Texas Becomes First State to Fund a Bitcoin Reserve with $5 Million Purchase
Texas has purchased $5 million in Bitcoin, becoming the first U.S. state to fund a cryptocurrency reserve. Here's what it means for crypto policy.
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Texas has purchased $5 million in Bitcoin, becoming the first U.S. state to fund a cryptocurrency reserve. Here's what it means for crypto policy.
CRH, Carvana, and Comfort Systems USA will join the S&P 500 on December 22. Here's what the index changes mean for investors and which stocks are being removed.
Despite winning a US license to export H200 AI chips to China, Nvidia has shipped zero units as congressional opposition mounts and DeepSeek reportedly used smuggled Blackwell chips.
Blue Owl Capital permanently halted quarterly redemptions from its $1.6 billion OBDC II fund, triggering a 10% stock drop and intensifying fears about the $1.8 trillion private credit market.
Berkshire Hathaway reported Q4 operating earnings of $10.2 billion, down 29%, while Greg Abel's first annual letter pledged continuity and disciplined capital allocation.
Costco reports Q2 fiscal 2026 earnings on March 5 with 9.3% sales growth, surging e-commerce, and a membership model that makes it uniquely positioned to weather the tariff storm.
OPEC+ meets March 1 to consider adding 137,000 barrels per day to oil production starting in April, ending a three-month freeze. Here is what it means for energy prices.
The Federal Reserve's March 17-18 meeting has become the most important rate decision in two years. Markets are divided on whether the Fed will cut 25 basis points or hold at 3.50-3.75%.
Q4 2025 earnings season wraps with the S&P 500 posting 14.2% growth, the fifth consecutive double-digit quarter. But tech drove 66% of gains, creating a dangerous concentration.
Monster Beverage reported record Q4 2025 revenue of $2.13 billion, a 17.6% jump, while net income surged 66% to $449 million. International sales now represent 42% of revenue.
The iShares Expanded Tech-Software ETF (IGV) has fallen 22% in four weeks, its worst stretch since 2020, as AI automation tools threaten to replace entire categories of enterprise software.
Bitcoin has fallen nearly 48% from its October peak of $126,000 to below $67,000, marking February as the worst month for crypto since the FTX implosion in 2022.