Japanese firm Metaplanet has been following the footsteps of MicroStrategy for its Bitcoin acquisition strategy. This has resulted in a massive gain in its BTC yield which has led to its valuation nearly double since the beginning of the year. After adding Bitcoin to their treasury back in September 2020, the MSTR stock price has rallied by a staggering 2200%. Thus, the Japanese company could see a similar stock rally,
(Bloomberg) — Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load in bankruptcy court after discussions for a tie-up with rival Frontier Group Holdings Inc. fell apart. Most Read from Bloomberg In a filing late Tuesday, Spirit said it is in advanced talks with a super majority of its secured noteholders to hammer out a restructuring. That would be carried out
Who: Australia vs PakistanWhat: Three-match T20 international seriesWhen: November 14, 16 and 18Where: Brisbane, Sydney and HobartHow to follow: Al Jazeera’s live text and photo coverage for each game begins at 05:00 GMT. Pakistan arrived in Australia for their limited-overs tour on the back of a tumultuous period off-the-field, which saw the departure of Gary Kirsten as the team’s white-ball coach and the change of the team’s leadership. The highly-rated
Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share move was an overreaction, and that more data on a larger group of patients is needed. Amgen did not immediately respond to
David Einhorn speaking in New York City on April 3, 2024. Adam Jeffery | CNBC Hedge fund investor David Einhorn’s cautious stance all year made his performance suffer as he navigated what he believes is the priciest stock market of his career at Greenlight Capital. Einhorn’s hedge fund returned just 9% in 2024 through the end of the third quarter, net of fees and expenses. That compares with the S&P 500′s
Vasco Pedro, co-founder and CEO of Unbabel, on the first day of the 2023 Web Summit at the Altice Arena in Lisbon. Miguel Reis | SOPA | Lightrocket | Getty Images LISBON — Unbabel on Wednesday announced a translation service powered by artificial intelligence, adding another rival to a highly competitive space — with its CEO warning that humans may not be needed for translation at all in three years.
View New Jersey’s current mortgage rates for a wide variety of products and lenders. Source link
Investing.com– Most Asian currencies moved little on Wednesday, while the dollar steadied near recent peaks as focus turned squarely to upcoming U.S. inflation data for more cues on interest rates. The dollar shot up over the past week, while most Asian units weakened after Donald Trump won the 2024 presidential election. Uncertainty over what a second Trump presidency will entail for Asia remained in play. Traders were also seen holding
Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Sydney, the declined 0.75%. The best performers of the session on the were James Hardie Industries PLC (ASX:), which rose 6.21% or 3.12 points to trade at 53.36 at the close. Meanwhile, Megaport Ltd (ASX:) added 3.46% or 0.28 points to end at 8.38 and
Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey. Source link
