In a move that shows the power of investor skepticism, a group of major banks, including Banco Santander SA, has decided to shrink the size of a loan meant to finance the acquisition of Verint Systems Inc. by Thoma Bravo. This isn't just a small tweak—we're talking a big cut, from around $2. 7 billi
The stock market saw a boost recently, with the Dow Jones Industrial Average climbing higher. This uptick came after a surprise in the housing market. More homes were sold than experts had predicted. This unexpected increase in home sales gave investors a reason to feel more confident. The housing
In the past few years, some tech stocks have gone on an incredible ride, making huge gains. Ten large companies in the Russell 1000 index have seen their stock prices increase by over 1, 000% since October 2022. This shows just how much investors are betting on new technologies and the booming AI ma
In the fast-moving world of cryptocurrency, some stocks are catching more attention than others. Let's dive into seven companies that are making headlines and see what makes them tick. First up, Robinhood Markets. This platform is known for making investing accessible to everyone. Users can trade s
The COVID-19 pandemic changed how people spent their time and money. Many turned to trading stocks and cryptocurrencies, while others gambled more. But what's the connection between these activities? Some people started trading so much that it became a problem. This behavior might look a lot like pr
The job market has been on a downward slope lately. Gary Cohn, who used to be a big shot in Trump's economic team and now works at IBM, spoke about this on a Sunday news show. He said the job market has been getting worse, but it might just be a temporary thing. The Federal Reserve, which is like t
Hong Kong is making waves in the crypto world again. This time, the Hong Kong Monetary Authority (HKMA) is looking to make it easier for banks to hold cryptocurrencies. They've put out a draft plan for public feedback, aiming to relax the rules on how much capital banks need to keep when they hold c
Dave & Buster's Entertainment is a place where people go to eat, drink, and play games. It's like a big arcade combined with a restaurant. Recently, some financial experts have been talking about the company's stock. One group, Truist Financial, lowered their prediction for the stock's value from $2
The crypto world is buzzing with news that two new exchange-traded funds (ETFs) are set to hit the market. The Dogecoin ETF, dubbed DOJE, and the XRP ETF, named XRPR, are both expected to start trading on September 18. This news was confirmed by Eric Balchunas, a senior ETF analyst at Bloomberg, who
Kevin O'Leary, the famous investor from "Shark Tank, " has some strong opinions about crypto and the FTX bankruptcy. He thinks FTX will have the most successful bankruptcy in American history. Why? Because people who had money in FTX might get back more than they put in, especially those who investe
