Spot Bitcoin ETFs shed $635 million on October 22, with BlackRock’s IBIT leading the exodus
US spot Bitcoin ETFs bled $635 million on October 22, according to SoSoValue data reported by Odaily. That is a sharp reversal for a product category that had spent the previous few days collecting cash.
BlackRock’s iShares Bitcoin Trust (IBIT), the biggest name in the space, was the largest single source of the outflow.
Read MoreI've Covered Tesla for Over a Decade. Here's Whether It's a Stock to Buy More Than 21% Below Its Record.
Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
By STAN CHOE, AP Business Writer
NEW YORK (AP) — The latest shudder for stocks in the artificial-intelligence industry pulled markets lower worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran.
The S&P 500 fell 1.2% for its worst day since July,
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Read MoreIn 2006, Warren Buffett pledged $36.1 billion in stock to the Gates Foundation; by 2026 he had given more than $47 billion
In June 2006, Warren Buffett pledged 10 million Class B shares of Berkshire Hathaway to the Gates Foundation, then worth about $36.1 billion, according to the Chronicle of Philanthropy. The pledge was one of five he made that year, and the total was worth more than $43.5 billion at the time.
Read MoreGeneral Motors Rises 5% on Nasdaq Listing Move and Index Eligibility; Tesla Gains 3%, Ford Edges Higher
A switch in stock exchanges is pushing General Motors (NYSE:GM | GM Price Prediction) shares past rival automakers and a quiet consumer sector. General Motors stock is at $79.93, up 5% in morning trading. The gain reflects the chance of…
A switch in stock exchanges is pushing General Motors (NYSE:GM | GM Price Prediction) shares past rival automakers and a quiet consumer sector.
The Burst
Market Commentary: Something Ominous Lurks Beneath
Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks.
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Read MoreThe Ivy
Will This Space Stock Soar By 77%?
Planet Labs (NYSE:PL) is a unique tech company that uses its fleet of satellites to image the entire planet every day.
Through this effort, Planet Labs has created a massive database of Earth images that can be used by its customers to draw insights about a host of industries, geographic changes and even military movements.
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Read MoreThe Spotlight
200 Billion Reasons To Buy This Payment Processor
The Shift4 story begins like many tech legends – with founders working out of their parents’ basements. However, in addition to the fact that Shift4 isn’t based in Silicon Valley, there is a key difference between this company and its tech peers. Shift4 wasn’t founded by a college dropout. In fact, its founder didn’t go to college at all.
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