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Booming, Risky MicroStrategy ETFs Testing Wall Street’s Limits – Yahoo Finance

(Bloomberg) — As MicroStrategy Inc.’s stock soared last month, Matt Tuttle received bad news from his prime broker about the rapid growth of leveraged ETFs tracking the crypto-focused company’s stock. Most Read Articles on Bloomberg Prime brokers, the division within banks that work with customers on activities such as securities lending, have reached a limit […]

Dow jumps over 600 points, Nasdaq rebounds in volatile Wall Street trading

The Dow soared more than 600 points during Thursday's trading, hitting a one-week high as Wall Street's main indexes turned positive after volatile trading on Thursday. The blue-chip Dow Jones Industrial Average rose 461.88 points, or 1.1%, to close at 43,870.35, its highest level in a week. The S&P 500 rose 0.5% and the Nasdaq […]

Banana Duct-Taped to Wall Fetches $6.24 Million at Auction

An artwork featuring real fruit has been sold at auction for an exorbitant price, attracting a lot of attention. Artist Maurizio Cattelan's “Comedian” is a banana duct-taped to a white wall on Wednesday. I got it According to NBC News, it sold for $6.24 million at Sotheby's auction in New York. The piece was first […]

SEC Chair Gary Gensler to step down after Wall Street clashes

Securities and Exchange Commission Chairman Gary Gensler will resign on January 20 when President-elect Donald Trump's administration takes office, the agency announced Thursday, beginning an ambitious term that has clashed with Wall Street and the crypto industry. It put an end to it. “I thank President Biden for entrusting me with this great responsibility. The […]

62-year-old illegal alien left to die alone by compatriots at foot of Trump wall

Earlier this month, an elderly foreign national died after falling from a wall along the U.S. southern border near San Diego, California, but he would have died alone if not for U.S. Border Patrol agents and first responders. . At 5:42 a.m. on Nov. 8, a group of suspected illegal immigrants was spotted attempting to […]