October saw a massive influx of money into US exchange-traded funds (ETFs), with a record-breaking $166 billion in net new assets. This surge was led by Vanguard, which had its best month ever, pulling in over $50 billion. The largest share of these inflows went into US stock ETFs, with large-blend
Ripple, a major player in the crypto world, just got a huge boost. They raised $500 million from some big names like Fortress Investment Group and Citadel Securities. But why does this matter? Well, Ripple plans to use this cash to grow in areas like custody, stablecoins, and prime brokerage. These
Ripple, a company that deals with digital money, just got a huge boost. They raised $500 million from big investors like Fortress and Citadel. This puts their value at $40 billion. Other big names like Pantera Capital and Galaxy Digital also joined in. This shows that more and more big players are s
Hedge funds had a strong month in October. Citadel's main fund, Wellington, saw a 1. 8% increase. This brought its yearly performance up to 6. 8%. Citadel's other funds also did well. The Tactical Trading fund gained 2. 7% in October and 13. 4% for the year so far. The Global Fixed Income fund rose
The market took a tumble this week, but some investors see this as a chance to grab tech stocks at a discount. Concerns about a potential economic slowdown and high stock prices sent ripples through the market, pulling down major tech players and dragging the Nasdaq Composite to its worst week since
Martha Nolan, a young Irish immigrant, dreamed of making it big in the Hamptons fashion scene. She and her business partner, Dylan Grace, started East x East, a beachwear brand. They had one big investor, Christopher Durnan, who put in a lot of money. But the business wasn't growing fast enough, and
DeFi, or decentralized finance, is a hot topic in the crypto world. It's a system where people can manage their money online without banks or other middlemen. This is possible because of something called blockchains. Blockchains are like digital record books that everyone can see but no one can chan
Houston is getting a new professional women's volleyball team. The Houston Texans' sister company, Lone Star Sports & Entertainment, has bought the team. This team is part of League One Volleyball, also known as LOVB. The league has teams in other cities like Atlanta, Austin, Madison, Salt Lake City
Atour stock is making waves as it nears a crucial point before earnings. This isn't just any ordinary stock; it's one that's been on the radar of many investors. The company has been performing well, and people are watching to see if this trend will continue. Investors are keeping a close eye on At
Bitcoin might hit $170, 000 in the next year. That's what some experts think. They say the recent drop in price was just a small bump. Now, things are looking up again. The experts looked at how Bitcoin compares to gold. They found that Bitcoin is not as risky as it used to be. This makes it more a
