Shares of Halliburton Co. HAL, -0.29% jumped 1.8% in premarket trading Tuesday, after the oil services company beat fourth-quarter profit expectations and matched on revenue, while raising its dividen...
Tag: Capital
GE stock falls after earnings, FCF beat expectations but outlook was downbeat
Shares of General Electric Co. GE, +2.69% fell 2.2% in premarket trading Friday, after the industrial conglomerate reported fourth-quarter profit, revenue and free cash flow (FCF) that beat expectatio...
How Venture Capital Firms are Leveraging Relationships to Attract Deals and Investors – Cryptopolitan
In today’s fast-paced and highly competitive startup ecosystem, venture capital firms (VCs) are always on the lookout for new ways to gain an edge. One strategy that has proven to be effective for man...
South African Crypto Ads Must Now State Investments ‘May Result in Loss of Capital’
Companies, celebrities, and influencers who hawk crypto will soon have to warn potential buyers that the investments they peddle may lead to financial ruin—at least in one jurisdiction. On Monday, So...
EU to Impose Capital Requirements on Banks Holding Crypto
Prospective EU legislation could force banks to set aside a punitive amount of capital to back their holdings of cryptoassets. The Committee on Economic and Monetary Affairs of the European Parliamen...
Indian government taps 5ire and Network Capital for blockchain initiative
Indian Government’s think tank has partnered with crypto-focused 5ire and Network Capital to launch a blockchain module. Network Capital is a career and mentorship exploration platform. The blockchain...
Jeff Ubben’s Inclusive Capital takes stake in Salesforce as more activists target the software giant
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben’s Inclusive Capital has taken a posi...
Jump Crypto president unpacks the industry’s broken capital markets
Episode 1 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Jump Crypto President Kanav Kariya. Listen below, and subscribe to The Scoop on Apple, Spotify,...
Exploring the Digital Asset Funding Landscape Report Presented by HashKey Capital
The report aims at connecting Web2 and Web3. In recent years, digital assets like cryptocurrencies have grown in recognition and popularity quickly. The financing environment for digital assets has ch...
Crypto Lender Genesis Global Capital Is FTX’s Largest Unsecured Creditor
The names and information of most of the other top 50 creditors remain redacted, but the 12th-largest unsecured creditor is listed as Hong Kong-based crypto trading firm Pulsar Global Ltd., with a cla...
Capital One Job Cuts Signal Trouble for IT Labor Market
IT positions have largely been seen as insulated from the job cuts that have hit workers at major technology firms like Alphabet Inc. and Microsoft Corp., but the Capital One layoffs affecting 1,100 e...
NRG stock bounces off more than 2-year low after dividend raised, to boost yield above 4.7%
Shares of NRG Energy Inc. NRG, +3.80% bounced 2.1% in morning trading Friday, after the electricity generator and natural gas services company boosted its quarterly dividend by 7.9%, to 37.75 cents a ...
Genesis Capital Faces Bankruptcy Hearing on January 23: What’s at stake?
Digital currency trading firm Genesis Global filed for bankruptcy on Jan 20, 2023, citing ‘adverse market conditions’. They are likely to complete their bankruptcy by this year May 19. This filing onl...
GE set to report final pre-breakup earnings
General Electric Co. is scheduled to report next week its final quarterly results before the start of its breakup, with the industrial conglomerate expected to report its highest profit since before t...
How Decentraland leaders giving money to Genesis completed a flow of capital
Seemingly incestuous business relationships across the cryptosphere appear to have become so commonplace, the market may be numb to it. In the case of Decentraland, its relationship with key inv...
SkyBridge Capital Founder Anthony Scaramucci Suggests Investing In Crypto—Now
Anthony Scaramucci, the founder of asset management firm Skybridge Capital, said on Tuesday that the price of bitcoin may be nearing its all-time low, so now may be the time to invest. While talking t...
Tokens.com Provides Further Update on Assets Held at Genesis Global Capital
TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 as...
Nexo Capital Fined by U.S. SEC for Unregistered Lending Offering
Nexo Capital Inc. was fined by the U.S. Securities and Exchange Commission (SEC) unregistered offer and sale of its lending product. The securities regulator said in a statement that Nexo agreed to pa...
Nexo Capital to Pay $45 Million in Penalties
Due to Nexo Capital’s failure to register the offer and sale of its Earn Interest Product, the United States Securities and Exchange Commission (SEC) and the North American Securities Administra...
Tokens.com Provides Update on Assets Held at Genesis Global Capital
TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 as...
Schlumberger beat earnings expectations, gave ‘very compelling’ outlook and raised dividend, stock rises
Shares of Schlumberger Ltd. SLB, +0.17% edged up 0.2% in premarket trading Friday, even after the oil services company reported fourth-quarter profit and revenue that beat expectations and increased i...
Albertsons to finally pay out special dividend, which has been delayed by courts
Shares of Albertsons Companies Inc. ACI, -0.24% jumped 2.0% in premarket trading Thursday, to buck the selloff in the broader market, after the grocery chain, which has agreed to be acquired by Kroger...
Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022 – Finance Bitcoin News
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that p...
SOL, the Fastest Growing Developer Ecosystem: Electric Capital Report
Electric Capital’s Developer Report stated SOL as the fastest-growing developer ecosystem. SOL increased its developers by 31% while ETH increased by 6%. The bulls’ grips loosen as the bears exert exc...
Capital One Cutting 1,100 Employees As 2023 Layoffs Continue
Topline Banking giant Capital One has laid off roughly 1,100 employees, Bloomberg reported on Thursday, just days after software giant Microsoft announced plans to cut 10,000 employees and Amazon bega...
HashKey Capital Joins Most Active VC Firms’ Top League: Report
Vladislav Sopov HashKey Capital, global cryptocurrency-focused VC firm, booked its spot on top VCs list, new report says Contents With 321 investments, HashKey Capital named among most active VC backe...
Tim Draper dives further into web3, but will other capital follow?
I’ve wondered aloud how damaging the dent to crypto’s reputation will have been in recent months. The collapse of FTX (deep dive into that sordid affair here) felt like a straw that broke the camel’s ...
Crypto Investor HashKey Capital Raises $500 Million for Web3 Fund
Crypto-focused asset manager HashKey Capital has raised another $500 million for investments in the Web3 ecosystem. “Web3” describes an emerging set of blockchain-based technologies that are ushering...
Genesis Global Capital Is Reportedly Preparing For A Bankruptcy Filing
– Advertisement – Genesis Global Capital is reportedly preparing to file for bankruptcy. The DCG subsidiary has been in negotiations with several creditor groups. Genesis has been struggl...
Crypto Lender Genesis Global Capital Set to File for Bankruptcy
According to Bloomberg reports, Genesis Global Capital, a cryptocurrency lender, may take the drastic step of filing for bankruptcy. The move comes as no surprise, as the company has been in dire stra...
Bed Bath & Beyond seeks capital infusion, buyer ahead of likely bankruptcy
A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond has been in disc...
Three Arrows Capital Co-Founders Seeking Funds For Claims-Focused Crypto Exchange
– Advertisement – Three Arrows Capital and CoinFlex Co-Founders Pitch $25M To Investors For New Claims-Focused Crypto Exchange. The founders of cash-beleaguered crypto hedge fund Three Arr...