Bitcoin reaches record high ahead of Coinbase IPO
Bitcoin on Tuesday soared to a new record-high value of $63,200 as the cryptocurrency exchange platform Coinbase prepares to launch an initial public offering Wednesday.
5 simple moves to shift your retirement savings into overdrive
When it comes to managing your retirement savings, you'll find that grabbing the low-hanging fruit goes a very long way in terms of your long-term results.
Goldman risk group examines 2021 market events for lessons
Goldman Sachs Group Inc (GS.N) executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.
Coinbase IPO, crypto’s first: What to know
Coinbase IPO: It is a platform used to trade over 50 cryptocurrencies including Bitcoin, with 56 million users it serves 7,000 institutional customers.
JPMorgan, Goldman Sachs, Delta earnings and Coinbase IPO top week ahead
Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.
Bitcoin above $60,000 again on talk of reduced supply
Bitcoin (BTC) is up 116% from the year's low of $27,734 on Jan. 4
GameStop investor Melvin Capital lost 49% on its investments in first quarter: source
BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity
GameStop's strong stock performance triggered board director's exit
Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.
Peter Thiel: China could use bitcoin as a 'financial weapon against the US'
Tech investor and PayPal co-found Peter Thiel believes China can use the cryptocurrency Bitcoin as a “financial weapon” against the U.S.
Toshiba gets takeover bid from private equity firm CVC
Toshiba Corp. said Wednesday that it has received an acquisition proposal from private equity firm CVC Capital Partners
Businesses and philanthropy unite to fight racial wealth gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
Cryptocurrency inflows hit all-time high of $4.5B in first-quarter
Inflows into cryptocurrency funds and products hit a record $4.5 billion in the first quarter, suggesting increased institutional participation in the once-maligned sector, data from digital currency manager Coinshares showed on Tuesday.
Iowa's Luka Garza to become first college athlete to sell NFT
Iowa star Luka Garza recalls attending the Final Four in Indianapolis back in 2015 and he remembers watching Wisconsin’s Frank Kaminsky accept the Naismith Trophy, which is awarded to the best player in college basketball.
Individual investors retreat from markets after show-stopping start to 2021
Individual investors kicked off 2021 at a sprinter’s pace. Now, they are finally showing signs of fatigue
Food-delivery investors are overstuffed
Back in December, it seemed investors were craving food-delivery stocks with almost as much fervor as they were the vaccines. Now that the shots are here, investors' tastes seemed to have changed.
Archegos’ Bill Hwang created wealth at a historic pace before losing it all, a FOX Business investigation shows
Before his epic collapse this week losing an estimated $8 billion or possibly in 10 days, hedge fund trader Bill Hwang increased the size of his fortune a staggering 900% or more in just seven years.
Family offices like Archegos take big risks like hedge funds
Enormous losses at Archegos Capital Management have cast a rare spotlight on the growing influence of below-the-radar institutions around the globe called family offices
Big banks win dismissal of US Treasury rigging litigation
A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities.
Patriots' Julian Edelman to offer trading card, comic book NFTs with some proceeds going to charities
New England Patriots star Julian Edelman is in the non-fungible token (NFT) game.
Robinhood cans the confetti after critics label it as baiting
Critics urge Robinhood to change celebratory app features, after saying the app treats stock trading as a game for inexperienced investors.