DraftKings Inc. DKNG, +3.83% CEO Jason Robins vows that people who are selling his company’s stock will “regret that decision.” Robins wrote this message on Twitter TWTR, +5.03% on Tuesday as DraftKin...
Tag: Securities
American Billionaire Ken Griffin To Offer Cryptocurrency Services Through Citadel Securities
The adoption of cryptocurrency is expanding. With the performance of several prominent digital assets such as Bitcoin, Ethereum, Dogecoin, Tether, Ripple, and others, the perception of cryptocurrency ...
EU confirms crypto will be included in Russia sanctions as ‘transferrable securities’
advertisement The European Commission confirmed on Wednesday it would extend the remit of its sanctions against Russia and Belarus in light of the ongoing conflict in Ukraine, adding details on the cl...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
FINRA Fines Deutsche Bank Securities for Best Execution Violations
On Tuesday, the Financial Industry Regulatory Authority (FINRA) said that it had imposed Deutsche Bank Securities a $2 million fine for best execution Execution Execution is the process during which...
A death cross for the S&P 500 is nearing as inflation fears, Russia’s Ukraine offensive rattles stock-market investors
The S&P 500 index is closing in on a death cross, an ominous chart pattern that underscores the downtrend suffered in an asset. A death cross appears when the 50-day moving average crosses below t...
The Dow Jones Industrial Average heads for its first correction in 2 years. Here’s the level to watch.
An ugly stretch for U.S. equities was intensifying as the crisis in Ukraine worsened and investors weighed the prospect of further sanctions to cripple the Russian economy as the Kremlin wages war in ...
US Regulatory, SEC, investigating NFT Industry: Over Securities Violations
The Securities and Exchange Commission (SEC) in the United States is apparently investigating a young sector of the digital asset business for potentially illegal crypto-asset offerings. The goal of t...
‘I think we’re going to see some spectacular returns,’ says ARK’s Cathie Wood
“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports
U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...
Morgan Stanley Hires 2 Advisors From J.P. Morgan
Morgan Stanley hired two advisors from J.P. Morgan Securities, the brokerage arm of JPMorgan Chase. Advisors Mark Horowitz and Joel Bodner previously managed approximately $750 million in client asset...
US Regulatory Agency Probes NFT Industry Over Possible Securities Violations: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly launching an investigation into a nascent sector of the digital assets industry over crypto asset offerings that potentially violate the...
‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts U.S. crude to 2008 high
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the U.S. needs to immediately increase production of oil and gas in a twe...
The Commodities Boom Is Here. How to Invest With Funds.
Global supply-chain constraints have led to worldwide shortages, abnormal weather is hurting crop yields in major agricultural regions, and inflation has made real assets like commodities an attractiv...
Carl Icahn Slashes Stake in Occidental Petroleum
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
The end (of the stock market correction) may be near
The end of the stock market’s correction may be near. That’s because I just received an email from a prominent money manager declaring that “buy and hold is dead.” Like the first robin of spring heral...
SEC investigating NFT market over potential securities violations
NFT creators and marketplaces have been targeted by the SEC for conducting illegal activity SEC ordered that BlockFi pay a record fine of $100 million NFT exchanges LooksRare and OpenSea share $10.7 b...
As Russia presses its war with Ukraine, here are 10 aerospace and defense stocks expected to rise up to 39%
No matter when the shooting stops and Russia’s war in Ukraine comes to an end, it seems clear from actions taken by European countries that we’re entering a period of increased defense spending. Below...
U.S. stock futures sink as Russia attacks Ukraine’s largest nuclear plant
U.S. stock-index futures tumbled late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disast...
Scared of investing during the Ukraine invasion? Try this IRA maneuver
Moe, Larry and Curly have been watching stock markets plunge in the past two weeks in response to the Ukraine invasion. Each wants to invest, say, $100,000 in European stocks—for example through Vangu...