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FNV earnings call for the period ending March 31, 2021.
STOCKHOLM (Reuters) -Swedish payments firm Klarna has raised $639 million from a group of investors led by SoftBank's Vision Fund II, lifting its valuation to about $46 billion - higher than several of the region's major banks. Klarna, which allows shoppers to buy online through its merchant partners and settle their dues in instalments via "buy now, pay later" (BNPL), became Europe's most valuable startup in March when a $1 billion fundraising valued it at $31 billion. The current round was led by SoftBank, joined by existing investors such as Adit Ventures, Honeycomb Asset Management and WestCap Group.
BCB said the timeframe for a CBDC depends on the evolution of its current projects and the international landscape.
(Bloomberg) -- The strongest Treasuries rally in a year is encouraging investors to pile back into riskier assets as they grow more confident the Federal Reserve is right to call a surge in consumer prices transitory.Strategists are turning bullish on investments that experienced bouts of underperformance since yields started rising in August last year. Expensive growth stocks, especially technology companies and emerging-market assets have solidified their place on investors’ shopping lists ami
(Bloomberg) -- Gold fell as Treasury yields climbed from near a three-month low and the dollar strengthened. The metal erased some short-lived gains that were made in the wake of a U.S. inflation report.Thursday’s U.S. report on the consumer price index showed that price increases were largely driven by categories associated with economic reopenings, bolstering the view that inflation pressures may ease later in the year. With the Federal Reserve setting a high bar for reconsidering its dovish s
In the annals of financial crises, perhaps there is no better predictor of impending doom than when financial regulators start loosening regulations.
(Bloomberg) -- Amazon.com Inc., Apple Inc. and other U.S. technology giants would have to sell or exit key businesses under sweeping antitrust legislation proposed by House lawmakers.The proposal is among a series of bills introduced Friday by House Democrats and Republicans that would place significant new constraints on how tech platforms run their businesses and give antitrust enforcers more legal authority to take on some of the country’s largest and most lucrative businesses.“Unregulated te
Sometimes, finding the right stock can be a chore, and sometimes, a pleasure. But whether it’s a breeze or a slog, some things remain constant. The right stock will always bring a benefit to your portfolio – and high-yield dividend stocks, when carefully chosen, will do just that. Wall Street analysts have been doing the research for you, picking out stocks that are meeting those requirements. And the results are interesting – the analysts have tagged two stocks under $10 with strong dividends,
"Jeff Bezos’s trip to outer space is being financed by all the rest of the U.S. taxpayers who paid their taxes so that Jeff Bezos didn’t have to," Warren says.
(Bloomberg) -- Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills ramp up output and buyers hold off on purchases.Prices in Chicago fell 18% this week, the biggest decline for most-active futures in records going back to 1986. Lumber has has now dropped almost 40% from the record high reached on May 10.Sawmills appear to be catching up with the rampant homebuilding demand in North America that fueled a months-long rally, br
A developer of electric, flying taxis is set to go public in New York by merging with a SPAC, as part of the latest wave of listings bringing more than $5 billion in enterprise value to the stock market.
(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.The fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matt
Lawmakers who want generous relief vow they'll be "keeping the pressure on."
The IRS just sent out millions more payments. Will you get one?
The Houston Methodist hospital system suspended 178 workers who refused to have the COVID-19 shot. “Unfortunately, a small number of individuals have decided not to put their patients first,” Dr. Marc Boom, Houston Methodist’s CEO and president, wrote in a Tuesday staff email that a spokeswoman shared with MarketWatch. “Houston Methodist is officially the first hospital system in the country to achieve this goal for the benefit of its patients,” he said.
The long-term bullish bet is akin to buying a lottery ticket.
Betting markets now predict a greater-than-50% chance of Bitcoin falling below $10,000 in 2021.
Which meme stocks are capturing individual investors’ attention to end the week?
The FIRE movement promises a surefire way to help you retire below the national average retirement age of 64 and be financially independent. But first, you should know your FIRE number, or the amount of retirement money that you need … Continue reading → The post What’s Your FIRE Number for Early Retirement? appeared first on SmartAsset Blog.
CD Projekt reported a worse-than-forecast 65% drop in profit in the first quarter. U.K. activist investor Abri Advisors wants changes.
There are plenty of reasons why rolling retirement assets from one account to another makes sense, but there are also plenty of questions to ask and answer before making that decision. Investors may decide to move money from one retirement plan to another because they’re switching jobs, or because they found a better investment opportunity in another account. Retirement tip of the week: Wondering if you should roll over an old 401(k) plan or merge a few different retirement accounts?