Securities

Crypto Citadel Securities Set to Enter the Digital Coin Trading Arena

10 days ago

In a significant move for the cryptocurrency market, Citadel Securities, a prominent name within the financial landscape, has announced its plans to commence trading digital coins on major exchanges. This decision marks a pivotal shift for the established firm, which has historically been known for its prowess in traditional finance mechanisms, particularly in equity and fixed-income markets.

Breaking: Rakuten Abandons Tokyo Bourse Listing for Securities Unit

1 month ago

In a significant shift for the Japanese conglomerate, Rakuten Group has made the surprising announcement that it will no longer pursue the public listing of its securities unit on the Tokyo Stock Exchange. Originally slated for the first half of 2025, this decision to scrap the initial public offering (IPO) comes as a clear response to current market dynamics and challenges facing the company's financial landscape.

MicroStrategy Makes Waves with Massive $1.1 Billion Bitcoin Purchase Before Shareholder Vote

2 months ago

In a bold financial maneuver, MicroStrategy has invested a staggering $1.1 billion in Bitcoin, raising eyebrows in the investment community as it approaches a pivotal vote concerning the company's shares. This ambitious acquisition reflects the tech-focused business intelligence firm's unwavering commitment to digital currencies, particularly amidst the evolving landscape of cryptocurrency investments.

NVIDIA Shareholder Case: Supreme Court Expresses Caution on Broad Rulings

4 months ago

In a pivotal hearing held on November 13, 2024, the Supreme Court of the United States conveyed its hesitance regarding a potential sweeping judgment in a significant shareholder lawsuit against NVIDIA Corporation. The case, which has drawn considerable attention due to its implications for corporate governance and shareholder rights, revolves around allegations concerning misleading statements made by the technology giant.

Wall Street Rapper Faces 18 Months in Prison for Securities Fraud

5 months ago

In a significant development in the world of finance and entertainment, a Wall Street-inspired rapper has been recommended to serve 18 months behind bars. The rapper, known for blending his career in finance with a flair for music, has become embroiled in a legal battle related to securities fraud, drawing attention from both the financial sector and the hip-hop community.

Tesla Embarks on $783 Million Debt Sale Supported by Prime Leases

5 months ago

Tesla Inc., the electric vehicle giant run by Elon Musk, is poised for a significant financial effort with plans for debt sales of as much as $783 million. It would be backed by prime leases, according to people who are familiar with the deal. Its plan would revolve around tapping into an extended leasing model that gained a huge following from customers who prefer to lease high-tech electric vehicles than pay them in full.