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Why Coinbase (COIN) Stock Is Trading Up Today
  • March 24, 2025

Why Coinbase (COIN) Stock Is Trading Up Today

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 6.3% in the afternoon session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they i

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Why AZEK (AZEK) Stock Is Trading Up Today
  • March 24, 2025

Why AZEK (AZEK) Stock Is Trading Up Today

Shares of outdoor living products manufacturer AZEK Company (NYSE:AZEK) jumped 23.6% in the afternoon session after James Hardie Industries offered to acquire the company (AZEK) in a cash and stock deal worth approx. $9 billion. The acquisition price implied a 26% premium to AZEK's average stock trading over the 30-day period before the deal became public.

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Why Is Tesla (TSLA) Stock Rocketing Higher Today
  • March 24, 2025

Why Is Tesla (TSLA) Stock Rocketing Higher Today

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 10.5% in the afternoon session after Reuters reported that the company planned to roll out FSD (full self-driving - highest level advanced driver assistance software) in China. This update signaled meaningful progress in gaining regulatory approval in one of the world's most competitive electric vehicle markets.

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Kenya Failed Final IMF Program Review May Delay World Bank, UAE Funds, S&P Says
  • March 24, 2025

Kenya Failed Final IMF Program Review May Delay World Bank, UAE Funds, S&P Says

(Bloomberg) -- Kenya’s failure to meet key targets in its final review under an International Monetary Fund program that led it to forfeit a disbursement of about $850 million may lead to delays in it obtaining other external financing, S&P Global Ratings said. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget

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Robinhood Prediction-Markets Arm Gets Massachusetts Subpoena
  • March 24, 2025

Robinhood Prediction-Markets Arm Gets Massachusetts Subpoena

(Bloomberg) -- Robinhood Markets Inc.’s prediction-markets business received a subpoena from Massachusetts’ Secretary of State Bill Galvin, who’s looking into links to gambling for its sports-event contracts, especially for younger users.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands

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Amid Elon Musk backlash, Tesla used car market slumping in Chicago
  • March 24, 2025

Amid Elon Musk backlash, Tesla used car market slumping in Chicago

With anecdotes of owners trading in their Teslas amid backlash over CEO Elon Musk’s unelected role as agency dismantler-in-chief for Trump 2.0, don’t be surprised to see a few more of the EVs parked under giant tube men at Chicago-area used car lots this spring. The number of used Teslas for sale in the Chicago area is up 1% in March year-over-year, bucking an overall trend that saw inventory ...

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