By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg said on Monday he expected Boeing (NYSE:BA) to cooperate in investigations by the Justice Department and National Transportation Safety Board into the Alaska Airlines 737 MAX 9 mid-air emergency on Jan. 5. \"We respect the independence of DOJ and NTSB doing their own work, but...
BlackRock’s Bitcoin ETF, IBIT, has shattered another record for daily inflows, absorbing $788.3 million from investors Tuesday alone. All that money goes straight into buying more Bitcoin (BTC), which the company holds with Coinbase and uses to directly back its shares. Less than two months after launch, BlackRock has now absorbed over $9.1 billion in...
(Reuters) -New York Community Bancorp (NASDAQ:CTBI) said on Monday it had closed the $1 billion capital infusion deal that was agreed last week with an investor group and plans to submit one-for-three reverse stock split of its common stock to shareholders. Joseph Otting, former Comptroller of the Currency in the Donald Trump administration, was named...
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible Bitcoin spot exchange-traded fund approval. But per the media outlet Nocut News, Lee also...
Company Overview SolarEdge Technologies Inc . (NASDAQ:SEDG), a leader in the solar energy sector, offers a comprehensive array of products and solutions, including inverters, power optimizers, and energy storage systems. With operations spanning 133 countries, the company has a solid presence in both residential and commercial markets. SolarEdge is broadening its scope by delving into...
Reversing direction, the Canadian dollar weakened against the U.S. dollar and the euro in the New York session on Friday. The loonie fell to 1.3476 against the greenback, from an early 4-week high of 1.3419. The loonie touched 1.4750 against the euro, setting a 2-day low. The currency may possibly face support around 1.38 against...
Bitcoin price’s slight dip to $66,105 sparks curiosity about future trends. This Bitcoin price prediction examines the potential for a bullish recovery, highlighting MicroStrategy’s increased investment and legislative movements towards Bitcoin ETFs in retirement plans. As the landscape evolves with significant inflows into Bitcoin ETFs, notably from BlackRock, the question arises: will these developments sustain...
-- Most Asian stocks kept to a tight range on Tuesday as markets remained cautious before key U.S. inflation data, while Japanese stocks saw extended losses amid more signs that the Bank of Japan will raise interest rates soon. Regional stocks also largely tracked a middling overnight session on Wall Street, as a recent risk-on...
The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system. Arizona has already been proven open to technological advances. In January 2023, it introduced a bill which would...
European stocks ended on a mixed note on Friday with investors assessing the latest batch of economic data from the region and the U.S. non-farm payrolls report, for clues about interest-rate trajectory. The Labor Department said non-farm payroll employment in the U.S. surged by 275,000 jobs in February, while economists had expected employment to jump...