A continued Fed pause and hope that a spot bitcoin ETF will soon be approved have sent bitcoin (BTC-USD) prices soaring above $41 thousand. Hopes that the Fed may soon cut rates is one of the reasons why Gold (GC=F) has surged to a new high, hitting $2,100. Investors are also trading Spotify (SPOT) on news that it is cutting 17% of its workforce. Alaska Air (ALK) and Hawaiian Airlines (HA) are also trending on the news of their $1.9 billion deal. Other trending tickers on Yahoo Finance include Uber (UBER), Palantir Technologies (PLTR), and Carvana (CVNA).
Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy
3:20 p.m. ET - Vlad Tenev, Robinhood CEO
3:50 p.m. ET - Arun Sundaram, CFRA Analyst
4:40 p.m. ET - Palmer Luckey, Anduril Founder