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...The price of bitcoin has surged by about 150 per cent to more than $41,000 this year in expectation of a flood of bitcoin ETFs that would open the asset class up to Wall Street....
...Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead the delegation, according to a person close to the committee....
...Billionaire entrepreneur Mike Ashley claimed that “nothing” would satisfy Morgan Stanley as it made “horrific” demands to cover a trading position held by his UK retail group Frasers....
...However, while he described the billionaire as a “hugely successful guy”, Smith said the Wall Street bank had good reason to be wary of having a close relationship with the entrepreneur....
...If we inhabited another planet — call it the 20th century — Mike Pence’s refusal to endorse Donald Trump this week would have merited headlines....
...Adrian Beltrami KC, representing Frasers, said that senior insiders at the Wall Street bank had a “personal dislike” of Ashley, whom they regarded as an “upstart”....
...It is also offering a live stream of a fight between Mike Tyson and Jake Paul in July, leading analysts to question whether the company plans to move further into live sport....
...The decline accounted for roughly half of the 0.9 per cent fall in Wall Street’s S&P 500, according to Bloomberg data....
...“Today was a quiet victory for the bulls,” said Mike Zigmont, head of trading and research at Harvest Volatility Management....
...Here’s his next one, The Wall Street Journal writes. News round-up What explains KKR’s quick exit from the music business?...
...His wife, Olwyn, and their young son, Cuan, are so conspicuous by their absence that the walls of the house seem to palpate with their spirits....
...Through it, initiates gain spiritual enlightenment by communing with dead ancestors — represented by the haunting masks on the walls of the temple, or Mbandja, objects of such exquisite beauty that they...
...Chevron chief executive Mike Wirth hailed “another quarter of solid financial results and strong cash returns to shareholders”....
...The Wall Street Journal said earlier this week that it would continue to do “everything in our power” to secure Gershkovich’s release....
...“We struggle to think of any instance in Wall Street oil history where a corporate takeover has triggered an asset-level pre-emption.”...
...TikTok has responded to critics by pointing to its $1.5bn investment in “Project Texas”, a corporate restructuring designed to wall off US user data from China....
...Prices for longer-term options contracts reflect those concerns, according to Mike Zigmont, head of trading and research at Harvest Volatility Management....
...Mike Hawes, chief executive of the SMMT, the UK car industry body, said import tariffs would be deeply disappointing....
...“[Equity] markets are worrying about Israel’s response” to Iran’s missile bombardment over the weekend, said Mike Zigmont, head of trading at Harvest Volatility Management....
...The totals included a record $22bn into technology funds, which have driven much of Wall Street’s rally so far in 2024....
...Global demand for exposure to the S&P 500 index is also a sign of the increasing dominance of Wall Street in general....
...Moreno defeated Matt Dolan, a more moderate state legislator who had received the endorsement of Mike DeWine, the state’s popular Republican governor....
...Mike Wirth will remain Chevron’s chief executive for the foreseeable future after the company waived a mandatory retirement age of 65 as it seeks to ensure continuity during a volatile period for the oil...
...I also hadn’t digested that Morgan Stanley has overtaken Goldman Sachs as the big cheese on Wall Street....
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