Latest Market News
The Commission points to a number of negative effects of the new tax rules for estimating the statutory retirement pension for self-employed company directors in line with the calculation of the 80% threshold. Read more … (available in French – Dutch only) Source: FSMA
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. 369 Total views 10 Total shares FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. […]
Crypto brokerage Voyager Digital VYGVF, -30.68% shares plummeted as much as 40% after it announced Friday that it has temporarily suspended trading, deposits, withdrawals, and loyalty rewards starting 2 pm Eastern time on Friday. It shares dropped to as low as $0.25 before it rebounded to about $0.33 at market close. The crypto brokerage earlier […]
Binance, Ripple and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. 351 Total views 10 Total shares Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring. In June, major crypto exchange Gemini was […]
Shares of home builders were broadly higher Friday, as the continued drop in longer-term Treasury yields helped soothe some fears about home affordability. The iShares U.S. Home Construction ETF ITB, +4.10% ran up 4.3% with all 47 equity components trading higher, while the S&P 500 SPX, +0.57% edged up 0.7%. PulteGroup Inc. PHM, +6.78% was […]
Shares of General Motors Co. GM, +0.55% dropped 1.7% in premarket trading Friday, after the automaker warned of a second-quarter earnings shortfall, as vehicle wholesale volumes were hurt by the timing of semiconductor shipments and other supply chain disruptions. The company expects net income for the quarter to June 30 to be between $1.6 billion […]