GameStop shares drop, reversing Wednesday’s rally, on planned debt issue to buy bitcoin
The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin.
Stocks making the biggest moves premarket: General Motors, GameStop, Nvidia, Jefferies and more
These are the stocks posting the largest moves in premarket trading.
Chinese consumer companies signal spending is picking up again
Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels.
Stocks making the biggest moves midday: GameStop, Dollar Tree, Cintas and more
These are the stocks posting the largest moves in midday trading.
Trump says tariffs coming in April will ‘probably be more lenient than reciprocal’
The comments come as investors worry that a more severe approach signaled by the Trump administration would dampen sentiment enough to slow down the economy.
Stocks making the biggest moves premarket: GameStop, Chewy, Dollar Tree, Wingstop and more
These are the stocks posting the largest moves in premarket trading.
China’s artificial intelligence boom might help mitigate some tariff pain
For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is generative artificial intelligence.
IndusInd Bank, stung by accounting lapses, raised $2 billion via market deposits in March
IndusInd Bank raised $2 billion in higher-cost bulk deposits in March to strengthen its funding base after accounting discrepancies led to concerns over its governance. The bank’s move to issue certificates of deposits at a higher rate aims to maintain liquidity amidst the scrutiny.
GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy
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Treasury scraps reporting rule for U.S. small business owners
The Treasury Department issued a rule that significantly waters down the number of businesses that must report information about their owners.