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Data from analysts shows even big crypto whales have their off days, with one losing over $15.5 million on a bad run with the TRUMP memecoin. Crypto whales trading the TRUMP (TRUMP) memecoin have been hit hard lately, with some losing millions despite earlier gains, according to data from Lookonchain. In an X post on … Read more
Nvidia has acquired synthetic data firm Gretel for nine figures, according to two people with direct knowledge of the deal. The acquisition price exceeds Gretel’s most recent valuation of $320 million, the sources say, though the exact terms of the purchase remain unknown. Gretel and its team of approximately 80 employees will be folded into … Read more
After a yearslong downturn that left U.S. offices empty, Blackstone Inc. President Jon Gray sees the sector as ripe for new bets. His real estate dealmakers are preparing to scoop up a stake in a 50-story building in Midtown Manhattan, the strongest signal yet that it sees the market primed for a rebound. Executives running … Read more
Key Takeaways BlackRock CEO Larry Fink anticipates market volatility and elevated inflation in 2025 due to trade tensions. Fink remains optimistic about long-term growth through technology transformation and AI advancements. Share this article BlackRock CEO Larry Fink expects market volatility and elevated inflation in 2025 but remains bullish about long-term growth opportunities, projecting a “big … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Currency markets are increasingly dismissive of Donald Trump’s tariff threats, raising the risk of big swings if the US president follows through on his promise to hit China, Canada and Mexico with levies … Read more
Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City. Spencer Platt | Getty Images Spend some time looking at trading volumes, and you’ll notice something interesting: A lot of investors recently are making outsized bets on the stock market. Most of them are long bets, but … Read more
The hedge fund manager, famous for his 2008 bet against the US housing market, trimmed his exposure in JD.com and Alibaba as of the end of last year. Read More
After starting the fiscal year on a weak note, Cisco Systems Inc. (NASDAQ: CSCO) has regained momentum, reporting higher second-quarter revenue and profit that beat analysts’ estimates. The company is optimistic about extending the uptrend into the remainder of the year, supported by the growing demand for its AI solutions. The market reacted favorably to … Read more
The University of Austin will establish a Bitcoin investment fund to explore the long-term potential of digital assets within its endowment strategy. According to a Financial Times report, the 142-year-old University of Austin is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first U.S. university endowment to … Read more
Shares of the company surged 86% in early trading as investors speculate the move could kick start a wave of consolidation in China’s ultra-competitive market. Read More
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