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Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

The move from Morgan Stanley, one of the world’s largest wealth management firms, is the latest sign of the adoption of bitcoin by mainstream finance.

Published 2 August 2024
Categorised as Finance News

Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock

The Omaha-based conglomerate’s cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.

Published 2 August 2024
Categorised as Finance News

Here’s where the jobs are for July — in one chart

Hiring in the U.S. slowed significantly last month with information and financial sectors leading the job losses.

Published 2 August 2024
Categorised as Finance News

Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

Nonfarm payrolls were expected to increase by 185,000 in July, according to the Dow Jones consensus estimate.

Published 2 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Exxon Mobil, Intel, Apple, Snap, Amazon and more

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

Published 2 August 2024
Categorised as Finance News

Buffett’s Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree

Berkshire Hathaway dumped a total of 19.2 million BofA shares over the past three days for almost $779 million, according to a new regulatory filing.

Published 2 August 2024
Categorised as Finance News

Singapore’s monetary authority sets up review group in bid to revive its equities market

MAS said one goal will be to identify methods for encouraging participation, including from capital market intermediaries, investors and listed companies. 

Published 2 August 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more

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

Published 1 August 2024
Categorised as Finance News

Here’s everything you need to know about Friday’s big jobs report

A gradual slowdown in the economy and Hurricane Beryl are expected to have taken some of the steam out of hiring in July.

Published 1 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Shake Shack, C.H. Robinson, Mobileye Global and more

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

Published 1 August 2024
Categorised as Finance News

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