Latest in MicroStrategy raised another $600 million from preferred stock sales to buy bitcoin
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MicroStrategy raises another $600 million from preferred stock sales to buy bitcoin
The company announced in its last earnings report a plan to raise $42 billion to buy bitcoin in three years. It’s already spent nearly half of that.MarketWatch - 3h -
Costco starts off 2025 with yet another sales gain
The warehouse club retailer said that revenue last month rose 9.2% year over year, to $19.51 billion.MarketWatch - 3h -
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went on a buying spree last quarter.CNBC - 4h -
The Grammys and FireAid concerts raised $125 million for fire relief
FireAid so far has brought in $100 million and counting, MusiCares and Grammys brought in upwards of $24 million through funds brought in from the award show telecast and other benefit activities.Los Angeles Times - 1d -
How a Sale of TikTok Would Work and Who Might Buy It
A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.The New York Times - 1d -
Reid Hoffman Raises $24.6 Million for AI Cancer-Research Startup
The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee.The Wall Street Journal - Jan. 27 -
This is how much Mattel’s $600 million buyback could boost earnings
Mattel is ramping up its share repurchase efforts. Analyst firm UBS expects an earnings boost from the toy maker.MarketWatch - 12h -
The blogger who helped spark Nvidia’s $600 billion stock collapse and a panic in Silicon Valley
Nearly every bank is highly bullish on Nvidia. “They have absolutely no idea what they’re talking about,” Jeffery Emanuel told MarketWatch.MarketWatch - 4d -
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.CNBC - Jan. 30 -
Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Jan. 29 -
MicroStrategy adds another bull to its side, and yes, it’s all about bitcoin
MicroStrategy’s stock is set to snap the longest losing streak it’s seen in a year after adding another bullish analyst on bitcoin to its camp.MarketWatch - Jan. 29 -
Czech central bank head wants it to buy billions of euros in bitcoin
Governor tells FT ‘I like profitability’ and predicts others could follow his exampleFinancial Times - Jan. 29 -
MicroStrategy is still loading up on bitcoin, but the pace of buying is slowing
In a little less than three months, MicroStrategy has spent nearly half of its three-year, $42 billion capital plan to buy bitcoin.MarketWatch - Jan. 28 -
Bitcoin drops below $100,000 in risk-off move as Nasdaq stocks are hit
Crypto is in a cooling period after running to a new record last week and was pulled lower by the DeepSeek-driven sell-off in tech stocks.CNBC - Jan. 27 -
Reid Hoffman Raises $24.6 Million for AI Cancer-Research Startup
The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee.The Wall Street Journal - Jan. 27 -
Beijing tells insurers to buy more Chinese stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companiesFinancial Times - Jan. 23 -
Netflix Raises Prices After Adding 19 Million Subscribers in Latest Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.The New York Times - Jan. 21 -
Trump-backed crypto venture to extend token sales after raising $1bn
Entrepreneur Justin Sun among investors buying into World Liberty FinancialFinancial Times - Jan. 20 -
Hamilton raises $1.7M to tokenize real-world assets on Bitcoin
Hamilton, a protocol specializing in tokenizing real-world assets (RWA) on Bitcoin, has raised a $1.7 million pre-seed funding round.VentureBeat - Jan. 20 -
We're buying more of an underappreciated stock and downgrading another that has broken out
The purchase will increase the stock's weighting in our portfolio to more than 2%.CNBC - Jan. 17 -
Trump and bitcoin: BlackRock predicts another historic year for crypto
BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.CNBC - Jan. 16 -
American Express Settles Deceptive Sales Case with $230 Million Fine
American Express said it cooperated extensively with investigators.Inc. - Jan. 16 -
Abercrombie sale: Everything worth buying now
At Abercrombie, you can save up to 50% off sitewide — including clearance items. We rounded up our editors’ favorite mens and womens pieces from the sale.NBC News - Jan. 16 -
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.MarketWatch - Jan. 16 -
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.The New York Times - Jan. 14 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Biden Raises Bounty For Nicolás Maduro to $25 Million
The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.The New York Times - Jan. 10 -
Two million discounted tickets up for grabs in rail sale
More than two million train tickets will be sold at a discount under a promotion starting next week.BBC News - Jan. 10 -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Man fails in claim to recover £600m Bitcoin hard drive from tip
James Howells tried to sue a council for access to the site or get £495m in compensation.BBC News - Jan. 9 -
Judge halts attempt to retrieve £600m bitcoin wallet from Welsh dump
James Howells, 39, took council to court to try to force it to let him search site for hard drive thrown away by accident. A computer expert’s decade-long battle to recover a £600m bitcoin fortune ...The Guardian - Jan. 9 -
Uniqlo Heattech Sale: What to buy to stay warm this winter
Right now, you can save on Uniqlo’s Heattech base layers. The NBC Select-staff favorite tops and bottoms are available for men, women and children and are great for skiing, snowboarding and winter ...NBC News - Jan. 8 -
A Legacy From Carter That Democrats Would Prefer to Escape
For decades, Republicans have reveled in invoking Jimmy Carter’s name to deride Democrats as weak — mockery that has influenced the way Democrats present themselves to voters.The New York Times - Jan. 8 -
Greenland ‘not for sale’, says Danish PM after Trump call for US to buy it
US president-elect’s renewed interest in Arctic island poses challenge for Denmark’s governmentFinancial Times - Jan. 7