Loading… Loading… On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF IWM climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023. Blue-chip stocks declined by 0.4%, while the Nasdaq 100 dipped
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Loading… Loading… Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the companys U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose acquisition company (SPAC) SK Growth Opportunities Corp. SKGR , has
Loading… Loading… SoFi Technologies Incs SOFI CEO Anthony Noto appeared on CNBCs Mad Money to shed light on the companys strategies to bolster its financial position and reignite stock momentum. Here are some key highlights Noto told host Jim Cramer: Profitability Outlook: SoFi projects a full-year GAAP profitability in 2024, reflecting the companys commitment to
drop one — The 2024 Fiat 500e is a $34K EV that appeals to emotion, not logic It fits a niche, but it won’t suit everyone’s needs. Stephen Edelstein – Apr 10, 2024 4:01 am UTC Enlarge / For now, Fiat’s sole US offering is the (RED) 500e, but future versions will arrive in “drops.”Stephen
Loading… Loading… Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the companys U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose acquisition company (SPAC) SK Growth Opportunities Corp. SKGR , has
Delta 389 — After a fiery finale, the Delta rocket family now belongs to history “It is bittersweet to see the last one, but there are great things ahead.” Stephen Clark – Apr 9, 2024 9:45 pm UTC Enlarge / In this video frame from ULA’s live broadcast, three RS-68A engines power the Delta IV
Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern which companies offer reliable, scalable, and secure
DENVER Pediatrician Patricia Braun and her team saw roughly 100 children at a community health clinic on a recent Monday. They gave flu shots and treatments for illnesses like ear infections. But Braun also did something most primary care doctors dont. She peered inside mouths searching for cavities or she brushed fluoride varnish on their
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. OpenAI and Meta are on the brink of releasing new artificial intelligence models that they say will be capable of reasoning and planning, key steps towards achieving superhuman cognition in machines. This week, executives at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Macquarie, the former owner of Thames Water criticised for loading the utility with debt, is a lender to its stricken parent company. Macquarie’s investors lent about £130mn to the utility’s holding company Kemble Water Finance
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. AstraZeneca’s chief executive Pascal Soriot is “massively underpaid” and deserves a proposed £1.8mn pay rise, according to one of the drugmaker’s top shareholders. The British pharmaceutical company is preparing for a vote on its long-serving
https://dts.podtrac.com/redirect.mp3/chrt.fm/track/35917C/d2h6a3ly6ooodw.cloudfront.net/reasontv_audio_8274787.mp3 1x 1.1x 1.25x 1.5x 2x 3x :15 :15 Download The White House Lied About Its IRS Funding Only Targeting the Rich In this week’s The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman consider President Joe Biden’s updated response to the war in Gaza following a strike by Israeli military
Loading… Loading… Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an IPO to go public. What Happened: The
Loading… Loading… Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the companys U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose acquisition company (SPAC) SK Growth Opportunities Corp. SKGR , has
Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern which companies offer reliable, scalable, and secure
Total eclipse of the Ars — Moments of totality: How Ars experienced the eclipse The 2024 total eclipse is in the books. Here’s how it looked across the US. Ars Staff – Apr 8, 2024 11:37 pm UTC Enlarge / Baily’s Beads are visible in this shot taken by Stephen Clark in Athens, Texas.Stephen Clark
PayPal Holdings, IncPYPL has introduced Tap to Pay onApple IncAAPL iPhone for Venmo business profile and PayPal Zettle users in the U.S., allowing users to accept contactless payments directly on their iPhones withoutextra cost or hardware. This initiative is part of PayPals commitment to helping small businesses expand their sales, grow their operations, and improve
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour will on Tuesday propose to toughen a planned crackdown on tax perks enjoyed by “non-doms” living in the UK, alongside a wider effort to tighten compliance, as the party seeks to plug a hole
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US, UK and Australia on Monday said they were considering working with Japan on advanced technology projects in the trilateral Aukus security pact aimed at boosting deterrence against China. The Aukus defence ministers said
Off the market — $158,000 ALS drug pulled from market after failing in large clinical trial The drug is now unavailable to new patients; its maker to lay off 70% of employees. Beth Mole – Apr 5, 2024 10:28 pm UTC EnlargeAmlyx reader comments 117 Amylyx, the maker of a new drug to treat ALS,