Asian Stocks Retreat After US Shares Hit Record: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks retreated Friday as U.S. stocks hit another all-time high and investors parsed economic data for signals on the trajectory of interest rates around the world. Most Read Articles on Bloomberg Stock prices in Australia and South Korea fell, but Japanese stocks rose slightly. Hong Kong and China both started lower. The […]
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled – Yahoo Finance
Written by Suzanne McGee (Reuters) – Bitcoin continued to fall on Tuesday with record outflows from Grayscale’s Bitcoin Trust, accelerating the fund’s asset losses since converting to an exchange-traded fund this year. On Monday, when Bitcoin fell about 4%, the Grayscale ETF hit a record single-day outflow of $642.5 million, according to data from BitMEX […]
Stocks Gain Led by Japan on BOJ Rate Hike Momentum: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks rose led by Japanese shares, entering a week that includes policy decisions from the Bank of Japan and the Federal Reserve that are likely to determine the near-term direction of global markets. Most Read Articles on Bloomberg The MSCI Asia Pacific Index rose in Asian trading, supported by gains in Japan […]
MicroStrategy plans second convertible debt offering this month to buy more bitcoin – Yahoo Finance
Written by Medha Singh (Reuters) – MicroStrategy raises funds through convertible note offering to buy Bitcoin for second time within 10 days, as aggressive crypto investors look to increase exposure to the fast-growing cryptocurrency I’m making plans. The software company announced after the market closed on Wednesday that it would offer $500 million in convertible […]
DeFi's New Dawn: Ethereum's Surge Sets Stage for Unprecedented Growth – Yahoo Finance
Written by Finanflix CEO, Facundo Zamora and Finanflix CFO, Juan Ignacio Murua since then black rock (NYSE: BLK) announced. Bitcoin (CRYPTO: BTC) ETF, BTC’s market cap has skyrocketed and is now over $1 trillion, which is a monumental number. To put this into perspective, even if you sum up the market capitalization of the following […]
US health department opens probe into UnitedHealth hack – Yahoo Finance
Written by Sriparna Roy and Patrick Wingrove (Reuters) – The U.S. government on Wednesday will examine the cyberattack on UnitedHealth Group Inc.’s Change Healthcare to determine whether there was a breach of protected health data and whether the company complied with U.S. medical privacy laws. announced that it had begun an investigation. This is the […]
US dollar drifts lower as market in consolidation post-inflation data – Yahoo Finance
Written by Gertrude Chavez-Dreyfus and Joyce Alves NEW YORK/LONDON (Reuters) – The dollar edged lower on Wednesday after gaining in early trading on better-than-expected U.S. inflation data. The timing of federal policy could become clearer as investors consolidated gains ahead of further economic data this week. The Reserve Bank will start cutting interest rates this […]
White House meets with UnitedHealth CEO over hack – Yahoo Finance
(Reuters) – White House officials met with UnitedHealth Group CEO Andrew Whitty and industry officials on Tuesday to discuss the health care conglomerate’s high-tech plans that have disrupted operations across the United States. We discussed hacking into the department. A spokesperson for the Department of Health and Human Services (HHS) said the meeting was the […]
Stocks Rise With Traders Braced for CPI Volatility: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. stock futures rose along with European stocks ahead of much-anticipated U.S. inflation data that will help decide when the Federal Reserve will finally ease monetary policy. Most Read Articles on Bloomberg Citigroup says the options market is more worried about the S&P 500’s big swings after the inflation report than about next […]
Reddit's Planned IPO to Seek Up to $748 Million – Yahoo Finance
(Bloomberg) — Reddit Inc. and its investors are aiming to raise as much as $748 million in the biggest initial public offering so far this year, according to people familiar with the matter. The social media platform and some of its current shareholders plan to sell 22 million shares for between $31 and $34 a […]