Open: 1056.0 Close: 1058.18 Change: 2.18

Today's Summary

Government sold $766 billion in Treasury securities this week, in 10 auctions, including six Treasury bill auctions and four Treasury note auctions. 30-year Treasury yield inched up 2 basis points to 4.87% on Friday. 10% of research at the Fed board and regional banks shifted. Figma, the AI-powered design software provider, plunged another 7.4% to $24.00 on Monday. Figma has made it into our pantheon of Imploded Stocks. Nvidia will still be a respectable $1.5 Trillion even after 70% plunge. PayPal plunged 20% on Tuesday, to $41.70, after it reported earnings that missed expectations on a variety of metrics. PayPal shares plunged 86% from the 2021 goofball high and right into our imploded stocks | wolf street. Job openings are mostly the result of quits, layoffs & discharges, and other separations (retirements, deaths while employed, etc.), all of which are tracked by todays JOLTS. Layoffs and discharges undid part of the plunge in November and remained historically low in November. Both parties and the mainstream media often use the stock market as a barometer for the economy. The majority of the American public is tired of being told that, as evidenced by the fact that they still feel the economy sucks. Bitcoin Treasury Company Strategy Plunged 77% from its High. Eli Lilly stock soared 10% in one trading session this week, sparked by a strong earnings report. The pharma giant has been offering investors the best of both worlds in recent years: the safety pharma stocks are generally known for, along with growth. Barry Ritholtz is the co-founder, chairman, and chief investment officer of Ritholz Wealth Management LLC. Hear how AI is reshaping corporate priorities around data, infrastructure, and productivity. Discusses the rise of the slopagandist, reminiscent of yellow journalism of the 19th century. Frida Ghitis: Where does a liberal go from here? She says the self-immolation of Reaganite conservatism in the 2000s left liberalism with no real check on its ideological overgrowth. The components that go into making electric vehicles are increasingly the same as the components that make cars, drones, robots and tons of other stuff. Bitcoin is currently trading at $71,299, down 6.1% on the day and 44% from its October 2025 all-time high of $126,080. Bhutan began mining Bitcoin around 2019 using its abundant hydroelectric power, quietly accumulating digital assets as part of an economic diversification. Big Tech companies planned $500 billion war chest to dominate artificial intelligence could offer lifeline to a Bitcoin. Bitcoin bounced back from $73,000, swept below $63,000 and local bottom near $60,000. Ford Motor Co. recently incurred $1.6 billion in charges tied to paring EV production capacity. Chinese automakers are already building factories all over the world. Crypt exchange Gemini is closing shop in the UK, European Union, and Australia and cutting a quarter of its staff. Bitcoin would need to fall to around $8,000 per coin and stay at that level for five to six years before the company would face serious difficulty servicing its convertible debt. Strategy held 713,502 bitcoin at an average cost of $76,052 per coin. Bitcoin price stabilizes after days of extreme volatility that rattled crypto and broader financial markets. Strategy and BitMine hold the biggest paper losses of $9.2 billion and $8.4 billion. IREN and CleanSpark shares fell sharply after both companies missed revenue estimates in their latest earnings reports. President Trump and his sons Eric, Donald Jr., and Barron, are listed. Bitcoin and Ethers tumble as price of Bitcoin stabilizes after dropping 14% on Thursday. Devon-Coterra merger reshaping landscape of Big Oil, with not-quite-supermajors gobbling up more and more of the market. Thousands of users lost $90.7 million on Thursday alone. WallStreetBets Live was forced to change its name through a cease and desist letter. Martin Shkrelis scheduled session also fell through, leaving attendees without the controversial investor. Anthony Scaramucci was unable to make an appearance in-person.