In finance
-
The SEC is cracking down on Robinhood's crypto division for selling unregistered securities
The crypto arm of trading platform Robinhood has received a Wells notice from the Securities and Exchange Commission (SEC) over allegedly violating securities laws. A Wells notice is a formal notification from the financial watchdog that it intends to take enforcement action against the trading platform, but it does not necessarily mean the SEC will sue Robinhood. The SEC will give the company a chance to respond and explain why it believes a civil suit is inappropriate. Despite the legal...
-
Stocks making the biggest moves midday: Berkshire Hathaway, Micron, Tyson Foods, Spirit Airlines and more
These are some of the stocks posting the largest moves in midday trading.
-
2 Uranium Stocks With 50% or More Upside Potential
As U.S. passes the bill to ban uranium import from Russia, U.S. based uranium companies are sure to enjoy the increased demand. Here are 2 stocks with upside according to analysts.
-
Milken hits its stride - POLITICO
WELCOME to Day Three of Global Playbook coming to you from the Milken Institute's Global Conference. I'm Suzanne Lynch, helping you navigate...
-
Buffett's Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion
The Oracle of Omaha's massive conglomerate posted robust earnings, driven by strong insurance underwriting gains as well as higher Treasury yields.
-
Robinhood crypto business slapped with SEC Wells Notice
The SEC is planning to file an "enforcement action" against Robinhood's cryptocurrency business, according to the Wells Notice.
-
Robinhood Markets Gets SEC Warning Tied to Crypto Business
(Bloomberg) -- Robinhood Markets Inc. has been formally warned by regulators that it may face an enforcement action tied to its cryptocurrency dealings.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to Reset TiesThe so-called Wells...
-
Stocks making the biggest premarket moves: Berkshire Hathaway, Paramount, Spirit Air, Victoria's Secret and more
Unlock this article by creating a free CNBC account. Benefits include creating stock watchlists and more. Already have a CNBC account?
-
France Ramps Up Electric Vehicle Ambition as Xi Arrives in Paris
The French government signed a wide-ranging pact with the automotive industry on Monday that sets new targets for electric vehicle sales,...
-
Adani in Talks With Banks to Borrow $600 Million for Gas Unit
Billionaire Gautam Adani's conglomerate is seeking an offshore loan of about $600 million to refinance existing debt, according to people...
-
Zenith Bank Shows Continued Market Leadership With 189% Growth In Q1 Earnings
May 6, (THEWILL)- Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31, 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from N270 billion reported in Q1 2023 to N781 billion in Q1 2024. From the unaudited statement of account submitted to the Nigerian Exchange (NGX) on
-
Gautam Adani in talks with banks to borrow $600 million for gas unit: Report
Billionaire Gautam Adani’s conglomerate is seeking an offshore loan of about $600 million to refinance existing debt. The loan will be raised by Dhamra LNG Terminal Pvt, a unit of Adani Total Pvt, Bloomberg reported quoting people in knowledge of the development. The debt’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, the report said.The port-to-power group is discussing the planned transaction with lenders, including Credit...