Tag: ownership changes

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

European stocks headed for fourth-straight monthly win, but softer Asian data, holidays weigh

European stocks were headed for the fourth straight month of gains for May, but the month was winding down on a lackluster note Monday after...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Figs IPO: 5 things to know about the healthcare apparel company before it goes public

Figs Inc., an apparel and lifestyle company for healthcare workers, has filed to take the company public, eight years after the co-founders started the company...

German property giants announce $22 billion merger to ‘tackle’ housing crisis

Germany’s two biggest listed residential property groups, Vonovia and Deutsche Wohnen, have agreed to merge in an €18 billion ($22 billion) deal that will create...

Is AT&T’s Stock Price Too Low? How Much It’s Worth After WarnerMedia Spin.

Text size AT&T said it would “reset” its dividend as part of the transaction, to a payout ratio of about 40% of free cash flow....

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global Inc. said Monday it plans to sell $1.25 billion of convertible debt, the same day its stock closed below its $250 reference price...

PayPal sees record earnings, volume amid sustained e-commerce surge

This report has been updated to correct the data on transactions per active account and total transactions. PayPal Holdings Inc. saw a record amount of...

Caesars loses more than $400 million in a quarter, and that is an improvement

Caesars Entertainment Inc. continued to battle its way back from the COVID-19 pandemic at the start of 2021, pushing quarterly losses under half a billion...

Warren Buffett still believes Berkshire Hathaway stock is cheap enough to buy

There’s no bubble in Berkshire Hathaway Inc. shares, as Warren Buffett and Charlie Munger still believe they are cheap enough to spend more than $6...

The No. 1 emerging property market in America isn’t in Texas or Florida — you may never even have heard of it

Home prices are rising across the country as Americans rush to purchase houses, driven in part by a newfound ability to work remotely as a...

Virgin Galactic, DraftKings to amend financials post SEC guidance for SPACs

Virgin Galactic Holdings Inc. and DraftKings Inc., two of the biggest names to become public through “blank-check” companies in recent years, said Friday they will...

My husband and I bought a $387K building with my parents. We sold it for nearly $1M. We took care of it. Do we still split it 50-50?

I have a situation that seems to have no good answer, and I need an outside opinion.  Ten years ago, my husband and I entered...

Opinion: Intel’s new CEO has another big problem to fix

Intel Corp.’s new chief executive, Pat Gelsinger, has another urgent problem to deal with, in addition to restoring the chip giant’s manufacturing business to its...

Is now a good time to buy — or sell — a home? Here’s what Americans need to know about the hot real-estate market

With any purchase, people want to know if they’re getting a good deal. But when it comes to buying a home in today’s market, it’s...

Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam, as well as other insiders, raked in a whole lot of fiat money when the cryptocurrency...

Get ready for stock buybacks to roar back

U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19 storm. Investment-grade companies ended 2020...

Nvidia steps up competition with Intel and AMD with first data-center CPU, based on Arm

Nvidia Corp. is stepping up its artificial-intelligence competition with Intel Corp. and Advanced Micro Devices Inc. by introducing a new central processing unit to crunch...

The recession is over in all but name. Why a retreat for stocks might be fast approaching, according to Deutsche Bank.

The organization that in the U.S. says whether the economy is in a recession or not seems to be asleep on the job. The National...

SoftBank snaps up $2.8 billion stake in Norway robotics firm

Japanese investment giant SoftBank has agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse automation company AutoStore. SoftBank SFTBY, +4.87% will buy...

Carole Streicher is first women to take reins of KPMG’s U.S. deals team. Here’s how she got there

Unlike most children, who want to be a firefighter or doctor, Carole Streicher, at 5 year’s old, knew she wanted to be a certified public...

Opinion: Oracle’s results may not justify investors’ big cloud optimism

The financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation. Oracle ORCL, -0.72% reported fiscal third-quarter results...

Square to take majority stake in Tidal streaming service

Shares of Square Inc. were off more than 4% in morning trading Thursday after the company announced that it plans to take a majority stake...

Apple stock breaks below post-COVID uptrend line after largest shareholders disclose share sales

Shares of Apple Inc. sank to a one-month low Wednesday, and broke below two key chart levels in the process, after the technology behemoth’s two...

Regulator objects to $9.2 billion sale of eBay arm in the latest move to protect online competition

In the latest move from regulators to protect competition in online marketplaces, the U.K.’s Competition and Markets Authority, or CMA, has objected to the sale...