Author: Daniel snow

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart.Silas Stein | Picture Alliance | Getty ImagesBitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close.The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999.The flagship cryptocurrency has been trading in a tight range for several weeks despite billions of dollars flowing…

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Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty ImagesShares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company. The Italian company known for its circular hazelnut chocolates could finalize a deal for the legacy breakfast foods business as soon as this week, the Wall Street Journal reported, citing people familiar with the matter.This is breaking news. Please refresh for updates. Source link

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