Honeywell (HON) Stock Split: Wall Street Predicts 30% Gain From Dual-Entity Breakup
Honeywell (HON) stock drops ahead of its June 29 split. Analysts predict 30-35% upside as Aerospace and Technologies trade independently. Full breakdown. The post...
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022
Inflationary pressures are frustrating Americans five months before midterm elections.
Bitcoin ETFs Still Hold 93% Of Their BTC: Are Institutions Not Bearish After All?
Bitcoin (CRYPTO: BTC ) ETF net assets have fallen back to election night levels, but analyst Scott Melker argues the dollar decline is price action not...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran.
Donald Trump threatens to strike Iran’s oil infrastructure tonight, rattling energy and crypto markets
Trump's threat to Iran's oil infrastructure could destabilize global energy markets, impact inflation, and increase crypto market volatility. The post Donald Trump...
US producer prices rise at fastest pace in over three years amid Iran war fallout
Rising producer prices amid geopolitical tensions could prolong inflation, complicating monetary policy and impacting risk asset markets. The post US producer...
Wall Street Giant BlackRock Is About to Launch a Yield-Bearing Bitcoin ETF
TL;DR: BlackRock is nearing launch of the iShares Bitcoin Premium Income ETF, expected to trade on Nasdaq under BITA. BITA will hold bitcoin and IBIT shares, then...