22:52 2025-03-17
Bakkt shares plunged 35% as it lost two major customers, Bank of America and Webull PayCrypto trading and custodian firm Bakkt Holdings (BKKT) disclosed that neither Bank of America (BAC) nor Webull Pay will have contract renewals. Shares plunged 35% to $12.83 after hours on Monday. According to the agreement, Bank of America's contract will be terminated on April 22, while Webull's partnership will end on June 14. In addition, Bakkt applied to the Securities Exchange Commission (SEC) for an extension to file its 2024 annual report.
22:37 2025-03-17
Poll: Trump's approval rating hits a new highThe latest poll conducted by NBC shows that 47% of respondents support the current US President Trump, the highest approval rating since he took office. This compares with an average approval rating of 44% for Trump during his first presidential term in 2019. Meanwhile, 51% of respondents have a negative view of Trump's policies. 54% of respondents do not approve of his first economic decisions after taking office. 55% of respondents are dissatisfied with the way he has dealt with inflation. Les...
21:55 2025-03-17
The dollar index fell 0.34% on the 17th.The dollar index, which measures the greenback against major currencies, fell 0.34 percent on the day to close at 103.368 in late foreign exchange trading.
21:46 2025-03-17
U.S. stocks continue to rise as investors evaluate economic data and the impact of Trump's policiesU.S. stocks rallied for a second straight session on Monday as investors sought low-end buying after four straight weeks of declines in the Nasdaq and S & P 500 and weighed in on the latest economic data to gauge the impact of the Trump administration's policies. Among the 11 major S & P sectors, real estate and energy led the gains, while consumer discretionary goods were the only ones to decline. Tesla (TSLA. O) fell 4.79 percent after Mizuho cut its price target to $430 from $515, after the s...
21:15 2025-03-17
Data: Meme Coin Market Pulls Back Sharply, GMCI Meme Index Drops 90%The Meme Coin craze that dominated the crypto market in 2024 has cooled significantly. According to the GMCI index chart, there has been a general decline in several crypto sectors, with the Meme index falling particularly significantly, from a peak of about 550% in December 2024 to 80% in March, a drop of 90%. The major components of the index, including Shiba Inu, Dogecoin, Pepe, and Trumpcoin, are facing significant selling pressure, and speculative traders are exiting the market.
The downwar...
20:18 2025-03-17
The three major U.S. stock indexes collectively closed higherThe three major US stock indexes collectively closed up, with the Dow up 0.85%, the Nasdaq up 0.31%, the S & P 500 up 0.64%, popular technology stocks rose and fell, Intel rose nearly 7%, AMD rose more than 3%, Tesla fell more than 4%, and NVIDIA and Amazon fell more than 1%.