Monthly Archives: September 2023

(CNBC) Arm, the chip design firm that supplies core technology to companies including Apple and Nvidia, priced its initial public offering at $51 a share. Arm’s fully diluted market cap, which includes outstanding restricted stock units, is over $54 billion […]

(CNBC) Google is cutting hundreds of jobs in its global recruiting organization as part of a broader pullback in hiring over the next several quarters, CNBC has confirmed. “It’s not something that was an easy decision to make, and it […]

(Hedgeweek) Elon Musk’s electric vehicle manufacturer Tesla has emerged as the most shorted large-cap US stock for the third consecutive month in August after topping the rankings in securities lending data specialist Hazeltree’s latest Shortside Crowdedness Report. To read this […]

(Hedgeweek) Digital asset investment products saw outflows totalling $59m last week, taking the current run of outflows to a total of $294m, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:

(CNBC) U.S. stock futures were little changed Tuesday night as investors looked toward the release of the consumer price index for more insights on inflation. Futures tied to the Dow Jones Industrial Average inched lower by 6 points, or 0.02%. […]

(CNBC) The co-founder of the fraudulent OneCoin cryptocurrency, a massive pyramid scheme that amassed more than $4 billion from millions of investors worldwide, was sentenced Tuesday to 20 years in prison. Karl Greenwood, 46, who orchestrated the multibillion-dollar multilevel marketing […]

(CNBC)U.S.-based cryptocurrency company Ripple says it’s planning to fight the ongoing lawsuit with the U.S. Securities and Exchange Commission “all the way through. The lawsuit between Ripple and the SEC has stretched for nearly three years. In 2020, the SEC accused […]

(CNBC) The price of bitcoin bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. Bitcoin was last higher by 4.5% at $26,185.72, according to Coin Metrics. On Monday, bitcoin dipped below the key […]

(Hedgeweek) Hedge funds are on course to be outright bullish on the dollar by the end of the month having already cut their short positions on the greenback to the lowest level seen in three months, according to a report […]

(HedgeCo.Net) The Securities and Exchange Commission has filed charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule. All nine firms […]

(CNBC) Stock futures ticked down Monday night as investors come off a positive day. Futures tied to the Dow Jones Industrial Average lost 30 points, dropping nearly 0.1%. S&P 500 and Nasdaq 100 futures both inched down 0.1%. Oracle slid […]