Digital-asset lender BlockFi Inc., a cryptocurrency company that once enjoyed a valuation of $3 billion, has filed for Chapter 11 bankruptcy protection in New Jersey, according to a Monday press Read more
Tag: Firm
FTX lent over half of its customer funds to affiliated trading firm: WSJ
Embattled crypto exchange FTX, once the third-largest crypto exchange by trading volume, reportedly lent more than half of its customer funds to its affiliated trading firm Alameda Research, exposing further Read more
Top firm advises pausing Twitter ads after Musk takeover
This marks the largest group of advertisers calling for a halt in business with Twitter since Musk took over last Thursday. #takeover #advertisers #musk #halt
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
U.S. stock futures firm after Nasdaq hits 2-year low and traders await inflation data
U.S. stock futures on Wednesday showed Wall Street striving to break a 5-day losing streak as bond yields fell ahead of crucial inflation data. How are stock-index futures trading S&P Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more
Eataly chain of Italian-style marketplaces selling majority stake to European private-equity firm
A European private-equity firm agreed to buy a controlling stake in Eataly SpA, with the aim of helping the Italian-marketplace chain continue to expand globally. Investindustrial is taking a 52% Read more
Affirm added to ‘zombie’ stocks list by equity research firm New Constructs
Buy now pay later operator Affirm has been added to the list of ‘zombie’ stocks compiled by independent equity research firm New Constructs. The research firm, which uses machine learning Read more
Opinion: Washington must stand firm on supporting domestic manufacturing of electric vehicles
The sprawling Inflation Reduction Act (IRA) that President Joe Biden signed last month touches on everything from Medicare costs and corporate stock buybacks to labor protections and clean-energy projects. However, it also Read more