Facing a probe from the Australian Securities & Investments Commission, Binance asked the regulator to cancel its derivatives license.
Category: Finance News
March’s banking chaos gave short sellers their biggest profits since the financial crisis
Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month, according to data firm Ortex.
Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more
These are the stocks posting the largest moves in early trading.
IMF says U.S-China tensions could cost the world about 2% of its output
Companies and policymakers are exploring ways to make their supply chains more resilient by “moving production home or to trusted countries,” the IMF said.
Bank panic created this pocket of opportunity with yields nearing 8%, analysts say
“We are not in favor of buying common bank stocks right now,” says Loreen Gilbert, CEO of WealthWise Financial, who recommends another way of investing in them.
Betterment CEO on record net deposits, consumers, yields and FDIC insurance increase
Sarah Kirshbaum Levy, Betterment CEO, joins ‘Closing Bell: Overtime’ to discuss the company’s record net deposits.
Western Alliance shares cut losses after the bank says deposit outflows are stabilizing
Shares of Western Alliance Bancorp cut steep losses after the regional bank gave a new update showing deposit outflows stabilizing amid the banking crisis.
Stocks making the biggest moves midday: Nvidia, Palantir, Western Alliance, Johnson & Johnson and more
These are the stocks posting the largest moves in midday trading.
Bank of America lists its top stock picks for the second quarter
The firm compiled a list of high-conviction stock recommendations in a note to clients earlier this week.
Apple CEO Tim Cook shares his No. 1 strategy for clearing his head: ‘It’s better than any other thing you could possibly do’
When Apple CEO Tim Cook needs a mental reset from running one of the world’s biggest tech companies, he spends time outdoors. Here’s why.