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BlackRock’s Bitcoin ETF Shatters Records with $4 Billion Trading Volume
BlackRock’s spot Bitcoin ETF, also known as IBIT, dominated trading volume on November 6 with over $4 billion traded.
Alberta Fires Pension Manager’s Board, CEO Over Rising Costs
Alberta Investment Management Corp.’s chief executive officer and entire board were sacked by the provincial government, ...
Trump Win Boosts Demand for Credit, Driving Spreads to 1998 Low
Investors are pouring money into US corporate bonds after Donald Trump won the US presidential election, stocks surged, and ...
Opinion: Investors cheer Trump’s economic agenda, defying gloomy media
Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response ...
Carvana CEO’s Father Sees $1.4 Billion Windfall From Stock Sale
Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the ...
Sea Needs More Than Good Earnings to Sustain 170% Comeback Rally
After a peer-beating stock rally of more than 170% from its January low, Southeast Asia’s top online-shopping company Sea Ltd. faces a high bar to impress investors with its upcoming third-quarter ...
Nursing Home Firm Founders Lose Billions as Hindenburg Takes Aim
Shares of recently debuted nursing home operator, PACS Group Inc., plunged this week in a sharp reversal that erased around $2.5 billion from its cofounders’ fortunes.