(Bloomberg) -- One fund is taking on a cheap long-shot bet that Brent crude will climb toward $100 a barrel amid revived tensions in the Middle East, even as industrywide pessimism saw banks across Wall Street revising price forecasts lower. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for F
Critical minerals processing will be the equivalent of 19th-century oil refineries—at a Rockefeller moment
Amid the race to secure mineral deposits—including in Ukraine and Greenland—the smartest players see a different opportunity.
Binance ex-CEO warns 95% of crypto investors won’t survive
Changpeng Zhao (CZ), the former CEO of Binance, has made a forecast for the crypto world, suggesting that just a tiny percentage will succeed in the long run.
Sprouts Farmers Market Stock Rises After Bullish Upgrade
Shares of Sprouts Farmers Market rose Monday as Wall Street's outlook for the grocer's stock turned a bit greener.
Is Nvidia stock washed out yet on the charts?
The charts say Nvidia may be oversold at long last.
Hashdex Seeks to Expand U.S. Crypto ETF to Include Litecoin, XRP and Other Altcoins
The proposed amendment would include various cryptocurrencies in the in the Hashdex Nasdaq Crypto Index US ETF.
Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain
The Converge blockchain is Ethereum compatible and designed to bring DeFi to tokenized real world assets.
Quantum computing, AI stocks rise as Nvidia kicks off annual conference
Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its annual conference. The five-day GTC AI conference, which was already underway, will devote an entire day to quantum computing and feature executives from notable firms including D-Wave Quantum and Rigetti Computing. Several quantum computing stocks jumped, with D-Wave Quantum up 9.4%, while Quantum Corp and Quantum Computing gained 23.1%, and 15.5%, respectively.
SEC may scrap Biden-era crypto asset custody proposal, acting chief says
Mark Uyeda, acting chair of the U.S. Securities and Exchange Commission, also said the agency was developing possible changes to a recent rule that requires mutual and exchange-traded funds to report portfolio holdings on a monthly rather than a quarterly basis. His address to an investment industry conference in San Diego laid out plans for a sharp divergence from the way former President Joe Biden's administration oversaw Wall Street. Uyeda said the SEC "needs to prioritize effective and cost-efficient regulations that respect the limits of our statutory authority," according to a copy of his prepared remarks.
Best money market account rates today: March 1y, 2025 (earn up to 4.50% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.