Bitcoin regains $1 trillion market cap after a tumultuous two years for crypto
Bitcoin has regained its $1 trillion market capitalization on Wednesday, as the crypto industry works to recover from a tumultuous...
Investing
Recent IPO Amer Sports taps high-yield bond market with $600 million deal
Amer Sports Inc., the Finnish sportswear company that went public last week, on Tuesday launched an offering of $600 million...
Hertz’s stock reverses losses to close up 8.9% as execs talk up return to profitability
Hertz Global Holdings Inc.’s stock reversed early losses to close up 8.9% on Tuesday, as executives on the company’s earnings...
Ford earnings spurs buying of bonds as spreads over U.S. Treasurys tighten
Ford Motor Co.’s stock rose 3% Wednesday after an upbeat earnings report that also spurred buying of its outstanding bonds...
New York Community Bancorp’s stock rises as insiders buy shares at 1997 prices
New York Community Bancorp. rallied 17% at the closing bell on Friday after insiders at the company bought stock after...
Elon Musk’s SpaceX files to move incorporation from Delaware to Texas
Elon Musk’s SpaceX has filed to change the location of its business incorporation from Delaware to Texas. In a filing...
Opinion: Cisco could be a late bloomer in generating big AI revenue
Cisco Systems Inc. gave some more details on the timing of revenue from its anticipated orders related to artificial intelligence,...
Applovin’s blowout earnings forecast helps send its stock soaring
App-monetization company Applovin Corp. had a strong holiday season that helped power it to better-than-expected results for the latest quarter....
Cisco Systems’ stock dips on lowered guidance, plan to cut about 4,000 jobs
Cisco Systems Inc. announced a restructuring plan on Wednesday that includes job cuts of 5%, or about 4,200 people, on...
Correlation between bitcoin and stock market may rise again. It’s all about ETFs.
Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. For this installment, I caught...
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