U.S. withdraws new fees in Sam Bankman-Fried case, punts them to 2024

U.S. withdraws new fees in Sam Bankman-Fried case, punts them to 2024


Essential Factors
  • Federal prosecutors questioned a choose on Thursday to clear away 5 fees towards alleged crypto fraudster Sam Bankman-Fried.
  • A Bahamas courtroom ruling experienced forged doubt on no matter if the U.S. government had followed the correct course of action for bringing the fees versus the former billionaire.
  • The fees, however, have merely been “severed,” or punted to 2024.



Supply

Block shares soar 10% on entry into S&P 500
Finance

Block shares soar 10% on entry into S&P 500

Key Points Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. Source

Read More
Stocks making the biggest moves midday: Talen Energy, Invesco, Netflix, Coinbase and more
Finance

Stocks making the biggest moves midday: Talen Energy, Invesco, Netflix, Coinbase and more

Here are some of the names making big moves in midday trading. Talen Energy – Shares popped more than 23%. Talen said that it has signed agreements to acquire Moxie Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio – a pair of combined-cycle gas-fired plants. The deal comes out to $3.5 […]

Read More
Stocks making the biggest moves premarket: Netflix, American Express, Chevron, Sarepta Therapeutics and more
Finance

Stocks making the biggest moves premarket: Netflix, American Express, Chevron, Sarepta Therapeutics and more

Check out the companies making headlines before the bell: Netflix — Shares fell 2% after Netflix warned that operating margin in the second half of 2025 will be lower than the first half because of higher content amortization, as well as sales and marketing costs, because of a larger slate of content. Otherwise, the streaming […]

Read More