Once a dominant force in Russia's crypto mining sector, BitRiver is now under court-ordered bankruptcy monitoring amid a cascade of financial and legal woes, including massive unpaid power bills and a criminal case against its founder.
Senior executives from the cryptocurrency and traditional banking sectors are set to meet with White House officials this week, as policymakers seek to bridge a critical divide over stablecoin regulations following a sharp market downturn.
Amid a sharp crypto market downturn, Binance has begun converting $1 billion into Bitcoin for its SAFU insurance fund, starting with a $100 million buy. The move comes as Bitcoin's plunge below $80,000 leaves many ETF investors underwater and reignites debate over the causes of October's market crash.
Sandra Harris is stepping down as CFO of Genesco, with CEO Mimi Vaughn taking on the role temporarily. The exit comes as the footwear retailer navigates a recent restructuring and revises its sales outlook amid challenging market conditions.
Alphabet's planned $13 billion investment in Waymo, valuing the self-driving unit at $110 billion, challenges the long-held view of its moonshot projects as mere financial drains and positions autonomous driving as a core future asset.
A retrospective analysis reveals the staggering returns from Warren Buffett's key 2016 investments, with a stake in Apple vastly outperforming his own conglomerate and the broader S&P 500 index over ten years.
While Disney's latest earnings surpassed expectations, investor focus shifted sharply to reports of an accelerated CEO succession timeline, sending the stock lower despite robust performance in streaming and theme parks.
Despite a significant lag behind the broader market over the past year, analysts maintain a cautiously optimistic stance on Copart's long-term prospects, even as near-term headwinds persist.
As Amgen prepares to report earnings, analysts are divided on the stock's trajectory. While strategic acquisitions and a solid track record fuel optimism, looming competitive pressures and a key pipeline wait temper expectations.
Recent financial disclosures reveal significant repositioning by Speaker Emerita Nancy Pelosi and her husband in tech giants Nvidia, Apple, and Alphabet, sparking investor interest in their strategy of locking in gains while maintaining bullish exposure.
Tenet Healthcare has regained complete ownership of its revenue cycle management subsidiary Conifer, buying out CommonSpirit Health's minority stake in a deal valued at nearly $2.7 billion. The move signals Tenet's renewed commitment to the business and plans for significant AI investment.
The SEC appoints a new slate of leaders to the Public Company Accounting Oversight Board, signaling a potential shift in regulatory focus and internal dynamics as a prominent advocate for technology innovation departs.
Despite successful ballot initiatives in several states, the path to securing abortion access remains fraught with legal challenges and legislative pushback, as seen in ongoing battles from Missouri to Arizona.
A draft proposal from disaster response firm Gothams LLC, obtained by The Guardian, outlined terms for a trucking and logistics monopoly in Gaza that would guarantee extraordinary returns, raising questions about oversight and ethics in post-conflict rebuilding.
Precious metals prices steadied on Monday following a sharp Friday plunge that rattled markets, though experts warn the volatility in these traditional safe havens may not be over.
AIGH Capital Management has liquidated its entire position in semiconductor firm MaxLinear, a move that coincides with the chipmaker's recent strong quarterly earnings report, raising questions about the fund's strategy.
As CoreWeave prepares to report Q4 earnings, the market's focus sharpens on the AI infrastructure firm that has become Nvidia's largest disclosed investment. With a soaring stock and a bold expansion plan, analysts are revisiting the thesis amid both optimism and legal headwinds.
In a major consolidation move, Eldorado Gold announces a definitive agreement to acquire Canadian copper-gold developer Foran Mining, positioning the combined entity as a significant near-term producer with a diversified North American and European asset base.
Amidst market volatility, Microsoft's diversified empire—spanning cloud, AI, productivity, and gaming—positions it as a resilient long-term holding for investors looking beyond short-term fluctuations.
If confirmed, incoming Fed Chair Kevin Warsh will inherit a booming yet bifurcated economy. Despite strong GDP growth and a surging stock market, stagnant hiring and sinking consumer confidence present a policy puzzle where interest rate cuts may offer no easy fix.
