In a conversation exploring the collision of traditional finance and futuristic technology, top Wall Street strategist Tom Lee sketched out a wild “black swan” scenario in which the global financial system is upended not by the Federal Reserve, but by Elon Musk. Speaking at a live recording of SoFi’s The Important Part podcast at WNYC,…
Larry Fink, Chairman and CEO of BlackRock, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 15, 2026. Brendan McDermid | Reuters BlackRock CEO Larry Fink and Reliance Industries Chairman Mukesh Ambani want Indians to invest in the country’s equity markets instead…
Bitcoin dropped below $70,000 on Thursday amid a broader sell-off of risk assets. The move, which happened around 6:27 a.m. ET, was the first time bitcoin fell below $70,000 since November 2024. Bitcoin was last trading at around $69,332 at 7:31 a.m. ET, according to CoinMetrics data. Some market watchers have suggested $70,000 is a…
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches…
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets rose Tuesday with several benchmarks in the region soaring, tracking gains on Wall Street. South Korea’s Kospi led gains in the region, jumping more than 6%, briefly triggering a temporarily halt in purchase orders. Index heavyweights SK Hynix and Samsung…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters The world’s largest economy has struck a deal with the most populous nation. U.S. President Donald Trump announced Monday that America…
Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading. Investors cheered a powerful combination of faster growth, fatter margins, and a revenue outlook “crushing consensus expectations,” prompting…
Waymo is becoming a real source of investor excitement on new valuation reports — reaffirming Jim Cramer’s view that the Alphabet stock remains a buy for that and so much more. Once an Alphabet moonshot, launched as the Google Self-Driving Car project in 2009, Waymo nowadays is shooting to the moon. The robotaxi business is…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images Precious metals extended losses on Monday, with analysts and strategists flagging U.S. President Donald Trump’s choice of Kevin Warsh as successor to Federal Reserve Chair Jerome Powell as…
A local resident watches on as the remaining area of the Harcourt fire burns in the background on January 12, 2026 near Harcourt, Australia. Jesse Thompson | Getty Images News | Getty Images The catastrophe bond market shattered a host of records in 2025 — and many expect another banner year as investors flock to…