Coinbase (COIN) will serve as the custodian for many of the spot bitcoin ETFs that were approved by the US Securities and Exchange commission last week. Coinbase Chief Policy Officer Faryar Shirzad speaks with Yahoo Finance’s Julie Hyman and Brian Sozzi about the approval from the World Economic Forum annual meeting in Davos, Switzerland. Shirzad argues the approval will bring new investors into the crypto community and it “put the SEC on record as blessing an important crypto product.” He… Source link
Read More »Digital World Acquisition jumps on Trump’s Iowa Win
Shares of Digital World Acquisition (DWAC) surged on Tuesday following former US President Donald Trump’s winning of the Iowa caucus, with 20 delegates from the state set to vote for Trump at the Republican National convention. The company is known for financially backing Trump’s social media platform, Truth Social, to go public. Yahoo Finance anchors Josh Lipton and Madison Mills break down the latest developments for the company and what Trump’s win could mean going forward. For more expert… Source link
Read More »Boeing drags down Dow to start 4-day trading week
Small caps have been all the rage on Wall Street over the past two months. In fact, according to Bank of America’s latest fund managers survey, investors haven’t been this bullish on small caps in almost three years. The survey conducted from Jan. 5-11 revealed investors see large-cap companies underperforming small-cap companies in the next 12 months for the first time since June 2021. A chart from Bank of America shows sentiment around large caps outperforming small caps has deteriorated in… Source link
Read More »US stocks fall at start four-day trading week
US stocks retreated on Tuesday, with investors still focused on the path of interest rates after a lackluster start to earnings season that kicked off with big bank results. Dow Jones Industrial Average (^DJI) dropped 0.4%, while S&P 500 (^GSPC) shed 0.2%. The tech-heavy Nasdaq (^IXIC) was down 0.3% despite flipping into green territory several times during the session as semiconductors Nvidia (NVDA) and AMD (AMD) rose. Goldman Sachs (GS) shares were trading higher on Tuesday after the bank Source link
Read More »What Eagles, Cowboys, Steelers, Rams, Dolphins and Browns must consider after wild-card exits
What Eagles, Cowboys, Steelers, Rams, Dolphins and Browns must consider after wild-card exits Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Gaza combat surges anew as Israeli tanks storm back into areas they left
By Nidal al-Mughrabi, Arafat Barbakh and Tyrone Siu GAZA/ISRAEL-GAZA BORDER (Reuters) -Israeli tanks stormed back into parts of the northern Gaza Strip they had left last week, residents said on Tuesday, reigniting some of the most intense fighting since the New Year when Israel announced it was scaling back its operations there. Massive explosions could be seen over northern areas of Gaza from across the border with Israel – a rarity over the past two weeks after Israel announced a drawdown… Source link
Read More »PepsiCo CEO on leadership, ultra-processed foods, and weight loss drugs
PepsiCo (PEP) chairman and CEO Ramon Laguarta isn’t a fan of the ultra-processed food label being increasingly slapped onto big food makers. “I don’t like the word ultra-processed and I don’t believe in it,” Laguarta told Yahoo Finance Live in an exclusive interview at the World Economic Forum in Davos, Switzerland on Tuesday. “I think we are using kitchen logic to define our product.” Laguarta explained PepsiCo continues to look for ways to make its products better for consumers, in part… Source link
Read More »Chiefs at Bills matchup set for Sunday night
NFL divisional playoffs schedule, times: Chiefs at Bills matchup set for Sunday night Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap
(Bloomberg) — Global stocks retreated and the dollar rose to a one-month high as central bank officials pushed back against bets on aggressive interest rate cuts. Most Read from Bloomberg US futures slid, while the Stoxx Europe 600 index headed for a five-week low. The MSCI Asia Pacific Index lost 1.5%, the most in three months. Two-year Treasury yields rose six basis points to 4.2%. An index of the dollar climbed 0.6%. Banks led equity declines in Europe as JPMorgan Chase & Co. analysts said… Source link
Read More »Eagles take worse loss of the weekend, Bills will host Mahomes
Eagles take worse loss of the weekend, Bills will host Mahomes Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link
Read More »