Latest Market News

May 04
‘They didn’t see it coming:’ Podcaster Joe Rogan sees Bitcoin as a viable form of currency

Joe Rogan noted that Bitcoin is like the “early internet,” and the “government is freaking out” about BTC in conversation with the MMA fighter Khalil Rountree. 666 Total views 18 Total shares Popular podcaster Joe Rogan just gets Bitcoin (BTC). In his most recent podcast with Khalil Rountree, a renowned mixed martial (MMA) fighter, Rogan […]

May 04
AmerisourceBergen beats earnings expectations, and lifts full-year guidance

AmerisourceBergen Corp. ABC, +1.20% reported fiscal second-quarter profit and revenue that rose above expectations, amid strength in international healthcare business, and raised its full-year outlook. The health care services company’s stock was still inactive in premarket trading. Net income for the quarter to March 31 rose to $548.0 million, or $2.59 a share, from $435.3 […]

May 04
Buterin: L2 transaction fees need to be under 5c to be ‘truly acceptable’

Ethereum co-founder Vitalik Buterin believes that layer-2 transaction fees need to be under $0.05 to be “truly acceptable.” Buterin made the latest comments in response to a Twitter post from the “Bankless” podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight eight Ethereum layer-2 platforms. The data is […]

May 04
Stocks end choppy session slightly higher as investors await expected Fed rate hike

Stocks flipped between small gains and losses in a narrow trading range Tuesday, ending the day in positive territory a day before investors look for the Federal Reserve to deliver a half-percentage point rate hike. The Dow Jones Industrial Average DJIA, +0.20% closed with a gain of around 66 points, or 0.2%, near 33,127, according […]

May 04
Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow. 1908 Total views 42 Total shares America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from […]

May 04
Masimo Corp. stock drops more than 10% after mixed Q1 earnings

Masimo Corp. MASI, -0.99% stock fell more than 10% in the extended session Tuesday after the medical technology company reported mixed first-quarter earnings, saying that it faced “unexpected” supply-chain problems in the period. Masimo said it earned $46.6 million, or 81 cents a share, compared with $53.4 million, or 92 cents a share, in the […]