Cryptocurrencies have resumed their northward journey this year after a highly disappointing 2022. On Jul 6, the price of Bitcoin (BTC) touched a 13-month high of $31,450, primarily due to soaring demand from institutional…
Exxon Mobil Corporation XOM has entered into an agreement to acquire Denbury Inc. DEN for $4.9 billion. The move is part of ExxonMobil’s plan to enhance its transition to clean energy with a well-established carbon dioxide sequestration…
The Zacks Airline industry has been benefiting from buoyant air travel demand, following the easing of COVID-19 travel restrictions and the reopening of the global economy. The industry is witnessing a solid recovery in…
Fintel reports that Silver Lake Group, L.L.C. has filed a 13D/A form with the SEC disclosing ownership of 90.77MM shares of Dell Technologies Inc – Class C (DELL). This represents 26.0% of the company.…
Fintel reports that on July 13, 2023, Goldman Sachs maintained coverage of Robinhood Markets Inc. (HOOD) with a Neutral recommendation. Analyst Price Forecast Suggests 0.12% Downside As of July 6, 2023, the average one-year…
March 19 marked the 20th anniversary of the U.S. invasion of Iraq, a war that lasted eight years and involved the deaths of some 4,600 U.S. service members. The war was justified by the…
Fidelity Investments Canada ULC announced on July 12 that it had entered into an agreement with Brookfield Asset Management (BAM) that sees the alternative asset manager build a portfolio of Canadian real estate assets for…
The Federal Trade Commission (FTC) has launched an investigation into ChatGPT creator OpenAI over concerns that it may have disseminated false information about individuals. The move comes amid increasing concerns regarding the misuse of AI technologies…
Multichain, previously known as Anyswap, said it is ceasing operations on July 14, citing a lack of operational funds and limited resources. The decision comes after the project’s CEO went missing in May, causing…
Iconography depicting the graphic murder of humans in front of deities has been uncovered from numerous ancient (and sometimes not so ancient) cultures across the globe. Sacrificial rites were often performed by now vanished…
JPMorgan’s profit jumped 67% to $14.47 billion in the second quarter of 2023, driven by rising interest rates and the buyout of the collapsed First Republic Bank in May. JPMorgan said its profit would…
Every summer has a soundtrack. Not just the crash of waves at the beach, the cries of “Marco / Polo” from the pool, the sizzle of burgers on the grill, the crackling of the…
The market expects Fifth Third Bancorp (FITB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2023. This widely-known consensus outlook is important in…
TC Energy Corporation TRP, a Canada-based energy infrastructure operator, announced that its proposed Ontario Pumped Storage Project (OPSP) is moving to its final evaluation stage. This exciting development marks a milestone in Ontario’s ambitious…
The market expects Travelers (TRV) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2023. This widely-known consensus outlook is important in assessing the…
Polygon’s team introduced a 2.0 roadmap last month, an initiative to create a unified network of multiple chains. As part of this initiative, Polygon researchers submitted a new proposal to create a new token,…
European crypto enthusiasts will soon be able to invest in a spot Bitcoin exchange-traded fund (ETF). Wealth manager Jacobi Asset Manager said it plans to launch a spot Bitcoin ETF in July amid a…
Alex Mashinsky, co-founder and former Chief Executive of the imploded Celsius Network, got arrested on Thursday, Bloomberg reported. The 58-year-old business executive and his collapsed crypto lending firm face a lawsuit from the US…
CCData and CCRI, leaders in digital asset data and Environmental, Social, and Governance (ESG) analysis, have created the first-ever institutional-grade Digital Asset ESG Benchmark and data solutions. The report revealed that Bitcoin accounts for 90% of…
The rising rate environment that we continue to find ourselves in has significant implications for the banking industry because it directly impacts their ability to earn on their lending business as well as their…
