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Crypto ‘Mixer’ Gets 12 1/2 Years for Money Laundering – Yahoo Finance

(Bloomberg) — The founder of a cryptocurrency mixing service known as Bitcoin Fog has been sentenced to 12 and a half years in prison for laundering tens of millions of dollars from a darknet market selling illegal drugs. Most Read Articles on Bloomberg Roman Sterlingoff, 36, was sentenced Friday in Washington federal court by U.S. […]

Is Super Micro Computer Stock a Buy? 3 Things to Watch. – Yahoo Finance

The stock is down 78% from its all-time high in March. super microcomputer (NASDAQ:SMCI) It may be one of the first dominoes to fall as the artificial intelligence (AI) hype cycle reaches its possible conclusion. but so far, This selloff seems to have little to do with company fundamentals and more to do with questionable […]

Why Wolfspeed Stock Is Plummeting Today – Yahoo Finance

wolf speed (NYSE:Wolf) The stock price has tumbled in Thursday trading following the company's latest quarterly report. The chip specialist's stock price was down 33.2% as of 1pm ET. After the market closed yesterday, Wolfspeed announced its first quarter results for the current fiscal year, which ended September 29th. The company posted a smaller-than-expected loss […]

S&P 500 futures soar to record high after Trump claims victory – Yahoo Finance

Written by Lisa Pauline Matakkal and Ankika Biswas (Reuters) – Wall Street's major indexes rose to record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after losing the White House. . Wall Street expects U.S. president to be quick to slam tax cuts, deregulation […]

Some Bank of Canada Officials Feared Jumbo Cut Would Be Misread – Yahoo Finance

(Bloomberg) — Some Bank of Canada officials worried that a half-percentage point rate cut could be misinterpreted as a sign of economic troubles. Most Read Articles on Bloomberg A summary of October's interest rate decision deliberations shows that some on the bank's board believe that if borrowing costs are lower than usual, investors and Canadians […]

Euro, yen bounce as dollar stalls near three-month highs – Yahoo Finance

Written by Kevin Buckland and Medha Singh TOKYO/LONDON (Reuters) – The U.S. dollar stalled near three-month highs against other major currencies on Thursday, supported by expectations that the pace of interest rate cuts by the Federal Reserve will slow, while the dollar weakened against the euro. The Japanese yen has risen from recent lows. . […]

Stocks Waver on US Election Risks, Yen Advances: Markets Wrap – Yahoo Finance

(Bloomberg) — European stocks rose on a number of strong earnings results, while U.S. stock futures pointed to gains on Wall Street after Tesla Inc. reported surprising results. Most Read Articles on Bloomberg The Stoxx 600 rose 0.5%, supported by strong results from Barclays, Unilever and Hermès. Nasdaq 100 futures rose 0.7% and the stock […]