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The price of Bitcoin saw a minor increase on Tuesday, hovering within a trading range that has been established over the past couple of months. Despite a recovery in capital flows into crypto investment products, the movement in price was minimal. Bitcoin rose by 2.5% in the last 24 hours, reaching $62,498.6 by 01:05 ET.
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Novavax, a struggling vaccine maker, experienced a significant boost in its stock prices following a new multibillion-dollar deal with French drugmaker Sanofi. The announcement of the licensing agreement resulted in Novavax’s shares nearly doubling, as Wall Street celebrated the partnership that allowed the company to remove its “going concern” warning. Key Details of the Agreement
The once mundane utilities sector, traditionally known for its stability and consistent dividends, is now experiencing a resurgence in interest as the wave of artificial intelligence (AI) innovation sweeps across industries. Wells Fargo recently highlighted the potential for certain utility companies to capitalize on the growing excitement around AI and data centers. In the first
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As the value of homes continues to rise, more and more Americans are finding themselves facing capital gains taxes when selling their property. The Section 121 exclusion provides a shield of up to $250,000 for single filers and $500,000 for married couples filing jointly. However, recent data indicates that a growing number of home sales
The Municipal Securities Rulemaking Board (MSRB) has recently sought approval from the Securities and Exchange Commission (SEC) to amend Rule G-27 on supervision to adapt to the remote work environment that has become increasingly prevalent in the financial industry. This move comes as a response to the shifting landscape that dealers have been navigating for
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The recent rebound in Bitcoin price on Monday has sparked optimism among investors, as they eagerly await the upcoming United States inflation data for April. This data could potentially influence the Federal Reserve’s decision on future borrowing costs in 2024. The slight fall in the dollar on the same day has also provided some relief