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“HP’s stock hits record after Warren Buffett discloses stake” HP’s stock soared to a record high on Thursday after Warren Buffett’s Berkshire Hathaway revealed it had taken an 11.4% stake valued at about $4.2 billion in the maker of personal computers and printers. Berkshire said on Wednesday night it owned nearly 121 million HP shares, including…
“Elon Musk broke the law when buying Twitter shares: experts” Tesla CEO Elon Musk appears to have violated federal law by not notifying the SEC that he was buying up shares of Twitter, according to a report. SEC regulations required Musk to notify the market when his stake in the social media company had surpassed…
” Elon Musk’s Twitter investment puts a 150% rally into play for Dogecoin “ Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin’s recent…
” FTX US to invest in IEX stock exchange to launch digital securities “ Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. FTX US has signed an agreement to make a strategic investment in the…
“Harlem office building becomes first in NYC to go public” A small office building in Harlem just became the first lone edifice in New York City to take itself public. The otherwise unassuming, 18,759-square-foot retail and office property at 286 Lenox Ave. – whose three tenants include a Wells Fargo branch near the corner of…
“Starbucks CEO Howard Schultz halts stock buybacks” Starbucks founder and new interim CEO Howard Schultz announced Monday that the coffee chain was suspending its share repurchase program to “invest more profit into our people and our stores.” The pivot in strategy comes just three weeks after Starbucks announced that Schultz, who bought the company in…
” Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger “ On Friday, Bitcoin (BTC) mining company PrimeBlock announced that it is merging with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. The deal places PrimeBlock at an enterprise value of $1.323 billion and is expected to close in…
“GameStop shares surge on first stock-split plan in 15 years” Shares of GameStop surged Friday after the video game retailer announced that it would attempt its first stock split in 15 years. The company said in a regulatory filing late Thursday that it wants to increase its share count to 1 billion, from 300 million,…
” Galaxy Digital delays BitGo acquisition to later on in 2022 “ Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned. Galaxy Digital has made some changes to the terms of its acquisition of BitGo,…
” ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs “ The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT). WisdomTree announced Tuesday the launch of three new physically-backed crypto ETPs, including WisdomTree Solana…