finance / Thursday 10th of April 2025 23:30:07

Chinese Firms Set Aside $2.7 Billion to Stem Stock Market Bleeding

Chinese firms set aside US$27 billion for stock buybacks as Trump's tariffs roil markets, prompting investors to seek shelter in equities. The move aims to stabilize share prices amid trade tensions, with state-owned companies leading the charge.

technology / Thursday 10th of April 2025 23:26:38

MSP Recovery Secures Comprehensive Restructuring Plan, Eliminating Over $1.2 Billion in Corporate Guaranteed Debt and Positioning Company for Future Growth.

MSP Recovery, a provider of medical billing and revenue cycle management services, announces a strategic term sheet providing prospective liquidity and restructuring of its debt.

technology / Thursday 10th of April 2025 23:26:33

Nail Artist Karina Proshina Unlocks Creative Potential at Copacabana's Gel-X Studio

Karina Proshina, a renowned nail artist, has brought her Gel X brand to Rios Nail Art Studio in Copacabana, Rio de Janeiro. The partnership aims to offer customers high-quality gel nail services and products.

technology / Thursday 10th of April 2025 23:26:00

MSP Recovery Secures Transformational Restructuring and Investment to Eliminate Over $1.2 Billion in Corporate Guaranteed Debt and Fuel Future Expansion

MSP Recovery announces a strategic term sheet, providing prospective liquidity and restructuring existing agreements to remove corporate guaranteed debt exceeding $1.2 billion.

finance / Thursday 10th of April 2025 23:24:25

ServiceNow Slumps Amidst AI Woes

Servicenow, a leading provider of AI-powered enterprise software, saw its stock price plummet by nearly 5% on Thursday. The decline was attributed to the company's disappointing Q1 earnings report, which missed analyst expectations. Servicenow's revenue growth slowed down, and the company's guidance for the full year also fell short of estimates.

crypto / Thursday 10th of April 2025 23:06:25

Bank faces $40m penalty for anti-money laundering failures

Block, a digital banking platform, has agreed to pay a $40 million penalty for failing to implement effective anti-money laundering (AML) controls, leading to repeated violations of US sanctions and AML regulations. The settlement with the US Treasury Department's Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) requires Block to improve its AML program and reporting.

crypto / Thursday 10th of April 2025 23:00:29

Crypto Exchange Regulated for Negligence in Transparency

Block Inc, formerly Square, faces a $40 million fine for allegedly failing to properly oversee Bitcoin transactions, leading to inadequate risk assessments and poor compliance with anti-money laundering regulations.

crypto / Thursday 10th of April 2025 23:00:09

Ethereum's Next Move: A Breakout Above This Level Could Send Price Soaring to $2,150

Top analyst, PlanB, predicts a Bitcoin breakout is imminent, citing a 208,550 level as the next stage of growth. This comes after a prolonged consolidation phase, with PlanB attributing the upcoming move to increased institutional investment and a shift in market sentiment.

technology / Thursday 10th of April 2025 22:41:33

Cramer Calls Trump's China Tariff an Embargo in Disguise

CNBC's Jim Cramer says Trump's new tariff on China is more of an embargo, targeting specific Chinese companies rather than a blanket tariff on all Chinese goods.

technology / Thursday 10th of April 2025 22:36:00

The Mysterious Rise of Dutch Bros' Popularity

Dutch Bros, a popular coffee and drive-thru chain, saw its stock rally this week due to strong Q1 results and growing demand for its products. The company reported a 22% increase in same-store sales and a 15% rise in revenue, driven by its expanding store count and increased customer loyalty.

finance / Thursday 10th of April 2025 22:29:56

CBOE's Momentum Fades Amid Valuation Concerns

CBOE Global Markets loses its edge as an analyst downgrades the stock citing valuation concerns and a slowdown in trading volume. The analyst sees limited upside potential and recommends selling the stock, citing a 20% decline in daily trading volume in recent months.

technology / Thursday 10th of April 2025 22:24:00

Teamsters Union Members Overwhelmingly Approve New Collective Bargaining Agreement

Costco Fleet Drivers Overwhelmingly Ratify New Contract. Costco Fleet drivers have voted overwhelmingly in favor of a new contract, bringing stability and security to the company's fleet operations.

crypto / Thursday 10th of April 2025 22:15:21

Pawston Exchange and 21Shares Unleash Global Dogecoin ETPs

House of Doge and 21Shares partner to launch Dogecoin ETPs globally. The collaboration aims to bring Dogecoin to the mainstream by providing institutional investors and retail traders with a regulated and transparent way to invest in the popular cryptocurrency.

finance / Thursday 10th of April 2025 22:09:02

BorgWarner's Hybrid-Powered Growth Strategy Drives Value Creation

BorgWarner upgraded to buy by analyst, citing hidden value in hybrid and heavy-duty future. The company's electric drive expertise and strong relationships with major automakers position it for growth as electrification accelerates.

crypto / Thursday 10th of April 2025 22:08:35

Rookie Investor Loses $4 Million on Decentraland Virtual Reality Land Sale

Cryptopunks, a series of Ethereum-based NFTs, has sold for $6 million. The 24 unique digital collectibles, created by Matt Hall and John Watkinson, feature pixelated characters with unique attributes. Each NFT is stored on the Ethereum blockchain, ensuring its scarcity and ownership. The sale marks a significant milestone in the growth of the NFT market.

crypto / Thursday 10th of April 2025 22:01:29

Kraken Launches Decentralized Finance (DeFi) Platform KryptoZone

Binance has added support for Babylon Baby, a new Bitcoin (BTC) staking protocol. The protocol allows users to stake their BTC and earn rewards without having to hold the underlying asset. This move aims to increase adoption and accessibility to staking for a wider audience.

finance / Thursday 10th of April 2025 22:01:03

Interactive Brokers Group Valuation Analysis

Interactive Brokers Group's (IBKR) PE ratio has been steadily increasing since 2017, driven by strong revenue growth and a relatively stable share count. At 23.3x, the current PE ratio is slightly above the industry average, reflecting IBKR's strong financial performance and growth prospects.

technology / Thursday 10th of April 2025 22:00:00

AI-Powered Legal Solutions Take Center Stage at ALM Legalweek 2025 in New York

Practice AI showcased its innovative AI-powered legal solutions at the ALM LegalWeek 2025 in New York. The company demonstrated its AI-driven tools for contract analysis, due diligence, and document review, highlighting its ability to enhance lawyers' productivity and accuracy.

crypto / Thursday 10th of April 2025 21:51:42

The Illusion of Decentralization

Bitcoin's primary function is not facilitating transactions, but rather serving as a store of value and a unit of account. Its decentralized nature and limited supply make it an attractive alternative to fiat currencies and a potential hedge against inflation. The notion that Bitcoin is a payments platform is a misconception that has led to its underutilization as a store of value.

technology / Thursday 10th of April 2025 21:47:28

argenx Secures FDA Clearance for VYVGART Prefilled Syringe for Self-Administration in Generalized Myasthenia Gravis and Chronic Inflammatory Demyelinating Polyneuropathy Patients

Argenx announces FDA approval of Vyvgart (Hytrulo) prefilled syringe for self-injection in generalized myasthenia gravis. The approval marks a significant milestone for the company's flagship product, offering patients a more convenient and discreet treatment option.