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Data from Bank of America (BofA) reportedly shows that investors appear to be fleeing US markets in the wake of tariff-induced volatility.
The financial giant notes in a new analysis that US equities witnessed an $8.9 billion outflow in the week leading up to April 30th, CNBC reports.
European equities, by contrast, witnessed a $3.4 billion inflow in the week leading up to April 30th, and...
Billionaire Bill Ackman’s hedge fund, Pershing Square, has spent nearly $1 billion to accumulate shares of one real estate development firm.
Perishing Square has poured $900 million into buying 9 million shares of Howard Hughes Holdings (HHH).
Ackman’s fund paid a premium of 48% compared to HHH’s closing stock price last Friday and now controls 46.9% of the real estate firm’s shares, per a new...
The US dollar could suffer a major sell-off by Asian investors and exporters triggered by trade tensions, according to a pair of macroeconomic and currency strategists.
Eurizon SLJ Capital’s analysts Stephen Jen and Joana Freireat say in a new investment note that Asian investors have accumulated a massive pile of USD that could be ditched en masse if trade wars intensify and the dollar weakens,...
May 8th, 2025 – Panama City, Panama
Flipster, one of the world’s fastest-growing cryptocurrency derivatives trading platforms, today announced an exclusive partnership with TALON, one of Asia’s premier competitive gaming organizations, competing in 10 major titles — including Dota 2, League of Legends, and Valorant — across seven countries.
As part of the collaboration, TALON’s Dota 2...
The messaging app used by some members of the Trump administration and the US government has been hacked, according to a new report.
404 Media reports that a hacker stole customer data from TeleMessage, an Israeli software company that provides modified versions of messaging apps like Signal.
The US government reportedly uses modified apps to archive messages.
A Reuters photo last week revealed...
Credit card giant Visa is investing in the stablecoin payments network BVNK as a means of upgrading its business-to-business transactions.
In a new company blog post, BVNK chief executive and co-founder Jesse Hemson-Struthers says that Visa is investing an undisclosed amount into the firm as a means of automating and streamlining global stablecoin payments between businesses.
“At BVNK, we...
Uncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter.
The Kobeissi Letter’s official account on the social media platform X notes that heading into this year, gold had been underperforming the S...
Attorneys for Alex Mashinsky, the disgraced co-founder of crypto lending platform Celsius, are slamming the Department of Justice (DOJ)’s recommendation to keep their client behind bars for the rest of his life, instead asking for a lenient one-year sentence.
In a new court filing, Mashinsky’s lawyers say that the government paints an unfair picture that makes it seem like he’s a monster rather...
Coinbase, the largest crypto exchange in the US, has announced the possibility of listing a gold-pegged stablecoin.
In a new post on the social media platform X, Coinbase says it’s added PAX Gold (PAXG) to its listing roadmap.
A placement on Coinbase’s roadmap doesn’t guarantee a future listing, but it announces the potential for it to be listed in order to promote transparency and prevent...
Shares in Alphabet Inc. (GOOG) are dipping sharply amid comments from tech giant Apple suggesting that artificial intelligence (AI) will threaten the dominance of the top search engine.
Apple’s services chief Eddie Cue says he believes AI-run search engines will eventually replace the classic search engines like Google, Bloomberg reports.
Speaking in a testimony during the US Justice Department’...