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The S&P 500 slipped at midday Thursday as Micron Technology Inc. (NASDAQ: MU ) fell 1.6% despite a record quarter, with the 10-year Treasury yield hovering near 5.25% and oil climbing back above $92. Micron reported fiscal fourth-quarter revenue above $54 billion and guided first-quarter revenue to $61.5 billion, but t
The Future Fund ‘s Gary Black said on Tuesday that a 25-basis-point Fed rate hike, if positioned as a "one-and-done" move, could push 10-year Treasury yields lower and prove more supportive for equities than a prolonged hiking cycle. Driving Case for a Hike In the post on X, the investor said a single hike now could pr
Bitcoin’s latest rally is being driven more by spot ETF demand and less by short covering, as U.S. spot Bitcoin ETFs drew about $1.6 billion in net inflows from Monday through Thursday.
Bitcoin climbed to $71,800 after Raoul Pal called the Treasury’s decision to double long-end bond buybacks a historic turning point, while U.S. spot Bitcoin ETFs took in $517.19 million Wednesday.
Bitcoin, Ethereum and Dogecoin rose on Monday while XRP was little changed, as investors weighed Iran developments, a possible White House crypto summit and market liquidity.
IBIT reaches a new low
IBIT hits new lows