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Financial News Around the World

Rise of ‘zombie’ VCs haunts tech investors as plunging valuations hammer the industry

For some venture capitalists, we’re approaching a night of the living dead.

Published 16 February 2023
Categorised as Finance News

MSCI delays weighting cuts for two Adani companies, cites ‘replicability’ concerns

Index provider MSCI said it will delay implementing weighting changes for some Adani Group companies until later this year.

Published 16 February 2023
Categorised as Finance News

Charlie Munger says BYD is so far ahead of Tesla in China it’s almost ridiculous

Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

Published 15 February 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Roku, Cisco Systems, Twilio and more

These are the stocks posting the largest moves in extended trading.

Published 15 February 2023
Categorised as Finance News

FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both with ties to Stanford

The names of FTX co-founder Sam Bankman Fried’s bond guarantors were unsealed on Wednesday after a judge granted a motion to have their identities made public.

Published 15 February 2023
Categorised as Finance News

Keith Meister’s Corvex Management bets on media companies, cuts big tech and biotech holdings

The former Icahn lieutenant loaded up on Activision options in the fourth quarter, according to Corvex’s latest 13F.

Published 15 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: Roblox, Airbnb, Barclays, Silvergate Capital & more

These are the stocks posting the largest moves midday.

Published 15 February 2023
Categorised as Finance News

World’s oldest Hebrew Bible could fetch $50 million at auction

The Codex Sassoon, a Hebrew Bible more than 1,000 years old, could end up the most valuable historical document ever auctioned.

Published 15 February 2023
Categorised as Finance News

34-year-old lived on $19,000/year as a waitress. Now she runs a $100,000 business and makes $27,000 in passive income

Bravely Go founder Kara Perez shares how she went from $30,000 in debt on a low-income job to running her own company that brings in more than $100,000 a year. Here’s how she got started.

Published 15 February 2023
Categorised as Finance News

SEC Chair Gensler proposes rules that would change which crypto firms can custody customer assets

SEC chair Gary Gensler proposed sweeping reforms that would alter the nature of crypto exchanges’ institutional and investor custody programs.

Published 15 February 2023
Categorised as Finance News

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