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  • here’s-how-the-purpose-bitcoin-etf-differs-from-grayscale’s-gbtc-trust
    in , ,

    Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust

    The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption and acceptance from the realm of traditional finance. On Feb.… More

  • netapp-earnings,-revenue-beat-in-q3

    NetApp Earnings, Revenue Beat in Q3 – NetApp (NASDAQ:NTAP) reported on Wednesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations. NetApp announced earnings per share of $1.1 on revenue of $1.47B. Analysts polled by anticipated EPS of $1.01 on revenue of $1.43B. NetApp shares are up 7% from the beginning of the year, still down… More

  • wall-street-supported-by-rise-in-cyclical-stocks

    Wall Street supported by rise in cyclical stocks

    By Herbert Lash NEW YORK (Reuters) – Stocks on Wall Street traded near breakeven on Friday as investors sold technology shares and rotated into economically sensitive cyclical stocks in anticipation the U.S. economy will boom on pent-up demand once the coronavirus pandemic is subdued. Industrials led rising sectors in the S&P 500, spurred by a… More

  • artisan-partners-to-meet-danone-board-members-next-week



    Artisan Partners to meet Danone board members next week

    PARIS (Reuters) – U.S. investment company Artisan Partners (NYSE:APAM), which is putting pressure on France’s Danone to shake up its management amid criticism over weak returns, will meet several of its board members next week, a source close to the matter said on Sunday. The source was speaking after French newspaper Le Journal du Dimanche… More

  • us.-securities-regulator-moves-to-speed-up-process-for-probes

    U.S. securities regulator moves to speed up process for probes

    WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) has restored senior officers’ ability to kick off formal investigations without the approval of the enforcement division’s leadership, in a bid to more swiftly detect fraud, it said on Tuesday. The move gives power to senior officers in the SEC’s enforcement division to authorize staff… More

  • smartmatic-sues-fox-news,-giuliani-over-election-rigging-claims

    Smartmatic sues Fox News, Giuliani over election-rigging claims

    By Helen Coster (Reuters) – Electronic voting systems maker Smartmatic on Thursday sued Rupert Murdoch’s Fox News cable network and Rudolph Giuliani, a lawyer for former President Donald Trump, claiming they defamed the company by falsely accusing it of helping to rig the U.S. presidential election in favor of Joe Biden. The suit, filed in… More

  • social-media-platform-reddit-hit-by-outages-in-us.:-downdetector

    Social media platform Reddit hit by outages in U.S.: Downdetector

    (Reuters) – Social media company Reddit was experiencing problems on its website on Saturday, according to outage monitoring website Customers reported trouble logging in and sending messages on its website. The outage affected regions such as New York, Boston and Washington in United States and Toronto in Canada, according to an outage map on… More

  • apollo-global-management’s-shares-surge-on-resignation-of-ceo-black

    Apollo Global Management’s shares surge on resignation of CEO Black

    By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management (NYSE:APO) Inc shares surged more than 7% on Tuesday as investors viewed the resignation of CEO Leon Black as bolstering the private equity firm’s fundraising efforts. Black stepped down after an investigation into his ties with late financier and convicted sex offender Jeffrey Epstein. The… More

  • boeing-says-its-fleet-will-be-able-to-fly-on-100%-biofuel-by-2030

    Boeing says its fleet will be able to fly on 100% biofuel by 2030

    By Eric M. Johnson SEATTLE (Reuters) – Boeing (NYSE:BA) Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the “challenge of our lifetime.” Boeing’s goal – which requires advances to jet systems, raising fuel-blending requirements,… More

  • carmaker-stellantis-shares-star-in-european-debut

    Carmaker Stellantis shares star in European debut

    By Giulio Piovaccari MILAN (Reuters) – Stellantis, the carmaker created by combining Fiat Chrysler and Peugeot-owner PSA, enjoyed a positive start on Monday, its shares rising 8% on their European market debut and valuing the business at around 42 billion euros ($51 billion). With annual production of around 8 million vehicles and revenues of more… More

  • germany-stocks-higher-at-close-of-trade;-dax-up-0.40%

    Germany stocks higher at close of trade; DAX up 0.40% – Germany stocks were higher after the close on Thursday, as gains in the Transportation & Logistics, Industrials and Media sectors led shares higher. At the close in Frankfurt, the DAX gained 0.40%, while the MDAX index added 0.87%, and the TecDAX index gained 0.08%. The best performers of the session on the DAX… More

  • hsbc-to-face-shareholder-heat-on-fossil-fuels-in-agm-vote

    HSBC to face shareholder heat on fossil fuels in AGM vote

    By Simon Jessop and Lawrence White LONDON (Reuters) – Major HSBC shareholders are calling on Europe’s biggest bank to toughen its commitment to cut lending linked to fossil fuels and to turn its climate “ambitions” into targets. Investors collectively managing some $2.4 trillion in assets have filed the resolution to be voted on at HSBC’s… More

  • british-company-bosses-warn-against-‘race-to-the-bottom’-in-listing-review

    British company bosses warn against ‘race to the bottom’ in listing review

    By Huw Jones LONDON (Reuters) – British corporate lobby group the Institute of Directors on Wednesday said relaxing rules to attract more stock market listings to London could put at risk the UK’s strong track record on corporate governance. A review of the UK’s rules on company stock market listings was announced in November by… More

  • morgan-stanley-fund-to-take-over-german-fibre-operator-tele-columbus

    Morgan Stanley fund to take over German fibre operator Tele Columbus

    BERLIN (Reuters) – A fund backed by Morgan Stanley (NYSE:MS) Infrastructure Partners has made a cash offer to buy Germany’s Tele Columbus AG in an agreed deal that values the fibre network operator at over 400 million euros ($487.84 million), Tele Columbus said. The offer of 3.25 euros per share represents a 13% premium to… More

  • saudi-arabia-stocks-higher-at-close-of-trade;-tadawul-all-share-up-0.36%

    Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36% – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Energy & Utilities, Industrial Investment and Retail sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.36%. The best performers of the session on the Tadawul All Share were Saudi Company for Hardware… More

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