FTX’s $1.2B Repayments Represent Major Milestone in Long-Awaited Recovery of Crypto Industry
FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022.
SEC Begins Review of Two XRP ETF Applications as Institutional Interest in Crypto Grows
The U.S. Securities and Exchange Commission (SEC) has acknowledged filings from Cboe BZX Exchange to list spot XRP exchange-traded funds (ETFs).
Hong Kong Stock Rally Triggers Cash Squeeze Among Banks
(Bloomberg) -- Surging demand for Hong Kong equities sapped interbank liquidity in the city, prompting local banks to borrow the largest amount of overnight cash from authorities in more than five years on Tuesday.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration Enfor
Stock of the day: This AI stock is No. 1 in the S&P this year after a 45% weekly surge
The rally in Super Micro Computer stock coincides with building excitement for the wide release of Nvidia's next-generation Blackwell GPU chip.
Morning Bid: Markets becoming numb to tariff vows
U.S. President Donald Trump said sectoral tariffs on pharmaceuticals and semiconductor chips would start at "25% or higher, and it will go very substantially higher over the course of a year." Trump, the self-declared "tariff man," had been telegraphing his intentions of imposing tariffs for months, so some of the news may have been priced in.
Stock market today: S&P 500, Dow, Nasdaq futures drift higher after benchmark sets fresh record
Stocks followed on from the S&P 500s record close with consistent gains in after-market movement.
Crypto Has Moved Past FTX, Still Needs 24/7 Risk Management, Brevan Howard Digital CIO Says
Panelists discussed challenges and opportunities in crypto, including managing counterparty, credit and market risks 24/7.
Big firms and everyday people are at odds about the direction of the stock market
Individual investors have become the most bearish since 2023, while risk appetite is rising among institutional fund managers.
JPMorgan Upgrades Singapore Stocks to Overweight After Budget
(Bloomberg) -- JPMorgan Chase & Co. has upgraded Singapore stocks to overweight, citing government support to the market, high dividend yields, and fiscal room to cushion the impact of an external slowdown.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private Winnipeg“We b
Carson Block Stays Away From Chinese Stocks’ Widening Rebound
(Bloomberg) -- Carson Block, a longtime China skeptic, is giving the nation’s current stock market rally a miss, citing unreliability in corporate accounting and geopolitical risks.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private Winnipeg“What I’ve been banging the dr