Applied Materials, the biggest U.S. chip-equipment maker, is a key player in the AI and broader semiconductor space.
Quantum Computing Dives After $40M Stock Offering - What's Going On?
Quantum Computing Inc. (NASDAQ:QUBT) shares are declining premarket on Friday. Yesterday, the company disclosed a securities purchase agreement to sell 16 million shares of common stock at $2.50 per share in a registered direct offering. The company expects to generate gross proceeds of $40 million. The offering, priced at-the-market under Nasdaq rules, is expected to close on or around November 18, 2024, pending customary closing conditions. The company plans to use the net proceeds from the of
Samsung Plans Massive $7.2B Stock Buyback: Details
Samsung Electronics (OTC:SSNLF) announces plans to repurchase shares worth 10 trillion won (~$7.17B) as part of its strategy to boost shareholder value. The Board of Directors approved the buyback program, which will be executed in phases over the next 12 months. Samsung Electronics will repurchase 3 trillion won in shares from November 18, 2024, to February 17, 2025, as the first phase of its new buyback plan. The buyback includes 50.14 million common shares and 6.91 million preferred shares, a
A Near-$1 Trillion ETF Rush This Year Breaks Wall Street Records
(Bloomberg) -- This year was already a landmark one for exchange-traded funds, but as of Friday the ETF universe can add another superlative: biggest annual inflows on record. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion
Consensys CEO Predicts Dismissal or Settlement of SEC Crypto Cases Under Trump
Joe Lubin, CEO of Consensys, has expressed optimism that ongoing legal disputes between cryptocurrency firms and the U.S. Securities and Exchange Commission (SEC) may be resolved.
First Mover Americas: Bitcoin Shaky as Traders Bank Profits
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Fink Pushes BlackRock Into High-Stakes Bet on Private Markets
(Bloomberg) -- Larry Fink turned to big deals to get BlackRock Inc. out in front of a decade of money gushing into index funds. Now he’s doing the same to make sure his firm isn’t left behind in the stampede into private assets.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agenc
18 AGs sue SEC over crypto actions
A group of attorneys general led by Kentucky’s Russell Coleman allege the agency and its commissioners “sought to unilaterally wrest regulatory authority away from the States” through crypto enforcement.
Bitcoin, Gold, S&P 500: Market Participants Hold Breath After US Elections
The Trump trade has been bullish for Bitcoin and the S&P 500 index. On the other hand, gold has collapsed due to fears that the Fed will take longer to lower borrowing costs.
Why Is TheStreet Parent Arena Group Stock Rocketing Premarket Friday?
The Arena Group Holdings, Inc. (AMEX:AREN) shares jumped premarket on Friday after the company delivered the first quarter of positive net income. Arena, which is home to hundreds of media brands, including TheStreet, Parade Media, Men’s Journal, Surfer, Powder and Athlon Sports, reported a net income of $4.0 million, or EPS of $0.11, in the third quarter of 2024, compared to a net loss of $11.2 million, or EPS loss of $0.47 per share a year ago quarter. Adjusted EBITDA stood at $11.2 million co