The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Terran Orbital shares surged on Wednesday after the company announced a $2.4 billion contract to build co...
Tag: Billion
Chinese E-Commerce Tycoon Colin Huang Loses $3.1 Billion In One Day As Imminent Price War Spooks Investors
Pinduoduo founder Colin Huang (Photo by Qilai Shen/Bloomberg) © 2017 Bloomberg Finance LP E-commerce giants JD.com and Pinduoduo are on the cusp of a new price war, with the former pledging more than ...
Tesla shareholders seek to void Elon Musk’s $55 billion pay package
WILMINGTON, Del. — Attorneys for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company’s board of directors to CEO Elon Musk that is po...
Jump Trading Revealed To Be The Firm That Made $1.28 Billion From Terra Ecosystem
Join Our Telegram channel to stay up to date on breaking news coverage Following a case between the U.S. SEC and Terraform labs, crypto firm Jump Trading has been identified as the company that made $...
How do rich people avoid taxes? Wealthy Americans skirt $160 billion a year in tax payment
More than $160 billion in tax revenue is lost every year because the top 1% finds ways to avoid paying “their fair share,” according to academic research cited by the Treasury Department. What tactics...
Porsche Stuns Private Debt Market With Record €2.7 Billion Sale
(Bloomberg) — Porsche Automobil Holding SE has smashed records in the Schuldschein market on its debut, borrowing €2.7 billion ($2.9 billion) in the largest-ever deal for the German debt. Most R...
Bankrupt Crypto Broker Shocks Market, Shifts 2,500 ETH and 250 Billion Shiba Inu (SHIB)
Bankrupt crypto broker Voyager has transferred $7.6 million in crypto assets within the last 24 hours, blockchain security firm PeckShield reports. The recent fund shifts include 2,500 ETH and 250 bil...
Adani Selloff Drags Group’s Market Value to Under $100 Billion
(Bloomberg) — The combined equity market value of Adani Group’s 10 companies slipped below $100 billion on Tuesday, as the embattled conglomerate struggles to reassure investors following a scat...
Already worth $19 billion, Ray Dalio will be paid ‘billions’ more after retiring from Bridgewater: report
Ray Dalio, founder of the world’s biggest hedge fund, is to be paid billions of dollars via an exit package he secured upon retiring from Bridgewater Associates last year, according to a report by the...
33.5 Billion Dogecoin Held by Robinhood Clients After Recent DOGE Surge
Yuri Molchan Robinhood holds massive amount of DOGE for its customers Contents Large whales move 231 million DOGE Robinhood investors not selling DOGE According to data shared by @DogeWhaleAlert accou...
DeFi TVL Recovered its $50 Billion Market: Lido with Highest TVL
This year Decentralized Finance (DeFi) market set off to a solid start. The recent crypto market bullish outburst helped DeFi to regain its total value locked (TVL). For the first time after the FTX c...
Adani Maps Comeback Strategy After $132 Billion Hindenburg Rout
(Bloomberg) — Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis commun...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days – Altcoins Bitcoin News
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the m...
Binance Customers Withdraw $2.5 Billion In A Matter Of Days
Join Our Telegram channel to stay up to date on breaking news coverage The Binance CEO, Changpeng Zhao, has taken to his Twitter and noted that about $2.5 billion has flowed out from Binance’s stablec...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops – Fintech Bitcoin News
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($...
Bankrupt Voyager transfers 250 billion Shiba Inu to Coinbase
Ad New data suggests that the bankrupt lender Voyager Digital is moving large amounts of Shiba Inu (SHIB) tokens to Coinbase. According to Peckshield, a blockchain cybersecurity firm, Voyager Digital ...
Abu Dhabi wants to back Web3 startups with a new $2 billion initiative
Join Our Telegram channel to stay up to date on breaking news coverage Abu Dhabi’s tech ecosystem, known as Hub71, recently proved its dedication to the crypto sector and pursuit of a decentralized fu...
Jump Trading Is The Unnamed Firm That Made $1.28 Billion Before Terra’s Collapse
– Advertisement – Recent reports have identified Jump Trading as the unnamed firm that made $1.28 billion from Terra. The SEC’s complaint against Do Kown and Terraform Labs revealed that ...
Alibaba’s $46 Billion Stock-Market Swoon Tests Investors’ Love
(Bloomberg) — After months of exhilarating gains as hedge funds piled in and analysts upgraded target prices, Alibaba Group Holding Ltd.’s stock is losing its mojo and leading the decline in Chi...
Crypto Investors put their money into pump and dump scheme worth $4.6 billion in 2022
In recent years, cryptocurrency has become a popular way to invest and make money. However, with the rise in the popularity of cryptocurrency, there has also been a rise in fraudulent activity. The ...
Vince McMahon Reportedly Seeks $9 Billion For WWE
Topline World Wrestling Entertainment’s controversial billionaire chairman Vince McMahon has received multiple offers to take the wrestling company private in a deal worth as much as $9 billion, Bloom...
250 Billion Shiba Inu (SHIB) Transferred by Bankrupt Crypto Lender, Here’s Surprising Destination
The Twitter account of the blockchain security firm PeckShield Alert reports that bankrupt crypto broker Voyager has moved $28.7 million worth of cryptocurrencies recently. PeckShield Alert gives a br...
Google’s $168 Billion in Ad Revenue at Risk in Supreme Court Case
(Bloomberg) — The US Supreme Court is poised to hear a case that could spell danger for the internet’s most lucrative business: online advertising. Most Read from Bloomberg The case, Gonzalez v....
The ‘sandwich generation’ is racking up an average of $7,000 on their credit cards as the Americans’ total balances spike to $930 billion — here are 4 ways to dig your way out of debt faster
Credit card balances hit record levels at the end of last year, and experts are predicting they will only continue to increase over 2023. “Whether it’s shopping for a new car or buying eggs in the gro...
With A Surprise Win For The $8 Billion JLTV Follow-On Contract, AM General Reboots Its Business
Joint Light Tactical Vehicles are pictured after arrival at the port of Aarhus, Denmark on January … [+] 16, 2023. – 600 vehicles and containers belonging to the US 2nd Armored Brigade and...
Shiba Inu Whale Accumulates 117 Billion SHIB
Primary ETH Whale has accumulated $1.53 Million worth of Shiba Inu (SHIB) in the past 24 hours. The 248th biggest holder of Ethereum tagged BlueWhale0073, has purchased a staggering 117,589,628,832 (1...
Terra Classic market cap drops below $1 billion as SEC formally charges Do Kwon
Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is experiencing a capital outflow after the United States Securities Exchange Commission (SEC) formally charged founde...
Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on … [+] Wednesday, July 13, 2022. Hong Kong is likely to see more dual-traded companies shift toward...
Abu Dhabi’s Hub71 Launches $2 Billion Initiative to Fund Web3 Startups
Join Our Telegram channel to stay up to date on breaking news coverage Abu Dhabi’s technology ecosystem, Hub71, has launched a new initiative, Hub71+ Digital Assets, to support the region’s Web3 and b...
Bitcoin (BTC), Ethereum (ETH) Might Gain $100 Billion in Inflows If This Happens: YouTuber Ran Neuner
Tomiwabold Olajide Bitcoin, Ethereum and other crypto assets might be beneficiaries of $100 billion in inflows Crypto YouTuber Ran Neuner believes that Bitcoin, Ethereum and other crypto assets might ...
Cisco stock adds more than $10 billion in a day, but is supply or demand driving strong performance?
Cisco Systems Inc. shares added more than $10 billion in market capitalization Thursday, but Wall Street analysts were still debating whether promises of strong sales growth in the coming months were ...