MSCI has adopted a rule that could push Strategy, the company holding 848,250 BTC, out of its flagship indexes after Nov. 30, and JPMorgan puts the possible forced selling at $2.8 billion. What Did MSCI Actually Decide?
Business
Here's what Warsh signaled about the upcoming FOMC meeting and whether the central bank plans to hike rates again.
Business
Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his practice of leaving markets guessing, he c…
Business
On February 3, 1986, Steve Jobs bought Lucasfilm’s computer graphics unit from George Lucas for $10 million and renamed it Pixar, taking roughly a 70% stake. Pixar’s November 29, 1995 IPO priced shares at $22 and made Jobs a billionaire ye…
Business
Anthropic’s initial public offering (IPO) may carry a price tag about $500 billion lighter than investors once expected. Some current and prospective investors have reportedly discussed a valuation of around $1.5 trillion for the November …