After putting in a high of 126,000 in October, Bitcoin lost over 50% of its value, bottoming near 60,000 in early February. Although steep corrections are not uncommon in Bitcoin, this one stung more than most due to the over $1.2% trillion in market cap that evaporated. But what's causing it.Well, the easiest explanation is that Bitcoin often correlates to tech stocks within the NASDAQ. So perhaps it's not a coincidence that the NASDAQ also put in all-time highs in October and then traded down 9% bottoming ...

with Ravi Aguval, the editor of chief, rather editor-in-chief of Foreign Policy magazine. Peter, who is in this group who's not and what do they hope to accomplish. Peter, turn your mic up.Sorry, can you hear me. All good, yeah, go ahead. Okay, sorry, apologies.This is an interesting collection of more than 20 countries that are clearly allies of President Trump, not necessarily all allies of President Trump, not necessarily all allies traditionally of the United States, right. You have countries like Saudi ...

Netflix co-CEO Ted Sarandos tells Bloomberg he is "highly confident" the deal for Warner Bros. Discovery will close. Netflix granted a seven-day waiver to Warner Bros. to reopen talks with Paramount Skydance that ends on February 23. Sarandos discusses why he believes Netflix’s offer is better for shareholders, viewers and theaters with Bloomberg’s Ed Ludlow and Lucas Shaw. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos fro ...

Andrew Mountbatten-Windsor, the disgraced brother of King Charles III who was stripped of his titles last year over his ties to Jeffrey Epstein, was arrested by U.K. police on Thursday on suspicion of misconduct in public office. Joe Scarborough reacted, saying the developments abroad stand in sharp contrast how the “morally bankrupt" GOP is handling accountability in the U.S. MS NOW: My Source for News, Opinion, and the World. Same mission. New name. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS ...

Bring in show music, please. >> This is SquawkPod and I'm CNBC producer Cameron Costa. On today's episode, first the biggest headlines.Open AI is nearing a $100 billion fund raise. Mark Zuckerberg took the stand in a social media addiction trial in California. and Andrew Mountbatten Windsor, formerly Prince Andrew, arrested.Plus, the big media deal on the table. What's to become of Warner Brothers Discovery, Netflix, and Paramount with legendary media investor Mario Gabelli. Netflix, according to him, might ...

So, what's the new sport at the Olympics that involves running up a mountain on skis and tearing down the slopes. Here's everything you need to know about ski in 60 seconds. It's short for ski mountaineering.The basic objective of ski is to ski up and down the course as fast as possible. There's three phases: uphill, transition, and downhill. Skiers put these sticky strips called skins on the bottom of their skis to prevent slipping as they run uphill.On the steepest sections, competitors take off their ski ...

Amazon's market cap surpassed that of Walmart's a long time ago, but only now um have Amazon's sales overall surpassed that of Walmart. Julie, and this is what's been so interesting is really over the past few years, we've moved away from comparing Walmart to Target and we've moved toward comparing Walmart to Amazon. And this is just another example.So many on both Main Street and Wall Street discussing this crossover this morning with Amazon surpassing $717 billion in sales in 2025, whereas Walmart posted ...

>> WELCOME TO "BLOOMBERG ETF IQ ." I AM SCARLET FU. KATIE: I AM KATIE GREIFELD FOR A RARE THURSDAY EDITION OF "BLOOMBERG ETF IQ." SCARLET: IT IS A FULL HOUR SO WE HAVE THAT GOING FOR US. KATIE: NOT TODAY.LET'S GET TO THE BIGGEST STORIES IN THE $21 TRILLION GLOBAL ETF INDUSTRY. A SURGE IN OIL PRICES. SCARLET: WE TAKE A DEEP DIVE WITH KATHY KRISKEY AS THE ASSET CLASS CONTINUES TO BUILD ON ITS MOMENTUM.KATIE: IN JUST A MOMENT OR TWO WE WILL SPEAK TO JOHN KERSCHNER OF JANUS HENDERSON ON THE ETF THEY JUST LAUNCH ...

today. Um, if I wanted to start a company and I wanted to be Bobby Brown, um, and I want to start a cosmetics company, what would you recommend that I do. >> Well, first of all, there's nothing easy in life in general.But if you're a kid that is just coming out of college or even business school, I'd say go work for someone for a year. you know, go really like learn what you can before you start something and and maybe start ideulating and thinking what your company would be before you decide to do it. Don' ...

Breaking news out of South Korea overnight. The country's former president, Yun Sukulele, was sentenced to life in prison for his role in an insurrection back in 2024. He was tried and found guilty of attempting to impose martial law in a bid to stay in power.Let's get straight to NBC News international correspondent Janice Mackie Freyer with more on this. So Janice, first just remind us what Yun did back in 2024 that led to this guilty verdict and why he said he did it. Joe, it was back in December 2024.Yu ...