Latest Currency markets News
Robinhood buying crytocurrency exchange Bitstamp for about $200 million
Robinhood Markets Inc. is buying crytocurrency exchange Bitstamp for about $200 million in cash as the company looks to speed up its cryptocurrency expansion globally. Bitstamp, founded in 2011, has offices in Luxembourg, the UK, Slovenia, Singapore, and the US. It has more than 50...
Hamilton Lane: Fiscal Q4 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Thursday reported fiscal fourth-quarter profit of $48.4 million. The Conshohocken, Pennsylvania-based company said it had net income of $1.26 per share. Earnings, adjusted for non-recurring costs, came...
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
TOKYO (AP) — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to deliver EV models around the world, including the U.S. and China. “Honda has not changed its belief that EVs...
Sifco: Fiscal Q2 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Sifco Industries Inc. (SIF) on Thursday reported a loss of $1.6 million in its fiscal second quarter. The Cleveland-based company said it had a loss of 26 cents per share. The producer of forgings and machined components for the...
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target. In a statement Thursday, the bank’s nine-member...
Townsquare: Q1 Earnings Snapshot
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported earnings of $1.1 million in its first quarter. The Purchase, New York-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents...
Magnite: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Magnite, Inc. (MGNI) on Wednesday reported a loss of $17.8 million in its first quarter. On a per-share basis, the New York-based company said it had a loss of 13 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 5...
A timeline of the collapse at FTX
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its...
FTX will return money to most customers less than 2 years after catastrophic crypto collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange...
Stock market today: Asian shares mixed after calm day on Wall St
TOKYO (AP) — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. U.S. futures and oil prices slipped, while the yen weakened further against the U.S. dollar. Tokyo's Nikkei 225 lost 1.5% to 38,244.76. Nintendo Co.’s share...
