Amazon reportedly considering purchase of AMC Entertainment
Amazon is reportedly looking into the potential purchase of AMC Entertainment and its chain of movie theaters as a means of boosting its physical marketing presence.
The New York couple behind El Salvador’s Bitcoin Experiment
Bitcoin enthusiast and former Russian state TV hosts advise the government of El Salvator and have extensive crypto investments in the country.
South Korea’s LG Energy to build $5.6B battery plant in Arizona
The complex announced Friday will consist of two battery plants and mark the largest investment ever for a stand-alone battery-manufacturing facility in North America, LG Energy said.
What are AT1 bonds, and why are they risky?
AT1 bonds are popular among European banks as a way to build up safety buffers. While AT1s pay high interest to bondholders, their mechanics can make them a risky investment.
A 16-month-old chatbot startup with no revenue is now a $1 billion unicorn
Noam Shazeer and Daniel de Freitas founded Character.AI in Nov. 2021. After a $150 million funding round, their AI startup is valued at over $1 billion.
How ETFs can help investors build a targeted portfolio
Exchange-traded funds, or ETFs, can offer investors tax benefits, lower risk, and diversification in their portfolios. Experts say ETFs are appealing to all types of investors.
Dairy Queen recognizing start of springtime with free cones
Springtime officially started Monday, prompting Dairy Queen to recognize the occasion by offering customers a free dessert.
ETF industry could grow to $15T in next 5 years
Exchange-traded funds, otherwise known as ETFs, are smart investment picks for many reasons, including portfolio diversification, their lower risk and transparency.
Tips regarding ETFs for senior investors
Exchange-traded funds, otherwise known as ETFs, are smart investment picks for many reasons, including portfolio diversification, their lower risk and transparency.
New York Community Bankcorp shares soar on Signature deal
New York Community Bank shares are up on Monday after the company announced it would purchase financial and strategic complimentary assets from Signature Bridge Bank for roughly $38 billion.
SVB collapse: Venture capitalist points to ‘silver lining’ in fallout
Venture capitalists and startups are still reeling from the collapse of Silicon Valley Bank, but one investor says the lender's failure will be good for the community in the long run.
Top bond ETFs for 2023
Many investors are more comfortable with equity investments over fixed-income investments because of simplicity and familiarity, according to one expert.
Warren Buffett talks banking crisis with Biden team
Warren Buffett has held discussions with the Biden administration to help in in the current financial crisis.
Big week for money market funds amidst financial turmoil
Investors looked to move their assets to safety by depositing cash into money market funds due to bank stability concerns. It's the largest inflow since the COVID-19 pandemic.
Peter Thiel says he had $50M in Silicon Valley Bank when it shut down
PayPal co-founder Peter Thiel claims he had $50 million of his own money in Silicon Valley Bank when it collapsed, despite warnings from his own Founders Fund.
Goldman bought the portfolio SVB reportedly booked losses on
Silicon Valley Bank sold its bond portfolio last week to Goldman Sachs, a move that reportedly set SVB failure in motion and caused depositors to flee.
Moody's downgrades U.S. banking system's outlook to negative citing bank runs
Moody's has changed its outlook on the U.S. banking system from "stable" to "negative," pointing to deposit runs on multiple institutions, including Silicon Valley Bank.
Little Spoon CEO says company 'dodged a bullet, discusses what SVB collapse could mean for startups
CEO Ben Lewis said his company Little Spoon “dodged a bullet” in Silicon Valley Bank’s (SVB) shutdown last week but voiced worries about impacts the bank’s collapse could potentially have on the startup and venture capital markets.
Silicon Valley Bank collapse rocks start-up community
The downfall of Silicon Valley Bank sent shock waves through the start-up ecosystem, and some founders fear the effects could be far-reaching in the community.
Activist investor Icahn launches proxy fight at Illumina
Activist investor Carl Icahn on Monday has launched a proxy fight at Illumina, asseerting the life sciences company's takeover of Grail Inc had cost shareholders about $50 billion since the closing of the deal.