Trading tax hike won't harm competitiveness of Hong Kong's stock market, says financial secretary
Hong Kong's Financial Secretary Paul Chan said on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.
1 minute ago - CNBC
Huge outflows cause Grayscale Bitcoin Trust to sink to first discount to bitcoin since 2017
Summary List Placement The Grayscale Bitcoin Trust plunged this week, with investors pulling cash at the fastest rate in almost a year. It closed at a 3.77% discount on...
35 minutes ago - Business Insider
Bitcoin slides as much as 11% to below $45,000 as the currency heads for its worst week since last March
Summary List Placement Bitcoin slid as much as 11% to below $45,000 on Friday before regaining some ground. The currency's sky-high price triggered investor nerves in a...
1 hour ago - Business Insider - 3 articles
Bitcoin slides as much as 11% to below $45,000 as the currency heads for its worst week since last March
The bitcoin price has dropped sharply in recent days Jaap Arriens/NurPhoto via Getty Images Bitcoin slid as much as 11% to below $45,000 on Friday before regaining some ground...
2 hours ago - Business Insider - 3 articles
Asian shares sink, Tokyo down 4% after tech rout on Wall St
BANGKOK - Asian shares skidded Friday, with Tokyo's benchmark dropping 4% after rising bond yields triggered a broad sell-off on Wall Street that handed the Nasdaq composite...
4 hours ago - Chron - 2 articles
Salesforce posts record sales but full-year profit forecast disappoints
Salesforce forecast full-year profit that was below market expectations, sending the shares of the CRM company down 3.9% in extended trading.
5 hours ago - Venture Beat
GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock's latest spike
Summary List Placement Short sellers lost $664 million on Wednesday as GameStop shares spiked 104% in the final 30 minutes of trading, S3 Partners said. The stock's 84%...
15 hours ago - Business Insider - 3 articles
GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock's latest spike
Ethan Miller/Getty Images Short sellers lost $664 million on Wednesday as GameStop shares spiked 104% in the final 30 minutes of trading, S3 Partners said. The stock's 84%...
15 hours ago - Business Insider - 3 articles
Game on, again: GameStop surges and no one truly knows why
NEW YORK - Wall Street's GameStop saga can't stop. At the very least, it won't stop. After weeks of going dormant, shares of GameStop have suddenly shot higher again, jumping...
15 hours ago - Chron
Cathie Wood says bitcoin's market cap could swell into the trillions
Summary List Placement Cathie Wood says bitcoin is still in its "very early" stages and could see its market capitalization swell into the trillions. "You do get into the...
16 hours ago - Business Insider
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Bitcoin slides as much as 11% to below $45,000 as the currency heads for its...
Summary List Placement Bitcoin slid as much as 11% to below $45,000 on Friday before regaining some ground. The currency's sky-high price triggered investor nerves in a...
Elon Musk says it would be 'awesome' if the SEC probes his tweets on Dogecoin
Summary List Placement Tesla CEO Elon Musk said he would welcome an SEC investigation into his tweets on Dogecoin. "I hope they do! It would be awesome," he tweeted in response...
Global stocks drop as 10-year Treasury yields pierce 1.5% for the first time...
Summary List Placement Global stocks fell on Friday, as Treasury yields headed towards their highest levels in over a year. A selloff in global sovereign bonds indicates...
Asian shares sink after tech rout pulls Nasdaq 3.5% lower
BANGKOK - Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq...
Q4 GDP Growth Revised Higher to 4.1%
The GameStop saga returned to the market yesterday and today. At 2:30 pm yesterday, GameStop was going for just under $50 per share. At 4 pm, the stock closed at $91.71. This...
Pending Home Sales Kick Off 2021 With a 2.8% Dip in January
Inventory constraints appear to have played a part in pending home sales dwindling in January, according to the latest report from the National Association of REALTORS® . NAR's...
Tech rout pulls Nasdaq down 3.5%, biggest loss since October
A rout in technology companies pulled the Nasdaq down 3.5% Thursday, the biggest loss for the tech-heavy index since last October. The S&P 500 gave up 2.4% and the Dow Jones...
Dow falls 561 points, tech stocks plunge as spiking bond yields rattle...
Summary List Placement Tech stocks led a plunge in US stocks as the 10-year Treasury yield spiked to its highest point in a year. Investors' inflation expectations picked up as...
BlackRock's bond chief Rick Rieder breaks down why he's not worried rising...
Summary List Placement BlackRock's Rick Rieder told CNBC he's not worried about stocks against the backdrop of rising yields. He anticipates a little uncertainty but said...
Zillow to Start Cashing in on Zestimates, Industry Responds
There's been no shortage of news when it comes to Zillow, a company that kicked things off in the early 2000s with a home-search portal that consumers now recognize as the...