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(Bloomberg) — Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter. Most Read from Bloomberg The two companies couldn’t come to an agreement and decided not to pursue the deal, […]
The gold mining sector willing are preparing for a new round of acquisitions. Due to the huge drop in the price of gold over the past two years, many mines have run into problems. Many projects that were profitable at a price of $1,500 or $1,600 are no longer profitable now that the gold price has fallen […]
PANAMA CITY, June 19, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, has officially launched its Dual Investment product, aimed at empowering users with high-yield strategies in all market conditions. Within just two weeks of launch, BingX users have already invested over $1 million in this product — a clear reflection […]
We recently published a list of 10 Stocks Take A Shocking Nosedive. Chime Financial, Inc. (NASDAQ:CHYM) is one of the worst-performing stocks on Thursday. Chime Financial dropped its share prices by 8.13 percent on Wednesday to end at $31.65 apiece as investors soured on the Senate’s passage of Stablecoins bill that emerged as a potential […]
Prescient’s European ETF white-label platform is less to compete with the existing players like HANetf and Waystone, but rather to support South African managers looking to distribute UCITS ETFs to South African investors – at least to start with. After registering an ETF platform in February, ETF Stream sat down with the fund administration firm’s […]
Computer chip giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not […]
Hybrid RIA Concurrent Investment Advisors on Wednesday formally rolled out its own RIA minority investing vehicle, RIA Capital Partners, and revealed the arm’s initial pair of investments. Concurrent chief executive Nate Lenz told Citywire the new venture largely came about in response to the growing prevalence of minority investment vehicles in the RIA space in […]
Ramp, a financial operations platform, has successfully completed its Series E funding round, achieving a valuation of $16bn. The funding, which reached a total of $200m, was led by Founders Fund, the company’s initial and primary investor. Other participants in this financing round included Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla […]
The race to launch the first-ever U.S. spot XRP and Solana ETFs took a critical step forward this week, as the Securities and Exchange Commission (SEC) opened a public comment period on Franklin Templeton’s dual ETF filings. While the move does not guarantee approval, it signals rising institutional interest in altcoin exposure—especially as legal clarity […]
