Europe has usurped the United States with the listing of its first spot exchange-traded fund (ETF) on the Euronext Amsterdam stock exchange by London-based Jacobi Asset Management. The spot ETF will trade under the ticker symbol “BCOIN” and has a focus on decarbonization. Jacobi Asset Management has rolled out the […]

Shares of IHS Holding Limited (IHS), a shared telecommunications infrastructure provider in Africa, are falling more than 9% Tuesday morning after reporting second-quarter earnings below analysts expectations. The company also cut its full-year revenue outlook. IHS reported a net loss of $1.245 billion or $3.73 per share in the second […]

Jacobi Asset Management has achieved a significant milestone by introducing Europe’s first spot Bitcoin ETF on Euronext Amsterdam. This ETF is not only groundbreaking for its pioneering status but also for its commitment to environmental, social, and governance (ESG) standards. Specifically, the ETF is touted as the first decarbonized digital […]

Markets remain subdued in the aftermath of the inflation update from the U.S. Headline annual inflation climbed less than expected whereas core inflation eased unexpectedly. However, uncertainty persisted over Fed strategy amidst hawkish comments from certain Fed officials. Wall Street Futures are hovering near the flatline. European benchmarks are trading […]

Galaxy Digital founder and CEO Mike Novogratz has shared insights on the factors that could lead to Bitcoin’s resurgence to all-time highs. Speaking to Bloomberg Wealth host David Rubenstein on Wednesday, Novogratz mentioned that the Federal Reserve’s pivot towards monetary easing and approving a Bitcoin ETF as key events could […]

Markets rose in cautious trade ahead of the release of the CPI readings from the U.S. on Thursday. Headline annual inflation is seen rising whereas core inflation is seen steady. Wall Street Futures are trading with modest gains. European benchmarks too have rebounded, helped by China lifting some pandemic-era travel […]

Shares of Blue Apron Holdings, Inc. (APRN), an ingredient-and-recipe meal kit service company, are rising more than 11% Wednesday morning following second-quarter results. Commenting on the results, Linda Findley, Blue Apron’s President and Chief Executive Officer said, “Through strong cost management and disciplined operational efficiency, we reduced our year-over-year operating […]

Market sentiment improved but remained cautious ahead of the release of the CPI readings from the U.S. on Thursday. Meanwhile, China reported a deflation of 0.3 percent year-on-year in July, versus a flat reading in June and consensus estimates of a 0.4 percent fall. Wall Street Futures are trading with […]

Billionaire investor David Rubenstein has expressed regret about not purchasing Bitcoin when it was priced at just $100 per unit. Speaking to Bloomberg on Tuesday, Rubenstein remarked that he wished he had taken the opportunity to buy Bitcoin at that early stage, acknowledging the substantial profits that early adopters have […]

Shares of Valaris Limited (VAL), an offshore drilling contractor, are falling more than 4% Tuesday morning at $72.35. On Monday, the company priced the $400 million 8.375% Senior Secured Notes due 2030. The offering, expected to conclude on August 21, was upsized to $400 million of Notes from the original […]