Investing.com -- Bitcoin slumped after hitting an all-time record Tuesday as investors appeared to take some profit on the popular cryptocurrency's record run, though sentiment remains bullish ahead of the all-important halvening event.
Bitcoin (BitfinexUSD) fell 8% to $61,682, after hitting an all-time of $68,874 earlier on Tuesday.
The move lower comes as some large investors, or so-called "bitcoin whales," appeared to cash in on the record run. Still, sentiment... (continue reading...)
By Brendan Pierson
(Reuters) -The latest trial over claims that Johnson & Johnson's talc products cause cancer ended in a mistrial on Tuesday, as a Florida state court jury said it could not agree on a verdict.
The lawsuit was brought by Bob Sugarman, who said that J&J's talc-based baby powder led his wife to develop ovarian cancer and die from the disease.
J&J said in a statement after the mistrial that its baby powder "is... (continue reading...)
Investing.com -- Main U.S. indexes declined Tuesday as weakness in megacap tech weighed on the Nasdaq and S&P 500.
Here are some of the biggest U.S. stock movers today:
Shares in Tesla (NASDAQ: TSLA) tumbled 5% after the electric vehicle (EV) giant said shipments of its China-made cars dropped to a 14-month low in February.
Shares in Advanced Micro Devices (NASDAQ: AMD) slipped 2.3% after Bloomberg News reported that the U.S.... (continue reading...)
New York (Reuters) - Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.
The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January.
Bitcoin was... (continue reading...)
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. services industry growth slowed a bit in February amid a decline in employment, but a measure of new orders increased to a six-month high, pointing to underlying strength in the sector.
Despite the weakness in employment, comments from services businesses in the Institute for Supply Management (ISM) survey on Tuesday were generally upbeat, and suggested labor shortages remained a constraint... (continue reading...)
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