From a purely statistical standpoint, Wall Street has loved having Donald Trump in the White House. During his first, non-consecutive term, the ageless Dow Jones Industrial Average (^DJI +0.14%), benchmark S&P 500 (^GSPC +1.08%), and tech-inspired Nasdaq Composite (^IXIC +1.91%) rallied by 57%, 70%, and 142%, respectively. While it’s normal for the major stock indexes…
DefiLlama shows Pump.fun generated $108.3 million in gross revenue during the first quarter and $69.2 million in the second quarter to date, marking a 36.1% decline from the prior quarter’s pace. The broader Pump stack, which includes PumpSwap and Terminal alongside Pump.fun, shows Q2-to-date gross protocol revenue of $179.3 million, 37.5% below the first quarter’s…
The S token, the native utility asset behind the Sonic blockchain, dipped on Friday after Sonic Labs announced the resignation of three former executives from its board. The S token fell to 0.031, down 5% over 24 hours. The resignations include Michael Kong, a former CEO of the Fantom Foundation and director at Sonic Labs;…
Ethereum is trading just under $1,700 as bulls and bears contest a resistance band that will likely determine the next price prediction. The number flatters slightly; intraday snapshots have ETH ranging from high $1,600 to low $1,700, underlining just how contested this zone is. What the price chart alone doesn’t capture is what is happening…
If you rely on Social Security today or expect to in the future, there’s one date you should have on your radar — 2032. Granted, that’s kind of a broad date. But you should know that it’s the year when Social Security’s Old-Age and Survivors Insurance (OASI) Trust Fund is projected to run out of…
Key Takeaways The National Assembly passed 176 reforms on Thursday, opening Cuba to private investment. Under new rules, Cuba allows private firms with over 100 staff and private real estate market investment. Trump’s sanctions forced Diaz-Canel to exert reforms to save the island’s crashing economy. Cuba Backpedals On Socialism With New Economic Reforms Cuba, one…
Comparing the iShares U.S. Financials ETF (IYF 0.99%) to the SPDR S&P Regional Banking ETF (KRE +0.80%) highlights a classic trade-off: broad-sector stability versus highly concentrated industry volatility. Both funds offer exposure to financial companies, but they serve different roles in a portfolio. While IYF provides a diversified look at the entire U.S. financial sector,…
Cardano (ADA) trades near $0.160 with weak momentum and fading buying pressure. The key support at $0.157 is critical, with $0.13 risk if it breaks. Oversold signals and the Leios testnet could trigger a short rebound soon. Cardano (ADA) continues to trade under pressure, holding near the lower end of its recent range as both…
In brief Users across X report sharper outputs and unusually long response times in ChatGPT and Codex this week. Some users reported significantly improved web design and 3D video game outputs from ChatGPT. A formal release for GPT-5.6 is rumored for next week, but OpenAI has yet to announce plans. Something felt different in ChatGPT…
STRC, Strategy’s perpetual preferred stock, traded as low as $82.61 on June 18 before recovering to $88.59, putting the security nearly 17% below its $100 stated amount at the intraday low. MSTR fell 3.4% to $112.53 during the same session, while Bitcoin traded near $62,730, down about 2.5%. Strategy designed STRC to hover around $100…
