Shares in the digital asset treasury fell after it announced the sale of some of its Ethereum holdings. Ethzilla shares (ETHZ) fell 15% on Tuesday following the company’s decision to sell $74.5 million worth of Ethereum to pay down debt. Shares fell from just over $6 to an intraday low of $5.12. During after-hours trading, […]
Despite bearish markets, Bitwise expects Bitcoin to peak in 2026 as four-year cycles weaken, institutions embrace, volatility declines and correlations decrease. Bitcoin (BTC) and the broader crypto market are currently struggling in what many believe is an ongoing bear market, but Bitwise Chief Investment Officer Matt Hougan expects the asset to reach new all-time highs […]
Canopy Growth CEO Luc Mongeau says MTL’s growing expertise, combined with his company’s scale, positions the company to improve product quality, expand offerings and accelerate the path to profitable growth. Under the terms of the agreement, MTL shareholders will receive 0.32 of a share of Canopy Growth common stock and 14.4 cents in cash for […]
The tech sector has seen significant volatility lately as speculation mounts over whether an AI bubble is bubbling after a major rally. For young investors looking to get a piece of the action, experts say, with the right strategy it’s possible to get in on the action without risking it all. Align AI investments with […]
Frankly, they’re not wrong. The cost of living has skyrocketed, incomes have remained the same, the financial system is more complex, and the tools available today did not exist when parents bought homes on one income or invested exclusively through a banking advisor. To keep you informed, we spoke to Canadian money expert and Qualified […]
Sales totaled $9.80 billion, compared to $8.53 billion in the same quarter last year. The bank’s provision for credit losses for the quarter was $1.11 billion, compared with $1.03 billion a year ago. On an adjusted basis, Scotiabank says it earned $1.93 per diluted share in the latest quarter, compared to an adjusted profit of […]
The Indian market ended weaker on Wednesday, with the Sensex and Nifty heading lower and extending their decline to a fourth session, while investors remained cautious around record levels. The mood on Dalal Street remained subdued ahead of the Reserve Bank of India’s interest rate decision and policy announcements due on Friday, and as continued […]
Rep. Anna Paulina Luna (R-FL) announced she had filed a discharge petition that would force a vote in the House of Representatives to ban lawmakers in Congress from stock trading. In a video about X, Luna explained that after a “bipartisan coalition” and a conversation with Rep. Tim Burchett (R-TN), they had decided to “initiate […]
A judge in Mali ordered in June that Barrick’s Loulo-Gounkoto gold complex be placed under provisional administration for six months. Under the deal announced Monday, Barrick says all charges against the company, its subsidiaries and employees will be dropped and steps will be taken for the release of the four detained Barrick employees. It also […]
The domestic market witnessed sharp volatility on the monthly expiration day, driven by a weakening rupee and continued FII outflows. Caution prevailed as investors waited for clarity on a possible rate cut at the upcoming FOMC meeting and progress on the India-US trade deal, despite some improving signs.This is how analysts read the market pulse:Analysts […]