Tag: Financial Investment Services

[ad_1] The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.…

[ad_1] Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from…

[ad_1] The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a…

[ad_1] “Investors should not assume they have ‘seen everything.’ ” That’s executives at leading hedge-fund firm Elliott Management Corp. warning that the world is heading toward the worst financial crisis…

[ad_1] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…

[ad_1] Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The…

[ad_1] “‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and…

[ad_1] Sports-merchandising company Fanatics Inc. has picked a finance chief for its sports-betting and gambling division ahead of its planned launch early next year. Jacksonville, Fla.-based Fanatics on Tuesday named…

[ad_1] Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts as the latest big financial institution to look for ways to reduce costs headed…

[ad_1] Kakao Corp. shares 035720, -5.35% slumped early Monday after a fire at one of its data centers over the weekend disrupted its popular messaging app and other fintech services.…

[ad_1] Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with…

[ad_1] Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside…

[ad_1] Apple Inc. is deepening its involvement in the world of financial services. The consumer-electronics company plans to let Apple Card users park their Daily Cash in a high-yield Goldman…

[ad_1] Cryptocurrency exchange Binance temporarily halted its blockchain network after $568 million worth of cryptocurrency was stolen off the platform. The exploit occurred on a bridge between blockchains and hackers…

[ad_1] U.S. stocks fell sharply Friday, cutting into weekly gains, after September jobs data showed an unexpected fall in the unemployment rate that’s expected to reinforce the Federal Reserve’s resolve…

[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…

[ad_1] CME Group Inc. criticized crypto exchange FTX’s plan to cut out the middlemen in the futures markets. Now, the Chicago exchange giant is taking a step in the same direction. In…

[ad_1] The Republican Party’s chances of taking control of the U.S. Senate in November’s midterm elections have been bouncing back, with betting market PredictIt putting them at 45% on Monday — a…

[ad_1] Cathie Wood’s ARK Investment Management LLC on Tuesday debuted the ARK Venture Fund, the firm’s first foray into private investments. The venture fund intends to invest in early- to…