Videogame maker Take-Two Interactive Software is known for two things: Grand Theft Auto, and did I already say Grand Theft Auto? The stock was down 43% in 2022, making it the group’s worst performer. ...
Tag: Companies
AMD Stock Should Benefit From Next-Generation Computer Chips
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Companies and investors may need to return billions in funds paid by FTX
The collapse of FTX Group may not yet be finished with its contagious spread, as clawback provisions could force businesses and investors to return billions of dollars paid in the months leading up to...
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
Bitcoin’s mining industry is in survival mode. What’s in the cards for 2023?
Bitcoin miners are clinging to life. It’s a far cry from a year ago, when they were racing to keep up with incessant demand. So what’s in store for miners in 2023? Bankruptcies have...
Binance.US deal with Voyager may fall under federal committee review
An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed. The...
Compass Mining wins $1.5 million in court ruling against hosting provider
A judge ruled in favor of bitcoin miner Compass Mining after the company sued hosting provider Dynamics Corp in June. The company was ordered to pay a total of $1.47 million by a Delaware Court ...
Happy New Year As Electric Vehicle & Auto Companies Celebrate Policy Support, Week In Review
China Last Night KraneShares Week in Review Asian equities had a bumpy week as reopening, and the spread of COVID in China continued to capture headlines, and US equities came back from the Christmas ...
Top episodes recapping the 2022 crypto landscape
Throughout this landmark year, The Scoop podcast provided a window into the individuals, ideas and stories shaping the burgeoning crypto industry. From CEO interviews with Coinbase’s Brian...
FTX-owned Liquid announces plan to return customer funds
Liquid, a Japanese fintech firm owned by FTX, has released a plan on how the firm will return assets to customers. The return process will be specific to users who have FTX Japan and Liquid Jap...
Galaxy Digital pops day after Argo mining acquisition announcement
Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain’s Helios mining facility. The company will pay $65 million for the facility and will also provide a...
FTX Investments in Two Companies Via Users Funds Draws SEC Attention
According to the Securities and Exchange Commission (SEC), several billions of dollars of users’ and investors’ funds disappeared from FTX. Approximately $200 million were used to fund two companies f...
Bitfarm’s COO Geoffrey Morphy promoted to CEO
Bitcoin mining firm Bitfarm promoted Geoffrey Morphy to the position of CEO after Emiliano Grodzki resigned from the post. Morphy, who previously served as chief operating officer, will also rem...
10 Biggest Healthcare Companies
The healthcare sector includes companies that produce medical goods, such as drugs and medical devices, and companies that provide medical services, such as health insurance or hospital administration...
Binance warns about 3Commas API leak, says users should disable keys
Binance CEO Changpeng Zhao said he’s “reasonably sure” there were “wide spread API key leaks” from trading-bot platform 3Commas after fresh speculation about an October i...
Naughty And Nice (R&D) Toy Companies
FAIRFAX, CA – FEBRUARY 06: In this photo illustration, The Monopoly iron game piece is displayed on … [+] February 6, 2013 in Fairfax, California. Toy maker Hasbro, Inc. announced today th...
Gemini, Winklevoss twins facing potential class action from investors
The Winklevoss twins and their Gemini Trust Co. are facing a potential class action lawsuit for failing to register its interest-bearing accounts as securities. Investors accused the company and...
Russian Wildberries Shows Tech Companies Increasingly Domestic, Less Foreign
Russia’s woman-founded and woman-owned e-commerce company, Wildberries, is seeing the benefit of … [+] foreign firms leaving the market because of sanctions. (Photo Illustration by Rafael ...
Argo Blockchain to sell Helios mining facility to Galaxy Digital
Bitcoin miner Argo Blockchain agreed to sell its Helios mining facility to Galaxy Digital for $65 million. The company has been trying to avoid bankruptcy as it struggles with cash flow issues ...
5 Companies With Huge Free Cash Flow
Many investors try to identify companies that they believe will be around for the long haul before making significant investments. They hope that, if the stock of any of these companies takes a nosedi...
Coinbase all-time low kicks off slow holiday week
Coinbase fell 8% to an all-time low of $32.65 in a slow day of trading alongside the S&P 500 and Nasdaq. Other crypto-related stocks fell, including Galaxy Digital and MicroStrategy. &...
Sam Bankman-Fried criminal case assigned to new judge: Reuters
The criminal case against former FTX CEO Sam Bankman-Fried was reassigned to U.S. Judge Lewis Kaplan after U.S. District Judge Ronnie Abrams recused herself on Friday, Reuters reported, citing a court...