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GameStop Shares Tumble 25% After $1.75 Billion Convertible Bond Announcement

GameStop Shares Tumble 25% After $1.75 Billion Convertible Bond Announcement

by Leland Li | Jun 12, 2025 | Retail, Stock Market

GameStop (NYSE: GME) stock plunged nearly 25% on Thursday after the video game retailer announced plans to raise $1.75 billion through the sale of convertible bonds. The move, aimed at boosting cash reserves, involves issuing convertible senior notes that investors...
SEC Rescinds Controversial Rule on Crypto Assets

SEC Rescinds Controversial Rule on Crypto Assets

by Shivam | Jan 24, 2025 | Blockchain, Cryptocurrency, Economics

The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
Bitcoin Dips to Lowest Since November as $100,000 Dream Fades

Bitcoin Dips to Lowest Since November as $100,000 Dream Fades

by Andy Liao | Jan 9, 2025 | Blockchain, Cryptocurrency, Investing News, Market News, Stock Market

Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency’s meteoric rise in the weeks following President-elect Donald Trump’s...
Bitcoin Surges Past $100,000

Bitcoin Surges Past $100,000

by Natalie Matejkova | Dec 5, 2024 | Blockchain, Cryptocurrency, Investing News

US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
MARA Holdings Soars 16% on Crypto Bet

MARA Holdings Soars 16% on Crypto Bet

by Justin Wong | Nov 20, 2024 | Blockchain, Investing News, Market News, Stock Market

MARA Holdings (NASDAQ: MARA) saw its stock surge 16% early Wednesday, following the announcement of a significant $850 million zero-coupon convertible note offering. This bold financial maneuver comes with an additional $150 million option for initial purchasers,...
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Senate Passes GENIUS Act

by Elvis Guaman | Jun 18, 2025

In a historic vote on Tuesday, the...

Zyn for the Win?

by Lucas Shum | Jun 17, 2025

By all appearances, Philip Morris...

How Artificial Intelligence Is Transforming Labor Markets, Productivity, and Industry Dynamics

by Leland Li | Jun 16, 2025

Artificial Intelligence (AI) is...

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