Covid-19 Vaccine and Cases News: Live Updates

Covid-19 Vaccine and Cases News: Live Updates
Added 2 months ago
Summary: The emergency meeting came after federal health authorities said they were studying rare blood clots in a small number of vaccine recipients and injections of the vaccine were halted across the country. Some public health officials fear a focus on rare potential vaccine side effects may increase hesitancy and expose more people to a bigger danger: the coronavirus itself.
Sentiment: negative
60 minute read
2 people have read this
Cryptos: $SRM$SCRT

Breaking News, Latest News and Videos

Added 3 months ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: negative
9 minute read
3 people have read this
Cryptos: $REN

Business Groups Push Back on Tax Increase in Biden Plan: Live Updates

Business Groups Push Back on Tax Increase in Biden Plan: Live Updates
Added 3 months ago
Summary: Business groups and large corporations reacted negatively on Wednesday to President Biden’s expected proposal to fund his $2 trillion package of infrastructure spending with a substantial increase in corporate taxes.
Sentiment: positive
25 minute read
5 people have read this
Cryptos: $RSV

9 Meters Biopharma Prices Public Offering of Common Stock

9 Meters Biopharma Prices Public Offering of Common Stock
Added 3 months ago
Summary: RALEIGH, NC / ACCESSWIRE / March 30, 2021 / 9 Meters Biopharma, Inc. (NASDAQ:NMTR), a clinical-stage company focused on rare and unmet needs in gastroenterology, announced today the pricing of an underwritten public offering of 30,000,000 shares of its common stock at a price to the public of $1.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to 4,500,000 additional shares of common stock at the
Sentiment: negative
11 minute read
6 people have read this

GSX Founder Halts $3.9 Billion Wealth Slide With Personal Plan

GSX Founder Halts $3.9 Billion Wealth Slide With Personal Plan
Added 3 months ago
Summary: Larry Chen’s announcement that he will spend as much as $50 million of his personal fortune to buy stock in his online tutoring firm GSX Techedu Inc. is already paying off.
Sentiment: positive
4 minute read
4 people have read this

WSJ News Exclusive | Wells Fargo Plans to Bring Employees Back to the Office in September

WSJ News Exclusive | Wells Fargo Plans to Bring Employees Back to the Office in September
Added 3 months ago
Summary: The bank said in a memo that “We believe most of us benefit by being physically together.”
Sentiment: positive
2 minute read
6 people have read this

Xi Jinping's China Is Compelling Investors To Run, Hide Or Hire

Xi Jinping's China Is Compelling Investors To Run, Hide Or Hire
Added 3 months ago
Summary: For any company doing business in China, the choice is now clearer than ever: Avoid commenting on any controversial subjects or risk losing access to the world's second-largest economy.
Sentiment: positive
9 minute read
2 people have read this

Deliveroo Slides 31% in Debut After IPO Beset by Investor Revolt

Deliveroo Slides 31% in Debut After IPO Beset by Investor Revolt
Added 3 months ago
Summary: Food-delivery startup Deliveroo Holdings Plc sank as much as 31% in its London debut after its initial public offering raised 1.5 billion pounds ($2.1 billion), putting pressure on the City’s efforts to boost its profile as a technology and listings hub post-Brexit.
Sentiment: positive
6 minute read
4 people have read this

9 Meters Biopharma Announces Proposed Public Offering of Common Stock

9 Meters Biopharma Announces Proposed Public Offering of Common Stock
Added 3 months ago
Summary: RALEIGH, NC / ACCESSWIRE / March 30, 2021 / 9 Meters Biopharma, Inc. (NASDAQ:NMTR), a clinical-stage company focused on rare and unmet needs in gastroenterology, announced today that it has commenced a proposed underwritten public offering of shares of its common stock. In connection with this offering, 9 Meters Biopharma expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock to be sold
Sentiment: negative
11 minute read
5 people have read this

Credit Suisse in firing line after Archegos losses

Credit Suisse in firing line after Archegos losses
Added 3 months ago
Summary: ZURICH/NEW YORK -Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts and investors warning dividend and share buyback plans may need to go on hold.
Sentiment: negative
6 minute read
4 people have read this
Cryptos: $JST

U.S. weekly jobless claims at four-month low; labor market regaining footing

U.S. weekly jobless claims at four-month low; labor market regaining footing
Added 3 months ago
Summary: The number of Americans filing new claims for jobless benefits dropped to a four-month low last week as an improving public health environment allows more segments of the economy to reopen, putting the labor market recovery back on track.
7 minute read
7 people have read this

Online boom: SoftBank-backed Coupang surges to over $100 billion valuation in debut

Online boom: SoftBank-backed Coupang surges to over $100 billion valuation in debut
Added 3 months ago
Summary: SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea's largest e-commerce company raised around $4.6 billion in the biggest U.S. initial public offering this year.
Sentiment: positive
4 minute read
6 people have read this
Cryptos: $AOA$VSN

U.S. weekly jobless claims at four-month low; labor market regaining footing

U.S. weekly jobless claims at four-month low; labor market regaining footing
Added 3 months ago
Summary: The number of Americans filing new claims for jobless benefits dropped to a four-month low last week as an improving public health environment allows more segments of the economy to reopen, putting the labor market recovery back on track.
7 minute read
10 people have read this

Biden Expected to Nominate Critic of Big Tech to F.T.C.

Biden Expected to Nominate Critic of Big Tech to F.T.C.
Added 3 months ago
Summary: The departure comes after two other senior editors left NewsNation in recent months. The network has struggled to draw viewers.
Sentiment: positive
40 minute read
14 people have read this
Cryptos: $RSV

At Least One Of These Two Trades Has To Blow Up In The Next Few Weeks

At Least One Of These Two Trades Has To Blow Up In The Next Few Weeks
Added 3 months ago
Summary: ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Sentiment: negative
5 minute read
8 people have read this

Veteran Fund Manager Blames Bitcoin for Massive Gold ETF Outflows

Veteran Fund Manager Blames Bitcoin for Massive Gold ETF Outflows
Added 3 months ago
Summary: Bitcoin was trading around $16,000 at the time of Mr. Druckenmiller's endorsement of it. Meanwhile, gold had dropped about 15 percent from its record high. It
Sentiment: positive
2 minute read
12 people have read this

Defensive sectors, Adidas lift European stocks; cyclicals fall

Defensive sectors, Adidas lift European stocks; cyclicals fall
Added 3 months ago
Summary: Europe's main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat sales forecast and gains in telecoms and healthcare stocks outweighed losses in the mining and travel sectors.
Sentiment: positive
4 minute read
7 people have read this

"Not Since Madoff..." - Greensill Collapse Could Ripple Through Markets In A Systemic Way

"Not Since Madoff..." - Greensill Collapse Could Ripple Through Markets In A Systemic Way
Added 3 months ago
Summary: ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Sentiment: positive
9 minute read
7 people have read this
Cryptos: $VSN

Bank Regulation Tweak Unlikely to Be Cure-All for Treasurys

Bank Regulation Tweak Unlikely to Be Cure-All for Treasurys
Added 3 months ago
Summary: Extending a pandemic rule enabling banks to hold more Treasurys may have a limited impact on rising yields.
Sentiment: positive
4 minute read
8 people have read this
Cryptos: $RSV

Haunted by 2008, China and U.S. Diverge on Stimulus Plans

Haunted by 2008, China and U.S. Diverge on Stimulus Plans
Added 3 months ago
Summary: The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.
Sentiment: positive
10 minute read
5 people have read this
Cryptos: $RSV

Frontier Group Revives Plans to Sell Shares in New Airline IPO

Frontier Group Revives Plans to Sell Shares in New Airline IPO
Added 3 months ago
Summary: Frontier Group Holdings Inc. revived its plan to go public as expectations build for a recovery in flights after last year’s unprecedented travel collapse.
Sentiment: positive
2 minute read
4 people have read this
Cryptos: $FRONT

Here are 3 ways women can manage their personal finances — and make money

Here are 3 ways women can manage their personal finances — and make money
Added 3 months ago
Summary: Strides have been made for women in finance. But when it comes to personal finance, all too often they lag behind their male counterparts.
Sentiment: positive
5 minute read
9 people have read this

Exclusive: Wells Fargo is joining the green wave sweeping finance

Exclusive: Wells Fargo is joining the green wave sweeping finance
Added 3 months ago
Summary: Wells Fargo is the latest big bank to embrace ambitious lending goals to fight the climate crisis.
Sentiment: positive
8 minute read
23 people have read this
Cryptos: $RSV

Greensill Capital Tumbles Into Insolvency, Spreading Financial Pain

Greensill Capital Tumbles Into Insolvency, Spreading Financial Pain
Added 3 months ago
Summary: SoftBank-backed Greensill Capital filed for insolvency protection, days after regulators took over its banking unit and Credit Suisse froze key investment funds.
Sentiment: negative
3 minute read
8 people have read this
Cryptos: $VSN

Tech Shares Continue to Drop, Dragging Markets Lower

Tech Shares Continue to Drop, Dragging Markets Lower
Added 3 months ago
Summary: Wall Street was mostly lower on Monday as shares of companies poised to benefit from increased economic growth over the next year rose while high-flying tech stocks tumbled.
Sentiment: positive
15 minute read
9 people have read this

Is the lot of female executives improving?

Is the lot of female executives improving?
Added 3 months ago
Summary: Our glass-ceiling index shows some progress in some places. But not enough
8 people have read this

Watershed moment? Bitcoin price exceeded all expectations in February

Watershed moment? Bitcoin price exceeded all expectations in February
Added 3 months ago
Summary: Is this the moment of truth for the real value of Bitcoin? February seems to have been a watershed moment in its history.
Sentiment: positive
11 minute read
10 people have read this
Cryptos: $BTC

China Revs Up Grand Chip Ambitions to Counter U.S. Blacklistings

China Revs Up Grand Chip Ambitions to Counter U.S. Blacklistings
Added 3 months ago
Summary: In just two decades, China sent people into space, built its own aircraft carrier and developed a stealth fighter jet. Now the world’s youngest superpower is setting out to prove its capabilities once more -- this time in semiconductors.
Sentiment: positive
14 minute read
6 people have read this

Breaking News, Latest News and Videos

Added 3 months ago
Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.
Sentiment: positive
20 minute read
7 people have read this
Cryptos: $CAG$MDM

Iran taps old clients in Asia in hopes of US sanctions lifting

Iran taps old clients in Asia in hopes of US sanctions lifting
Added 3 months ago
Summary: The National Iranian Oil Co reached out to five refiners in Asia for possible business deals if the US lifts sanctions.
Sentiment: positive
4 minute read
8 people have read this

Analysis: Top Glove bets on pandemic boom to propel ambitious $1.9 billion HK listing

Analysis: Top Glove bets on pandemic boom to propel ambitious $1.9 billion HK listing
Added 3 months ago
Summary: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
Sentiment: positive
6 minute read
6 people have read this

Citigroup: Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade – Featured Bitcoin News

Citigroup: Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade – Featured Bitcoin News
Added 3 months ago
Summary: Citigroup says bitcoin is at a tipping point and the cryptocurrency could become "the currency of choice for international trade." The firm wrote in a report that "we could be at the start of massive transformation of cryptocurrency into the mainstream."
Sentiment: positive
4 minute read
10 people have read this
Cryptos: $BTC$CS

Bitcoin gains momentum as Goldman restarts crypto desk

Bitcoin gains momentum as Goldman restarts crypto desk
Added 3 months ago
Summary: Goldman Sachs resumed its cryptocurrency trading desk and will begin dealing in bitcoin futures and non-deliverable forwards for clients starting next week
Sentiment: positive
3 minute read
12 people have read this
Cryptos: $BTC

Ethereum Flips Strong Resistance Levels as Price Eyes $2,000-Retest

Ethereum Flips Strong Resistance Levels as Price Eyes $2,000-Retest
Added 3 months ago
Summary: Ethereum prices surged on Wednesday, turning a sequence of crucial resistance levels into supports as bulls eyed an extended run-up to $2,000.
Sentiment: positive
4 minute read
12 people have read this

Bitcoin Could Be at Start of Massive Mainstream Transformation: Citi Report | The Daily Hodl

Bitcoin Could Be at Start of Massive Mainstream Transformation: Citi Report | The Daily Hodl
Added 4 months ago
Summary: The fourth-largest bank in the U.S. by assets says Bitcoin could be on the verge of going mainstream. In a new report, Citigroup’s Global Perspectives & Solutions division argues that Bitcoin provides an advantage in global payments, placing the flagship crypto asset in a position where it "could be at the start of a massive transformation of cryptocurrency into the mainstream."
Sentiment: positive
4 minute read
6 people have read this
Cryptos: $BTC

The U.S. Needs a Third Reconstruction — and Business Should Lead It

The U.S. Needs a Third Reconstruction — and Business Should Lead It
Added 4 months ago
Summary: Four strategies to break down the systemic barriers facing Black Americans.
Sentiment: positive
14 minute read
9 people have read this
Cryptos: $RSV

Chips’ Political Moment Will Need to Last

Chips’ Political Moment Will Need to Last
Added 4 months ago
Summary: A shortage of semiconductor manufacturing capacity is a complex problem that government dollars alone won’t solve.
Sentiment: positive
4 minute read
10 people have read this

Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k | Cryptopolitan

Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k | Cryptopolitan
Added 4 months ago
Summary: The U.S. treasury yields have also toned down in the past two days helping traditional markets stabilize after an abrupt downfall. In the last two days, the
Sentiment: positive
2 minute read
10 people have read this
Cryptos: $BTC$STRONG

Market Wrap: Bitcoin Continues Choppy in High $40Ks Amid Market Indecision - CoinDesk

Market Wrap: Bitcoin Continues Choppy in High $40Ks Amid Market Indecision - CoinDesk
Added 4 months ago
Summary: Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.
Sentiment: positive
2 minute read
8 people have read this
Cryptos: $BTC$USDT$LN

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze
Added 4 months ago
Summary: Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop and other so-called meme stocks earlier in the year.
Sentiment: positive
5 minute read
6 people have read this

As BTC Rally Resumes, Peter Schiff Says Wall Street Firms ‘Now Advocate Buying Bitcoin’

As BTC Rally Resumes, Peter Schiff Says Wall Street Firms ‘Now Advocate Buying Bitcoin’
Added 4 months ago
Summary: Bullish comments/moves in recent days by several major financial institutions such as Citigroup, the Goldman Sachs Group, Fidelity Investments, and JPMorgan Chase, are legitimizing Bitcoin’s store of value narrative, as well as making some perma-bears, such as Peter Schiff, extremely frustrated. Here are a few examples of Wall Street’s seemingly much more positive stance toward […]
Sentiment: positive
6 minute read
9 people have read this
Cryptos: $BTC$RLY

Women making inroads on Wall Street, but still a long way to go

Women making inroads on Wall Street, but still a long way to go
Added 4 months ago
Summary: Pin-up photos and smutty jokes have long been commonplace on trading floors, but the finance world is gradually opening up to women – underlined ...
Sentiment: positive
6 minute read
7 people have read this

Bitcoin Price Re-Entered the Area $50.000 per Chip Today

Bitcoin Price Re-Entered the Area $50.000 per Chip Today
Added 4 months ago
Summary: The price of Bitcoin rose again to the area of ​​US $ 50 thousand or around Rp. 700 million per chip on Tuesday (2/3) after slumping to nearly 40,000 USD per chip last week.   The increase in prices was due to bullish sentiment from Citigroup and Go...
Sentiment: positive
3 minute read
6 people have read this
Cryptos: $BTC

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze
Added 4 months ago
Summary: Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop and other so-called meme stocks earlier in the year.
Sentiment: positive
4 minute read
7 people have read this

Illegal Use of Bitcoin Dropped By 50% in 2020, Citibank Reports

Illegal Use of Bitcoin Dropped By 50% in 2020, Citibank Reports
Added 4 months ago
Summary: Illegal use of Bitcoin fell from about $20 billion in 2019 to about $10 billion in 2020, according to a report released on Monday. That total represented only a small fraction of the overall volume...
Sentiment: positive
1 minute read
13 people have read this

Coinbase Custody Accounted for 11% of All Cryptocurrency Assets in 2020 | Finance Magnates

Coinbase Custody Accounted for 11% of All Cryptocurrency Assets in 2020 | Finance Magnates
Added 4 months ago
Summary: Cryptocurrency analytics platform, Messari mentioned that the custody service of Coinbase accounted for 11% of all crypto assets last year.
Sentiment: positive
2 minute read
11 people have read this

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze

Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze
Added 4 months ago
Summary: Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze
Sentiment: positive
5 minute read
9 people have read this
Cryptos: $FSN

Citibank Sees Start of Bitcoin Transformation into Mainstream

Citibank Sees Start of Bitcoin Transformation into Mainstream
Added 4 months ago
Summary: The bank highlights there are a host of risks that bitcoin will likely face in the process of evolution.
Sentiment: positive
3 minute read
3 people have read this
Cryptos: $BTC

Stocks making the biggest moves in the premarket: Hilton Grand Vacations, J&J, NRG Energy & more

Stocks making the biggest moves in the premarket: Hilton Grand Vacations, J&J, NRG Energy & more
Added 4 months ago
Summary: The stocks making the biggest moves in premarket trading include Hilton Grand Vacations, J&J, NRG Energy, and more.
Sentiment: positive
7 minute read
8 people have read this

Goldman Restarts Cryptocurrency Trading Desk

Goldman Restarts Cryptocurrency Trading Desk
Added 4 months ago
Summary: ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Sentiment: positive
2 minute read
9 people have read this
Cryptos: $BTC

Jane Fraser Is Hitting Refresh at Citigroup

Jane Fraser Is Hitting Refresh at Citigroup
Added 4 months ago
Summary: Jane Fraser wants to simplify Citigroup, the original megabank. That won’t be easy.
Sentiment: positive
2 minute read
9 people have read this

As rising Treasury yields spook stock investors, March looms like a lion

As rising Treasury yields spook stock investors, March looms like a lion
Added 4 months ago
Summary: After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb.
Sentiment: positive
10 minute read
7 people have read this
Cryptos: $RSV

Is this the world’s best stock picker?

Is this the world’s best stock picker?
Added 4 months ago
Summary: ARK Invest’s Tesla bet has made founder Cathie Wood a legend.
Sentiment: positive
10 minute read
15 people have read this

WSJ News Exclusive | U.S. to Impose Sweeping Rule Aimed at China Technology Threats

WSJ News Exclusive | U.S. to Impose Sweeping Rule Aimed at China Technology Threats
Added 4 months ago
Summary: The rule enables the Commerce Department to ban technology-related business transactions that it determines pose a national security threat, part of an effort to secure U.S. supply chains.
Sentiment: negative
3 minute read
7 people have read this

Citigroup Restates Earnings After Writing Down Revlon Loan

Citigroup Restates Earnings After Writing Down Revlon Loan
Added 4 months ago
Summary: Citigroup Inc. restated fourth-quarter results after writing down a portion of a loan to Revlon Inc. it now owns after losing a court battle.
Sentiment: negative
3 minute read
8 people have read this

Turkish Lira Comes Under Fire as Traders Fret Over Central Bank Resolve

Turkish Lira Comes Under Fire as Traders Fret Over Central Bank Resolve
Added 4 months ago
Summary: The Turkish lira tumbled amid speculation the central bank may backtrack on policies that fueled this year’s biggest rally in emerging markets.
Sentiment: negative
4 minute read
7 people have read this

Mining stocks have surged in a struggling U.K. market — and have 2 more tailwinds

Mining stocks have surged in a struggling U.K. market — and have 2 more tailwinds
Added 4 months ago
Summary: Mining stocks have rallied as the global economy has recovered, and there are factors that could further lift the sector.
Sentiment: positive
7 minute read
10 people have read this

Hong Kong’s First Trading Tax Hike Since 1993 Pummels Stocks

Hong Kong’s First Trading Tax Hike Since 1993 Pummels Stocks
Added 4 months ago
Summary: Hong Kong unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the $7.6 trillion market and sending shares of the city’s exchange to their biggest plunge in more than five years.
Sentiment: positive
4 minute read
8 people have read this

Singapore’s Biggest Developer CapitaLand Posts Full-Year Loss

Singapore’s Biggest Developer CapitaLand Posts Full-Year Loss
Added 4 months ago
Summary: CapitaLand Ltd., Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.
Sentiment: positive
4 minute read
8 people have read this

JPMorgan Chase announces latest efforts in its $30 billion commitment to address racial inequality

JPMorgan Chase announces latest efforts in its $30 billion commitment to address racial inequality
Added 4 months ago
Summary: Historically, banks have contributed to inequality through now-banned practices including redlining.
Sentiment: positive
6 minute read
7 people have read this
Cryptos: $CAG

Hong Kong Stock Exchange Looks for Next Act After Record Year

Hong Kong Stock Exchange Looks for Next Act After Record Year
Added 4 months ago
Summary: A year anticipated to be full of headwinds for Hong Kong’s stock exchange turned euphoric instead. The challenge is now to add to the momentum.
Sentiment: positive
6 minute read
9 people have read this

From ‘Butter’ Deal to Lucid: Inside Citi’s 15-Year-Old SPAC Desk

From ‘Butter’ Deal to Lucid: Inside Citi’s 15-Year-Old SPAC Desk
Added 4 months ago
Summary: As Michael Klein negotiated one of the biggest deals ever by a blank-check company, familiar faces sat across the table.
Sentiment: positive
5 minute read
10 people have read this

Forget bitcoin — fintech is the 'real Covid-19 story,' JPMorgan says

Forget bitcoin — fintech is the 'real Covid-19 story,' JPMorgan says
Added 4 months ago
Summary: JPMorgan thinks bitcoin is an "economic side show," despite the cryptocurrency's monster rally.
Sentiment: positive
2 minute read
7 people have read this
Cryptos: $BTC

Apex Clearing to go public via $4.7 billion deal with Ledecky's SPAC

Apex Clearing to go public via $4.7 billion deal with Ledecky's SPAC
Added 4 months ago
Summary: Apex Clearing Corp, a clearing firm and a custodian for digital assets, said on Monday it will go public through a merger with a blank-check firm backed by New York Islanders co-owner Jon Ledecky, in a deal that values the combined entity at $4.7 billion.
Sentiment: positive
3 minute read
8 people have read this
Cryptos: $CPX$SOFI

Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K - CoinDesk

Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K - CoinDesk
Added 4 months ago
Summary: Bitcoin is retreating after climbing to an all-time-high price above $58,000 – despite "laser eyes" focused on the cryptocurrency.
Sentiment: positive
10 minute read
7 people have read this

China’s Yield Appeal Catapults Yuan to Global FX Big League

China’s Yield Appeal Catapults Yuan to Global FX Big League
Added 4 months ago
Summary: The Chinese renminbi’s accelerating transformation from a sleepy backwater of the foreign-exchange market into a currency fit to rival global peers has traders setting aside concerns about how much further it can go without reform and buying into its ascent.
Sentiment: positive
12 minute read
10 people have read this
Cryptos: $SHIFT$CTL

SPACs Face New Test: A Wave of Asia-Focused Deals

SPACs Face New Test: A Wave of Asia-Focused Deals
Added 4 months ago
Summary: Thousands of miles from Wall Street, the boom in blank-check companies is taking hold in a region where major stock exchanges don’t let firms raise money for unspecified uses.
Sentiment: negative
3 minute read
11 people have read this

Inflation Angst Is About to Rewrite the Stock Market Playbook

Inflation Angst Is About to Rewrite the Stock Market Playbook
Added 4 months ago
Summary: For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.
Sentiment: positive
8 minute read
9 people have read this
Cryptos: $RSV

Mark Carney Joins Stripe Board Ahead of New Funding Round

Mark Carney Joins Stripe Board Ahead of New Funding Round
Added 4 months ago
Summary: Former governor of the Bank of England and Bank of Canada Mark Carney has been appointed to the board of Stripe Inc. amid reports that the financial technology business is preparing a new funding round.
Sentiment: positive
3 minute read
14 people have read this

GameStop Craze Puts Holders of Retail ETF on Wild Ride

GameStop Craze Puts Holders of Retail ETF on Wild Ride
Added 4 months ago
Summary: GameStop mania has spilled over into a popular exchange-traded fund, as the WallStreetBets craze reaches beyond shares favored on social media.
Sentiment: positive
9 minute read
8 people have read this
Cryptos: $CTL

Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC

Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC
Added 4 months ago
Summary: Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter.
Sentiment: positive
5 minute read
8 people have read this

VW - Volkswagen’s boss lays out his electric plans | Business

Added 4 months ago
Summary: But he will not kill the internal combustion engine
9 people have read this

Russian discount retailer Fix Price planning London IPO

Russian discount retailer Fix Price planning London IPO
Added 4 months ago
Summary: Russian five-and-dime retail chain Fix Price has said it is considering listing on stock exchanges in London and Moscow, as the group seeks to capitalize on robust growth spurred by rising demand for cheap goods.
8 people have read this

Citibank can't get back US$500 million it wired by mistake, judge rules

Citibank can't get back US$500 million it wired by mistake, judge rules
Added 4 months ago
Summary: After committing one of the 'biggest blunders in banking history,' Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a U.S. District Court judge ruled.
Sentiment: negative
4 minute read
6 people have read this

Family Affair: Panel Orders J.P. Morgan, Ex-Brokers to Pay $19 Million to Grandmother - AdvisorHub

Family Affair: Panel Orders J.P. Morgan, Ex-Brokers to Pay $19 Million to Grandmother - AdvisorHub
Added 4 months ago
Summary: A Finra arbitration panel in Boca Raton, Florida found two former brokers and J.P. Morgan liable in a case brought by the brokers’ 94-year-old grandmother for unauthorized trading and elder abuse.
Sentiment: negative
6 minute read
8 people have read this
Cryptos: $EVAN

Citibank can't get back $500 million it wired by mistake, judge rules

Citibank can't get back $500 million it wired by mistake, judge rules
Added 4 months ago
Summary: After committing one of the "biggest blunders in banking history," Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a US
Sentiment: negative
5 minute read
7 people have read this

Oil extends rally on Texas supply disruptions

Oil extends rally on Texas supply disruptions
Added 4 months ago
Summary: Oil prices advanced further on Wednesday, underpinned by major supply disruption in the south of the United States this week caused by a winter storm in Texas.
Sentiment: positive
3 minute read
9 people have read this

Citigroup cannot recover $644 million it paid out by mistake, US judge rules

Citigroup cannot recover $644 million it paid out by mistake, US judge rules
Added 4 months ago
Summary: Citigroup says it will appeal a US judge's ruling that it is on the hook for almost $1.1 billion in mistaken payments it sent out to 10 financial companies, instead of $10 million worth of interest payments.
Sentiment: negative
3 minute read
5 people have read this

Citibank can't get back $500 million it wired by mistake, judge rules

Citibank can't get back $500 million it wired by mistake, judge rules
Added 4 months ago
Summary: After committing one of the "biggest blunders in banking history," Citibank won't be allowed to recover the almost half a billion dollars it accidentally wired to Revlon's lenders, a US District Court judge ruled.
Sentiment: negative
5 minute read
8 people have read this

Citigroup slashes CEO's pay by 21%, to $19 million

Citigroup slashes CEO's pay by 21%, to $19 million
Added 4 months ago
Summary: Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat's compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing.
Sentiment: negative
3 minute read
11 people have read this

Crypto Nears $1.5 trillion As Bitcoin Surpasses World’s Biggest Banks

Crypto Nears $1.5 trillion As Bitcoin Surpasses World’s Biggest Banks
Added 4 months ago
Summary: A record breaking day for Bitcoin pushes markets ever higher making crypto larger than several financial insrtitutions.
Sentiment: positive
4 minute read
2 people have read this

BlackRock appoints Lord to head APAC business

BlackRock appoints Lord to head APAC business
Added 4 months ago
Summary: BlackRock appoints Lord to head APAC business
Sentiment: positive
1 minute read
9 people have read this
Cryptos: $FSN

Yield on 30-year Treasury Hits 2% for First Time Since Pandemic

Yield on 30-year Treasury Hits 2% for First Time Since Pandemic
Added 4 months ago
Summary: The move comes amid a recent surge in yields of longer-term government bonds compared with short-term debt as traders bet that government stimulus will accelerate a rebound in economic growth.
Sentiment: positive
4 minute read
9 people have read this
Cryptos: $YLD$RSV

Egypt capitalises on bond boom with $3bn borrowing plan

Egypt capitalises on bond boom with $3bn borrowing plan
Added 4 months ago
Summary: Low borrowing costs, hopes of a vaccine-driven global economic rebound are emboldening investors to bet on risky assets.
Sentiment: positive
4 minute read
7 people have read this

Stocks Post Longest Rally Since August; Oil Gains: Markets Wrap

Stocks Post Longest Rally Since August; Oil Gains: Markets Wrap
Added 4 months ago
Summary: U.S. stocks stretched their rally to six days on rising prospects for a robust federal spending package and a slowdown in virus infection rates.
Sentiment: positive
4 minute read
10 people have read this
Cryptos: $RSV

The S&P 500 is on track for surprise earnings growth, and Disney waits on deck

The S&P 500 is on track for surprise earnings growth, and Disney waits on deck
Added 4 months ago
Summary: Sizable earnings beats from Big Tech and the big banks are likely to drive a surprise lift in corporate profits this earnings season.
Sentiment: positive
9 minute read
8 people have read this

How SoftBank’s $100bn Vision Fund bounced back

How SoftBank’s $100bn Vision Fund bounced back
Added 4 months ago
Summary: After posting a record loss last year, fortunes have changed for the Saudi-backed tech investment fund
Sentiment: positive
11 minute read
7 people have read this
Cryptos: $RSV$VSN

Microstrategy’s ‘Bitcoin for Corporations’ Attracted 8,197 Attendees

Microstrategy’s ‘Bitcoin for Corporations’ Attracted 8,197 Attendees
Added 4 months ago
Summary: Ethereum & Bitcoin Blockchain News for US & UK
Sentiment: positive
3 minute read
7 people have read this
Cryptos: $BTC

Taiwan punishes Deutsche Bank, others in currency speculation case

Taiwan punishes Deutsche Bank, others in currency speculation case
Added 4 months ago
Summary: Taiwan's central bank on Sunday said it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended them for two years from trading forex derivatives as part of a crackdown on speculation.
Sentiment: negative
3 minute read
6 people have read this

Taiwan Penalizes Deutsche Bank, 3 Others for Currency Trades

Taiwan Penalizes Deutsche Bank, 3 Others for Currency Trades
Added 4 months ago
Summary: Taiwan penalized Deutsche Bank AG and three other foreign lenders after a probe into speculation on the surging local currency last year involving grain companies.
4 minute read
7 people have read this

Trump Quit Screen Actors Guild to Avoid Disciplinary Action, Union's President Says

Trump Quit Screen Actors Guild to Avoid Disciplinary Action, Union's President Says
Added 4 months ago
Summary: The Republican, who has made cameo appearances in more than a dozen movies, reportedly became a member of SAG-AFTRA in 1989. According to its website, the union...
Sentiment: negative
4 minute read
6 people have read this

SoftBank looks to raise about $550 million through two more SPACs

SoftBank looks to raise about $550 million through two more SPACs
Added 4 months ago
Summary: Two blank-check firms backed by SoftBank Group Corp are aiming to raise a total of about $550 million in their initial public offerings, regulatory filings showed on Friday.
Sentiment: positive
3 minute read
6 people have read this
Cryptos: $VSN

Teens Are Gambling Their Savings on GameStop Stock. Their Parents Are Worried.

Teens Are Gambling Their Savings on GameStop Stock. Their Parents Are Worried.
Added 4 months ago
Summary: The day-trading frenzy firing up stocks like GameStop benefits from capital provided by a growing number of teen investors. “You have to be willing to lose it all.”
2 minute read
2 people have read this

Payrolls barely grow to start 2021 even as the unemployment rate fell to 6.3%

Payrolls barely grow to start 2021 even as the unemployment rate fell to 6.3%
Added 4 months ago
Summary: The Biden administration's first monthly employment report showed that jobs increased by 49,000 in January and the unemployment rate fell to 6.3%.
Sentiment: negative
6 minute read
5 people have read this

Junk Buyers Desperate for Debt Are Pressing Companies to Borrow

Junk Buyers Desperate for Debt Are Pressing Companies to Borrow
Added 4 months ago
Summary: Money managers are having such a tough time getting their hands on debt in the $2.8 trillion market for junk bonds and leveraged loans that they’re calling up companies and pressing them to borrow, instead of waiting for bankers to bring new deals to them.
Sentiment: negative
9 minute read
7 people have read this

Taiwan punishes foreign banks in speculation case, sources say

Taiwan punishes foreign banks in speculation case, sources say
Added 4 months ago
Summary: Taiwan's central bank on Friday told four foreign banks they would be suspended from trading in the deliverable forwards foreign exchange market for their role in helping grains firms speculate against the Taiwan dollar, three sources with direct knowledge of the matter...
Sentiment: negative
3 minute read
4 people have read this

Libor Exit to Cost Global Banks $100 Million Each This Year

Libor Exit to Cost Global Banks $100 Million Each This Year
Added 4 months ago
Summary: Most major global banks will spend more than $100 million each this year preparing for the end of the discredited Libor rate, according to Ernst & Young.
Sentiment: positive
7 minute read
7 people have read this

Ethereum, DOGE on Own Journeys as Inflation Bets Fuel Bitcoin - CoinDesk

Ethereum, DOGE on Own Journeys as Inflation Bets Fuel Bitcoin - CoinDesk
Added 4 months ago
Summary: Altcoins like Chainlink get big boost from DeFi growth on Ethereum, while inflation bets boost bitcoin and dogecoin gets (Elon Musk) moonshot.
Sentiment: positive
13 minute read
4 people have read this

Analysis: GameStop saga may provide early test of Biden administration ethics pledges

Analysis: GameStop saga may provide early test of Biden administration ethics pledges
Added 5 months ago
Summary: Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships.
Sentiment: positive
11 minute read
7 people have read this
Cryptos: $CTL$RSV

Bitcoin Pushes MicroStrategy Up 113% Since Citigroup Downgrade in December

Bitcoin Pushes MicroStrategy Up 113% Since Citigroup Downgrade in December
Added 5 months ago
Summary: Despite a downgrade by Citigroup in December, MicroStrategy has grown by 113% since then. The CEO said the company would buy more BTC.
Sentiment: positive
4 minute read
5 people have read this
Cryptos: $BTC$RSV