Markets

Bitbuy, a subsidiary of Canadian-based technology company WonderFi, announced its acquisition of Bitvo Inc. on the morning of Wednesday, November 15th, making WonderFi the owner of nearly 50% of all regulated crypto-trading platforms in the North American country.  WonderFi continues to dominate the market “We are excited to welcome Bitvo’s…

Look, we’ve all loved watching our dividend payers rocket to the moon these past few weeks. Best part is, most of the market has been onboard! Here we can see the jump in the S&P 500 as a whole (in purple) versus its return on an equal-weight basis (in orange).…

It’s filing season for a string of major hedge funds, and big tech names like Apple, Microsoft, and Nvidia were among the most-traded equities in the third quarter. With the seven big tech firms—Apple (ticker: AAPL), Amazon.com (AMZN), Google parent Alphabet (GOOGL), Facebook parent Meta Platforms (META), Microsoft (MSFT), Nvidia…

© Reuters Investing.com — Shares in Tapestry (NYSE:) rose in early U.S. trading on Thursday after the luxury retailer reported better-than-anticipated earnings in its fiscal first quarter despite lowering its revenue growth forecast. The owner of luxury brands Kate Spade and Coach posted income per share of $0.93 on a non-GAAP…

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar gained on Wednesday after U.S. retail sales fell less than expected in October, bouncing off its biggest drop in a year the previous day when cooler U.S. inflation data added to expectations that the Federal Reserve is done raising…

Source: Uniswap Popular Ethereum-based decentralized exchange (DEX) platform Uniswap has finally released its Android mobile wallet app to the public. Making the announcement on X (formerly Twitter), the automated market maker (AMM) protocol stated that the app is now available for all Android-powered devices on the Google Play Store. Say…

Mr. and Ms. Market are manic. Always have been, always will be. My fellow contrarian, they reminded us of this fact yet again. Fortunately we were zigging while the broader crowd was zagging. The herd’s “FOMO panic” last week pushed many of our stocks higher. Vanilla investors covered their ill-timed…

© Reuters. Cynthia M. Johnson joined the board of directors at PROS Holdings (NYSE:), Inc., a provider of AI-powered SaaS solutions, as an independent director today. Johnson brings a wealth of industry experience and a track record of driving revenue growth and digital transformation from her current role as Senior…

By Ahmad Ghaddar, Natalie Grover and Robert Harvey LONDON (Reuters) -OPEC expects the global economy to grow and drive fuel demand, despite macro challenges, including high inflation and interest rates, the producer group’s secretary general said on Tuesday. The United States is doing well, while Europe is struggling, Haitham Al…

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