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Former billionaire investor Sung Kook ‘Bill’ Hwang sentenced to 18 years
Jury had convicted Hwang on criminal charges over Archegos collapse, which cost Wall Street more than $10bn. The former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in ...World - The Guardian - November 20 -
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robustTech - ABC News - November 20 -
Former Wall Street investor sentenced to prison over massive fraud
Hwang was found guilty of fraud in a case that cost Wall Street banks billions of dollars in losses.Top stories - BBC News - November 21 -
Treasury yields steady as traders weigh increased Russia-Ukraine tensions
Thursday’s rally in U.S. government debt faded as trading progressed, leaving yields little changed again, as market participants assessed media reports that Russia had fired missiles on Ukraine.Business - MarketWatch - 6 days ago -
The S&P 500 is inflated by 25% because investors don’t care about fundamentals
A bull market rooted in earnings is far more solid than one riding on emotions.Business - MarketWatch - 4 days ago -
Crypto investor pays $6 million for a banana — and plans to eat it
Sotheby's auctioned off the infamous piece of work titled "Comedian," created by Italian artist and cultural prankster Maurizio Cattelan.Business - CNBC - 6 days ago -
Retail investors are feeling unusually optimistic about the market — here’s why
Most retail investors are feeling pretty good about their investments right now, and according to a recent survey, they expect the good times to continue.Business - MarketWatch - 6 days ago -
Nvidia shares fluctuate as investors digest third-quarter earnings
Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.Business - CNBC - 6 days ago -
These dividend-paying stock ETFs are jumping as investors await ‘Trump 2.0’
This week’s ETF Wrap takes you inside the rally in dividend-paying equity ETFs as investors seek to position for President-elect Donald Trump’s second term in the White House.Business - MarketWatch - 6 days ago -
An indicator pegged to Buffett and this bitcoin evangelist is flashing a warning for stock-market investors
The relative performance of MicroStrategy and Berkshire Hathaway are a good guide to speculative excessBusiness - MarketWatch - 5 days ago -
10-year Treasury yield slips as investors weigh state of U.S. economy
Investors weighed mixed economic data and assessed the state of the economy.Business - CNBC - 5 days ago -
Supreme Court drops Facebook’s appeal of investor suit in Cambridge Analytica scandal
The Supreme Court on Friday tossed Facebook’s appeal in a securities lawsuit against the social media giant, indicating the court shouldn’t have taken up the case. The unsigned, one-sentence ...Politics - The Hill - 5 days ago -
How Michele Kang Became One of the Biggest Investors in Women’s Soccer
The businesswoman invested $30 million in U.S. Soccer for the development of the women’s game. But that’s only part of her journey.Sports - The New York Times - 5 days ago -
Early Revolut investors cash out at least $300mn in share sale
Buyers of UK fintech’s stock include wealthy Goldman Sachs clientsWorld - Financial Times - 5 days ago -
Investors can look ahead to Nvidia, Treasury bonds and a bullish finish to 2024
The stock market is entering its usually favorable holiday season.Business - MarketWatch - 4 days ago -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - 5 days ago -
Facebook must face investor lawsuit, Supreme Court rules
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Facebook must face investor lawsuit, Supreme Court rules The Supreme Court on Friday tossed Facebook’s ...Politics - The Hill - 5 days ago -
Strong dollar set to hit emerging market bonds, warn investors
EM debt funds suffer outflows as hopes of rate cuts by developing nations fadeWorld - Financial Times - 5 days ago -
Bitcoin’s rally is making some investors nervous about the stock market
Bitcoin’s run toward $100,000 has helped unleash massive gains for shares of a handful of cryptocurrency-adjacent companies. But it’s also raising questions about what it might mean for the rest of ...Business - MarketWatch - 4 days ago