APO's Q2 results are affected by higher expenses as adjusted net income misses estimates. Higher AUM and revenue growth provide support.
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Intesa Sanpaolo cut its Bitcoin ETF stake 94% and tripled its staked Ethereum holdings. Are institutions ditching Bitcoin for Ethereum?
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Meta is financing its $14 billion, 1 GW El Paso data center through a sophisticated sale-leaseback variant that converts existing land and construction-in-progress assets into partnership equity. By offloading the immediate capital burden to external partners, the company has established a joint venture where BlackRock-managed funds hold an 80% equity stake, while Meta retains a […]
BlackRock quietly launched a second emerging markets ETF that costs almost nothing compared to its famous sibling, and the long-term performance numbers reveal just how expensive investor loyalty to the original has become.
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The dip in MSTR’s stock came alongside weakness in the overall cryptocurrency market, with Bitcoin’s price dropping below the $65,000 level.
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The stock of Circle Internet Group (NYSE: $CRCL) has been downgraded and received a Street low price target as comp...
Investing.com -- Mizuho Securities downgraded Circle Internet Group, the issuer of the USDC stablecoin, to Underperform from Neutral and trimmed its price target to $50 from $85, flagging competitive threats from a newly launched rival stablecoin that could undercut Circle’s core revenue model.
The energy giant will sell its stake in Sprng Energy to Aditya Birla Renewables, which counts the BlackRock-owned Global Infrastructure Partners as a minority owner.
In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, ...
The chief executive officer of private credit fund BlackRock TCP Capital Corp. is departing the firm during ongoing losses, significant asset markdowns and federal scrutiny over valuation practices. Sources familiar with the matter revealed to Bloomberg that Phil Tseng will...
Bitcoin ETF outflows reach $8.95 billion in two months. Glassnode data shows why the sell-off may not be over yet.
There is a new stablecoin in town, and an old player's stock is facing the heat. A stablecoin is an integral part of the DeFi infrastructure. It is a cryptocurrency designed to hold a steady value by pegging to an asset like the dollar, typically backed by reserves such as cash and ...
(Bloomberg) -- Bitcoin tumbled more than 3% toward $58,000 on Tuesday as investors reversed an initial vote of confidence in Michael Saylor’s financing overhaul at Strategy Inc., raising fresh concerns that one of the cryptocurrency’s biggest buyers may no longer be a consistent source of demand.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanW
Investing.com -- Circle Internet shares fell 5% Tuesday morning after Bloomberg reported that Visa, Stripe and more than 100 other financial firms are joining forces to launch a new stablecoin venture.
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Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete ...
Despite KKR’s underperformance relative to the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.
BlackRock is trimming roughly 200 positions even as the asset management giant continues to deliver strong inflows, earnings growth, and expanding margins.