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Bitcoin hovers near all-time high
Yahoo Finance· 2025-10-06 15:03
NEW YORK (Reuters) -Bitcoin hovered near its record high on Monday as the world's largest cryptocurrency by market value continued to benefit from strong demand from investors. The rally in bitcoin since the start of the year has been underpinned by flows from institutional investors, friendlier policies of the administration of U.S. President Donald Trump, and an increasing connection with global financial systems. Bitcoin climbed above $125,000 for the first time on Sunday, rising to $125,653.32. It wa ...
Should You Buy Archer Aviation While It's Below $12?
Yahoo Finance· 2025-10-06 15:03
Key Points Archer Aviation's electric vertical takeoff and landing craft could offer a new way to beat urban traffic. Morgan Stanley estimates that eVTOL market will be worth about $9 trillion in 2050. Archer will have to surmount challenges such as regulatory approval and an expensive infrastructure build-out before it will be able to generate significant revenue. 10 stocks we like better than Archer Aviation › Archer Aviation's (NYSE: ACHR) proposed air taxi recently set some new flight records ...
Sugar Free Capital raises $32M inaugural fund to back early-staged MIT founders
Yahoo Finance· 2025-10-06 15:00
Sheena Jindal is from Boston. She grew up there, attended MIT, and worked at the Boston Consulting Group for several years. She launched a startup, worked at a startup, and then became an investor at Bessemer and Comcast Ventures (CV). Last year, her worlds collided when she decided to launch her own fund, Sugar Free Capital, a firm that focuses on investing in technical founders from MIT. She nabbed LPs, including the family offices of heavy-hitting tech executives from companies like Nvidia and Citade ...
21Shares, WisdomTree, and VanEck Eye UK Listings as FCA Lifts Crypto ETN Ban
Yahoo Finance· 2025-10-06 14:55
The FCA is lifting its crypto ETN ban, allowing firms such as 21Shares and VanEck to explore retail listings on UK exchanges from Oct. 8. | Credit: Mike Kemp / Getty Images. Key Takeaways The FCA will allow everyday investors to buy crypto exchange-traded notes starting Wednesday, Oct. 8. Leading asset managers are preparing to list or expand their crypto ETN offerings in London as the new rules take effect. Regulators now view the crypto market as more mature and better understood, with improved cus ...
Why AMD Stock Was Skyrocketing Today
Yahoo Finance· 2025-10-06 14:54
Key Points OpenAI agreed to deploy 6 gigawatts of AMD GPUs over the next several years. The deal is expected to generate tens of billions of revenue for AMD. OpenAI's interest here also validates the caliber of AMD's Instinct GPUs 10 stocks we like better than Advanced Micro Devices › Shares of Advanced Micro Devices (NASDAQ: AMD) catapulted higher today after the chipmaker signed a blockbuster deal with OpenAI, coming on the heels of a similar partnership between OpenAI and AMD rival Nvidia. As ...
Why Plug Power Stock Keeps Going Up
Yahoo Finance· 2025-10-06 14:52
Key Points Analysts at H.C. Wainwright doubled their price target on Plug Power stock last week. Plug shares gained 60% by the end of the week. Plug stock is up again today, but still unprofitable. 10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) stock soared to close at $3.81 per share Friday, a 60% gain for the week. The hydrogen fuel stock actually only had one "down" day all week long, and its ascent looks set to continue today, with the stock up 4.5% through 10:35 a.m. ET. ...
Here’s Why The Progressive Corporation (PGR) Detracted in Q3
Yahoo Finance· 2025-10-06 14:50
Middle Coast Investing, an investment advisor firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was favorable for Middle Coast Investing. Its collective portfolio outperformed the S&P 500 and is ahead of benchmarks year to date. In Q3 2025, the US Portfolios returned 9.6% compared to 7.8% for the S&P 500. It’s Core U.S. portfolios returned 10% while the Russell 2000 returned 12%, the S&P 600 returned 8.7% and the Nasdaq generated 11.2% for ...
Broadcom (AVGO): The Non-Nvidia Winner in Chip Designers
Yahoo Finance· 2025-10-06 14:47
Middle Coast Investing, an investment advisor firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was favorable for Middle Coast Investing. Its collective portfolio outperformed the S&P 500 and is ahead of benchmarks year to date. In Q3 2025, the US Portfolios returned 9.6% compared to 7.8% for the S&P 500. It’s Core U.S. portfolios returned 10% while the Russell 2000 returned 12%, the S&P 600 returned 8.7% and the Nasdaq generated 11.2% for ...
Dave Ramsey Calls Out A Major Bank After Caller's Alleged Scary App Issues. 'You're Dealing With The World's Worst Bank'
Yahoo Finance· 2025-10-06 14:45
A recent episode of “The Ramsey Show” took a turn when a caller shared a banking scare that had personal finance expert Dave Ramsey sound off on big banks. Jay from Massachusetts phoned in to ask if it's wise to keep cash at home. He explained that one day, while trying to send money, he opened his Bank of America app and all his accounts showed zero balances. He tried to transfer anyway, and it said ‘insufficient funds.’ After getting hung up on and stuck on hold for nearly an hour, his account finally ...
US Government in talks to buy stake in Critical Metals
Yahoo Finance· 2025-10-06 14:44
The US Government is reportedly in talks to acquire a stake in Critical Metals Corporation as part of an initiative to enhance its control over critical minerals. This potential deal would provide Washington with a direct interest in the Tanbreez project in southern Greenland, reported Reuters, citing sources. The news comes after Critical Metals announced last month an amended agreement with Rimbal to increase its ownership in the Tanbreez project from 42% to 92.5%. As per this amended agreement, Criti ...