Bitcoin and other cryptocurrencies held relatively steady on Wednesday despite a selloff in the stock market as rising bond yields heaped pressure on risk-sensitive assets. Traders remain bullish about big gains in the weeks ahead. The price of Bitcoin has fallen less than 1% over the past 24 hours at…

Please, take that finger off the Sell button. This is the best buying opportunity since the bank failure panic in March. Vanilla investors are giving away perfectly good dividends. Let’s grab the bargains. Why the panic? Well, the 10-year Treasury yield burst through the 4.3% ceiling I’ve been pointing to.…

Shares of Marathon Digital Holdings Inc. surged Wednesday after the bitcoin miner said the bitcoin mined in September was more than triple that of a year ago, and up 16% from the month before. “The increase in bitcoin production from August was due to improved uptime and decreased curtailment activity…

The U.S. Patent and Trademark Office’s patent trial and appeal board has agreed to review a Novo Nordisk NVO, +1.44% patent covering certain strengths of Ozempic, a Viatris VTRS, +0.52% spokesperson said Wednesday. The patent challenge was filed by Mylan Pharmaceuticals, which is now part of Viatris. Viatris is “pleased”…

Exxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of around $1 billion from rising crude prices. Exxon XOM, -3.74% estimated between $900 million and $1.3 billion more than second-quarter profit due to crude-price changes, and between $200 million and…

BlackBerry Ltd. shares rose in the extended session Wednesday after the company announced it planned to spin off its Internet-of-Things business in an initial public offering. BlackBerry BB, -1.84% shares rose nearly 5% after hours, following a 1.8% decline to close at $4.27. In a statement Wednesday, BlackBerry said its…

Clorox Co. shares fell in the extended session Wednesday after the company slashed its outlook stemming from the impact of a cybersecurity attack over the summer. Clorox CLX, +1.21% shares fell about 3% after hours, following a 1.2% gain to close the regular session at $131.83. At Wednesday’s close, Clorox…

Crypto traders are scarce, and that is likely to spell trouble for Coinbase ‘s third-quarter report, Mizuho said on Wednesday. Analysts led by Dan Dolev cut their third-quarter revenue estimates for Coinbase (ticker: COIN) by 7% to $609 million, according to a research note on Wednesday. That compares with sales…

One of the world’s richest men believes that developers are one killer app away from disrupting Google GOOG GOOG and Amazon AMZN . Bill Gates reiterated in May that truly smart, personalized digital assistants will change everything about how way we interact with computers, potentially disrupting tech’s biggest firms. He’s…

Corporate bonds issued by PNC Financial Services Group Inc. drew in fresh capital in a bullish reaction by Wall Street to the bank’s purchase of a portfolio from the former Signature Bank, according to a data provider in the space. Investors bought about $22.5 million in PNC’s PNC, +0.27% bonds later…