Source: Pixabay / TamimTaban Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector. The list includes innovators like the co-founders of Injective Labs, the co-founder of Fractal, the co-founders of Toku, and leaders...
Cathie Wood’s ARK Invest trims exposure to Coinbase while loading up on more Robinhood shares. Image by Tom, Adobe Stock. Cathie Wood’s ARK Invest continues to make moves in the crypto sector, trimming its Coinbase stake while adding to its Robinhood position. The asset management firm sold nearly $5.3 million worth of Coinbase shares on...
The Fed is expected to cut interest rates by over 100 basis points in 2024 as inflation rates fall, adopting a more dovish monetary policy stance. Image by Monster Ztudio, Adobe Stock. The U.S. Federal Reserve is likely to adopt a dovish monetary policy stance in 2024, according to projections published by Deutsche Bank on...
CALGARY - Enbridge Inc. (TSX: NYSE:ENB) (NYSE: ENB) reported that the Canada Energy Regulator (CER) has approved a negotiated settlement for the Mainline pipeline system\'s tolling structure, which will remain in effect until December 31, 2028. This settlement establishes the tariffs for the transportation of crude oil and liquids from Western Canada across the continent....
After-Hours Stock Movers: MicroStrategy (Nasdaq: MSTR) declined 5.5% after it announced plans to offer $600 million aggregate principal amount of convertible senior notes due 2030 in a private offering. MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes. GitLab Inc (GTLB) declined...
By Brendan Pierson (Reuters) -President Joe Biden\'s administration on Monday urged a U.S. appeals court to preserve a federal mandate that requires health insurers to cover preventive care services including HIV-preventing medication and cancer screenings at no extra cost to patients. \"These are preventive services provisions that are critical and life-saving to millions of Americans,\"...
By Fergal Smith (Reuters) - Canada\'s main stock index edged lower on Monday, weighed by declines for energy shares, as investors turned cautious ahead of U.S. and Canadian jobs data as well as a Bank of Canada interest rate decision this week. The Toronto Stock Exchange\'s S&P/TSX composite index ended down 21.28 points, or 0.1%,...
LYNCHBURG - BWX Technologies, Inc. (NYSE: NYSE:BWXT) has been awarded a contract by the U.S. Department of Energy (DOE) to manage environmental restoration at the Hanford Site in Washington. The contract, with Hanford Integrated Tank Disposition Contract (ITDC), is valued at up to $45 billion over a 10-year period. The DOE selected the joint venture...
BOSTON - Berkshire Hills (NYSE:BHLB) Bancorp, Inc. (NYSE: BHLB) has entered into agreements to sell 10 branches in upstate and eastern New York to three different financial institutions. This move is part of the company\'s strategy to streamline operations and focus on core markets within New York. The transactions, which are expected to be completed...
PALO ALTO, Calif. - Intapp, Inc. (NASDAQ:INTA), a provider of AI-powered software for various professional sectors, has announced that entities affiliated with Great Hill Equity Partners IV, L.P. will offer 7,000,000 shares of the company\'s common stock in an underwritten public offering. The proceeds from the sale will go entirely to the selling stockholder, with...