Robinhood Markets Inc HOOD is on deck to issue its second-quarter earnings on Wednesday after the closing bell. With the potential to act as an indicator of retail trading activity, investors are keenly watching the results. Lets take a closer look at what to expect. Robinhood By The Numbers: The Menlo Park, California-based company is
U.S. Securities and Exchange Commission (SEC) chair Gary Gensler is sounding the alarm on the transformative impact of artificial intelligence (AI), saying that it may have wide-ranging impacts on the financial markets. What Happened: Reflecting on a paper he co-authored in 2020 on deep learning and financial stability, Gensler expressed a concern that only a
Were looking for rapid and stupendous progress — Our health care system may soon receive a much-needed cybersecurity boost We’re now researching better defenses to US health care’s digital infrastructure. Lily Hay Newman, wired.com – Aug 18, 2023 12:00 pm UTC EnlargeLorenzo Capunata/Getty reader comments 0 with The Advanced Research Projects Agency for Health (Arpa-H),
In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. PYPL announced Monday the launch of a new U.S. dollar-denominatedstablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant and is set to be a game-changer in the realm of digital payments
Roadmap — With NASAs mobile launcher on the move, heres a road map to Artemis II Were getting back into testing, which is what we love.” Stephen Clark – Aug 18, 2023 11:30 am UTC Enlarge / NASA’s mobile launcher for the first three Artemis Moon missions.Stephen Clark/Ars Technica reader comments 2 with NASA’s repaired
Libertify, an AI-driven risk management platform, unveiled its latest offering in crypto wealth management: an artificial intelligence (AI) audit. This new feature allows crypto investors to assess and manage their portfolio risks and instantly receive optimization suggestions aimed at minimizing risk without compromising performance. LibertifyCEOSteve Rosenblumemphasized the importance of learning from past market downturns. By
In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower
A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring
(RNS) — When the Anglican Church in North America broke off from the Episcopal Church and the Anglican Church of Canada in 2009 over their acceptance of LGBTQ clergy and same-sex marriage, the split was not exactly amicable. Years of infighting and slow, grinding property lawsuits that followed the split have kept tensions between
Canadian fire crews on Thursday battled to prevent wildfires from reaching the northern city of Yellowknife, where all 20,000 residents are leaving by car and plane after an evacuation order was declared. Water bombers flew low over Yellowknife as thick smoke blanketed the capital of the vast and sparsely populated Northwest Territories. Officials say the fire, which
RIP Xbox Live Marketplace — End of the road: The Xbox 360 game marketplace will shut down Players will still be able to download previously purchased games. Samuel Axon – Aug 17, 2023 9:20 pm UTC The Xbox 360.Thomas Hawk reader comments 38 with The digital storefront for purchasing games and other media on the
Founded in 2019, TradeStation partner Aries is debuting on StartEngine, the same crowdfunding platform trusted by famed businesspeople and investors like Kevin OLeary. Aries challenges traditional full-stack brokers, sporting the tools Main Street needs to compete with its better capitalized and informed peers on Wall Street. Available in 130 countries, Aries differentiates itself by offering
Bolivian National Deputy Mariela Baldivieso is spearheading an initiative to legalize cryptocurrencies in Bolivia. The proposal aims to lift the current ban on crypto assets and urges the Ministry of Economy and Public Finance to establish regulatory norms. "Bolivia needs to embrace new technologies as a transformative opportunity to strengthen our economy, promote financial inclusion,
The Justice Department is seeking 33 years in prison for Enrique Tarrio, the former Proud Boys leaderconvicted of seditious conspiracyin one of the most serious cases to emerge from the Jan. 6, 2021,attack on the US Capitol, according to court documents filed Thursday. The sentence, if imposed, would be by far the longest punishment that
China’s central bank has stepped up defence of its currency as concerns mount over the health of the world’s second-largest economy. The efforts by the People’s Bank of China to arrest a slide in the renminbi follow a series of gloomy economic data releases this week that showed weakening exports and waning consumer confidence. Foreign
Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only as Mr. Chen was sentenced to nine months in prison after helping his friend, Mr. Lin, purchase 94,988 Chinese yuan ($13,104) worth of Tether (USDT) and earning a commission of 147.1 Yuan ($20.24).
Municipals were weaker Thursday as outflows from muni mutual funds returned and U.S. Treasuries saw yields rise out long. Equities sold off. Triple-A benchmarks were cut three to nine basis points, depending on the scale, while UST yields rose up to four basis points out long, pushing the 10- and 30-year to multi-year highs. The
Launched in November 2021, non-fungible token (NFT) marketplace Orica (ORI) held itself as an “ethical platform” benefitting artists, collectors, and charities alike. At the time, the organization was involved in prominent projects such as building a school in Uganda to aiding victims of human trafficking, to helping Ukraine. But less than two years later, the
Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired starting in 2021. According to an Aug. 17 report in the Wall Street Journal, SpaceX recorded $373 million worth of Bitcoin holdings on its balance sheet in 2021 and 2022, but has since sold the crypto asset. The news outlet
Parties to the Puerto Rico Electric Power Authority bankruptcy reached a deal on bondholder claims to PREPA special funds money. The parties were arguing whether bondholders had perfected liens on funds in PREPA’s construction, capital improvement and reserve maintenance funds. The sides reached a deal where PREPA would transfer $3 million to the sinking fund