U.S. equities were mixed at midday, with early gains tempered by falling tech shares.
Citadel Securities Plots Jump Into Crypto Trading After Trump’s Embrace
(Bloomberg) -- Ken Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting President Donald Trump’s embrace of the industry will usher in a boom for the asset class. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs V
Microsoft stock slips after analysts say it canceled 2 AI data center leases, suggesting possible 'oversupply position'
In response, Microsoft told BI it "may strategically pace or adjust our infrastructure in some areas" and would "continue to grow strongly."
Bridge Investment Group Stock Soars 35% as Apollo Global Buys Firm for $1.5B
Bridge Investment Group Holdings shares took off Monday as the real-estate investment firm agreed to be purchased by Apollo Global Management for $1.5 billion.
XRP, Mantra, Solana and more cryptocurrencies to watch this week
The crypto industry is experiencing a wave of positive developments, from the SEC dropping cases against Coinbase and Robinhood to crypto ETFs edging closer to approval. Yet, the market remains in the red, adopting a wait-and-see approach as it anticipates a major catalyst for movement.
Best money market account rates today: February 24, 2025 (earn up to 4.51% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Owens Corning Stock Drops as Firm Warns of Slowdown Ahead
Sales of Owens Corning's legacy products slumped in the fourth quarter and the company warned of business headwinds ahead.
DOGE layoffs could trigger wider unemployment, slow economy: Apollo
Signs of economic weakness have emerged, with the murky outlook for U.S. tariff and other policies eroding sentiment among consumers and purchasing managers.
Israel Holds Rates as Bank Waits for War Inflation to Slow
(Bloomberg) -- Israel kept interest rates on hold for a ninth straight meeting, with the central bank waiting for war-induced inflation to slow before starting an easing cycle.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsAs Visitors Discover Ghent, the City Is Trying to Prevent
DekaBank Rolls Out Crypto Trading, Custody Services for Institutions: Bloomberg
The bank, with over 370 billion euros in assets under management, is emphasizing security and regulatory compliance.