Ethereum Hits Record $4,880 After 15% Intraday Rally
August 23, 2025
Cathie Wood’s ARK Cuts Down on Tesla, Boosts Robinhood
Cathie Wood’s Ark Investment Management LLC unloaded over $60 million worth of Tesla shares while boosting its Robinhood holdings, Bloomberg reported. The exchange-traded funds managed by the firm disposed of...
Read morePossible Default of China’s Evergrande Group Could Hit Country’s Financial System
Chinese property giant Evergrande Group will not be able to meet loan interest payments due on September 20 raising risks for the financial system of the world’s second-biggest economy, Reuters...
Read moreChevron Plans $10Billion Investment in Low Carbon Technologies
Chevron Corp. is stepping up spending in its new low-carbon unit, which CEO Mike Wirth sees as a viable business, according to a report by The Wall Street Journal on...
Read moreIntuit Purchases Mailchimp in Record $12-Billion Deal
Financial software firm Intuit Inc. will purchase marketing platform Mailchimp for $12 billion to mark its biggest deal yet, the WSJ reported. The cash-and-stock deal will be funded through cash...
Read moreInteractive Brokers Group Launches Cryptocurrency Trading for Clients via Paxos
Global brokerage firm Interactive Brokers Group (IBKR) has collaborated with the Paxos to commence cryptocurrency trading, according to a report by Businesswire on Monday. Depending on Paxos partnership, IBKR will...
Read moreCardano Starts NFT Minting Following Smart Contracts Functionality Activation
At least three non-fungible tokens were minted on Cardano after the platform’s shift to the Alonzo upgrade with smart contracts capability, according to a report. Haskell programming language expert Kevin...
Read moreChinese Tech Giants Ordered to End Practice of Blocking Competitor’s Links
China expanded its regulatory crackdown on technology giants with a fresh order for them to halt blocking links of competitors under еру threat of sanctions, Reuters reported. The Ministry of...
Read moreVanEck Rolls Out Sustainability-Focused Muni ETF
Global investment manager VanEck on Friday launched its sustainability-focused exchange-traded fund in a bid to cash in on the growing demand for environmentally-linked assets, Bloomberg reported. The VanEck HIP Sustainable...
Read moreEl Salvador to Exempt Taxes on Bitcoin Profits for All Foreign Investors
The government of El Salvador stated that foreign investors will be exempt from taxes on bitcoin profits, according to a report by BeinCrypto on Monday. A government adviser revealed the...
Read moreMorgan Stanley Secures $3.1 Billion for New Real Estate Fund
Financial giant Morgan Stanley’s surpassed its $3-billion target in its latest fundraising for its new vehicle focused on real estate bets across the globe, Bloomberg reported. Morgan Stanley raised $3.1...
Read moreLululemon Hikes 2021 Guidance as Earnings More Than Double in Q2
Athletic apparel retailer Lululemon Athletica Inc. hiked its earnings guidance for the year after its bottom line more than doubled in the second quarter, the company announced in a filing....
Read moreGameStop Corp. Sinks 7% Even as Losses Narrow in Second Quarter
American video game retailer GameStop Corp. reported lower losses in the second quarter, but shares of the company sank in extended trading on Wednesday. Net loss improved to $61.6 million...
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