Shares of SoFi Technologies Inc. sank more than 6% in after-hours trading Thursday, after the fintech company announced plans for a $1.5 billion stock offering.
“Masstige” is winning even as consumers cut costs elsewhere.
Sony just made another move in crypto. And this one is about money that actually works on-chain. Sony’s Web3 partner Startale Group launched a new dollar stablecoin on Wednesday. It’s called Startale USD (USDSC), and it’s now live on Soneium, the Ethereum layer-2 network backed by Sony. The goal is simple. Bring in liquidity. Make […]
If positive seasonality kicks in, investors can expect all-time highs before year-end.
Microsoft has offloaded OpenAI’s risks while keeping the benefits, making it the best Big Tech AI play, according to one analyst
The US Securities and Exchange Commission has suddenly put brakes on high-leverage crypto ETFs by issuing warning letters to major ETF issuers. Proposed funds from issuers like Direxion, ProShares, Tidal Financial, Volatility Shares, and GraniteShares apparently exceeded volatility limits – by using derivatives to chase extreme leverage on crypto and single stocks such as Tesla […]
TEHRAN, Iran (AP) — Iran’s rial currency fell Wednesday to a new low of 1.2 million to a U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy. Traders offered the new exchange rate on Wednesday. The new record low is increasing pressure on food prices and other costs have been making daily life that much […]
TEHRAN, Iran (AP) — Iran’s rial currency falls to new low of 1.2 million to a US dollar as nuclear sanctions squeeze its ailing economy. The Associated Press
BANGKOK (AP) — Thailand on Wednesday lifted a 53-year-old ban on the afternoon retail sale of alcoholic drinks, a move expected to help boost year-end holiday tourism, as well as business at venues such as bars and convenience stores. The ban from 2 p.m. to 5 p.m. will be lifted on a trial basis for […]
A late fall nor’easter brought heavy rain to Halifax Regional Municipality Tuesday night and into Wednesday morning. A special weather statement remained in effect Wednesday morning as the urban areas of the municipality were expected to see an additional 30 to 40 millimetres of rain before it tapers off Wednesday afternoon. Regions farther inland could […]