Business: Riot Platforms is a bitcoin mining and digital infrastructure company. It has bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver. It operates a bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in bitcoin mining. The Engineering segment … Read more
CNBC’s Jim Cramer reviewed Friday’s market action, dubbing the session an “exquisite moment,” where stocks opened weak, but the averages climbed by the close. While he said this particular moment has come and gone, he listed ways investors can recognize one in the future, saying these conditions can yield big gains. “We used to call … Read more
BlackRock expects infrastructure and cybersecurity plays to shine in 2025. Jay Jacobs, the firm’s U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. “It’s still very early in the AI adoption cycle,” he told CNBC’s “ETF Edge” this week. According to Jacobs, AI companies need to build out … Read more
Rafael Enrique | Lightrocket | Getty Images Macroeconomic uncertainty and potential policy changes under the administration of President-elect Donald Trump have driven the stock market to new heights the past four weeks. But investors stand to benefit if they ignore short-term noise to focus instead on companies that can navigate challenges and deliver solid returns … Read more
Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started to perk up … Read more
President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration’s policy-making discussions from trade to taxes and deregulation. Trump made the announcement in a post on Truth Social. He also tapped attorney Jamieson Greer on Tuesday to serve as the U.S. Trade Representative, rounding out … Read more