Big things are happening where old-school finance meets crypto. The New York Stock Exchange's parent company, Intercontinental Exchange (ICE), is talking about putting money into MoonPay. This is a crypto payments company. MoonPay wants to raise cash and thinks it's worth $5 billion. No one knows ho
Ethereum's recent price surge has caught the eye of a well-known crypto analyst. Taiki Maeda, who made a significant profit by betting against Ethereum in the past, is now doubling down with a $1 million short position. He believes the current price is not a true reflection of market demand. Maeda
Indonesia has a huge task ahead. It needs to change how it makes power for its industries. This is called the captive power sector. Right now, most of this power comes from coal. But Indonesia wants to switch to cleaner energy. A recent study says this will cost a lot of money. By 2030, Indonesia ne
Trinity Investments just bought a cool new hotel in Barcelona. It's called The Hoxton, Poblenou. This isn't just any hotel. It's a 240-room lifestyle spot in the city's trendiest area, the 22@ Innovation District. The hotel opened last year after a major makeover. It's got four restaurants, spaces
Saudi Arabia's money is making big waves in Hollywood. Recently, the kingdom's sovereign wealth fund stepped in to help finance a massive takeover bid for Warner Bros. Discovery. This isn't the only big move they've made. They've also shown interest in buying out Electronic Arts, a major gaming comp
Laurene Powell Jobs, the widow of Steve Jobs, is stepping back from her role in sports ownership. She's selling her share in Monumental Sports & Entertainment, the company that owns the Washington Wizards and other sports teams. This news comes from reports by Scott Soshnick and Eben Novy-Williams.
Cathie Wood's Ark Invest made some big moves in the crypto world recently. They bought a lot of shares in Bitmine Immersion, Coinbase, and Bullish. But they also sold some shares in Shopify and a few other companies. This all happened while Bitcoin and Ethereum were losing value. Bitmine Immersion
BP is shaking things up with a new boss. Meg O'Neill, who's been running Woodside Energy in Australia, is stepping into the big chair. This makes her the first woman to lead a major oil company worldwide. The change comes fast. Murray Auchincloss, the current CEO, is leaving after less than two yea
In Hungary, a rush to build battery factories is causing a stir. Chinese companies are investing heavily, with plans to make Hungary a big player in Europe's shift to electric vehicles. But not everyone is happy about it. Locals are worried about the impact on their health and the environment. They
Markets have been on a wild ride lately, leaving many investors confused and frustrated. With just two weeks left in the year, it's a good time to take a step back and look at the bigger picture. The S&P 500 and Nasdaq have been trading in a tight range for over two months, which is not ideal for an
