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Nasdaq posts record closing high with tech gains, rate cut optimism
Nasdaq posts record closing high with tech gains, rate cut optimism

Yahoo

time08-08-2025

  • Business
  • Yahoo

Nasdaq posts record closing high with tech gains, rate cut optimism

STORY: U.S. stocks ended higher on Friday, with the Dow adding nearly half a percent, the S&P 500 climbing more than three-quarters of a percent, and the Nasdaq gaining one percent to notch a record closing high for the second straight day. The three major indexes registered solid gains for the week, notes Steven Schoenfeld, CEO of MarketVector Indexes. "It's a combination of some geopolitical hopes - the fact that the President is going to meet with [Russian President Vladimir] Putin very near term is giving some hope of relaxation of geopolitical tensions - earnings continue to be strong, and the hope for lower interest rates." Stocks on the move included Apple, which rose more than 4% Friday and was up over 13% for the week, it's biggest weekly percentage gain since 2020. Also helping the S&P 500 were shares of Gilead Sciences, which jumped more than 8% after the biopharmaceutical company raised its full-year financial outlook. And shares of Expedia rose more than 4% after the online travel agent raised its annual forecast for gross bookings and revenue growth. Related Videos Dip buys, stagflation talks, gold tariff scare: Market takeaways Lincicome: Ton of Tariff Details Yet to Be Ironed Out E.l.f. Beauty CEO: 'I am worried about the American consumer' Barings' Burton on Tight Credit Spreads Inflation will be in focus next week, which could serve as a test for the stock market rally. The monthly U.S. consumer price index report is due on Tuesday, and some investors say equities could be set for a pullback depending on what it reveals. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

How to find the best crypto to buy now
How to find the best crypto to buy now

New York Post

time22-06-2025

  • Business
  • New York Post

How to find the best crypto to buy now

The New York Post may receive revenue from affiliate/advertising partnerships for sharing this content and/or if you click or make a purchase. If you're trying to figure out which cryptocurrency to buy today, one of the best places to start is Best Wallet. A crypto wallet and discovery platform, Best Wallet offers users a curated experience to track trending tokens, research new projects, and access tools that help make smarter investing decisions. Whether you're a seasoned investor or just getting started, platforms like Best Wallet can provide the real-time insights and analytics needed to navigate the often chaotic world of crypto. Advertisement Are You Crypto Curious? How to start crypto trading today Best Wallet Download a trusted exchange app — Start by choosing a licensed crypto exchange. We recommend starting with the Best Wallet app, available for both iOS and Android. Create and verify your account — Sign up using your email, Google, or Apple ID. To complete registration, you'll need to verify your identity with a government-issued ID and enable two-factor authentication (2FA) for added security. Fund your account — Deposit money into your account by linking a bank account or credit card or even using gift cards. Choose an option that best fits your lifestyle. Buy your first cryptocurrency — Use the app's marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction. Choose how to store your crypto — Decide whether you'll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection. LEARN MORE When evaluating cryptocurrencies, Martin Leinweber, director of digital asset research and strategy at MarketVector Indexes, suggests focusing on fundamentals. 'Identify cryptocurrencies through research into their fundamentals, such as network security, adoption rates, and GitHub activity, while using platforms like CoinMarketCap for market insights, keeping in mind their highly speculative risks,' he says. Advertisement Ethereum is the second most valuable cryptocurrency when measured by market capitalization. Alvaro – That means understanding a coin's technological foundation, the problem it aims to solve, its active user base and developer contributions. Tools like on-chain analytics and blockchain explorers can help investors gauge activity levels, while whitepapers and roadmaps provide a sense of long-term vision. But no matter how solid a project appears, volatility is always a risk in crypto. Advertisement Bitcoin and Ethereum still lead the pack by market cap and adoption. 'Large-cap cryptocurrencies like Bitcoin, valued for its store-of-value narrative, and Ethereum, known for its robust smart contract ecosystem, are often considered leaders due to their market dominance and adoption, but all remain highly speculative,' says Leinweber. Bitcoin is often dubbed 'digital gold,' while Ethereum's programmable blockchain powers everything from NFTs to decentralized finance (DeFi). Both have established track records and strong community support — but they're not without risk. Emerging contenders like Solana and Avalanche have drawn attention for their scalability and lower fees. Advertisement 'Among newer tokens, projects like Solana stand out for their high-throughput capabilities,' says Leinweber, adding that even these require scrutiny of 'their whitepapers and team credibility.' Finding the best crypto to buy requires more than just reading headlines. Investors should evaluate a project's 'tokenomics,' development activity, partnerships and community strength. 'Assess their technological innovation, market traction, and developer activity, using data from whitepapers, on-chain analytics, and reputable reports, but recognize their speculative nature,' Leinweber advises. When evaluating cryptocurrencies, experts suggest to focus on the fundamentals. WESTOCK – In addition to platforms like Best Wallet and CoinMarketCap, crypto Reddit forums, Discord groups and podcasts can provide insight into how a project is being received by the wider community. Long-term investors should prioritize sustainable growth and real-world utility. 'Large-cap tokens like Bitcoin, often seen as digital gold, and Ethereum, powering decentralized applications, are frequently favored for long-term potential due to their established ecosystems,' Leinweber says. Before buying, take a close look at whether the project aligns with trends like scalability, modularity, or interoperability — key themes in the evolution of blockchain tech. Cross-checking data from independent sources is essential. Advertisement If you're investing for the long haul, Bitcoin and Ethereum remain go-to options. 'Large-cap cryptocurrencies like Bitcoin, with its institutional backing, and Ethereum, with its vast developer ecosystem, are often highlighted for their relative stability, but their speculative nature means significant risks remain,' Leinweber warns. Long-term investors should prioritize sustainable growth and real-world utility. Travis – Emerging coins with strong fundamentals, a dedicated development team, and growing adoption might also offer upside — but they come with higher risk. That's why even long-term plays require regular re-evaluation. Advertisement New tokens often capture attention with bold promises and viral marketing, but caution is key. Look for projects with transparent leadership, detailed roadmaps, and meaningful use cases. Leinweber points to Solana as an example of a newer token showing strong throughput capabilities but emphasizes its speculative nature. With no history to fall back on, newer projects demand heightened scrutiny. Reading the whitepaper, understanding the community, and watching how the project delivers on early milestones can reveal a lot. There's no one-size-fits-all answer. Your ideal crypto depends on your risk tolerance, investment timeline and interest in particular sectors—like DeFi, gaming, or infrastructure. Advertisement Leinweber notes that even the most established coins carry risk. 'Decisions should be informed by deep research into project fundamentals and market dynamics, acknowledging the potential for sharp fluctuations,' Leinweber says. Diversifying across market caps and use cases can help spread risk while offering exposure to innovation. Staying informed is non-negotiable. 'Trusted sources like CoinDesk, CoinTelegraph and The Block provide in-depth coverage of large-cap tokens like Bitcoin and Ethereum, while X offers real-time updates from developers and insiders,' Leinweber says. Advertisement 'Though all crypto markets remain speculative and prone to misinformation.' Experts say Solana is an example of a newer token showing strong throughput capabilities, though they warn of its speculative nature. Art_Photo – Cross-verifying news is essential. Look for direct quotes, links to official channels and data-backed reporting. Platforms like Best Wallet also offer curated news that filters out the noise. Even the best advice comes with a disclaimer. 'Look to reputable analysts, industry whitepapers, and platforms like X for insights, but their speculative nature means even expert advice carries uncertainty,' Leinweber says. For financial guidance tailored to your situation, consulting a licensed advisor is wise. Pair that with your own research and you'll be in a better position to make informed decisions. In the end, the best crypto to buy now is the one that aligns with your goals, backed by solid fundamentals and a community that believes in its future. And when in doubt, platforms like Best Wallet can help you cut through the noise and make smarter, data-driven choices. New York Post Approved Our No. 1 Pick Best Wallet The Best Wallet app puts security first with biometric logins, two-factor authentication, and full non-custodial control — so you hold your keys, not just your coins. With support for thousands of altcoins across 60+ blockchains, it pairs top-tier security with powerful, user-friendly tools — making it the safest, most innovative way to HODL, swap, and manage your crypto. Learn More 108M+ Users Worldwide Coinbase Coinbase is building a more inclusive financial future for over a billion people, enabling them to trade, stake, spend, and transfer crypto on a secure and trusted platform. It powers the on-chain economy with essential infrastructure, global access, and a commitment to fair, responsible innovation. Learn More 114.9% BTC Reserve Ratio Kraken Kraken takes crypto security seriously, with FIDO2-compliant Passkey logins, encrypted communications, and customizable API permissions that keep your account firmly in your control. With no phone-based recovery, time-locked global settings, and real-time threat monitoring, it's built to protect your assets at every layer. Learn More $232B Platform Assets Robinhood Robinhood Crypto offers a user-friendly platform for trading and transferring digital assets, including the ability to securely and easily send and receive crypto to and from external wallets. With its self-custody Robinhood Wallet, it manages crypto holdings across multiple blockchains, including Ethereum, Bitcoin, and Solana. Learn More 20% of Global Crypto Secured Ledger Ledger is a leading provider of secure hardware wallets, offering devices like the Ledger Nano X and Ledger Stax that protect private keys offline using industry-leading Secure Element chips and a proprietary operating system. Paired with the Ledger Live app, manage over 5,500 digital assets, including cryptocurrencies and NFTs. Learn More 100M+ Users & Growing lets you buy, sell and trade over 400 cryptocurrencies, including Bitcoin and Ethereum, with zero-fee USD deposits, wire, and Apple/Google Pay. With a user base exceeding 140 million, the platform gives advanced trading options, a self-custodial wallet through Onchain, and industry-leading security certifications. Learn More $53T+ in Transactions Uphold Uphold is a multi-asset trading platform that enables users to buy, sell, and swap over 360 cryptocurrencies, 27 fiat currencies, and four precious metals, all in a single step. With features like assisted self-custody via the Uphold Vault, staking rewards up to 16.8%, and real-time reserve transparency, it offers a secure and versatile experience for both beginners and seasoned investors. Learn More The New York Post may receive revenue from affiliate/advertising partnerships for sharing this content and/or if you click or make a purchase.

Bloomberg Intelligence: US to Demand Putin Accept Ukraine's Right to Military Force
Bloomberg Intelligence: US to Demand Putin Accept Ukraine's Right to Military Force

Bloomberg

time24-04-2025

  • Business
  • Bloomberg

Bloomberg Intelligence: US to Demand Putin Accept Ukraine's Right to Military Force

Watch Alix and Paul LIVE every day on YouTube: Bloomberg Intelligence hosted by Paul Sweeney and Isabelle Lee Today's Podcast Features are: Nick Wadhams, Bloomberg National Security Team Leader, discusses news the U.S will demand that Russia accept Ukraine's right to have its own army and defense industry as part of a peace agreement between Moscow and Kyiv. Joy Yang, Head of Index Product Management at MarketVector Indexes, discusses her outlook for the markets. Wall Street investors weighing the impacts of President Donald Trump's trade war on Corporate America sent stocks climbing on bets the Federal Reserve could cut rates sooner than anticipated to prevent a recession. Tyler Kendall, Bloomberg Television Washington Correspondent, discusses the latest on tariffs. China demanded that the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism of the country. Damian Garde, Bloomberg Health Reporter, discusses Merck saying it expects to lose $200 million to already-announced tariffs in 2025 amid a roiling trade war between the US and China. The estimate doesn't account for the possibility that President Donald Trump will fulfill his long-held promise of imposing levies on pharmaceutical imports to the US, which would be on top of existing tariffs.

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