A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Cryptocurrency exchange Bullish (NYSE:BLSH) announced Tuesday that it received $1.15 billion of its initial public offering proceeds in stablecoins, marking a historic first in the U.S. IPO scene.
The cryptocurrency exchange Bullish (NYSE: BLSH) made a resounding entrance onto the public markets on August 13, 2025, with its shares nearly doubling from their initial $37 IPO price. This highly anticipated debut saw the institutional-focused digital asset platform open at $90.45 and reach highs of $118 before settling
In a tale of contrasting fortunes on the stock market, Chipotle Mexican Grill (NYSE: CMG) saw its shares climb by approximately 3.3% following a series of optimistic analyst upgrades, signaling renewed confidence in the fast-casual giant. Meanwhile, healthcare services and products company Cardinal Health (NYSE: CAH) experienced a significant
Cryptocurrency exchange Bullish is targeting a valuation of up to $4.23 billion in its upcoming initial public offering in the U.S., the company disclosed on Monday, August 4.
AI stocks Palantir and CoreWeave have rocketed higher this year, but certain analysts expect shareholders to sustain major losses in the coming months.
