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Tag: trading
‘Boring’ Bitcoin Sends Weekend Trading Volume to All-Time Lows
(Bloomberg) — The proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year, according to cryptocurrency research firm Kaiko. Most Read from Bloomberg The drop comes in the wake of the launch of spot Bitcoin exchange-traded-funds, which appears to have shifted the periods when Bitcoin is traded to be […]
K-pop agents charged with insider trading over BTS
Prosecutors say through their actions the employees avoided losses ranging from $24,000 to more than$108,000. [Reuters] Three employees of subsidiaries of HYBE, the agency behind K-pop superstars BTS, have been charged with insider trading by South Korean prosecutors. They are being accused of selling shares in the agency before BTS members announced they were taking […]
European Union leaders agree on trading bloc’s top officials
European Union leaders agreed on Thursday on the officials who will be the face of the world’s biggest trading bloc on the global stage in coming years on everything from anti-trust investigations to foreign policy, according to the EU presidency of the Council. Ursula von der Leyen was approved for a second term as the […]
Three Stocks That May Be Trading Below Their Estimated Value In June 2024
As global markets exhibit varied performance with the S&P 500 reaching new heights and sectors like manufacturing showing robust growth, investors may find opportunities in stocks that seem undervalued relative to their potential. In this context, understanding the fundamentals of a company and its market position becomes crucial in identifying stocks that may be trading […]
Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
LOS ANGELES (AP) — The former CEO and chairman of Ontrak, a publicly traded health care company based in Nevada, was found guilty Friday of a multimillion-dollar insider trading scheme. A federal jury in Los Angeles convicted Terren Scott Peizer, a resident of Puerto Rico and Santa Monica, California, of one count of securities fraud […]
Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
LOS ANGELES (AP) — The former CEO and chairman of Ontrak, a publicly traded health care company based in Nevada, was found guilty Friday of a multimillion-dollar insider trading scheme. A federal jury in Los Angeles convicted Terren Scott Peizer, a resident of Puerto Rico and Santa Monica, California, of one count of securities fraud […]
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Why Nvidia’s ‘gravy train’ could come to ‘screeching halt’ after a volatile trading week
Nvidia’s (NVDA) stock went on a wild ride this week as shares reversed direction from all-time highs and Wall Street continued to debate how much more the chip giant can add to its record-setting rally. “The stock’s steep climb makes it vulnerable to profit taking, but we argue any volatility [is] likely to be short-lived,” […]
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Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow’s financial lifelines
The Wednesday party took place in Moscow.Getty Images Russia’s Moscow Exchange halted dollar and euro trading on Thursday. That’s after the US announced a broad sanctions package, which included the central exchange. Although Russians can still buy dollars over-the-counter, this will make exchange rates pricier. Russia’s central exchange has barred dollar and euro trading, spelling […]