Wall Street expects Trump presidency will unlock deal-making

Attendees cheer as a broadcast of former US President and Republican presidential candidate Donald Trum speaking at his Florida election party is shown on a screen at the Nevada GOP election watch party in Las Vegas, Nevada on November 6, 2024.  Ronda Churchill | Afp | Getty Images Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes

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Canadians pessimistic about infrastructure future, costs

Breadcrumb Trail Links News It would cost $103 billion to replace infrastructure that’s already in ‘very poor’ condition Published Nov 06, 2024  •  Last updated 1 day ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Just 31 per cent believe the current state of infrastructure in their communities — including roads, hospitals, wastewater systems and community centres,

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Block (SQ) earnings Q3 2024

Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses as investors focused more on profitability metrics. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 88 cents adjusted vs. 87 cents expected Revenue: $5.98 billion vs. $6.24 billion expected Block finance chief Amrita Ahuja told CNBC that analysts focus

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Dollar set for small weekly gains after Fed rate cut By Investing.com

Investing.com – The U.S. dollar steadied Friday, set to end a volatile week with small gains as traders digested the implications of a new Trump presidency as well as benign Federal Reserve. At 04:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded flat at 104.372. The index is on track for a gain of just 0.2% this week, even after

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Bybit Expands Shunyet Jan’s Role to Drive Institutional Growth By Chainwire

Dubai, United Arab Emirates, November 8th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing its innovative derivatives offerings. Expanding Responsibilities for a Dynamic Industry Shunyet Jan joined Bybit with a wealth of experience in

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Investor Dan Tapiero Says Ethereum Is Too Cheap, Predicts ETH Will Explode by Over 171% – Here’s His Timeline

Macro investor and fund manager Dan Tapiero believes Ethereum (ETH) is severely undervalued in the current market. The CEO of investment firm 10T Holdings tells his 120,000 followers on the social media platform X that ETH could soar by 171% from its current value as decentralized finance (DeFi) crypto projects built on its blockchain could flourish under pro-crypto US President Donald Trump. Trump, who is expected to take office in

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Will Hester Peirce Give Up SEC Chair Post to Lead Crypto Task Force?

The latest report in the town is that SEC commissioner Hester Peirce, also popular as “Crypto Mom” will forego the chance to become the US SEC Chair in the Trump administration. Instead, she would be working on a crypto task force that would help the regulator navigate through the demand of the crypto industry. Hester Peirce to Lead the Crypto Task Force SEC Commissioner Hester Peirce will be completing her

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