• Feb 21, 2025

Robinhood exec admits crypto needs better UI: ‘Crypto was made by...'

Robinhood’s Head of Crypto, Johann Kerbrat, says crypto remains too complex for mainstream users, admitting that it was “made by engineers for engineers.”

• Feb 21, 2025

Why Vicor (VICR) Stock Is Trading Up Today

Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR) jumped 25.4% in the afternoon session after the company delivered exceptional fourth-quarter 2024 results, which blew past analysts' sales and earnings estimates. Sales grew 3.8% over the previous year, driven by higher royalty revenue, which nearly doubled from the prior year, offsetting a decline in product sales. Net income rose significantly, leading to an EPS beat, but sequentially, earnings dipped as

• Feb 21, 2025

Oil Falls to 2025 Low as Technicals Augment Ample Supply Outlook

(Bloomberg) -- Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the possibility of increased flows from Iraq, weakening the prospects of supply constraints that have gripped the market recently. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fa

• Feb 21, 2025

US Defense Stocks Drop While Europe Emerges as Surprise Winner

(Bloomberg) -- US defense contractors are on shaky ground just a month into the new administration — taking a backseat to European peers — as mounting concerns over a deluge of policies including a tightened military spending budget send shock waves across the government-sensitive group. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb

• Feb 21, 2025

Hims & Hers Stock Drops as FDA Says Ozempic and Wegovy No Longer in Short Supply

Shares of Hims & Hers Health plunged Friday after the Food & Drug Administration said a shortage of the active ingredient in Eli Lilly’s Wegovy and Novo Nordisk’s Ozempic has been resolved.

• Feb 21, 2025

Macklem Says ‘Not the Time’ to Rethink 2% Inflation Target

(Bloomberg) -- Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that officials are likely to re-endorse the bank’s current approach to targeting 2% inflation.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Di

• Feb 21, 2025

Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.

The hack of Bybit is the latest incident in which the crypto industry has been targeted.

• Feb 21, 2025

Akamai Technologies Stock Leads S&P 500 Decliners Following Weak Outlook

Shares of Akamai Technologies tumbled 20% to lead S&P 500 decliners Friday, as weaker-than-expected forecasts outweighed better-than-expected fourth-quarter results.

• Feb 21, 2025

U.S. Senators Push for SEC to Rethink Crypto Staking in Exchange Funds

The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.

• Feb 21, 2025

Bitcoin mining will be profitable for 12 more years, says Blockware CEO

Mason Jappa predicts Bitcoin mining will stay profitable for at least 12 more years, but post-2036, miners will rely on transaction fees or a $1 million BTC price.