Crypto investors embraced this trading strategy with bitcoin ETFs. But not for ether ETFs.
The launch of bitcoin ETFs in January helped make basis trade, one of the most popular trades in crypto, even more popular. However, the trade...
HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave
The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan
Uber says it’s partnering with China’s BYD to bring on 100,000 EVs
Uber Technologies on Wednesday said it’s looking to bring on 100,000 new electric vehicles made by China’s BYD — though only outside the United States.
Nvidia’s stock set to climb as Microsoft says the magic words
Microsoft discussed plans to grow capital spending in the new fiscal year and indicated that its AI spending delivers returns. That’s welcome news for chip...
GE Healthcare’s stock drops after revenue miss, lowered growth outlook
GE Healthcare’s stock dropped in early Wednesday trading, after the medical technologies and diagnostics company reported second-quarter revenue that missed expectations and free cash flow...
AutoNation’s earnings fall short after dealership disruption caused by CDK Global cyberattack
Outage shaved $1.55 off per-share earnings, or $5 more than AutoNation had guided for.
T-Mobile’s stock rises after Q2 results top revenue and profit expectations
T-Mobile raised its 2024 customer and cash flow guidance.
Medicare patients could get emergency treatment at home under new bill
A new proposal in Congress would allow older Medicare recipients to receive emergency medical services at home rather than having to be transported to a...
LeBron James and his USA basketball teammates have made $4.7 billion. Here’s how much most U.S. Olympians make.
About 27% of current U.S. Olympic athletes earn less than $15,000 a year