Some FTX employees reported the issue of Alameda’s backdoor to a top executive, which was never fixed. Amid the ongoing trial of FTX co-founder and former...
Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about housing, banks and even the fiscal...
BlackRock exec predicts SEC approval of Bitcoin ETF in 3-6 months. Former BlackRock managing director Steven Schoenfield, who now serves as the CEO of MarketVector Indexes,...
Rivian — Shares of the electric vehicle maker plunged 8.7% after Rivian announced a $1.5 billion convertible bond sale and issued disappointing guidance for the third quarter. The...
Ripple may have clinched a minor win, but it’s not a major loss for the SEC. District Judge Analisa Torres has dismissed the Securities and Exchange...
Rivian Automotive — Rivian Automotive shares tanked 19% after the electric vehicle maker announced plans to raise $1.5 billion in convertible notes and offered preliminary third-quarter revenue guidance...
Intel — Shares popped 2.5% after the chipmaker announced it would be operating its programmable chip unit as a stand-alone business. Intel plans to conduct an initial public...
Warby Parker — The eyewear maker popped 3.4% after Evercore ISI upgraded shares to outperform from in line. The firm said 2024 should be a “fundamental inflection year”...
Fluor Corporation — The engineering and construction company gained 2.4% after UBS upgraded Fluor shares to buy. The Wall Street firm is bullish on Fluor after reaching...
Judge Kaplan said the trial could end in late November, around Thanksgiving. Sam Bankman-Fried (SBF), the founder and former CEO of the bankrupt cryptocurrency exchange FTX,...
