Mumbai: The rupee witnessed range-bound trade and appreciated by just 1 paisa to 84.06 against the US dollar in initial deals on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee is likely to trade in a narrow range during the day as the … Read more
Carpenter Christopher DeVocht from the Sooke community of British Columbia, Canada, is among the few day traders who have grown thousands of dollars to hundreds of millions in a short span and then lost it all. DeVocht started as most traders do, following trading forums and backtesting strategies, but little did he know his C$88,000 … Read more
Jack Kellogg was only 19 and working as a car valet when he first heard about stock trading from a friend and decided to invest money in the market to make a profit. Watching his parents struggle financially instilled in him the goal of becoming economically secure beyond just earning a paycheck. Kellogg’s desire to … Read more
Shares of the US consumer electronics retailer Best Buy have showcased upward momentum, returning 8.54% in the last five days, despite the company recently posting a drop in quarterly sales. Best Buy’s sales revenue for the quarter ended May 4 declined by 6.1% to $8.84 billion from $9.46 billion. However, the company managed to preserve … Read more
A new stock exchange in Dallas, Texas, is set to begin securities trading next year, with plans to start listing companies by 2026. The Texas Stock Exchange (TXSE) Group has secured $120 million in funding from over two dozen investors, including Larry Fink’s Blackrock and Kenneth Griffin’s Citadel, making it “the most well-capitalised exchange entrant … Read more
One of the top hedge funds in the world bought a sizable stake in GameStop just a few weeks before shares surged as much as 400% in the latest “meme stock” rally, a regulatory filing showed Wednesday. Renaissance Technologies, the quant firm founded by legendary investor Jim Simons, who died last week, bought just over … Read more
One of Goldman Sachs’ highest-paid executives is leaving the bank early next year after raking in roughly $100 million over the past three years — even more than CEO David Solomon, according to a report. Ed Emerson — a 47-year-old trader who leads Goldman’s commodities business and whose pay exceeded Solomon’s $77.5 million during the … Read more
Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients. The move underscores the growing acceptance of digital currencies among financial services firms as they seek to tap a wide array of investors. ADDX, whose backers include … Read more
ETMarkets Crypto Q&A | Parth Chaturvedi, Lead Crypto Ecosystem, CoinSwitch Kuber – The Economic Times Video | ET Now Advertorial YouTube | 11 Jul 2022, 02:00 PM IST Watch Parth Chaturvedi, Lead Crypto Ecosystem, CoinSwitch Kuber answer a range of questions on ‘What is a DAO?’ 0views Related Videos 23:01 ETMarkets Crypto Q&A | What … Read more
ETMarkets Crypto Q&A | Parth Chaturvedi, Lead Crypto Ecosystem, CoinSwitch Kuber – The Economic Times Video | ET Now Advertorial YouTube | 12 Jul 2022, 02:00 PM IST Watch Parth Chaturvedi, Lead Crypto Ecosystem, CoinSwitch Kuber answer a range of questions on ‘What are dApps?’ 0views Related Videos 23:01 ETMarkets Crypto Q&A | What is … Read more
