Prospect Medical Holdings files for bankruptcy

A health care company that owns and operates more than 182 hospitals and clinics across the country filed for Chapter 11 bankruptcy protection in Texas federal court on Saturday. Prospect Medical Holdings, a Los Angeles-based health care company, goes bankrupt after its previous owner siphoned off hundreds of millions of dollars in dividends and management […]
Vanguard strikes deal with FDIC over huge holdings in US banks – Financial Times

Stay informed with free updates Just sign up for US financial regulation myFT Digest — delivered straight to your inbox. Vanguard has bowed to regulatory pressure and agreed to new oversight of investments in some U.S. lenders, a decision that could have far-reaching implications for asset managers and banks. The deal, unveiled Friday by the […]
Dan Morehead Unveils Pantera Capital’s Crypto Holdings, Says Firm Owns Bitcoin and Other ‘Interesting’ Altcoins – The Daily Hodl

The CEO of Pantera Capital, an investment firm focused on digital assets, said his company owns several other cryptocurrencies in addition to Bitcoin (BTC). In a new interview with CNBC, Dan Morehead said he thinks Bitcoin and cryptocurrencies still have room to rise this cycle. Morehead notes that his firm has accumulated positions in three […]
Bitcoin ETFs Surpass Satoshi’s Holdings, Blockchain Firm Breaks Down Institutional Adoption In 2024 | – Bitcoinist

2024 will be a historic year for the cryptocurrency industry, especially Bitcoin. After starting the year with the approval of spot exchange-traded funds (ETFs), it didn't take long for the premium cryptocurrency to hit new all-time highs on the back of new institutional capital. This has been almost all the talk about Bitcoin over the […]
MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings – Decrypt

There is a saying that the early riser gets the worm. In MicroStrategy's case, it has been steadily accumulating Bitcoin for just over four years and is hoping to earn more. MicroStrategy made the announcement Monday night. Plans to raise $1.75 billion to purchase more of the world's largest virtual currency through convertible banknotes, and […]
MicroStrategy’s $26 billion Bitcoin cache is larger than IBM, Nike cash holdings – Yahoo Finance

(Bloomberg) — Michael Saylor's unusual decision to hold Bitcoin instead of cash on MicroStrategy's books has turned the once-obscure software maker into the upper echelon of one of the richest companies when it comes to financial assets. I jumped into the club. Most Read Articles on Bloomberg Listen to the Here's Why podcast on Apple, […]
Roaring Kitty offloads all Chewy holdings

Barrons Roundtable panelists provide their outlook on the market and discuss three things investors should consider. Keith Gill, the famous meme stock trader and influencer known as “Roaring Kitty,” acquired a 6.6% stake in Chewy over the summer, according to a Tuesday filing with the Securities and Exchange Commission. , currently owns no Chewy stock. […]
Why Arm Holdings Stock Took a Dive Today – The Motley Fool

ASML’s lackluster coverage has pushed down other AI stocks. shares of arm holdings (arm -11.99%) Today I received ~’s disappointing financial report and took it in stride. ASML Holdings (ASML -7.09%) This led to a widespread decline in artificial intelligence (AI) stocks. Arm was the worst performer in the group, ending the day with its […]
New bitcoin ETFs surpass 300000 BTC holdings in under two months – The Block

After less than two months of trading, nine newly created Spot Bitcoin exchange-traded funds now hold more than $300,000. BTC +11.33% Assets under management exclude Grayscale’s convertible GBTC fund. According to K33 Research, the nine new ETFs include Accumulated 303,002 BTC ($17 billion) as of yesterday’s close. These ETFs launching on January 11th include BlackRock […]
Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more – CNBC

In this photo illustration, the logo of American tech company Block is displayed and reflected on a number of digital screens on March 3, 2023 in London, England. Leon Neal | Getty Images Let’s check out the companies that are becoming a hot topic for after-hours trading. Intuit — Shares fell about 1% after the […]