ETF Edge
Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses
WATCH LIVE
Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses
Finance
Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Key Points The Vatican Bank launched on Tuesday two equity indexes tracking stocks that it said are consistent with Catholic ethical principles. Its Eurozone fund includes semiconductor supplier ASML Holding and telecommunications company Deutsche Telekom, while the US-based index holds Meta and Amazon, among other stocks. The debut sets up the possibility of licensing […]
Read More
Finance
Stocks making the biggest moves midday: Ferrari, Incyte, S&P Global, Datadog, BP and more
Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead […]
Read More
Finance
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
Read More