Digital asset prices have dropped this week. Jerome Powell's speech at Jackson Hole will help decide where they go next.
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Investment firm General Atlantic added to its already hefty stake in the company.
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It's no surprise that digital assets were sliding, given there was a big selloff in tech stocks on Tuesday.
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Circle Internet Group is one of the year’s hottest IPOs. But Goldman and JPMorgan are skeptical that the stock can climb further.
3 minute read
Fintechs are selling off during a sleepy week on Wall Street. The Nasdaq Composite index and the largest fintech ETF are both down.
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The fintech says it will also allow users to buy, sell, and hold crypto later this year.
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Dayforce soars following a report that says it could be bought by private-equity firm Thoma Bravo.
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Generation Investment Management slashed two-thirds of its Amazon investment, sold all its Mastercard stock, and doubled down on Visa.
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Online brokerage firm eToro posts strong results. Shares are slipping.
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Klarna withdrew its IPO plans in April after President Donald Trump announced tariffs on key trading partners.
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The world's largest token was falling away from its record high on Friday.
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The exchange operator had previously said it was looking for an initial offering price of between $19 and $21.
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Shares of the payments platform will ‘continue to re-rate higher,’ a Susquehanna analyst says.
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Calpers increased positions in Coinbase, Palantir, Nvidia, and Robinhood shares in the second quarter.
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Trump’s emerging markets behavior, Amazon takes aim at Walmart, Bullish IPO exceeds expectations, and more news to start your day.
Long Read
Lower rates make risky assets like stocks and digital assets more attractive relative to lower-yielding investments like bonds.
2 minute read
180 Life Sciences, which is rebranding as ETHZilla, now holds almost $350 million in Ethereum, the second-biggest cryptocurrency.
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The large-cap token stalled just short of an all-time high, with investors on edge about the looming consumer price index report.
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The gains came with large-cap token Bitcoin on the brink of hitting a new high.
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Inflation data coming this week, Tesla’s third-quarter sales get a boost, private markets fintech iCapital hires Bloomberg vet, and more news to start your day.
Long Read
A crowded field of fund managers is mounting an aggressive effort to get their products in the hands of everyday investors.
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Gross profit rises at Square and Cash App, but other key metrics missed Wall Street projections.
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The IPO market is sizzling. Crypto firm Bullish and options exchange Miami International are now getting ready to go public.
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Other, smaller cryptocurrencies, including Ethereum and XRP, were also rising.
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Apple’s iPhone sales jump more than 13% in the tech giant’s fiscal third quarter but the stock trades lower, while Amazon falls on a weaker-than-expected forecast for third-quarter operating income.
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