Monthly Archives: January 2022
SEC Obtains Final Judgments Against Crowdfunding Issuer CEO and Registered Funding Portal and Its CEO
(Hedgeco.Net) The Securities and Exchange Commission has announced the final judgments against Nicole Birch, former CEO of crowdfunding issuer, Transatlantic Real Estate, LLC, SEC-registered crowdfunding portal, TruCrowd, Inc., and its CEO, Vincent Petrescu. The SEC’s complaint, filed on September 20, […]
Bitcoin to outperform the S&P 500 in 2022
(CNBC) In 2021, Bitcoin has outperformed the S&P 500 index. Bitcoin is up 73%, while the S&P 500 is up 28% this year. Blockchain data research firm Arcane Research said in a study that Bitcoin will continue this performance next […]
Jury finds Theranos founder Elizabeth Holmes guilty on multiple charges in criminal fraud trial
(CNBC) Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women were handed the […]
Apple’s rise to $3 trillion market cap shows the value of its massive share buybacks
(CNBC) Apple capped off a stunning rise on Monday when it briefly became the first company to touch a $3 trillion market value before closing the day just short of the mark. The relentless rise of Apple’s stock speaks to […]
Founder of crypto lending platform argues that bitcoin could hit $100,000 by mid-2022
(CNBC) Bitcoin could see further upside and surge as high as $100,000 by the middle of 2022, according to Antoni Trenchev of cryptocurrency lender Nexo. The world’s largest cryptocurrency by market cap was trading at $46,170.43 as of 8:42 p.m. […]
Markets and the economy brace as the Federal Reserve’s first rate hike could come in two months
(CNBC) If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to […]
Stock futures rise ahead of first trading day of 2022
(CNBC) U.S. stock futures rose on Sunday evening as Wall Street looked to start off 2022 on solid footing. Futures tied to the Dow Jones Industrial Average rose 115 points, or about 0.3%. Those for the S&P 500 and Nasdaq […]
Financial Company and Its President Charged with Engaging in Fraudulent Schemes to Boost Stock Price
(HedgeCo.Net) The Securities and Exchange Commission has charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an […]
These five analysts were the best performers of 2021
(CNBC) Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like a powerful influx of retail traders, or by various cryptocurrency-linked stocks […]
S&P 500 ends 2021 with a nearly 27% gain, but dips in final trading day
(CNBC) U.S. stocks finished their final trading session of the year lower, capping off a record-setting 2021 that came despite the persistent headwinds of Covid-19. The Dow Jones Industrial Average on Friday fell 59.78 points, or 0.16%, to 36,338.30. The […]
Venture and growth capital fundraising grew by 240% over the past five years
(Opalesque) Over the past five years, venture and growth capital fundraising grew by 240%, driven by the emergence and growth of the so-called unicorns (privately held companies with valuations above $1 billion), said a study. In contrast, annual buyout fundraising […]
Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus
(CNBC) It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with a tailwind, but the […]