A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized…
Opendoor Technologies attracted sudden interest among Reddit-obsessed retail traders, who pushed up the stock price by threefold in days, but the speculative run ran out of steam on Tuesday. The online real estate startup saw shares sliding more than 12% Tuesday after surging 24% earlier in the day. It had surged more than 42% in…
Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, hiring a State Street executive, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of…
Jordi Vidal | Redferns | Getty Images Astronomer CEO Andy Byron’s controversy went so viral that it sparked millions of dollars in bets on prediction markets over his resignation. On July 16, Byron was caught on camera hugging his human resources director Kristin Cabot on a kiss cam during a Coldplay concert with the two quickly…
Ahead of the next Federal Reserve meeting later this month, tensions between the White House and the central bank have reached a fever pitch. On Wednesday, a senior White House official told CNBC and other news outlets that President Donald Trump was likely to soon fire Fed Chair Jerome Powell. Trump later denied those reports, although he said he…
Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as President Donald Trump signed the GENIUS Act stablecoin legislation into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 4% at $3,578.67, according to Coin Metrics, trading at highs not seen since January…
American Express has long benefited from a focus on wealthier customers who appreciate the credit card company’s travel and dining perks. That has helped insulate the company from concerns over a spending slowdown. In the second quarter, total spending on Amex cards jumped 7%, matching the first quarter and higher than the 6% increase a…
Omar Marques | Sopa Images | Lightrocket | Getty Images DeFi Development, a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model. The company plans to partner with others looking to operate their own Solana treasuries with DeFi’s support. In return, DeFi Development will retain an equity stake in…
Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Stock Chart IconStock chart icon Bitmine (BMNR) 1-month The current wave of interest in Ethereum and…
Dominika Zarzycka | Nurphoto | Getty Images Coinbase unveiled Wednesday an “everything app” designed to bring more people into the crypto economy. The “Base App,” which replaces Coinbase Wallet, will combine wallet, trading and payment functions as well as social media, messaging and support for mini apps – all running on the company’s homegrown public…
