All things Wealth
The Dow Jones Industrial Average gained amid better-than-feared inflation data. Tesla (TSLA) rose after CEO Elon Musk made a promise amid his ongoing Twitter (TWTR) battle. Coinbase (COIN) was up despite disappointing results amid a Bitcoin rally. Apple (AAPL) was a top blue chip. A
The United States Securities and Exchange Commission, or SEC, and the Commodity Futures Trading Commission, or CFTC, has proposed requiring large advisers to certain hedge funds to report any exposure to digital assets. In a Wednesday notice, the SEC and CFTC proposed amending their confidential
Sweetgreen Inc. shares plunged more than 23% after hours Tuesday after the salad restaurant chain’s second-quarter financial results missed Wall Street’s expectations. Sweetgreen SG, -4.21% reported a second-quarter loss of $40 million, or 36 cents a share, compared with a loss of $26.9 million, or
Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commodity strategist at Bloomberg, in a recent interview with Cointelegraph. McGlone predicted: “ I
The alliance meets Wednesday to decide on its production plan for September.
Steve Cohen, the founder of hedge fund Point72 Asset Management, has reportedly exited his investment in crypto trading firm Radkl. According to a Tuesday report from Bloomberg citing a Radkl spokesperson, Cohen has reduced his exposure to crypto investments following his exiting the trading firm.
Two prominent and influential proxy advisory firms are urging Tesla Inc. investors to vote against the reelection of two board directors, and are recommending they defy the company’s wishes and vote for six out of eight shareholder proposals. Tesla TSLA, +0.04% is facing several employee-related