Crypto exchange Bullish rocketed on Wednesday after the company raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. Shares were then halted at around $102.44 per share. The Cayman Islands-headquartered company priced its IPO early Wednesday far above…
Tom Farley, chief executive officer of Bullish Global, during a Bloomberg Television interview on the sidelines of the Consensus Crypto Conference in Hong Kong, China, on Wednesday, Feb. 19, 2025. Lam Yik | Bloomberg | Getty Images Cryptocurrency exchange Bullish has priced its initial public offering at $37 per share, above the expected range of…
Pavlo Gonchar | SOPA Images | AP Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering. Bullish is aiming to raise $990 million, offering 30 million shares priced between $32 and $33 apiece, and targeting a valuation of $4.8 billion, according to a Monday filing with the Securities and Exchange Commission. The…
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE U.S. stock futures inched higher Sunday night, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports. Dow Jones Industrial Average futures rose by 56 points, or 0.1%. S&P 500…
Suddenly, Wall Street cares about inflation again. After taking a backseat to the jobs report earlier this year, inflation data will take center stage next week as investors try to discern whether the Federal Reserve will cut in September. The latest consumer price index is set to release Tuesday, and the producer price index is…
U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock…
Zoom In IconArrows pointing outwards Source: danivesclothing.com Dan Ives is bringing a new definition to the term “street wear”. The Wedbush Securities global head of technology research on Thursday launched a unisex fashion line with Snow Milk, a Brooklyn-based brand specializing in thrifted, upcycled and new, numbered clothing. The shirts and other items will let…
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious with the S & P 500 sitting near a record high. Global fundamental long-short hedge funds returned 1.5% in July on an asset-weighted basis, bringing their year-to-date gains to 7.8%, according to data from Goldman…
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh,…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares dipped after Warren Buffett’s conglomerate reported a small decline in operating earnings, while continuing a stock-selling spree and a buyback halt. The Omaha-based giant saw operating earnings including those from its insurance and railroad businesses…