West Texas Intermediate oil fell below $55 a barrel for the first time since February 2021, the latest sign that crude supplies are outpacing demand as the market braces for a large surplus.
Bitcoin was once considered too volatile, too unregulated, and too fringe for the kinds of financial instruments that respectable Wall Street firms package up and sell to wealthy clients. No longer.
US-listed biotechnology and pharmaceutical company share sales are staging a late-year revival, as mergers and acquisitions in the industry boost valuations and stoke additional demand.
Bitwise CIO Matt Hougan said BTC is likely to hit all-time highs next year, with lower volatility and weaker equity correlations reshaping how institutions view the asset.
ETF inflows can remain positive even during market drawdowns because they reflect allocation decisions rather than near-term trading signals, one trader said.
IG Group shares rallied by the third-highest percentage of the year on Tuesday after revealing strong demand from U.S. options traders as well as an acquired platform targeting retail investors in the U.K.
Ford Motor Co.βs decision to take a nearly $20 billion charge as it shifts to hybrids from electric vehicles had little impact on the automakerβs stock but did send shares of battery makers lower.
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Palm oil fell below 4,000 ringgit a ton, touching its lowest level in three weeks, as it tracked weakness in soybean oil and faced pressure from dull exports out of Malaysia.