Tag Archives: assets

Yandex Announces Completion of Restructuring of its Taxi Group Assets

EquityStory.RS, LLC-News: Yandex N.V. / Key word(s): Miscellaneous/Miscellaneous21.12.2021 / 14:15 MSKThe issuer is solely responsible for the content of this announcement. Yandex Announces Completion of Restructuring of its Taxi Group Assets Moscow, Amsterdam, December 21, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that it has completed the previously announced restructuring of… Source link

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Regulate us, but don’t ‘shoehorn’ old rules on new assets

The chief executives of six major cryptocurrency companies made their Washington debut on Wednesday, broadly embracing regulation amid explosive growth in digital currencies — even as they pushed back against the idea that old securities laws will work in the emerging space. Testifying before the House Financial Services Committee for nearly five hours, executives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar Development Foundation fielded questions from lawmakers on understanding… Source link

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The U.S. stock market is headed for ‘giant crash’ followed by a new depression — here are the only 3 assets he likes as protection

Kiyosaki: The U.S. stock market is headed for ‘giant crash’ followed by a new depression — here are the only 3 assets he likes as protection Expert predictions for a U.S. stock market correction are common these days. But thanks to high inflation rates, Rich Dad Poor Dad author Robert Kiyosaki is calling for something much worse. “Inflation rips off the poor. Inflation makes rich richer,” he tweeted last week. “Prepare: Giant crash then new depression.” It’s not the first time… Source link

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Mitt Romney says a billionaire tax will trigger demand for these two assets — get in now before the super-rich swarm

Mitt Romney says a billionaire tax will trigger demand for these two assets — get in now before the super-rich swarm Not everyone is a fan of massive government spending. Sen. Mitt Romney (R-Utah), for instance, told Fox News last week that the Democrats “are pretty desperate” to pass President Joe Biden’s spending bill, which was recently trimmed from $3.5 trillion to under $2 trillion. Romney’s main concern is spiking inflation. But when it comes to government spending, the question… Source link

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High-income network holds only ‘25% of their assets in public stocks:’ TIGER21 chair

Members of the high net-worth membership network TIGER21 hold the majority of their wealth in assets other than public equities, data from the organization suggests. About 25% of TIGER21 member assets are in publicly-traded equities. The plurality of assets (27%) are held in real estate, whereas private equities and cash/cash equivalents make up 22% and 14% of the asset pool, respectively. “Our members are invested in technology stocks because of their scalability and increasingly in ETFs so… Source link

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Crypto rules in infrastructure bill show Washington’s ‘misunderstanding’ of digital assets

A bipartisan trio of senators is trying to change a cryptocurrency provision in the infrastructure bill that the industry warns will have a “devastating” impact on the space. As it stands, the infrastructure bill aims to raise revenue by cracking down on cryptocurrency tax reporting.   The industry argues the current measure included in the bill is too broad — and would force miners, developers and other “non-financial intermediaries” to face the new reporting requirements, though they… Source link

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Citibank Enters Crypto Space, Launches Digital Assets Unit

SASCHA STEINBACH/EPA-EFE/Shutterstock / SASCHA STEINBACH/EPA-EFE/Shutterstock The latest behemoth to enter the crypto space amid steady institutional interest is Citigroup, which officially launched a new business unit dedicated to the cryptocurrency and blockchain space, according to a memo obtained by The Block. See: As Cryptos Crash, Twitter is Drowning in MemesFind: If You Invested $1,000 in These Cryptocurrencies a Year Ago, Here’s How Much You’d Have Now The new unit, the Digital… Source link

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Discovery with AT&T’s media assets will put pressure on Netflix, others: analyst

The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link

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AT&T Is Preparing to Merge Media Assets With Discovery

(Bloomberg) — AT&T Inc. is in talks to combine its media business with Discovery Inc. in a deal that would create a new entertainment powerhouse, according to people with knowledge of the matter, a surprising move for a company that spent $85 billion to acquire the assets less than three years ago. A deal could be announced as soon as this week, said the people, who asked not to be identified because the information is private. The idea is to combine Discovery’s reality-TV empire with… Source link

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Cathie Wood’s Misery Mounts as ARKK Assets Dip Below $20 Billion

(Bloomberg) — Cathie Wood’s miserable month continued on Tuesday, as her flagship exchange-traded fund extended declines and its assets dropped below $20 billion to the lowest since January. The Ark Innovation ETF (ticker ARKK) slid 1% as of 9:47 a.m. in New York. Caught in a broad tech selloff, the product has fallen for nine of the past 10 sessions, a retreat that accelerated on Monday in the biggest slide in about seven weeks. Tesla Inc., the fund’s biggest holding, was down 3.5% on… Source link

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