Category: Uncategorized
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Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion
Crypto startup Ripple said Tuesday that it’s agreed to buy prime brokerage firm Hidden Road for $1.25 billion in the company’s biggest acquisition to date.
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Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say
Companies have long faced external attacks from hackers. Now, thanks to generative AI, another threat has emerged: Employees who aren’t who they say they are.
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Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.
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‘Big Short’ investor Steve Eisman on tariff turmoil: Don’t be a hero
Steve Eisman warns Wall Street isn’t done discounting worst-case scenarios tied to the Trump’s tariffs. But he doesn’t see another financial crisis.
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Stocks making the biggest moves midday: U.S. Steel, Tesla, Dollar Tree, Apple and more
These are the stocks posting the largest moves in midday trading.
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Hedge funds pile up record short bets against stocks as traders go into ‘self-protection mode’
Fast-money professional traders recorded their largest-ever one-day net sales of global equities last week, according to Goldman Sachs’ prime brokerage data.
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Stocks making the biggest moves after hours: CVS Health, Broadcom, Humana and more
These are the stocks posting the largest moves in extended trading.
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French fintech Pennylane doubles valuation to $2.2 billion as Alphabet’s venture capital arm takes stake
Accounting software startup Pennylane has raised 75 million euros ($83 million) in a new funding round led by Sequoia Capital.
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Beijing’s strong countertariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.
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JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump’s sweeping tariff policy as global markets tumble.