Apple chief executive Tim Cook is piling cash into shares of a popular athletic firm that has seen its stock price plummet more than 60% over the last four years.
A new filing with the Securities and Exchange Commission (SEC) shows Cook acquired 50,000 shares of Nike’s (NKE) Class B common stock at $58.97 last month.
With the recent $2.94 million purchase, Cook owns 105,480 NKE shares worth...
Bitwise Asset Management just filed registration statements with the U.S. Securities and Exchange Commission for 11 new cryptocurrency strategy exchange-traded funds (ETFs).
The filings would trade on NYSE Arca if approved, expanding regulated access to major altcoins.
The proposed funds include individual strategy ETFs tracking Aave (AAVE), Zcash (ZEC), Sui (SUI), Uniswap (UNI), Starknet (STRK...
Coinbase Institutional is signaling a significant shift in how mainstream retail traders might access financial markets by positioning stock perpetual futures (perps) as the next major trading vehicle.
In a post on X, David Duong, Coinbase Institutional’s global head of investment research, says that perps have evolved past simply being “isolated, high-leverage trading vehicles and are becoming...
Bank of America chairman and CEO Brian Moynihan says America’s economic prospects are strong, although there are risks to watch out for.
In a new CBS News interview, Moynihan says as long as the employment levels remain high and workers continue to enjoy wage growth, the outlook for the US economy will remain positive.
“If the companies of America employ people and pay them a little bit more,...
A US healthcare firm has agreed to pay out millions of dollars to settle a class action lawsuit filed over a data breach that occurred in February of 2024.
According to the settlement administrator’s portal, Consulting Radiologists will pay out $2.2 million to settle the lawsuit that accused the healthcare firm of failing to secure and safeguard the protected health information and personally...
Russia’s largest bank, Sberbank, has issued the country’s first corporate loan backed by cryptocurrency, extending financing to one of the nation’s biggest Bitcoin mining firms, Intelion Data.
In a pilot deal, Intelion pledged digital assets it mined as collateral, marking a significant moment in the integration of digital coins into traditional banking practices in Russia.
Sberbank did not...
A top executive at Dragonfly Capital believes the crypto markets will be full of surprises in 2026.
Haseeb Qureshi, managing partner at Dragonfly Capital, a crypto venture fund, believes Bitcoin (BTC) will print new all-time highs next year.
He predicts Bitcoin will soar more than 69% its current value in 2026, while Bitcoin dominance (BTC.D) will turn bearish.
Bitcoin dominance tracks how much...
A widely followed crypto analyst believes Bitcoin (BTC) is on the verge of breaking out against gold.
Crypto trader Michaël van de Poppe tells his 816,800 followers on X that the BTCUSD/gold ratio, which is the value of Bitcoin relative to the price of gold, is showing bullish divergence on the daily chart.
Bullish divergence, which suggests price will start to increase, occurs when the price of...
Hedge fund veteran Dan Ives is revealing his top five tech stock picks for 2026.
In a new CNBC Squawk Box interview, Ives says that artificial intelligence (AI) will likely cause the following five tech companies to outperform next year: Tesla (TSLA), Microsoft (MSFT), Palantir (PLTR), CrowdStrike (CRWD) and Apple (AAPL).
“It’s about the derivatives of the AI revolution playing out. That’s our...
A widely followed crypto analyst and trader says Bitcoin (BTC) is officially in a bear market.
With BTC currently trading for $87,138, down 4% in the last month, crypto trader Benjamin Cowen tells his 970,000 YouTube subscribers that BTC is likely to fall further in 2026.
“What I think makes the most amount of sense is for Bitcoin to drop into the in sort of like early 2026, rally back up to the...