David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset platform for financial advisors, CNBC has learned exclusively. The company has agreed to purchase BITRIA, a five-year-old San Francisco-based start-up whose tools help advisors manage holdings
In this article CSG.N-CH BABA ME CTXS GS GPS Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company’s cloud unit to see if it poses a risk to US national security. The probe
One of the trends that emerged at the start of the pandemic was people doing more bulk shopping to reduce trips to the store. That led to a rush on chest freezers to store frozen food and to a desire for larger, more functional pantries in the frenzy of remodels that followed lockdowns. The latest
Brandon Bell | Getty Images Brace yourself for another competitive year in the housing market. Home sales are expected to grow 6.6% in 2022, a 16-year high, according to Realtor.com. The typical winter lull isn’t even necessarily happening. Home prices actually accelerated from November to December, said Danielle Hale, chief economist at Realtor.com. While Realtor.com
The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises. In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading under the ticker “RHDM” on Nasdaq, 56.8 million class A and 67.5
Applied Optoelectronics and Jabil Circuit are both highlighted. Applied Optoelectronics: https://www.zacks.com/stock/quote/AAOI?cid=CS-YOUTUBE-FT-VID Jabil Circuit: https://www.zacks.com/stock/quote/JBL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Newly released transcripts of Federal Reserve policy meetings in 2016 show then-Governors Jerome Powell and Lael Brainard were quick to pivot away from planned interest-rate hikes in the face of risks posed by a stumbling Chinese economy. Both policy makers made clear in the year’s January meeting of the Federal Open Market Committee they believed
Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto sector. But despite their rapid rise in market cap, critics continue to scrutinize such class of assets as enablers for masking illicit activities.
In 2021, the Dormitory Authority of the State of New York overtook the state of California for the top spot. New York City, the New York Metropolitan Transportation Authority, the Ohio Buckeye Tobacco Financing Authority, the New York Urban Development Corp., New Jersey and Massachusetts were ousted from the top 10 in 2021. All the
In this article ZS MSFT CSCO DKS TTWO Ed Stack, CEO of Dick’s Sporting Goods. David Orrell | CNBC As the world heads toward another year of the pandemic, investors must adapt to changing macroeconomic forces and trends. Rising inflation, the Federal Reserve’s move to dial back its monetary support, and a workforce that’s been
In this article DAL KBH F Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, March 29, 2021. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. Ford — Shares jumped about 4% as the automaker’s market cap topped $100 billion for
The arrival of the pandemic almost two years ago exerted a seismic impact on home sales. Almost overnight, many who had been living in apartments and condos wanted out of cities and into the wide-open spaces of single-family homes, where they could home school and work from a den. That sent house prices soaring, while
A home in Breckenridge, Colorado. Michael Robinson | Corbis Documentary | Getty Images Ever since the Covid pandemic began almost two years ago, weary Americans hankering for a fun, but still safe, getaway have rejiggered their travel habits to jibe with the new normal. Domestic road trips, national park visits and vacation home rentals and
press release PRESS RELEASE. On a mission to increase brand awareness, grow the community, and promote their upcoming projects, Dock has launched an Ambassador program. In return for executing various tasks including creating extra content to promote an update or launch, translating a blog post, or sharing social media posts, Ambassadors will earn rewards in
The top municipal underwriters accounted for $456.44 billion in 11,808 transactions for 2021 compared to $451.24 billion in 11,849 deals in 2020. BofA Securities led with $62.01 billion of deals. Out of the top five, only BofA Securities and Morgan Stanley increased market share year-over-year. Stifel Nicolas & Co. moved into the top 10, while
North Idaho College had its outlook revised to negative by Moody’s after management turmoil, including the firing of its president, put the accreditation of the two-year college at risk. If the two-year college loses accreditation, credits students received for completed classes would not be eligible to transfer to a university. Loss of accreditation could put
Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August.
Jeffrey Smith, chief executive officer and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images 2021 was a busy year for activist funds, with notable investors including Starboard Value, JANA Partners and Carl Icahn pushing for meaningful change at an array of companies. In all, activist shareholders embarked on
In this article LVS C JPM DPZ SHW Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, after the Macau government said the number of casinos allowed to operate there would
Marc Andreessen’s $177 million Malibu dream house topped the list of luxury home purchases last year. See the other lavish properties in Palm Beach, the Hamptons and beyond. A drop in luxury housing inventory and increased buyer demand drove the high-end real estate market to record prices in 2021, with several sales in the United
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
The Internal Revenue Service has revised its Form 8038-CP to facilitate electronic filing, which will be out later this year. “The January 2022 revisions simplifies the filing process for issuers when providing certain explanations and supplemental information,” the IRS said in an instructional video introducing the new form. “Additionally, revisions to the form were needed
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance CEO CZ is the richest crypto billionaire at $96B:
Local officials Friday hailed the U.S. Department of Transportation’s rollout of a nearly $28 billion bridge program that highlights spending on smaller, local bridges across the country. The Infrastructure Investment and Jobs Act provides $40 billion in funding for bridges over the next five years, including $27.5 billion in the Bridge Formula Program. The program
Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 ATMs, which represented 0.2% of global BTC ATM installations. According to Ámbito, Uruguay’s first crypto ATM was installed in the coastal city of Punta del Este,
In this article C JPM JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters Banks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2021. Brendan McDermid | Reuters Market focus in the coming week turns toward fourth-quarter earnings, which are expected to reveal stronger profit growth for economically sensitive stocks over tech names. The earnings period could test a
A contemporary home in Miami Beach has hit the market for $90 million. If it sells near the asking price, that would make it the most expensive home sold in Miami-Dade County, beating out the current record of $75 million. Situated on Miami Beach’s most coveted address, this sprawling Star Island estate offers history and
Aerial view of Manhattan and Hudson River in New York Karel Stipek | iStock | Getty Images Throughout most of the pandemic, New Yorkers have been shielded from eviction thanks to a statewide moratorium on the proceedings. That protection will come to an end on Saturday, and tenant advocates fear that many could be pushed
The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is. As noted by popular Twitter account @venturefounder on Jan. 14, even at $42,000, the BTC/USD trading pair is around 20% above miners’ cost price. Miner capitulation behind “worst” BTC price