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Global bitcoin etf assets hit $4.16bn mark: report

Global assets in exchange-traded funds (ETFs) tracking the spot price of Bitcoin have reached a staggering $4.16 billion, according to the latest data...

November 4, 2023, 3:29 pm

Spyv: big changes ahead for this $16b large cap value etf

Each December, S&P Style Indices reconstitute based on six factors covering sales growth, earnings growth, price momentum, and three traditional valua...

November 3, 2023, 3:34 pm

Australia’s trade surplus narrows sharply to aud 6.79b in sep

Australia’s economic outlook has taken a concerning turn as the trade surplus for September contracted significantly, recording its lowest monthly s...

November 2, 2023, 2:51 am

Disney taking full control of hulu by acquiring comcast's stake for $8.6b

Under the terms of the arrangement, Disney expects it will pay Comcast's NBC Universal about $8.61 billion by Dec. 1....

November 1, 2023, 5:12 pm

Disney to buy out comcast stake in hulu for $8.6b

Disney is going all in for Hulu. One day after the Mouse House and Comcast co-owned streamer went on the market, Disney is buying the remaining 33% st...

November 1, 2023, 4:39 pm

Gemini seeking $1.6bn grayscale bitcoin trust pound of flesh from genesis

This trust currently holds a value of approximately $1.6bn. In the filed lawsuit, Gemini petitions the ...

October 30, 2023, 9:14 am

Google paid $26b to be default search engine, exec testifies in antitrust trial

The amount of payments Google made for the default status has more than tripled since 2014, according to senior executive Prabhakar Raghavan, Bloomber...

October 27, 2023, 4:51 pm

Stellantis plans to invest $1.6b in ev startup leapmotor to expand presence in china

Chrysler parent company Stellantis (STLA) said it plans to spend 1.5 billion euros ($1.6 billion) to acquire a roughly 20% stake in Chinese electric v...

October 26, 2023, 5:20 pm

Meta earnings report reveals most profitable quarter in years

Company reports third-quarter revenue of $34.15bn, beating expected $33.56bn, and shares jumped in afte...

October 25, 2023, 5:12 pm

Western alliance q3: high earnings yield, growing nim, strong deposit growth

Western Alliance reported strong Q3 earnings, but shares dropped 8% following the earnings report. The bank fully restored its deposit base, increasin...

October 25, 2023, 4:39 am

Pboc sets usd/ cny reference rate for today at 7.1792 (vs. estimate at 7.3109)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

October 23, 2023, 1:15 am

Us 2023 fiscal deficit $1.695 trillion vs $1.375 trillion in 2022

What happens to the deficit when the economy turns? I know some of this is long-term infrastructure spending but if the bond market is signalling prob...

October 20, 2023, 8:04 pm

Tesla shares take a knock after missing q3 targets

The company’s Q3 revenue came in at $23.4bn, lower than the predicted $24.06bn mark. Despite this, it...

October 20, 2023, 7:54 am

Eurozone goods exports down -3.9% yoy, imports down -24.6% yoy

Eurozone goods exports dropped -3.9% yoy to EUR 221.6b in August. Goods imports fell -24.6% yoy to EUR ...

October 16, 2023, 10:59 am

Pboc sets usd/ cny reference rate for today at 7.1798 (vs. estimate at 7.3121)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

October 16, 2023, 1:15 am

Exxon's blockbuster $60 billion deal for pioneer explained

Bloomberg TV's Alix Steel and Fernando Valle of Bloomberg Intelligence detail Exxon Mobil's biggest deal since 1999 and explain the mega-merger's impa...

October 11, 2023, 11:37 pm

The us treasury sells $46 billion of 3-year notes at a high yield of 4.74%

High Yield: 4.740%Previous: 4.660%Six-Auction Average: 4.217%WI at the time of the auction: 4.723%Tail: 1.7 basis pointsPrevious: 1.0 bpsSix-Auction A...

October 10, 2023, 5:03 pm

Us treasury to auction off $46 billion over 3 year notes at the top of the hour

The U.S. Treasury will auction off $46 billion of the 3 are not at the top of the hour. The key components of the previous and the 6 month averages of...

October 10, 2023, 4:56 pm

A $6bn boost for australia’s northern territory

Ben Carter, chief executive officer of Master Builders Northern Territory, lauded the announcement, saying: This is a multibillion-dollar partnership ...

October 9, 2023, 11:38 am

Eur/jpy gains momentum above the mid-156.00s ahead of german factory orders

EUR/JPY gains momentum near 156.85 ahead of the German data. Germany’s trade surplus came in at €16.6b...

October 6, 2023, 6:14 am


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