Binance Sees Outflows With BNB, Altcoins Down After Plea Deal
11/22/2023 02:49
(Bloomberg) -- Binance’s native token BNB and a range of smaller cryptocurrencies declined with Changpeng Zhao stepping down from the largest digital-asset exchange under a sweeping deal worked out with the US Justice Department. Most Read from BloombergOpenAI in ‘Intense Discussions’ to Quell Potential MutinyCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitHigher Interest Rates Are Shattering Housing

Barrons.com
Palantir Slips After Winning U.K. National Health Service Contract
Shares of data analytics company Palantir Technologies fall in midday trade, a blip in what has otherwise been months of sharp share-price gains, after the company won a contract with Britain's National Health Service to build a data platform. The announcement of the seven-year, $414 million contract had been expected for weeks, with Palantir widely favored despite concerns from citizens, advocacy groups and doctors about obscurity around the contract-award process and the privacy of patient data. "Palantir is not, and never has been, in the business of collecting, mining or selling data," the company says in a blog post announcing the award.

Bloomberg
If You're in Cash, You Risk Missing Out, Bond Managers of $2.5 Trillion Say
(Bloomberg) -- For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit of advice: It’s time to put that money to work.Most Read from BloombergOpenAI in ‘Intense Discussions’ to Quell Potential MutinyCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitHigher Interest Rates Are Shattering Housing Dreams Around the WorldThe Doomed Mission Behind Sam Altman’

The Wall Street Journal
Nvidia Shares Retreat Ahead of Quarterly Earnings
Shares of Nvidia moved lower Tuesday ahead of the chip maker’s quarterly results, set for release after the closing bell. Nvidia’s shares recently stood more than 1% lower. The rise of Nvidia, one of the so-called Magnificent Seven big tech firms, has helped power this year's gains in the S&P 500.


Barrons.com
Broadcom-VMware Deal Gets China Approval. Why the Stocks Are Dropping.
Broadcom plans to close on its merger with VMware on Wednesday after getting conditional approval for the deal Tuesday from China’s antitrust regulator. China’s State Administration for Market Regulation, or SAMR, issued a statement granting the conditional approval Tuesday. In a press release Tuesday, the two companies said they “have received all required regulatory approvals and intend to close Broadcom’s acquisition of VMware on November 22, 2023.”

SmartAsset
Rich People Do These 4 Things to Stay Wealthy (& So Can You)
Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.

Bloomberg
Broadcom $61 Billion VMWare Deal Wins Chinese Ok With Conditions
(Bloomberg) -- Broadcom Inc.’s $61 billion takeover of software maker VMware Inc. won approval from Chinese regulators, albeit with a list of conditions it must fulfill. Most Read from BloombergOpenAI in ‘Intense Discussions’ to Quell Potential MutinyCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitHigher Interest Rates Are Shattering Housing Dreams Around the WorldThe Doomed Mission Behind Sam Altman’

Benzinga
How To Turn A $100,000 Investment Into $1 Million — And Retire A Millionaire
For those aiming to boost their retirement funds significantly, converting $100,000 into $1 million is a challenge but achievable. Saving for retirement is a fundamental part of financial planning, where starting early can significantly enhance the growth potential of your savings. While a common guideline suggests saving 10% to 15% of your annual income, individual needs vary. For those aiming to boost their retirement funds significantly, converting $100,000 into $1 million is a challenge but