Finance News – Firm
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Pompliano’s crypto firm raises $750M to go public via SPAC
The $750 million capital infusion through a special purpose acquisition company enables Anthony Pompliano’s crypto business to access public markets and pursue expanded growth oppo...
Read Full Article →South Korean crypto CEO acquitted of $650 million fraud charges, months after stabbing incident: rep...
The CEO of a South Korean cryptocurrency company was found not guilty of charges related to an alleged $650 million loss affecting thousands of investors after the firm halted with...
Read Full Article →The Blockchain Group unveils $342 million share issuance plan to acquire more bitcoin
The company plans to raise $342 million through new shares to expand its bitcoin holdings, enhancing the proportion of bitcoin allocated to each outstanding share.
Read Full Article →Week in Business: Warning lights in the City as another firm quits London for New York
The departure of additional companies from London to New York highlights ongoing challenges for the UK's financial sector, suggesting a potential shift in market confidence and inv...
Read Full Article →Circle IPO hits $1.1 billion as the firm sells shares above marketed range: report
Circle raised approximately $1.1 billion by selling 34 million shares at around $31 each, exceeding initial price expectations and providing substantial capital for the company and...
Read Full Article →Nvidia Stock Rises After Reclaiming Crown From Microsoft as World's Most Valuable Firm
Nvidia's recent increase in market value has positioned the company ahead of Microsoft, reflecting notable changes in investor confidence and market dynamics within the technology...
Read Full Article →Michael Saylor's Strategy Makes Smallest Bitcoin Buy in 10 Weeks
The recent acquisition of approximately $75 million in Bitcoin marks the smallest purchase in over two months, while the company's total cryptocurrency assets continue to exceed $6...
Read Full Article →C3.ai Stock Soars as Firm Posts Strong Results, Renews Major Contract
The company's share price increased significantly following the announcement of robust quarterly earnings and the extension of a key agreement with an important client.
Read Full Article →Okta Stock Sinks on Firm's Concern About Economic Uncertainty
The decline in Okta's share value reflects investor apprehensions regarding potential impacts of broader economic instability on the company's future financial performance.
Read Full Article →A Small Food Firm Buys 21 bitcoin, Jumping on BTC Treasury Trend, Shares Fall Anyways
The company's decision to invest in cryptocurrency reflects a strategic shift, yet this move coincided with a notable decline in its stock value during recent market activity.
Read Full Article →Workday Stock Tumbles as Firm's Subscription Revenue Outlook Underwhelms
The company's shares declined following a forecast that indicated slower growth in recurring subscription income, raising concerns among investors about future financial performanc...
Read Full Article →Advance Auto Parts Stock Soars as Firm Backs Forecast Amid Tariff Pressure
The company's shares rose significantly after it reaffirmed its earnings outlook despite challenges posed by increased import taxes affecting its supply chain costs.
Read Full Article →Wolfspeed Stock Plummets 70% on Report Firm Preparing to File for Bankruptcy
The company’s shares experienced a significant decline as investors reacted to news of potential legal proceedings that could impact its financial stability and overall market posi...
Read Full Article →Amer Sports Stock Hits All-Time High as Firm Tops Estimates, Raises Outlook
Shares of Amer Sports reached a record level following the company’s better-than-expected earnings report and an upward revision of its future financial projections.
Read Full Article →Supplier to major supermarkets hit by cyber attack
The recent cyber incident involving Peter Green, a logistics company serving prominent supermarket chains, could impact supply continuity despite its smaller market presence compar...
Read Full Article →Diploma: Shares in FTSE 100 firm rocket after profit upgrade
Diploma experienced a notable increase in stock value following improved forecasts and a robust first-half performance, highlighted by a 14 percent rise in revenue reaching £728.5...
Read Full Article →Liz Truss: UK’s shortest-serving PM rakes in the cash
Following her tenure as Prime Minister, Liz Truss has experienced a notable increase in income, generating £112,657 through a company established with her spouse in the year ending...
Read Full Article →Sixt shares plummet as firm remains unprofitable despite softer losses
Despite reducing its losses, the car rental company continues to face unprofitability and stagnant revenue in its primary market, contributing to a significant decline in its stock...
Read Full Article →COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
The addition of Coinbase to the S&P 500 may increase investor confidence and potentially attract more institutional capital to the cryptocurrency market.
Read Full Article →Coinbase CEO’s Biotech Firm Gets $130M to Fight Aging With AI, Genomics
The recent $130 million funding round for a biotech startup led by Coinbase’s CEO highlights the increasing investment in combining artificial intelligence and genomics to develop...
Read Full Article →Metaplanet issues $25 million in bonds to buy more bitcoin following US expansion
Metaplanet announced its issuance of $25 million in bonds to enhance its bitcoin holdings, coinciding with plans to establish a subsidiary in Florida to bolster its U.S. operations...
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