Bitcoin has steadied after a brief dip below a critical $90,000 support level on Tuesday, but the leading cryptocurrency’s bottom is likely not yet in, Fairlead Strategies founder and managing partner Katie Stockton told CNBC’s ” Squawk Box .” “The pullback is meaningful,” Stockton said Tuesday. “It can be prolonged. We have oversold conditions already,…
Megacap earnings kick off this week and are especially important for the major indices, given the ” Magnificent 7 ” account for roughly a third of the S & P 500 Index . From a technical perspective, we focus on their setups heading into the earnings prints to assess whether the probabilities favor positive or…
The San Francisco 49ers look like they’re getting hot at the right time. San Francisco beat the Indianapolis Colts 48-27 on Monday night for its fifth straight game. The 49ers are 11-4 and remain a game behind the Seattle Seahawks (12-3) for the top spot in the NFC West. San Francisco has won double-digit games…
While it may be tempting to snag a lottery ticket right now as the Powerball jackpot spikes to $1.3 billion — the fifth largest in Powerball history — buying your ticket with a credit card could cost you. A lottery ticket purchased with a credit card is likely to be processed as a cash advance,…
Prosecutors have charged the man accused of throwing a “Subway” sandwich at a federal officer on a Washington, D.C., street with just misdemeanor assault after failing to convince a grand jury to indict him on a felony assault charge, court records show. Former Department of Justice employee Sean Charles Dunn is accused of tossing the…
What does a donut tell us about the state of the economy? Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield, Illinois. Even inside a donut shop, the effects of tariffs on the economy can be seen. “It’s sort of surprising, because donuts seem like a very…
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday. The “sell America” trade was in full swing Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stocks and bond prices tumbled, sending yields spiking. It comes as Trump’s threats to impose 10% tariffs on eight European countries as…
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify‘s stock popped 10% as the music streaming platform added more users and bolstered features in newer markets. Here’s how the company did compared to LSEG estimates. Earnings per share: 4.43 euros vs 2.74 euros expected Revenue: 4.53 billion euros vs 4.52 billion euros expected Revenues in…
Eric Williams NFL Reporter LOS ANGELES – As an elder statesman in the NFL, Baltimore Ravens pass rusher Kyle Van Noy won’t mince words when it comes to those he’s mentored – including Los Angeles Chargers quarterback Justin Herbert. “Part of me says [Herbert] needs to relax a little bit, because he cares so much,”…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI’s artificial intelligence infrastructure buildout. The partnership…
