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Stock market today: Indexes dip ahead of mega-cap tech earnings
Major indexes traded lower on Tuesday as traders awaited for a slew of earnings and economic data a…
Jennifer Sor
Stock market today: Indexes gain as investors brace for key tech earnings
Google parent Alphabet will report earnings after the market close on Tuesday. Data due this week i…
Matthew Fox
Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7
In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…
Dan DeFrancesco
Nvidia's blowout earnings push US stocks higher
Goldman Sachs called Nvidia the "most important stock in the world" and Wall Street was not disappo…
Phil Rosen
Bitcoin-exposed stocks slide alongside the cryptocurrency as Elon Musk once again wreaks havoc with a tweet
Shares of bitcoin-exposed companies suffered in tandem with bitcoin as tweets from the Tesla CEO co…
Isabelle Lee
Bitcoin's halving is unlike others before it: A supply shock colliding with a demand tidal wave
Markets have seen multiple halvings in the past, but the 2024 occurrence is particularly momentous …
Phil Rosen
US stocks extend rally to close at fresh records ahead of mega-cap earnings
Apple, Microsoft, Amazon, Alphabet, and Meta Platforms, cumulatively representing about $10 trillio…
Matthew Fox
US stocks edge up ahead of action-packed week for earnings and the economy
So far, 25% of S&P 500 companies have reported Q4 earnings results, with 71% of those companies bea…
Matthew Fox
Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential
Deutsche Bank analysts led by Brian Keane believe another round of government stimulus will boost C…
Will Daniel
Wedbush says Tesla's bitcoin investment will spark further corporate adoption - and highlights 4 stocks already poised to gain from the crypto boom
Shares of PayPal, Square, Mastercard, and Visa could benefit as more institutions adopt cryptocurre…
Emily Graffeo
Square CFO says 1 million users of its Cash App service bought bitcoin for the first time in January
Square CFO Amrita Ahuja said in an interview with CNBC Wednesday that bitcoin is aligned with the c…
Isabelle Lee
Square's crypto business could generate $1 billion in profit if bitcoin soars to $100,000, Wall Street analyst says
Bitcoin traded above $39,000 for the first time ever on Thursday, and the crypto market as a whole …
Matthew Fox
Jack Dorsey's Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion - and is the 3rd-largest corporate holder of the cryptocurrency
Square now holds 8,027 bitcoin, making it the third-largest publicly-traded holder of the digital a…
Shalini Nagarajan
Jack Dorsey's Square and Cathie Wood's Ark suggest bitcoin mining encourages the adoption of renewable energy and isn't environmentally-damaging
Cathie Wood said that the findings disprove the myth that the bitcoin mining process is damaging to…
Shalini Nagarajan
Twitter is considering adding bitcoin to its balance sheet, CFO says
Twitter CFO Ned Segal told CNBC the social media giant has done "a lot of the upfront thinking" abo…
Emily Graffeo
Bitcoin surges back above $51,000 after Square's $170 million investment, Cathie Wood's positive comments
Square's purchase of an additional $170 million of bitcoin and bullish remarks from Cathie Wood hel…
Isabelle Lee
Ark's Cathie Wood says Tesla and Square are on the 'right side of change' after investing in bitcoin, but widespread adoption of the digital token will take more time
"They're on the right side of change when it comes to innovation," Wood said about Tesla and Square…
Emily Graffeo
PayPal and Square's Cash App have scooped up 100% of newly mined bitcoins, report says
One of the key catalysts for Bitcoin's rally is the ease of investing via PayPal, Cash App, and Rob…
Shalini Nagarajan
Billionaire investor Bill Ackman warned of inflation, discussed bitcoin, and explained why he's staying in New York City in a recent interview. Here are his 12 best quotes.
The Pershing Square Capital Management founder also revealed his fund bought a 6% stake in Domino's…
Emily Graffeo
Square increases bitcoin stake with additional $170 million investment
Bitcoin represents about 5% of Square's total cash, cash equivalents, and marketable securities as …