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2 mins read

'A self-parody of a SPAC': The mysterious $100 million New Jersey deli is actually an investment vehicle backed by a firm in Hong Kong

"It works like a mini-SPAC. When you execute the merger, the name changes, the ticker changes, the …

Matthew Fox   


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6 mins read

A $1 billion Putnam Investments fund is over-exposed to derivative trades based on fragile shopping mall mortgages, says this short bettor

He's aware that the American retail scene is crumbling, but says CMBX 6 is constructed so that deal…

Jim Edwards   


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2 mins read

A company investing in the future of bitcoin tech is splitting its stock in 10 after it soars 1,600%

The stock split comes at a pivotal time for the cryptocurrency market, which is under pressure to m…

Frank Chaparro   


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1 min read

Proof That China Is Serious About Financial Reform

The China Securities Regulatory Commission (CSRC) first revised rules to allow QFIIs to invest in t…

Mamta Badkar   


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6 mins read

Kraken vs. Binance.US: Which is Better?

Kraken and Binance.US offer low fees and advanced trading features, but Kraken stands on top. Binan…

Tessa Campbell,Rickie Houston   


Business Insider Latest Story Image
6 mins read

BlockFi vs. Coinbase: Which is better?

Coinbase and BlockFi are notable cryptocurrency exchanges. However, BlockFi isn't accepting new use…

Rickie Houston,Tessa Campbell   


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3 mins read

Gold demand went up by 14% in Q3: World Gold Council

According to the WGC, the gold demand in India was at 191.7 ton (value ₹85,010 crore) during Q3 …

Business Insider Latest Story Image
4 mins read

Jewellery demand is now back to pre-pandemic levels: World Gold Council

Jewellery demand is now back to pre-pandemic levels: World Gold Council

Business Insider Latest Story Image
2 mins read

Goldman Sachs trade with Galaxy Digital marks first over-the-counter crypto transaction by a major US bank, report says

Goldman is taking on greater risk by acting as a principal in the transactions with Galaxy Digital,…

Carla Mozée   


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3 mins read

India's demand for the yellow metal rises 43% in Q2: World Gold Council

Coming out of the grip of economic slump brought in by the coronavirus pandemic, Indias gold demand…

Business Insider Latest Story Image
4 mins read

Five financial management tips to avoid common pitfalls

We live in a fast changing world which has made it necessary for everyone to be financially adept t…

Business Insider Latest Story Image
1 min read

CME wants to lure retail traders to the bond market by offering a simplified futures contract that tracks yields

The Micro Treasury Yield futures will rise when Treasury yields increase and fall when they decline…

Emily Graffeo   


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2 mins read

Kevin O'Leary says he supports Robinhood chief Vlad Tenev and that the CEO is trying to stop young traders on the platform from 'blowing themselves up'

Kevin O'Leary says he believes Robinhood's Vlad Tenev is trying "to stop young people...from blowin…

Will Daniel   


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3 mins read

CoinDCX’s users grow 60-fold in just one year amid India’s crypto boom

CoinDCX hit the milestone of 1 crore users in February, growth of over 60 times within the span of …

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1 min read

Rocket Internet surges after Elliot Management takes 15% stake, complicating its plans to go private

Rocket Internet's valuation has fallen from more than $10 billion when it launched its IPO in 2014,…

Matthew Fox   


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3 mins read

Significant advantages exist in Reliance-Aramco deal: Report

"We still see enough reasons for Aramco to acquire a stake (in RIL's O2C business). With a stake, …

PTI   


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1 min read

Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings

Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…

Will Daniel   


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2 mins read

Penny-stock trading volume has exploded by 2,000% amid the growing influence of retail traders

There were 1.9 trillion transactions on the over-the-counter markets in February, which is where mo…

Matthew Fox   


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2 mins read

Tiny medical company Lucid Inc. skyrockets 241% after a similarly named electric-vehicle startup makes a big announcement

If Lucid Motors is able to deliver on its planned release data of 2021 for the Lucid Air, investors…

Matthew Fox   


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7 mins read

Wall Street's fastest traders are using their tech to improve how big investors trade foreign companies like Nintendo and Rolls Royce

For Citadel Securities, and other market makers, the next step is focusing in on institutional clie…

Dan DeFrancesco