fund

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2022. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain …

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end Read More »

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX, -1.72% fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to fret about the Federal Reserve’s interest-rate increases to temper inflation. Among components …

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market Read More »

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge Read More »

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more …

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown Read More »

Bitcoin Back Above $21,000, Here’s Why: Satoshi Action Fund Founder

Yuri Molchan Bitcoiner Dennis Porter believes he knows the reason of the current Bitcoin rise, Peter Schiff takes a jab at BTC On Friday, the flagship cryptocurrency, Bitcoin, soared by over 11 percent, reaching the $21,500 level. By now, BTC has gone down a little, trading at $21,302. Founder of the Satoshi Action Fund, Dennis …

Bitcoin Back Above $21,000, Here’s Why: Satoshi Action Fund Founder Read More »

Credit Suisse looking at cutting around 5,000 jobs -source

A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis BalibouseRegister now for FREE unlimited access to Reuters.comRegisterZURICH, Sept 2 (Reuters) – Credit Suisse (CSGN.S) is considering cutting around 5,000 jobs, about one position in 10, as part of a cost reduction drive at Switzerland’s second-biggest bank, a source …

Credit Suisse looking at cutting around 5,000 jobs -source Read More »

Norway’s sovereign wealth fund loses $174 billion in first half

Norway’s central bank, also known as Norges Bank, in Oslo, Norway.Kristian Helgesen/Bloomberg | Bloomberg | Getty ImagesNorway’s sovereign wealth fund, the largest in the world, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022, as stocks markets more broadly saw a tumultuous six months.The $1.3 trillion fund returned …

Norway’s sovereign wealth fund loses $174 billion in first half Read More »

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterAug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally.After years of delays, the “Merge” seems all but certain to take place in September, with the cryptography underlying …

Cryptoverse: Electric ether leaps on verge of Merge Read More »

Hedge fund manager Dan Loeb buys a new stake in Disney and pushes for ESPN spinoff

Dan LoebJustin Solomon | CNBCDaniel Loeb’s Third Point has taken a new stake in Disney, pushing the entertainment giant to spin off its sports network ESPN, according to a letter obtained by CNBC’s David Faber.The shares jumped as much as 2% on the news. In a letter to Disney CEO Bob Chapek, Loeb said there …

Hedge fund manager Dan Loeb buys a new stake in Disney and pushes for ESPN spinoff Read More »

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead

NEW YORK, Aug 15 (Reuters) – Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic.Most U.S. and European banks had pulled back from the market …

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead Read More »