Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000. Demand for Bitcoin (BTC) has decreased sharply over the l
Kontoor Brands agreed to sell its Lee denim brand to Authentic Brands Group in a transaction valued at up to $1 billion, the companies said on Thursday. Under the terms of the agreement, Reuters reports that Kontoor will receive $750 million upfront, with the remaining $25
Stablecoins retain the edge over tokenized money market funds, JPMorgan says The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield. What to know: - JPMorgan said tokenized money market funds remain a
Nvidia's (NVDA) latest results and guidance were nothing short of impressive for a company of its size, a fact not lost on Wall Street analysts as they praised the Jensen Huang-led company for firing on all cylinders. Shares were little Nvidia's (NVDA) latest results and g
DBS FX & Credit Strategist Chang Wei Liang writes that USD/JPY is consolidating around 159 as markets remain wary of potential intervention and hesitate to test 160. He argues that softer Oil prices and lower US yields should support the Japanese Yen (JPY), while strong ex
Stellantis, the automaker conglomerate with a sprawling portfolio of brands, will focus most of its investments for the U.S. market into its Jeep and Ram divisions while introducing more cars under $40,000, according to a turnaround plan outlined for investors Thursday. Je
The acquisition of Synthesis Wealth Planning boosts Bluespring’s assets under management by $1.1bn, marking its fifth deal in 2026. Bluespring Wealth has agreed to acquire Synthesis Wealth Planning, a New Jersey-based advisory firm affiliated with Kestra Financial. The dea
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters Farther, a New York-based registered investment advisor with a proprietary wealth platform, announced a Series D, $150 million fundraising round led by priv
the number of US citizens submitting new applications for unemployment insurance increased to 209K for the week ending May 16. According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemp
Weekly initial claims fell by 3K, undershooting economist estimates and signaling continued labor market strength. US initial jobless claims declined by 3K to 209K for the week ended May 16, missing the 213K consensus forecast. The prior week’s figure was revised upward to
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