[ad_1] Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 6% at $60,688.00, according to Coin Metrics. Earlier, it rose as high as $60,734.42. It’s now sitting just below its all-time high of …
Read More »Tag Archives: Breaking News: Investing
Viking stock doubled Tuesday. Here’s where the next moves in the obesity space could come from
[ad_1] Anti-obesity drugmakers Novo Nordisk and Eli Lilly have a huge lead on their competition, but given the vast and valuable market, rivals are still eager to join the race. Bank of America analyst Geoff Meacham has been very bullish about the opportunity, which he calls “unprecedented” given the prevalence …
Read More »The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons
[ad_1] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on …
Read More »The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons
[ad_1] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 19, 2024. Staff | Reuters Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on …
Read More »Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
[ad_1] Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty Images Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with another buyer, but no such fee if U.S. regulators kill the deal, …
Read More »Here’s why Capital One is buying Discover in the biggest proposed merger of 2024
[ad_1] Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall Street-speak — it’s a bid to protect itself against a rising tide of fintech …
Read More »Biden administration to forgive $1.2 billion in student debt for over 150,000 borrowers
[ad_1] President Joe Biden takes questions from reporters, after he delivered remarks in the State Dining Room, at the White House on November 09, 2022 in Washington, DC. Samuel Corum | Getty Images The Biden administration said Wednesday it would forgive $1.2 billion in student debt for nearly 153,000 borrowers …
Read More »Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
[ad_1] A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm …
Read More »Family offices are going on the offensive, trading cash for alternative assets
[ad_1] Strauss/curtis | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. While many institutional investors are trimming their …
Read More »Bitcoin falls from $50,000 following hotter-than-expected inflation data
[ad_1] An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was last lower by about …
Read More »