Investor confidence in stablecoins is tied to the issuer’s ability to redeem them for fiat currency at any time. To ensure that, stablecoin companies keep backup funds to secure their value. They hold actual U.S. dollars at a 1:1 ratio, alongside safe investments like U.S. government debt that earns interest.…
Elmet Group to acquire 5% stake in Masan High-Tech Materials for $125M
AKart Design The Elmet Group (ELMT) announced a long-term strategic relationship with Vietnam’s Masan High-Tech Materials Corporation (MSR) that includes acquiring a 4.99% equity stake in MSR for $124.75M. The transaction formalizes a 12-year commercial relationship between the two companies. Alongside the Source link
Trump Jr.’s 1789 Capital said to seek $3B for second fund to expand startup bets
Trump Jr.’s 1789 Capital said to seek $3B for second fund to expand startup bets Source link
A week of AI coding cut a quantum-safe bitcoin transaction estimate from $320 to $66
The work addresses a possible future threat to Bitcoin. A sufficiently powerful quantum computer could use a wallet’s exposed public key to work out its private key and steal the coins. StarkWare’s method adds a form of protection based on hashes, which are expected to withstand that attack. It fits…
Are £100 BAE Systems shares within reach?
Image source: Getty Images Why have BAE Systems‘ (LSE: BA.) shares been soaring? I think it’s fair to say the sea change in NATO countries’ military spending played a large role. The many more billions allocated to defence budgets helped push the share price from close to £4 before the…
Doge slides 8%, Bitcoin under $84,000 in crypto sell-off
Bitcoin traded near $83,900 as of Thursday Asian morning hours, down more than 2% over 24 hours after touching nearly $87,300, CoinDesk data show. The 10-year U.S. Treasury yield closed Wednesday at 5.11%, up 15 basis points in a day, according to Treasury data. DOGE took the worst of it,…
Thursday’s Economic Calendar | Seeking Alpha
Sep 24, 2026, 12:00 AM ETBy: Jay Mehta, SA News Editor kyoshino/E+ via Getty Images 4:10 AM John Williams Speaks Participates in a moderated discussion at the London Macro Policy Forum. 8:00 AM Thomas Barkin Speaks Participates in a fireside chat before the Economic Club of Washington D.C. 8:30 AM…
Up 787%, this bank stock is wiping the floor with Lloyds
Image source: Getty Images Lloyds stock has made investors considerably richer over the last five years. Not only is the share price up 146%, the dividend has been growing at a double-digit rate. However, that’s totally eclipsed by the red-hot performance of Lion Finance Group (LSE:BGEO). Over the same period, this…
MGM Resorts plunges after Barry Diller’s People Inc. withdraws takeover bid
Alina555/iStock Unreleased via Getty Images MGM Resorts (MGM) dropped 11% in after-hours trading after Barry Diller’s People Inc. (PPLI) withdrew its takeover offer for the casino owner. Shares of People rose 4%. “There are lots of ingredients that go into a proposal of this kind Source link
I asked ChatGPT why the stock market hasn’t crashed yet. It said…
Image source: Getty Images Judging by the headlines in mainstream media these days, it’s easy to think a horrendous stock market crash is headed our way sooner or later: “Are global stock markets heading for a crash?” – The Guardian “This chart says the stock market is ready to crash”…