July was a tough month for hedge funds, even though the stock market did okay. Some big names in the industry managed to stay afloat, though. Citadel, a major player in the hedge fund world, saw a gain of 1. 3% in its main fund, Wellington. This is good news for them, especially since they had some
The digital currency market is buzzing with excitement as more companies dive into the world of cryptocurrencies. These firms, called digital-asset treasury companies, are planning to invest a massive $79 billion in Bitcoin this year alone. But it's not just Bitcoin that's grabbing their attention.
In a landmark case, Roman Storm, the co-founder of Tornado Cash, faced a mixed verdict. The jury found him guilty of running an unlicensed money-transmitting business but couldn't agree on more serious charges like money laundering and violating sanctions. This split decision is significant. It show
Arri, a big name in cinema cameras, is thinking about selling part of its business. This comes just after they launched a new high-end camera, the Alexa 35 Xtreme, priced at $55, 000. The Stahl family, who own Arri, is talking to advisors about selling some or all of their stake. They've also been w
Trump's posts on Truth Social can shake up the stock market. Some stocks go up, others go down. It all depends on what he says. Tesla, Boeing, and Pfizer are just a few examples. Tesla got a big boost when Trump talked about it. In March, Trump showed off Tesla at the White House. This made Tesla's
Money has always played a big role in American politics, but things might be about to get even messier. The Supreme Court is looking at a case that could change how much political parties can spend on campaigns together with candidates. This case is important because it could make the already compli
A big legal fight is heating up in Texas. A judge recently said a lawsuit against some of the world's biggest investment companies can move forward. The states involved think these companies are breaking the rules by pushing for climate change action. They say this is making energy more expensive.
A major investment group is thinking about a big move. They might raise over a billion dollars to keep a stake in a company that deals with water infrastructure. This is not a small deal. It's a big bet on the future of water management. The company in question is Azuria Water Solutions. They are n
The healthcare sector is in the spotlight as analysts take a cautious stance on two major players: Bausch Health Companies and Sanofi. Both companies have been given neutral ratings, meaning experts are neither optimistic nor pessimistic about their future performance. Bausch Health Companies, curr
PayPal is making a big move into the world of cryptocurrency. Soon, businesses everywhere will be able to accept over 100 different types of crypto, including Bitcoin and Ethereum. This is a huge deal because it means more people can use digital money for everyday shopping. But there's a catch. If
