State Street, an investment management company, claims that despite price decreases, institutional clients continue to invest in crypto assets. According to a State Street official, “there is a belie...
Tag: Street
Wall Street Is Heading to Saudi Arabia as US Oil Spat Simmers
(Bloomberg) — Most Read from Bloomberg An escalating dispute over an OPEC+ decision to cut oil production risks causing lasting damage to political relations between the US and Saudi Arabia. Wal...
Wall Street Warns of Trouble Brewing in Auto Loans as Prices Dip
(Bloomberg) — The largest US banks are warning of trouble ahead in auto loans as dropping prices for used cars risk leaving borrowers underwater. Most Read from Bloomberg Wells Fargo & Co. s...
Binance.US taps ‘most feared man on Wall Street’ for new investigations unit
United States crypto exchange Binance.US has created a new “investigations unit” and tapped a former FBI special agent as its new head, with the aim of seeking out and stopping illegal activity on its...
Binance US Hires ‘The Most Feared Man on Wall Street’ as its Head of Investigations
Binance US – the American subsidiary of the world’s largest crypto exchange – appointed the former FBI agent BJ Kang as its first Head of Investigations. In this role, he will aim to ensure maximum c...
Wall Street turns bullish on XPeng forecasting XPEV to rise 460% in the next 12 months
XPeng (NASDAQ: XPEV) seems to have cracked the problem of flying cars, which has, in turn, sparked the interest of investors on Wall Street and across the globe. Namely, the firm’s X2 completed its f...
Wall Street is driving explosive swings in stocks by embracing a trading strategy popularized by the Reddit crowd
Reddit-loving day traders are reportedly returning to their day jobs, according to the Wall Street Journal, but back in the world of high finance professional traders have adopted one of their signatu...
Annoyed by ‘curt and almost dismissive’ Elon Musk, one Wall Street analyst sees cracks emerging in Tesla
While some on Wall Street appeared to take disappointing Tesla Inc. results in stride, one analyst was ringing alarm bells over Elon Musk’s “bold” predictions and his “almost dismissive” attitude towa...
Netflix Stock Hits 6-Month High — Even As Wall Street Remains Skeptical
Topline Netflix shares rose 13.1% to $272.38, its highest level since April, on Wednesday as investors hitched their wagons to the streaming giant following strong third quarter earnings, though many ...
Street Machine Pumped Tenfold in 11 Days. Here’s What We Know About the Latest NFT Phenomenon
Key Takeaways Street Machine is a story-driven NFT project that allows holders to participate in the development of an online graphic novel. The collection’s NFTs, which have yet to be revealed, have ...
Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends
Conceptual image of stock exchange numbers and flames getty While vanilla investors worry along with the herd, we contrarians are buying. And oh, the yields we have available! As I write to you today,...
Wall Street bullish on Mercedes-Benz amid strong China sales
With chip shortages hitting the car manufacturing sector, most companies revised their full-year delivery expectations, barring only a few big brand names. One such is Mercedes-Benz (ETR: MBG), whose ...
UBS Joins Wall Street Chorus Warning of More US Credit Defaults
(Bloomberg) — The odds are rising that corporate borrowers will struggle to repay their debts as the Federal Reserve opts for jumbo interest-rate hikes to combat inflation, according to UBS Grou...
Bitcoin Sharply Rejected at $20K Following Friday’s Wall Street Collapse (Weekend Watch)
Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came fo...
Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M in Polychain-Led Round
Pine Street Labs wants to shake up the wallet experience for companies, funds, traders – really any business that needs to store tokens, says CEO Justin Gregorius. A veteran of crypto back offices, he...
‘Horrible CPI’ Has Some Bracing for Jumbo Hike: Wall Street Reacts
(Bloomberg) — Wall Street hopes that the Federal Reserve might be able to ease up on its battle against inflation later this year were decisively dashed Thursday when consumer price index data f...
Russians are Swapping Crypto for Cash in “Street Exchange Offices”
Russians are exchanging cryptocurrencies for fiat currency directly on the streets. The editors of BeInCrypto conducted talks with representatives of street exchange offices to find out how they work ...
Wall Street and Top Financial Institutions Waiting To Go All-In on Crypto, Says Bitcoin Bull Anthony Pompliano
Well-known Bitcoin (BTC) bull Anthony Pompliano says multiple sources claim Wall Street investors and the biggest financial institutions are planning to invest heavily in cryptocurrency. Pompliano tel...
Wall Street Is Missing the Risk to Stocks If Inflation Is Beaten
(Bloomberg) — The conventional wisdom with stock bulls is that prices will take off when the Federal Reserve wins its fight against inflation. But the end of surging consumer costs could unleash...
Crypto Stocks Take Steep Hit Compared to Wall Street in End of Week Drawdown
Stocks started off the week in a rally, with wide benchmarks like the S&P 500, NASDAQ Composite, and Dow Jones posting gains. But the rally fell off with a sharp pullback Friday on new worries of ...
Once A Street Coffee Vendor With Three Carts, Nitro Beverage Is Now Making Waves In Retail With New Capital Injection
Cofounders of Nitro Beverage Co. from left to right: Kareem Elhamasy, Paolo D’Amico, Mike D’Amico, … [+] and Ali Mohamed. Nitro Beverage Co. Nitro Beverage Co. is having a restless y...
Apollo, Sixth Street No Longer in Discussions to Finance Twitter Deal
Apollo and Sixth Street decided to opt out of financing Twitter deal when Musk backtracked on the acquisition back in July. Apollo Global Management Inc and Sixth Street Partners are reportedly backin...
Apollo Global, Sixth Street Never Part of Musk’s Twitter Deal
2 hours ago | 2 mins read Bitcoin News Many see the takeover as potentially influencing the results of future elections. The Twitter stock soared almost 20%, reaching a new high of $52.06. Concerns we...
US: Wall Street stocks still in the red
Today, after a volatile but hopeful start for investors, there is an air of tension on Wall Street, with the Nasdaq, the S&P 500, and the Dow Jones all registering losses. Wall Street stocks regi...
Apollo Global, Sixth Street Weren’t Part Of Financing Twitter Deal, Elon Musk Agrees
After Tesla CEO Elon Musk agreed to proceed with the $44 billion buyout of Twitter at $54.20 per share, some noises surrounding third-party equity investors pulling out of the deal raised concerns amo...
Jim Cramer and other Wall Street experts say the panic over Credit Suisse is highly overblown — why now might be an opportune time to jump in
‘Great franchise’: Jim Cramer and other Wall Street experts say the panic over Credit Suisse is highly overblown — why now might be an opportune time to jump in Credit Suisse (CS) has been making head...
State Street Says Crypto Trading Could Damage Its Reputation
Alex Dovbnya Second oldest American bank does not want to risk its reputation by venturing into cryptocurrency trading at this level Global banking giant State Street does not have any cryptocurrency ...
Twitter Buyout Revives $12.5 Billion Headache for Wall Street Banks
(Bloomberg) — Elon Musk’s shock proposal to proceed with his acquisition of Twitter Inc. for the original offer price poses a headache at the worst possible time for Wall Street banks already st...
Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall
Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Now, in t...