 Republicans voting with Democrats to block the motion in a 196-223 vote.In recent days, bitcoin has been trading at all-time highs, spurred by institutional buying of bitcoin exchange-traded funds (ETFs) amid…
[ad_1] MicroStrategy’s stock was heading toward its first decline in six sessions, and Monness Crespi Hardt’s Gus Gala — who is Wall Street’s only bearish analyst on the company — reiterated his sell recommendation. [ad_2] Source link
[ad_1] President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well. [ad_2] Source link
[ad_1] Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSECircle shares slid on Tuesday after the U.S. House of Representatives failed to clear a key procedural hurdle that would have teed up votes on long-awaited crypto-related bills.The move dealt a major setback to the digital asset industry, which had cast this week as a turning point for regulatory clarity in Washington, D.C.Circle, the stablecoin issuer that’s soared in value since its public market debut last month, fell more than 5% after the vote. Crypto exchange Coinbase slipped about…