Bitcoin tops $72,000 as ETF inflows fuel rebound
Bitcoin climbed above $72,000 during early trading hours, marking its highest level in roughly one month as markets reacted to institutional flows and easing geopolitical fears.
Every story in this category, newest first.
Bitcoin climbed above $72,000 during early trading hours, marking its highest level in roughly one month as markets reacted to institutional flows and easing geopolitical fears.
"We're watching very closely to see if there's been a little bit too much aggression, frothiness," Goldman Sachs Chair and CEO David Solomon says when asked about credit markets during an interview with Haidi Stroud-Watts on "Bloomberg: The Asia Trade."
Steve Moore, Co-Founder of Unleash Prosperity and former Trump Economic Advisor, joins Bloomberg Businessweek Daily to discuss market and inflation expectations as the US continues its military actions in Iran and the surrounding region. Moore weighs in on comments from Minneapolis Fed President Neel Kashkari, who says it's too soon to tell about inflation or rate path expectations due to questions about the duration of the Iran conflict. Moore also discusses President Trump's economic policy, Wednesday's ISM manufacturing and jobs data, and more. He speaks with Carol Massar and Tim Stenovec.
As US stocks began paring back their deepest losses on Tuesday, it looked as if traders were once again starting to bet that President Donald Trump would find a way to contain the fallout from another crisis of his own making. But Wall Street strategists are warning against relying on a so-called Trump put when it comes to the Iran war. The US-Israeli attack on Iran has destabilized the Middle East and threatens to deliver a new inflationary shock to the US economy by pushing up oil prices. There's also no clear sense of when or how it will end, raising the prospect of prolonged conflict and unforeseen consequences beyond the White House's control. Alli McCartney, Managing Director of Wealth Management with Alignment Partners at UBS, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.
Romaine Bostick and Katie Greifeld dive in on how Gen Z spending has helped revitalize the Coach brand.
Bloomberg's David Carnevali speaks with Dani Burger on the sidelines of Bloomberg Invest.
Bloomberg's Michelle Davis speaks with Dani Burger on the sidelines of Bloomberg Invest.
"These are good numbers," Gil Luria, head of technology research at D.A. Davidson, says about Broadcom's first-quarter earnings and revenue guidance. He speaks on "Bloomberg The Close."
Maritime traffic through the Strait of Hormuz has almost completely stopped in the days since the US and Israel launched strikes against Iran. Oil prices have whipsawed. Bloomberg Invest panelists react to the news.
JPMorgan Chief US Economist Michael Feroli breaks down the latest US services sector data and hints that, based on the core PCE, inflation may be heading in the wrong direction. He talks with Katie Greifeld and Romaine Bostick on "The Close."
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Apple Inc. rolled out the $599 MacBook Neo in its biggest push yet into low-end laptops, aiming to challenge Windows PCs and Chromebooks for budget-minded shoppers. Bloomberg's Samantha Kelly reports.
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy