In this article BTC.CB= Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, believes regulators would ultimately take control of bitcoin if the cryptocurrency gains mainstream success. “I think at the end of
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Huawei founder Ren Zhengfei attends a panel discussion at the company headquarters in Shenzhen, Guangdong province, China June 17, 2019. Aly Song | Reuters BEIJING – Chinese telecommunications giant Huawei said it is expanding its team of scientists even as the company has lost revenue in the wake of U.S. sanctions. It’s a bet that
U.S. stock futures were flat Tuesday night after the Dow Jones Industrial Average dropped nearly 300 points on rising investor worries about the state of the economic recovery and the next action by the Federal Reserve. Dow Jones Industrial Average futures ticked 8 points higher, or 0.02%. S&P 500 and Nasdaq 100 futures climbed 0.05%
Stephen Scherr, chief strategy officer and head of GS Bank USA at Goldman Sachs & Co. Jon Halty | Bloomberg | Getty Images Goldman Sachs named Denis Coleman the bank’s new chief financial officer beginning next year. Coleman, the current co-head of the firm’s Global Financing Group, will take over for Stephen Scherr, who is
In this article SPCE APA OXY DELL Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines in midday trading. Marathon Oil — Shares of the exploration
U.S. stock index futures were modestly higher during overnight trading on Monday, after the S&P 500 finished in the green, snapping a five-day losing streak. Futures contracts tied to the Dow Jones Industrial Average rose 75 points. S&P 500 futures gained 0.2%, while Nasdaq 100 futures were up 0.13%. The Dow and S&P both advanced
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood’s chief legal officer, who used to work at the SEC, said the back-end payment brokerages receive for directing clients’ trades to market makers is ultimately a benefit to retail investors.
A breeder feeds piglets at a pig farm on May 13, 2020, in Bijie, Guizhou Province of China. Visual China Group | Getty Images BEIJING — Massive swings in pork prices in the last two years are roiling China’s hog farm industry. To capitalize on a doubling in prices in 2019, the five largest pork
U.S. stock index futures were modestly higher during overnight trading on Sunday as the S&P 500 comes off its longest daily losing streak since February. Fears over slowing economic growth and rising inflation have weighed on the market. Futures contracts tied to Dow Jones Industrial Average gained 51 points. S&P 500 futures advanced 0.18%, while
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop staged a stunning intraday comeback from its post-earnings sell-off on Thursday as retail investors looked past the lack of clarity on turnaround plans and piled into the meme star. Shares of
In this article IYG U.S. stock index futures were little changed during overnight trading on Thursday, after stocks registered a fourth-straight day of losses. Futures contracts tied to the Dow Jones Industrial Average advanced 10 points. S&P 500 futures and Nasdaq 100 futures were slightly higher. During regular trading the Dow shed roughly 150 points,
The SIX Swiss Exchange in Zurich, Switzerland. Stefan Wermuth | Bloomberg via Getty Images SIX, Switzerland’s stock exchange, has won regulatory approval to launch its long-awaited digital bourse. The SIX Digital Exchange said Friday it obtained two licenses from FINMA, the country’s markets watchdog, to operate a stock exchange and depository for blockchain-based securities. SIX