The Series A round brings Tres's total funding to $18.6 million, with support from Faction, New Form, Cyber Fund and others.
CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year.
Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive said, with lifetime sales exceeding 50 million units and the company recording its best-ever Black Friday period sales for the device. The entertainment conglomerate is looking for a strong performance from the PS5, which is in its fourth year on the market, during the holiday shopping season to hit its sales target of a record 25 million units in the current financial year ending March 31. "Given the momentum we've had in November and a lot of what we're seeing in December, just in general we're feeling very good about sales overall," said Eric Lempel, senior vice president for global marketing, sales and business operations at Sony Interactive Entertainment.
The finance minister of theUK has pledged to look into the reported difficulties faced by licensed cryptocurrency firms in opening business accounts.
Baxus CEO Tzvi Wiesel explains how Baxus is innovating on luxury wine and spirit trading through blockchain technology.
Dogecoin (DOGE) reaching $1 has become a common aspiration. But is it a realistic goal or a delusion? While there are contrary opinions, analysts believe
The allure of cheap, responsive, door-to-door transit service is seductive. It’s too bad that it doesn’t work.
What does it take to stay open for the long haul—and not just for a few generations, but hundreds if not thousands of years?
Singapore is tightening enforcement efforts against travelers arriving in the Asian nation with electronic vaporizers, part of a global crackdown on the use of e-cigarettes.
Thai bank Kasikornbank Pcl is reportedly providing digital asset funding options for businesses, advising clients on token issuance.
Demand for Bitcoin options is soaring, with average daily open interest on the Chicago Mercantile Exchange (CME) touching an all-time high of $1.9 billion
Solar energy stocks have taken a hit in 2023 due to higher interest rates which caused less demand for solar projects from retail consumers. However, the solar sector may still have a bright future ahead of itself in 2024 as rates are expected to come down and green initiatives are adopted. Raymond James Managing Director Pavel Molchanov joins Yahoo Finance to discuss the success solar energy space's outlook. "I know it might seem surprising, but actually the amount of solar installations in 2023 is a record globally, including a record in the United States," Molchanov states. "So it's not a volume problem. It's in some cases more of a margin problem and, of course, for the stocks as distinct from the fundamentals, it's also a question of valuation, right? So stocks can be down even if the fundamental business trends are actually up." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
As the year wraps up, Yahoo Finance sits down with CEOs across different industries to discuss a variety of topics, from the outlook for 2024 to single stocks to succession and activism. Saks CEO Marc Metrick explains why 2024 will be “a year of two halves.” Metrick says in the “first half of the year, nothing’s going to spark the consumer, nothing’s going to get them excited.” “The first half of the year’s going to be a little tougher. And then as you move into the second half of the year, you’re going to get some of this positivity in the market… it’s going to move its way through to the consumer.“ Stocktwits CEO Rishi Khanna notes investor interest in single stocks. Some of the most viewed stocks this year on Stocktwits include Mullen (MULN), Tesla (TSLA), AMC (AMC), Nvidia (NVDA), and TMG (TRKA). “Personal interest, but also people understanding exposure to single stock names are an opportunity… to make money and make gains,” Khanna says. “Stocks and these products, move like digital products essentially. So the distribution is very much a power law… where you have the Magnificent Seven and the big guys that are up front, but the long tail of interests in names and stocks, reflect... the variety of interests of... everyday investors,” Khanna explains. Leadership Circle CEO Bill Adams discusses succession and activism at companies. “Succession has become more important than it’s ever been,” Adams says, “organizations, businesses are getting very serious about it and that’s the first time that’s happened.” On activism, Adams notes that it “has leveled out. Now what we’re finding is that capitalism wins out.” Key video moments: 00:00:05 - Saks CEO Marc Metrick 00:00:40 - Stocktwits CEO Rishi Khanna 00:01:20 - Leadership Circle CEO Bill Adams
Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company.
Pix faces scrutiny over its business model, with concerns about pricing, fraud protection, and market disruption.
The UK's finance minister said he will investigate claims that licensed crypto firms are having difficulty opening business accounts in the country.
The UK's finance minister will investigate claims that licensed crypto firms are having difficulty opening business accounts in the country.
Jefferies has initiated coverage on a slew of pet-related stocks, giving a “Buy” rating to Chewy (CHWY) and PetIQ (PETQ) while less optimistic about Bark (BARK), Petco (WOOF), and Freshpet (FRPT) and assigning a "Hold" rating to the latter three. Yahoo Finance’s Seana Smith and Brad Smith take a closer look at this note and the driving factors for these businesses, including consumer spending on health-related pet care. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
No assets were lost, and user security has not been affected by a critical Remote Code Execution vulnerability in the iOS app.
FTX bankruptcy proceedings in the U.S. and the liquidation of its subsidiary in the Bahamas will be synchronized.
The three major indexes, the S&P 500, the Dow, and the Nasdaq are enjoying a continued rally as the market hopes for rate cuts.
In its latest 12th sanctions package against Russia, the European Union is doubling down on crypto limitations for Russians
Galaxy Digital is eyeing assets from other bankrupt crypto firms after its assets under management tripled within the last year.
Josh Swihart, the SVP of Growth for Electric Coin Company, Zcash's development firm, has become the new CEO.
As the UK's FCA implements stricter crypto rules, Revolut pauses some offerings for business clients. Here's what you need to know.
In light of the FCA's upcoming crypto policy changes, Revolut has suspended cryptocurrency services for UK business clientele.
The US national average gas price sits at $3.03 per gallon, according to Gasbuddy.com, continuing a decline in retail gas prices since October of this year. In addition, 31 states across the US have fallen below a $3 level. Yahoo Finance Senior Business Reporter Ines Ferré joins the Live show to break down the latest development for both gas and oil prices. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Come the new year, fintech firm Revolut will stop allowing UK business clients to buy crypto using its platform, according to a report in City A.M. …
While retail customers are unaffected, Revolut's business clients in the UK are about to lose access to buying crypto.
Crypto industry titans donated $78 million in an effort to push legislative efforts ahead of next year's elections.
AlgosOne is an AI-based trading system designed to democratize the trading space and make professional-grade investment capabilities accessible
In this episode of Yahoo Finance series NEXT, Yahoo Finance reporter Akiko Fujita visits San Francisco startup Zipline to get a first-hand look at how delivery services are being automated with drones. The vision of drone delivery has been around for years, with Amazon (AMZN) being one of the first to launch its drone delivery program “Prime Air” in 2013. What has kept the industry from scaling up to widespread use? Regulation. In the race to deliver at new heights, the FAA has granted Zipline a rare exception to fly drones beyond the visual line of sight. With commercial drone deliveries projected to exceed 1 million by the end of 2023, Zipline plans to lead the way introducing drone technology to as many as 15 cities in the US across healthcare, restaurants, and retail by 2025. Zipline expects to reach these goals with the company’s Platform 2 aircraft – a drone designed to seamlessly integrate into business operations while delivering with precision. From heights up to 330 feet, the drone drops a "droid" with packaged goods weighing up to eight pounds anywhere from your doorstep to sidewalk in a matter of minutes.Drone delivery could be introducing a new accessibility to delivery services with retailers lining up to utilize the technology. Sweetgreen (SG), Pagliacci Pizza, and Mendocino Farms are early restaurant adopters. Zipline has also lined up a slew of clients in the health and wellness space, including GNC, Michigan Medicine, Intermountain Health, and MultiCare Health System. As more companies adopt the technology, delivery on wheels may be a thing of the past. For more on our NEXT series, click here, and tune in to Yahoo Finance every Monday at 10 a.m. ET.
The sale marks a strategic shift for the firm — focusing on expanding and innovating within the metaverse sector.
Keywords Studios acquired a unit of the SoftBank-backed metaverse platform Improbable for £79.5 million, approximately $97 million.
OKLink distinguishes itself by supporting data from an extensive range of 34 chains, far beyond the offerings of conventional explorers.
A market-wide downturn followed Bitcoin’s 11th of December crash as investors fell into a bearish bias trap. They believed that the 2023 rally was over
COIN, MSTR, HOOD and crypto mining stocks MARA and RIOT are down today during pre-market hours whileBitcoin price is below $41,000.
Blockstream CEO Adam Back believes 2024 could mark a period of resurgence for Bitcoin, propelling the leading cryptocurrency towards $100,000.
NFT daily trading volume exceeded $50 million on OKX, compared to Blur’s $13.2 million and OpenSea’s $3.3 million, DappRadar data showed.
Enthusiasm over inscriptions has spread to a number of blockchains, some of which have struggled to meet the sudden influx of users.
Lawmakers often head home at the end of the year with a long to-do list left undone. But in 2023 Washington is leaving a remarkably long menu of business world items on the table.
