News
The FTX token surged over 7% on the news that Sam Bankman-Fried’s company, FTX, would roll out a debit card in partnership with payments giant Visa. Source: Cointelegraph
New York City subways have been suspended in much of Midtown and Lower Manhattan on Friday, after police said that someone had sprayed an unknown substance during a dispute that was causing passengers to become sick, CBS News reported. The incident took place shortly after 10 a.m. ET on a platform at the Union Square […]
Swedish electric vehicle maker Polestar Automotive Holding UK PLC PSNY, +0.35% said Friday it delivered about 9,215 vehicles in the third quarter, bumping its year-to-date deliveries to about 30,400. The company said it now expects to meet its full-year target of 50,000 deliveries. “We needed to catch up on production after Covid-19 related setbacks in […]
U.S. cannabis stocks continued to move up in pre-market trades on Friday, as the AdvisorShares Pure US Cannabis ETF MSOS, +0.99% jumped another 9% following steep gains in the previous session on comments by President Joe Biden that the U.S. would consider de-scheduling cannabis from its current position as a Schedule 1 narcotic under federal […]
Ambac Financial Group AMBC, +9.22% shares rallied 25% in premarket trades Friday after it agreed to settle lawsuits against Bank of America Corp. BAC, -1.88% related to residential mortgage backed securities (RMBS) for a payment of $1.84 billion from the bank. Ambac said it would record a $390 million gain in its fourth-quarter results because […]
Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Source: Cointelegraph