Big banks are in a rush to figure out what happened after a hack hit a company that handles real estate data for loans and mortgages. The company, SitusAMC, is based in New York and works with about 1, 500 clients. They found out on November 12 that someone had broken into their systems. By November 15, they were telling customers that some of their account records a...
Wall Street is diving headfirst into the crypto world. It's not just Bitcoin anymore. Big companies and hedge funds are putting serious cash into Ethereum, Solana, and other digital currencies. These are often called "altcoins. " The numbers are huge. Publicly traded firms have over $100 billion in Ethereum and $10 billion in other digital currencies. They are buying...
Disney is set to release its fiscal fourth-quarter earnings, and investors are keeping a close eye on a few key areas. The company's shares have lagged behind the broader market this year, but there's still hope for growth. Analysts are particularly interested in the performance of Disney's experiences unit and the continued expansion of its streaming services. In t...
South Florida is rolling out the red carpet for Wall Street companies, hoping to entice them with sunshine, low taxes, and a luxurious lifestyle. A recent event in Boca Raton, dubbed "The Wall Street South Experience, " is set to bring together top executives from New York-based firms and South Florida's brightest minds in finance, tech, and real estate. The event, ...
Markets around the world are feeling a bit shaky lately. Tech stocks are taking a hit, and everyone's eyes are on the Supreme Court. They're about to make a big decision about President Trump's tariffs. These tariffs are a huge deal, with serious money on the line. The Trump team says the president can impose them in an emergency, but others argue that's not how it w...
Bitcoin's recent price drop has some folks scratching their heads, but not everyone is worried. Jordi Visser, a seasoned investor with over three decades of experience, has a different take. He thinks what's happening now is similar to what happens after a big initial public offering (IPO). Early investors, who've seen huge gains, are cashing out. This isn't necessar...
Tom Lee, a well-known Wall Street strategist, has become a key figure in the Ethereum community. His background in traditional finance has helped bring a sense of trust and credibility to the cryptocurrency world. Michael Saylor, a prominent Bitcoin advocate, recently praised Lee's influence, stating that his presence has significantly impacted the Ethereum ecosystem...
Meta, the company behind Facebook, has been putting a lot of money into AI. They just upped their spending plan for the year. But not everyone is happy about it. Some experts on Wall Street are worried. They think Meta is spending too much, too fast. They're not sure if this AI stuff will pay off. Two of these experts even said Meta's stock isn't a good buy right n...
Stocks worldwide are on the rise as traders keep an eye on the Federal Reserve's upcoming interest rate decision. Before markets opened, the S&P 500, Dow Jones, and Nasdaq were all up, following record highs the day before. This surge comes as investors hope for a rate cut due to a slowing job market. In Asia, markets closed higher, partly thanks to positive remarks...
The finance world is getting a makeover, and it's not just about the suits and ties anymore. For the past eight years, a spotlight has been shining on the young guns making waves in finance. These aren't your typical old-school bankers. They're the deal closers, the fundraisers, and the disruptors who are challenging the status quo. These rising stars come from big ...