US Markets

Tesla's bitcoin stash grows to $2.48B

Tesla Inc. said on Wednesday that the fair market value of its bitcoin holdings was $2.48 billion, suggesting it is sitting on a sizeable gain on its initial investment.

Dow up 227 points, S&P just shy of record

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate.