French stocks rose sharply on Monday while bonds gained in a relief rally as the first round of voting left Le Pen\'s National Rally looking short of securing a majority in parliament. The benchmark CAC 40 was up 110 points, or 1.5 percent, at 7,589 after falling 0.7 percent on Friday. Banks rallied, with BNP...
U.K. stocks were modestly higher on Monday after a Nationwide report indicated that U.K. house prices gained 0.2 percent on a monthly basis in June despite ongoing high interest rates. Year-on-year, house prices posted a growth of 1.5 percent in June after rising 1.3 percent in May. Earlier, the property website Rightmove said house prices...
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SECSecurities and Exchange Commission (SEC) Chair Gary Gensler has previously warned that artificial intelligence (AI) could lead to the next financial crisis. Gensler once again elaborated on this topic during a virtual fireside chat hosted by the non-profit advocacy organization Public Citizen on Jan. 17. ...
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over $10,000, including customers’ names, addresses, and social security numbers, within 15 days....
Jayshree Ullal, the President and CEO of Arista Networks , Inc. (NYSE:ANET), has sold a significant number of shares in the company, according to a recent filing with the Securities and Exchange Commission. The transactions, which took place on March 21, 2024, involved the sale of 21,500 shares of common stock at a price of...
In a recent transaction on March 25, Heather A. Berger, a director at Design Therapeutics, Inc. (NASDAQ:DSGN), purchased shares in the company, signaling a vote of confidence in the firm\'s prospects. The acquisition consisted of 1,300 shares of common stock at a price of $3.7429 each, amounting to a total investment of approximately $4,865. This...
Design Therapeutics, Inc. (NASDAQ:DSGN) disclosed in a recent filing that director John P. Schmid has purchased additional shares of the company. The transactions, which occurred on March 22 and March 25, resulted in Schmid acquiring a total of 26,965 shares, with an aggregate value exceeding $99,000. According to the filing, Schmid made two separate purchases....
By Chuck Mikolajczak NEW YORK (Reuters) -The Dow and S&P 500 slipped on Monday, the first session after the biggest weekly percentage gains for the indexes this year, as investors gauged the likely path of interest rates from the Federal Reserve ahead of key inflation data due later in this holiday-shortened week. Last week, the...
In a recent transaction, James H. Dahl, a major shareholder of AMREP Corp. (NYSE:AXR), has purchased additional shares of the company, signaling a strong vote of confidence in the real estate and land development firm\'s prospects. According to the latest filings, Dahl acquired a total of 6,300 shares. The purchases were made in multiple transactions...
WESTLAKE, TX – Jonathan M. Craig, Managing Director and Head of Investor Services and Marketing at Charles Schwab Corp (NYSE:SCHW), has recently engaged in significant trading activity, according to the latest regulatory filings. On March 21, Craig sold a total of 4,977 shares of the company\'s common stock, netting a total of $348,429. The shares...