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Bitcoin’s Fair Value Is a Lot Less than the Market Thinks

Bitcoin’s Fair Value Is a Lot Less than the Market Thinks

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Over the subsequent four months, Bitcoin soared to over $60,000, before settling back to its current price.
European Markets Edge Higher; Credit Suisse Slips 1.7% as Chairman Resigns

European Markets Edge Higher; Credit Suisse Slips 1.7% as Chairman Resigns

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European stocks nudged higher on Monday as investors digested corporate news from Credit Suisse and GSK.
European Markets Choppy As Investors Await More U.S. Inflation Data

European Markets Choppy As Investors Await More U.S. Inflation Data

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Consumer prices have jumped in Europe and the U.S. over recent months. Last Friday, eurozone inflation hit a new record high in December coming in at 5 percent compared with the same month last year.
Fanatics Acquires Topps Trading Cards For $500 Million

Fanatics Acquires Topps Trading Cards For $500 Million

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Sports e-commerce company Fanatics has acquired sports trading card company Topps, sources confirmed to CNBC on Monday night.
Tencent to Hand Out $16 Billion of JD.com Shares as Dividend

Tencent to Hand Out $16 Billion of JD.com Shares as Dividend

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As part of the deal, Tencent President Martin Lau will exit JD.com’s board effective Thursday.
Moody’s Says Emerging Markets Face A Tough Economic Recovery, But Asia Could Fare Better Than Other Regions

Moody’s Says Emerging Markets Face A Tough Economic Recovery, But Asia Could Fare Better...

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Emerging markets will face challenges in managing their economic recovery – but Asia is likely to fare better than other regions, according to Moody’s...
Japan’s Nikkei 225 Jumps 2% As Investors Assess Omicron Risks

Japan’s Nikkei 225 Jumps 2% As Investors Assess Omicron Risks

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Shares in Asia-Pacific rose in Tuesday morning trade as investors continued to monitor the situation surrounding the omicron COVID-19 variant. Japanese stocks led gains regionally,...
SEC Chairman Gary Gensler Wants Stronger Insider Trading Rules As Executive Stock Sales Hit Records

SEC Chairman Gary Gensler Wants Stronger Insider Trading Rules As Executive Stock Sales Hit...

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The SEC is considering stronger insider trading rules to ensure CEOs aren’t buying and selling shares when informed by non-public information.
Rivian Stock Tanks After EV Maker Sees Production Constraints Hindering Sales

Rivian Stock Tanks After EV Maker Sees Production Constraints Hindering Sales

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Rivian said it lost an adjusted $766 million in the quarter. Its letter to shareholders did not specify a per-share amount.
Reddit Says It Filed Confidentially for U.S. IPO

Reddit Says It Filed Confidentially for U.S. IPO

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Reddit Inc., the social media platform that helped fuel this year’s meme stock frenzy, said it has confidentially filed for an initial public offering.

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