Sam Bankman-Fried (SBF), the CEO of the cryptocurrency exchange FTX said the exchange could soon be on an acquisition spree, a Bloomberg report notes, May 27, 2022. FTX Ready to Spend Money on Acquisi...
Tag: Acquisitions
FTX Spending Billions For Crypto Acquisitions
Largest crypto exchange FTX’s CEO Sam Bankman-Fried on Saturday said the company plans to expand through acquisitions to increase product offerings. FTX proposes to use proceeds worth billions from re...
Boeing Hasn’t Delivered…on Jets or Other Requisites for Recovery
Text size At this point, Boeing’s task is simple—it needs to stop the bleeding. Joe Raedle/Getty Images Boeing’s badly beaten-up stock might be nearly as weak as it will get. When Barron’s recommended...
FTX US looking for strategic acquisitions after ‘notable growth’ in users
? Want to work with us? CryptoSlate is hiring for a handful of positions! FTX US President Brett Harrison said the exchange is looking for strategic acquisition opportunities after seeing “notable gro...
Snowflake May Have Upside After a Big Drop in the Bear Market
Text size Snowflake, the cloud-based data warehouse company, has been pummeled in the bear market. Gabby Jones/Bloomberg Snowflake publishes results on Wednesday, giving investors a fresh look after a...
Dan Quayle Bought Up Carvana’s Slumping Stock
Text size Former Vice President Dan Quayle. Drew Angerer/Getty Images Carvana stock has slumped this year, and former Vice President Dan Quayle, who serves the used-car retailer as a director, bought ...
$6 a Gallon Gasoline? Here’s How It Could Happen.
Illustration by Elias Stein Text size U.S. gasoline prices are at record highs, averaging more than $4.50 per gallon at the pump, and surpassing $4 in all 50 states for the first time. But, says Natas...
‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?
I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so i...
Which of Buffett’s bank stocks might make you the most money?
This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in B...
Berkshire Hathaway Didn’t Have to Disclose Earlier its 10% Stake in Paramount. Here’s Why.
Text size Berkshire Hathaway now owns 10.6% of Paramount Global. Dreamstime Berkshire Hathaway ’s purchase of more than 10% of Paramount Global , disclosed late Monday, normally would have triggered a...
Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup
OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the bigge...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Broadcom Stock Has Gained on VMware Takeover. Its Dividend Could Rise 20%.
Text size Truist analyst William Stein calculates that Broadcom could raise its dividend by over 20% this year. Remus Rigo/Dreamstime.com The stock market has had a mixed reaction to Broadcom ’s inten...