A bit of a snapback.
Category: Business
-
The S&P 500’s internals are awful… while it’s still less than 5% from its record closing high
The breadth of negative momentum within the index’s constituents is even worse than at the tariff-induced market bottom in April 2025. -
Most Americans have heard about data centers — the more they learn, the more negative their views
A major survey by Pew gives us a good look at how Americans are thinking about data centers as they start popping up in communities across the US. -
After a big pullback for EVs, climbing gas prices are causing drivers to eye them again
Still, the market is much different than it was the last time oil prices were this high. -
Trump meme coin skyrockets following new gala luncheon invitation for largest holders
The value of the presidential meme coin has increased over 53% in the last 24 hours to trade above the $4.20 level. -
Bitcoin hits its highest level in a week, crossing $73,000
“A firm break above 73K will set us up for a nice rally,” one analyst noted. -
These two charts show how the Iran war is causing markets to price in a longer oil supply crunch
The rise of third-month Brent futures relative to front-month this week is unprecedented since at least 1989. -
Bitcoin bounce lifts crypto stocks
There’s been a bit of a rebound in bitcoin despite the Mideast chaos and war. -
Uber relaunches robotaxi service with Hyundai-backed Motional in Las Vegas
The companies did a ride-hailing test there back in 2022. -
Carvana announces plans for a 5-for-1 stock split, the company’s first
Carvana shares were up 2% in premarket trading on Friday. -
McDonald’s plans $3 menu items as fast food loses its price edge
Americans are spending more of their dining-out dollars at full-service restaurants again. -
Klarna jumps after filing reveals that chairman Michael Moritz bought ~$50 million in stock
Per the buy now, pay later giant’s regulatory filings reported late on Thursday, Moritz purchased over 3.47 million shares between March 3 and 11 through an associated entity in multiple open market purchase…
