Categories Finance

Nasdaq leads as US stocks post moderate gains

The momentum of the past two days of trading didn’t entire fade but it was slower going after a poor US consumer confidence report and as we stumble one day closer to Trump’s April 2 “liberation day”. S&P 500 +0.15% Nasdaq Comp +0.5% DJIA flat Russell 2000 -0.5%…

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Categories Finance

Goldman Sachs warns of potential tariff shock on April 2

Despite recent media reports suggesting a softer stance from the Trump administration on tariffs, Goldman Sachs is urging caution. The investment bank believes markets may be too optimistic—and that could lead to a nasty surprise. According to Goldman economists, tariffs have long been a key bargaining chip for…

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Categories Finance

GameStop to Add Bitcoin to Balance Sheet

GameStop (GME) has added its name to the quickly-growing roster of publicly-traded companies adopting a bitcoin treasury strategy. Alongside its fourth quarter earnings report, the company said its board unanimously approved adding bitcoin as a treasury reserve asset. CEO Ryan Cohen in early February got tongues wagging when…

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Categories Finance

SEC Drops Investigation into Web3 Gaming Firm Immutable

The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable and will not file enforcement charges, according to a Tuesday announcement from the company. Immutable, an Australian company, disclosed that it had received a Wells notice — essentially an official heads-up from…

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