Catenaa, Tuesday, June 24, 2025-Spot exchange-traded funds (ETFs) for several leading altcoins including Solana, XRP and Dogecoin are now seen as near-certainties for US Securities and Exchange Commission (SEC) approval by the end of 2025, according to top Bloomberg ETF analysts. The forecast signals a potential watershed moment in the expansion of crypto offerings on […]
Catenaa, Wednesday, August 06, 2025- US President Donald Trump will announce that Apple will commit to spending another $100 billion on domestic manufacturing, the latest pledge by the tech giant to increase US production. According to a White House official who spoke to Bloomberg, the announcement at the White House on Wednesday includes a new […]
Catenaa, Tuesday, June 10, 2025- Blackstone plans to invest up to $500 billion in Europe over the next 10 years, as the world’s largest alternative asset manager sees major opportunity in the region. Speaking to Bloomberg Television on Tuesday, Blackstone CEO Steve Schwarzman said that Europe represents a “major opportunity” for Blackstone, underscoring market confidence […]
Catenaa, Tuesday, February 25, 2025– European block trades are off to their strongest start for the year since 2021, with about $ 8.6 billion in transactions so far in 2025, data compiled by Bloomberg on Tuesday said. A flurry of deals for chunks of European companies has seen about $ 8.6 billion in transactions since the beginning […]
Catenaa, Wednesday, February 19, 2025- The increasing demand for Hong Kong (HK) equities has caused local banks to borrow $ 707 million to maintain interbank liquidity on Tuesday, the largest overnight cash amount since 2019. Data compiled by Bloomberg said the Hong Kong Monetary Authority has loaned out HK$ 5.5 billion ($ 707 million) through its so-called […]
Catenaa, Tuesday, June 17, 2025- Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion debt funding plan, Bloomberg reported on Tuesday. Citing information the company shared with investors who asked not to be identified, Bloomberg’s report said that xAI, which is […]
Catenaa, Tuesday, July 29, 2025- Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC to cater to the surging demand in China after export controls were lifted. Quoting sources, Bloomberg said on Tuesday, the new orders with Taiwan’s TSMC would add to the existing inventory of 600,000 to 700,000 H20 chips. The Trump […]
Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]
Catenaa, Wednesday, May 28, 2025- The US Securities and Exchange Commission (SEC) is expected to approve applications for dual-share-class structures by this summer, Bloomberg reported on Wednesday, allowing managers to add an ETF sleeve to an existing mutual fund. The report said that more than 50 firms, including BlackRock and State Street, are waiting for […]
Catenaa, Monday, June 16, 2025- Stocks of newly listed public companies are surging in their first sessions at the fastest pace since 2021, a Bloomberg report said on Monday, as investors’ appetite increases for US stocks. Data compiled by Bloomberg, with conservative cable channel Newsmax Inc.’s wild 735% opening gain in March, following its $75 […]
Catenaa, Monday, May 12, 2025- JPMorgan Chase could become the first bank to reach a $1 trillion market capitalization within the next three years, Wells Fargo said on Sunday. Wells Fargo analyst Mike Mayo and colleagues wrote in a May 11 note that if the largest US bank maintains its lead in returns, efficiency and […]