Fed’s Miran says stablecoin surge could help push interest rates lower
Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.…
Author: finzexpert.com
Mortgage Rates Rise Gently, But Still Well Below This Week’s Highs
Wednesday’s mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months. …
Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after…
ETF giant State Street says 401(k) plan to face new low-cost challenge
A recent decision by the Securities and Exchange Commission to begin allowing fund companies to create ETF shares classes of…
Stocks making the biggest moves after hours: ABNB, TTWO, PTON, AFRM
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked…
Nice Little Recovery For Mortgage Rates
As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The…
Stocks making the biggest moves midday: BHF, DUOL, DDOG, SNAP
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% after it announced…
Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is…
Alibaba-backed Moonshot releases new AI model Kimi K2 Thinking
Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images | Lightrocket…
Stocks making the biggest moves premarket: QCOM, WBD, PZZA, DUOL
Check out the companies making headlines before the bell: Qualcomm — Shares slipped 1% as Qualcomm expects that it will…