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Shares of Teva Pharmaceutical Industries Ltd. TEVA, -6.29% sank 4.6% in afternoon trading Thursday, reversing an earlier gain of as much as 3.1%, after New York Attorney General Letitia James said a jury found that the drug maker’s subsidiary Teva Pharmaceuticals USA and violated rights of New Yorkers, as a contributor to the opioid crisis. […]

DeepDAO ranks the Uniswap DAO, BitDAO and Lido Finance DAO as the top three in terms of treasury value at $2.9 billion, $2.4 billion and $602 million each. 924 Total views 35 Total shares The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around […]

Market timer Tom McClellan, publisher of the McClellan Market Report, warned of a “sharp drop” in the stock market “beginning imminently” and continuing for a couple of weeks into January. Among reasons for his view, chart signals suggest the recent rally in the Dow Jones Industrial Average DJIA, -0.25% and S&P 500 SPX, -0.30% to […]

There’s little to smile about when it comes to institutional participation in Bitcoin at the end of the year, data shows. 6251 Total views 57 Total shares Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF). […]

U.S. stock indexes ended lower Thursday, with the Dow Jones Industrial Average snapping its winning streak before the final day of trading in 2021. The Dow DJIA, -0.25% fell around 0.3%, ending a stretch of six straight days of gains, while the S&P 500 SPX, -0.30% slipped 0.3% and the Nasdaq Composite COMP, -0.16% dipped […]

Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. 2515 Total views 41 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice […]