Hedge funds with large investments in firms may face stiffer disclosure timelines, according to the SEC

Hedge funds with large investments in firms may face stiffer disclosure timelines, according to the SEC KEY POINTS The SEC is thinking about converting the policies below which hedge budget expose that they have got received 5% of a public enterprise’s inventory. “I might count on we’d have some thing on that,” stated SEC Chairman Gary Gensler due to the ...

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Midday stock moves include SoFi, Procter & Gamble, U.S. Bancorp, and others

Midday stock moves include SoFi, Procter & Gamble, U.S. Bancorp, and others SoFi – Shares of the cellular economic offerings organisation surged 13.7ter the organisation gained long-sought regulatory approval to come to be a financial institution conserving organisation. SoFi will collect California network lender Golden Pacific Bancorp, a deal introduced remaining year, and perform its financial institution subsidiary as SoFi ...

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Stock futures are rising as Wall Street attempts to recover from its recent sell-off

Stock futures are rising as Wall Street attempts to recover from its recent sell-off U.S. inventory futures had been barely better on Thursday morning after every other uneven buying and selling consultation as buyers remained careful amid growing fees and the Nasdaq dipped into correction territory. Futures tied to the Dow Jones Industrial Average won seventy six points, or 0.22%. ...

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Chamath Palihapitiya, a billionaire investor, claims that “nobody cares” about the Uyghur genocide in China

Chamath Palihapitiya, a billionaire investor, claims that “nobody cares” about the Uyghur genocide in China KEY POINTS Billionaire investor Chamath Palihapitiya stated throughout a current podcast episode that “no one cares” approximately the continued human rights abuses in opposition to the Uyghurs in China. The abuse of Uyghurs and participants of different Muslim minorities withinside the place has been defined ...

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The Dow Jones Industrial Average is down 200 points ahead of more earnings reports

The Dow Jones Industrial Average is down 200 points ahead of more earnings reports U.S. inventory futures fell early Tuesday as investors braced for the brand new batch of company profits reviews. Futures tied to the Dow Jones Industrial Average slipped through 292 points, or 0.81%. S&P 500 futures fell 1.19%, and Nasdaq a hundred futures declined 2%. U.S. markets ...

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For its e-commerce push, Ford signs a five-year payment agreement with Stripe

For its e-commerce push, Ford signs a five-year payment agreement with Stripe KEY POINTS Online price processor Stripe has signed a five-yr cope with Ford aimed toward bolstering the car giant’s e-trade approach. Ford may also use Stripe to path a customer’s bills to the suitable neighborhood Ford or Lincoln dealer. The tie-up marks certainly considered one among the largest ...

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In 2021, cryptocurrency scammers made a record $14 billion

In 2021, cryptocurrency scammers made a record $14 billion KEY POINTS Scammers round the arena took domestic a record $14 billion in cryptocurrency in 2021, thank you in massive component to the upward push of DeFi. Losses from crypto-associated crime rose 79% from 2020. Cryptocurrency robbery accelerated 516% from 2020, to $three.2 billion really well worth of cryptocurrency. Of this ...

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This Tesla owner claims to mine up to $800 in cryptocurrency per month with his vehicle

This Tesla owner claims to mine up to $800 in cryptocurrency per month with his vehicle KEY POINTS Tesla proprietors talk to bitcoinfunda.com approximately how they’ve used the inner pc and battery energy of the automobile to mine cryptocurrencies. San Francisco-primarily based totally Siraj Raval mines ethereum via way of means of hooking up photo processing devices without delay to ...

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Scams involving cryptocurrency are, by far, the most dangerous threat to investors, according to securities regulators

Scams involving cryptocurrency are, by far, the most dangerous threat to investors, according to securities regulators KEY POINTS  Investments associated with cryptocurrencies and virtual property are the pinnacle danger to traders “via way of means of far,” in line with a survey of securities regulators. The annual survey of North American securities regulators entreated traders to workout warning earlier than ...

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Wells Fargo’s fourth-quarter revenue exceeds expectations, while profit increases

Wells Fargo’s fourth-quarter revenue exceeds expectations, while profit increases Wells Fargo on Friday published quarterly sales that passed analysts’ expectancies and a good sized leap in income. Shares of the financial institution climbed 3.7% following the income announcement. Earnings in keeping with percentage: Adjusted $1.25 in keeping with percentage, aside from sure items, topping the consensus estimate of $1.thirteen in ...

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