Jim Cramer Says Ralph Lauren (RL) is ‘The Key To This Market’
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Read MoreMomma needs a new pair of shoes, but they will probably cost a lot more. Looking at all the prices of the stocks of major shoe manufacturers like Nike, Puma, Adidas, Deckers, Crox, UnderArmour, On Holding. Add in Lulu and Footlocker, you are seeing big price declines. All…
Read MoreNo need to be in a hurry on policy rate adjustments Current policy rate well-positioned to deal with risks, uncertainties Could retain current policy restraint for longer, or ease policy, depending on inflation progress and job market Policy rate is now somewhat restrictive Labor market solid, well-balanced Latest…
Read MoreThe Atlanta Fed GDPNow growth estimate for GDP -2.8% from -3.7% last. Adjusting for imports and exports of gold the growth is forecast at -0.8% vs -1.4 percent. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter…
Read MoreFrench president Macron is on the wires. Calls on all big European businesses to freeze all investments in the US in retaliation for brutal and unjustified import duties imposed by Pres. Trump it’s important that all investment, plan or already announced, should be suspended until we have clarified…
Read MoreUSDC at Center of Major Financial Developments Global economic tensions and shifting trade policies are creating subtle ripples in the stablecoin market, with USDC experiencing minor volatility while maintaining its dollar peg. The stablecoin recently navigated a brief dip below parity before quickly recovering, demonstrating resilience amid broader…
Read MoreAsset management firm WisdomTree (WT) is moving deeper into asset tokenization with expanding its institutional investment platform, WisdomTree Connect, to include 13 tokenized funds across five blockchain networks, the company said on Thursday. Previously limited to Ethereum, the platform now supports Arbitrum, Avalanche, Base and Optimism. Investors can…
Read MoreInvestment company Republic is set to acquire crypto trading firm INX Digital (INXDF) at a valuation of up to $60 million. Republic subsidiary Republic Strategic Acquisition will acquire all issued and outstanding shares of INX, according to an announcement on Thursday. The transaction is expected to close within…
Read MoreLuxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October…
Read MoreRecent Price Action Shows Signs of Recovery In the last 100 minutes of trading, DOGE has demonstrated a notable recovery pattern, climbing from a local bottom of $0.156 to stabilize around $0.158. The price action shows an apparent V-shaped recovery with significant volume spikes (16-21 million) during the…
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