The initiative to launch a new national stock exchange in Texas has gained significant momentum with investments from major players like BlackRock and Citadel Securities. TXSE Chairman and CEO James Lee announced that the Dallas-based group has secured $120 million in funding from over two dozen investors. The move is seen as a response to
Finance
Nearly five years ago, Keith Gill, also known as “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube, made a $53,000 bet on GameStop, his favorite video game retailer. Little did he know that this investment would lead to his net worth ballooning to over $289 million in just a few years. Gill shared a screenshot
Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped finance sanctioned Iranian entities and terrorist groups. The claims were made by former Standard Chartered Bank (SCB) employee turned whistleblower Julian Knight. Knight alleges that U.S. officials lied by denying that he provided them with evidence of far greater
Keith Gill, known as “DeepF——Value” on Reddit and “Roaring Kitty” on YouTube and X, has been at the center of GameStop’s recent turbulent journey. Despite Monday’s significant rally, Gill has maintained his substantial holdings in the video game retailer. Gill’s portfolio screenshot shared on Reddit’s r/SuperStonk forum showed that he still owned 5 million shares
Dutch digital bank Bunq is currently in the process of trying to secure a banking license from U.K. financial regulators. The firm’s CEO and founder, Ali Niknam, expressed his optimism about the potential approval timeline, citing differences in regulatory processes between the U.K. and Europe. Despite the challenges posed by Brexit, Bunq is determined to
The Washington Post reported that former President Donald Trump had allegedly made promises to top oil executives to reduce regulations in exchange for raising $1 billion to support his bid for reelection. It was reported that Trump told these executives that he would reverse environmental policies put in place by the Biden administration and auction
VanEck CEO Jan van Eck recently discussed the significant sentiment shift he sees taking place in the cryptocurrency market following the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. According to van Eck, this development marks a pivotal moment in securities regulation, highlighting the growing recognition of digital
Italy has always been a popular tourist destination, with iconic landmarks, beautiful landscapes, and rich history. However, the influx of tourists has led to overcrowding issues in some of the most famous cities and attractions. Boat drivers in places like Bellagio, Lake Como, have started to complain about the sheer number of tourists that flood
In recent years, there has been a noticeable shift in the hiring practices of many companies. Rather than solely focusing on traditional metrics such as education or years of experience, companies are now placing a greater emphasis on applicants’ skills. Reports and data have shown that the share of online job postings in the U.S.
Billionaire investor Bill Ackman is making a significant move by selling a 10% stake in Pershing Square, as part of a plan to eventually take his investment firm public. The firm is currently raising $1.05 billion in a funding round, with institutional and family office investors who prefer to remain anonymous participating in the deal.