Changpeng Zhao, founder of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022.Benoit Tessier | ReutersThe estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a “fraudulent” share deal.In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its U.S.-based…
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This article was written byFollowDividend Sensei (Adam Galas) is an Army veteran and stock analyst with 20+ years of market experience. He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Features include: 13 model portfolios, buy ideas, company research reports, and a thriving chat community for readers looking to learn how to…
Investing.com — Monday (NASDAQ:).com lifted its annual revenue and operating profit guidance but its shares slumped more than 12% in premarket trading Monday. For the Q3 of fiscal 2024, the cloud team management software maker reported earnings per share (EPS) of $0.85, topping consensus estimates of $0.63. The company generated a revenue of $251 million for the period, also beating the $246.17 million estimated by analysts. Looking ahead, Monday.com expects fourth-quarter 2024 revenue between $260 million and $262 million, aligning closely with the market consensus of $261 million. It also projects an adjusted operating profit for the quarter in the…
Image source: Getty Images Penny stocks are usually defined as companies with a market-cap below £100m and a share price below £1. As a result, the firms in this category tend to be small, but with high potential. Even though it’s higher risk, there can be some great opportunities I can find in this segment of the market. Here’s one I’ve just spotted. The firm in question I’m talking about the Triple Point Venture VCT (LSE:TPV). The stock has a market-cap of £68m, with a current share price of 94p. Triple Point’s the investment manager responsible for making the decisions…
By Thomas Escritt BERLIN (Reuters) – Prosecutors have charged Daniela Klette, accused of being one of the last surviving members of the Red Army Faction group that terrorised Germany from the 1970s, with robbery, attempted murder and possession of a firearm. Klette, who was arrested in Berlin in February after decades on the run, is accused with two accomplices of stealing more than 2.7 million euros in cash through raids on money transport vehicles and supermarkets between 1999 and 2016. On one occasion, during a 2015 raid in Stuhr, she is accused of training a gun on the person she…
Cryptocurrency investors continued pouring massive inflows into digital investment products last week amid post-election market momentum.Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record high of $116 billion, CoinShares reported on Nov. 11.This marks the fifth consecutive week of inflows, totaling $7.7 billion — 24% of the $31.3 billion recorded in 2024 so far.Bitcoin ETF trading in the US leads the inflowsIn line with previous CoinShares reports, spot Bitcoin (BTC) exchange-traded funds (ETF) trading in the United States led the inflows in crypto products last week.Bitcoin saw inflows of $1.8…
(Reuters) – U.S. stock index futures rose on Monday, adding to post-election gains, while investors looked ahead to the next batch of economic data that could decide whether the equity rally can sustain itself. Stocks that rose following the U.S. election results continued to gain. EV maker Tesla … Source link
US institutional investors report strong third quarter returns. Source link
Image source: Getty Images Excerpt: With a spectacular record of dividend growth and shares trading at an unusually low multiple, income investors should take note of this FTSE 100 stock. Shares in businesses that have increased their dividend per share for 25 consecutive years can be great sources of passive income. Especially when they’re cheap. Croda International (LSE:CRDA) is a FTSE 100 company that makes specialty chemicals. It has a strong dividend record and from a valuation perspective, it just became historically cheap. Dividends Stocks don’t get to be dividend aristocrats by accident. It doesn’t guarantee anything going forward, but…
Investing.com — US stock rose Monday, at the start of the new week that includes key inflation data as well as an abundance of Federal Reserve speakers. Here are some of the biggest premarket US stock movers today: Tesla (NASDAQ:) stock rose 7% after the EV manufacturer’s valuation closed above the $1 trillion mark on Friday, on expectations that CEO Elon Musk’s companies will get favorable treatment under President-elect Donald Trump for his extensive support during the poll campaign. Coinbase Global (NASDAQ:) stock soared 16%, with the cryptocurrency exchange benefiting from the sharp gains of bitcoin, the world’s most popular…