Bloomberg

The approval of Bitcoin (CRYPTO: BTC) futures contracts by the United States Securities and Exchange Commission has also created new leverage opportunities through more advanced financial products. What Happened: Now that the ProShares Bitcoin Strategy ETF (NYSE: BITO) is...

PayPal Holdings Inc (NASDAQ: PYPL) is weighing the purchase of the social media company Pinterest Inc (NYSE: PINS), Bloomberg reported, citing people with knowledge of the matter. Both the companies have discussed a possible price of around $70 per share, and the deal could value the digital...

A popular rally cry for stocks and cryptocurrencies is set to be the ticker symbol for a Bitcoin (CRYPTO: BTC) ETF launching soon. Could this unique ticker help set this ETF apart from others and gain interest from retail traders? What Happened: Bitcoin ETFs are set to make their debut with the...

The world’s richest man keeps getting richer. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk passed another significant milestone with a wealth greater than two executives who once topped the list. What Happened: Musk is worth $236 billion, according to the Bloomberg Billionaires Index....

The price of Bitcoin (CRYPTO: BTC) hit $60,000 Friday for the first time in six months. The rising valuation could continue with news that a Bitcoin Futures ETF is on the way. What Happened: Bloomberg added a ticker to a Bitcoin ETF to its data feed, signaling the strong likelihood that the...

Guardant Health Inc (NASDAQ: GH) has decided not to pursue a potential acquisition of NeoGenomics Inc (NASDAQ: NEO), Bloomberg reported citing people familiar with the matter. Related: Guardant Health Weighing NeoGenomics Acquisition: Bloomberg. Guardant had hoped to...

Bloomberg reported that Guardant Health Inc (NASDAQ: GH) is reportedly exploring an acquisition of NeoGenomics Inc (NASDAQ: NEO), citing people familiar with the matter.  Related: Precision Oncology Sales Boost Guardant Health Q2 Topline, Backs FY21 Outlook,...

Customers flocked into Best Buy Co Inc (NYSE: BBY) stores following its advertisement of "limited quantities" of Sony Group Corp's (NYSE: SONY) PlayStation 5 and Microsoft Corp's (NASDAQ: MSFT) Xbox Series X, Bloomberg reports. The low...

AT&T Inc's (NYSE: T) is planning to terminate an old wireless network that has triggered concerns over the failure of medical alerts, burglar alarm systems, and felony ankle bracelets, Bloomberg reports. Security-device makers have requested more time as AT&T plans to pull...

One of the biggest Tesla Inc (NASDAQ: TSLA) bulls and early investors in the company is doubling down with a new prediction for the stock. What Happened: Ron Baron, who heads Baron Capital Management, predicted in 2016 that Tesla would become one of the most valuable companies in the world....

China is reviewing new games to determine compliance with content and kid protection criteria, Bloomberg reports. The regulators are reassessing titles submitted by Tencent Holdings Ltd (OTC: TCEHY) to NetEase Inc's (NASDAQ: NTES) developers to ensure compliance with...

The Bitcoin (CRYPTO: BTC) blockchain has reportedly consumed more power over the last nine months than it did in the entirety of 2020. What Happened: A recent study from Bloomberg found the Bitcoin network’s energy use this year has surpassed the 67TWh of electricity used in 2020....

Citrix Systems Inc (NASDAQ: CTXS) is exploring options for sale following a sharp drop in its share price, Bloomberg reports. The shares plunged 16% year to date, reaching a market value of $13.6 billion, marking their sharpest decline since their disappointing Q2 2008 results.  ...

Goldman Sachs sees limited damage to economic growth and investment prospects from China's recent regulatory tightening, Bloomberg reports. The investment banking firm said the crackdown aimed to make the economy more equitable and productive in the long term instead of broadly...

Apple Inc (NASDAQ: AAPL) has taken small steps but not done enough to address the antitrust concerns amid rising global scrutiny, Senator Amy Klobuchar (D-Minn) told Bloomberg on Wednesday. What Happened: Unconvinced with Apple’s steps, the U.S. lawmakers are moving forward with...