1Password Founders Sell $75M Stake in $100M Secondary Sale, Valuing Company at $6.8B
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Financial institutions including the Bank of England and IMF have warned of a looming AI investment bubble as tech stock valuations reach historic highs. They caution a sharp market correction could occur if investor optimism about AI’s potential wanes, r...
BTQ Technologies has received approval to list its common shares on the Nasdaq Global Market, with trading set to begin September 26, 2025, under the symbol "BTQ." The uplisting aims to accelerate growth by expanding investor access. Shares will stop trad...
Bending Spoons has acquired California-based MileIQ in a strategic move to expand its digital tools for professionals. JP Morgan acted as exclusive financial advisor, with legal support from Willkie Farr & Gallagher. The deal highlights Europe's growi...
Azoria Partners delays the launch of its Tesla-focused ETF after Elon Musk announces the formation of the America Party. Investor concerns grow over Musk’s political ambitions and their impact on his leadership at Tesla, prompting Azoria to reassess the E...
The Zhongzhi crisis marks the dramatic collapse of one of China’s largest shadow banking firms, exposing deep vulnerabilities in the country’s financial system. Once managing over $100 billion in assets, Zhongzhi’s insolvency revealed risky practices and...
There’s been one big question on the minds of Wall Streeters this tech earnings season: When will anyone start making actual money from artificial intelligence?
The Hong Kong Monetary Authority has issued a consultation paper on adopting the reserve requirements for cryptoassets proposed by the Basel Committee in 2022.
Since early 2019, its value crashed from $47 billion to less than $45 million
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection after its bets on...
Norway’s $1.4 trillion sovereign wealth fund has started winding down its office in Shanghai as Singapore takes over as its hub in Asia.
Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Ev...
U.S. stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a sustained rally amid signs of weakening global demand.
This is a system that is essential to the functioning of the market economy but doesn’t operate by its rules
U.S. policymakers continue to try and figure out whether the government -- and its taxpayers -- should bail out a failed bank that largely served Silicon Valley, with all its wealth and power.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Citadel is now the most successful hedge fund ever after it made $16 billion last year — the biggest annual windfall on record.