Ariel Investments, LLC on Wednesday announced the launch of its Ariel Alternatives and the Project Black initiative.The firm has secured a $200 million commitment from JPMorgan Chase, as it gradually ...
Analysts at Goldman Sachs on Friday named big oil stocks that will rally as much as 54% this year, as the transport market gradually recovers and generate cash returns for investors.The investment ban...
Square(SQ) revealed in its fourth-quarter earnings report on Tuesday that it has purchased $170 million worth of bitcoin.The company purchased about 3,318 bitcoins, adding to its October 2020 purchase...
Neobank First Boulevard, a digital banking platform has reportedly raised $5 million in seed funding. The goal of the funding is to help Black communities build generational wealth and receive cashbac...
Big Short investor Michael Blurry warns of the coming Bitcoin crash, calling it a “speculative bubble.” He is certain of this because of the outrageous surge in Bitcoin price and how buyers are be...
AppLovin joins the wagon of video game companies filing for IPO since the market hit $1.25 billion in 2020.The company which has a portfolio of popular mobile games filed its IPO prospectus on Tuesday...
Square Inc. announced Thursday that it is buying a majority stake in Jay-Z’s Tidal worth $297 million in cash and stock.The payment company has successfully created a one-stop financial shop for all...
After 33 years in business, Disney has decided to downsize on its physical stores.On Wednesday, Disney announced that it will be closing sixty retail locations within the United States by the end of t...
A dual-class stock structure basically means that a company has given disproportionate voting rights to one group of shareholders, typically its founders. In a conference call with analysts, fina...
Ride-sharing stocks got closed serving as an unusual radiant spot for tech stocks in what is otherwise an unstable day for a sector that has experienced solid growth in the previous year. Lyft's share...