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Robinhood buys crypto exchange Bitstamp in surprise $200 million deal – Fortune

Robinhood announced on Thursday that it has acquired Bitstamp, one of the world’s oldest cryptocurrency exchanges, in an all-cash transaction valued at approximately $200 million. The acquisition, expected to close in the first half of 2025, will advance one of Robinhood’s strategic objectives by expanding the company’s presence in international markets. Bitstamp has been a […]

Texas Stock Exchange looks to challenge NYSE, Nasdaq

Wall Street giants BlackRock Inc. and Citadel Securities are pouring money into the launch of a Texas stock exchange that plans to challenge the New York-based market in an effort to attract global companies. The Dallas-based exchange, which has raised about $120 million to date, plans to file registration documents with the Securities and Exchange […]

Texas Stock Exchange in the works to take on New York

Jim Bianco, president of Bianco Research, talks to “Making Money” about the relationship between bond yields and the stock market. New National Stock Exchange Based in Dallas The company plans to list in the United States as a rival to the New York Stock Exchange and Nasdaq and is backed by several major Wall Street […]

New York Stock Exchange glitch causes Berkshire Hathaway stock to plummet 99%

A technical glitch at the New York Stock Exchange caused stock prices for several companies, including Warren Buffett’s Berkshire Hathaway, to be displayed incorrectly. Trading in Buffett’s company’s shares was halted after stock exchange readings showed shares in the company had fallen 99%. Shares of other companies, including Chipotle, Barrick Gold and NuScale Power, were […]

Egyptian And Israeli Soldiers Exchange Fire, Leaving One Dead

Israeli and Egyptian soldiers exchanged gunfire on Monday near Rafah, leaving one Egyptian dead, the Jerusalem Post reported, citing local Israeli media outlet Maariv. An Israel Defense Forces (IDF) source claimed that Egyptian forces fired first and that Israeli forces returned fire, The Jerusalem Post reported. report. (Related article: ‘Futility’: Biden administration’s expensive Gaza dock […]