Bitcoin dropped below $26,000 for the first time in 16 months on Thursday amid the TerraUSD meltdown this week. Bitcoin, the world’s largest cryptocurrency, has dropped around 2% to as low as $25,401, its lowest since January 2021. Bitcoin has …
NASDAQ ended substantially high on Monday after Twitter agreed to be bought out by entrepreneur Elon Musk, spurring a late-day spike in growth stocks. After Musk finally bought Twitter, the social media giant’s stock rose 5.6 percent, due to being …
Private equity firm Apollo Global Management is reportedly considering participating in a bid for Twitter as a lender to potential buyers, including Tesla CEO Elon Musk. Apollo has held discussions about financing bidders to buy Twitter, according to people familiar …
Elon Musk has offered to buy Twitter for about 41 billion USD and said that the platform needs to go private to thrive and serve free speech, days after rejecting a seat on Twitter’s board. Musk offered to buy 100% …
Elon Musk was sued over delaying the disclosure of his newly purchased stake in Twitter, a move they alleged has kept the company’s share price down and saved Musk around $143 million. Former Twitter shareholders led by Marc Bain Rasella …
Twitter (NYSE:TWTR +26.15%) stock is surging in early morning after hours trading after the company disclosed in US SEC (Securities and Exchange Commission) filings that Elon Musk has taken passive stake of ~9.2% in the social media company. Twitter shares …
The Hong Kong stock exchange suspended trading for 33 firms over a delay in declaring their annual earnings. Major Chinese developers Shimao Group, Sunac China, and Kaisa Group are among the firms suspended from trading on Friday. Firms listed in …
The Russian stock market has partially reopened and allowed the trading of 33 securities. The Bank of Russia announced that it would reopen the stock market on March 24, 2020, at various times with certain considerations. OFZ trading would be …
Fitch has downgraded Russia’s sovereign bonds by six notches to “C” from “B”, saying that a debt default is “imminent”. The rating agency had already slashed Russia’s rating to a “junk” status of “B” on March 2, but said that …
The former CEO of the the National Stock Exchange (NSE) of India was arrested on Sunday for alleged lapses within the country’s top bourse, including leaking confidential information to an outsider. The Central Bureau of Investigation (CBI) arrested Chitra Ramkrishna, …
