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Tesla was named the "Top Pick" for U.S. auto firms by Morgan Stanley, which pointed to the EV maker's moves into AI and robotics.

NEW YORK (Reuters) -Kraken, one of the world's largest cryptocurrency exchanges, said on Monday the U.S. Securities and Exchange Commission agreed in principle to dismiss a civil lawsuit accusing it of operating illegally as an unregistered securities exchange. In a statement on its blog, Kraken called the dismissal a turning point for cryptocurrency that ended a "wasteful, politically motivated campaign" begun during the Biden administration, and which stifled innovation and investment. Kraken said the dismissal includes no admission of wrongdoing, no penalties, and no changes to its business.

President Trump's social media post on a crypto reserve sent markets soaring, but raised questions.

Prada's effort to purchase the Versace brand from Capri Holdings Limited is reportedly moving closer to completion.

(Bloomberg) -- Warren Buffett is upping his bets in Japan after trading houses relaxed the ceiling on his company’s holdings. US President Donald Trump is aiming to make good on plans to levy tariffs on Mexico, Canada and China, just as the country plans to import more agricultural goods than ever. And Germany’s newly elected leadership has a lingering power problem waiting for them. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge B

European defence stocks drove much of the positive market momentum on Monday, boosted by expectations of higher defence spending by several countries like Germany.View on euronews

Extreme sentiment suggests a potential market bottom, President Trump announces a crypto strategic reserve, and Tesla is renewed as a "Top Pick" at Morgan Stanley.