Crypto legislation likely coming under Trump, ex-SEC chief says
By Douglas Gillison and Chris Prentice NEW YORK (Reuters) – Congress is likely to adopt legislation governing cryptocurrencies during President-elect…
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Bitcoin surge triggers billions in losses for crypto short traders after Trump win
By Shashwat Chauhan (Reuters) – Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6, after…
FTX sues Binance and its former CEO for $1.8 billion
LONDON (Reuters) – Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion…
As Donald Trump staffs up for second term, only MAGA loyalists need apply
By Gram Slattery and Alexandra Ulmer WEST PALM BEACH, Florida (Reuters) – As advisers and allies of Republican President-elect Donald…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a…
EM bond funds see largest weekly outflow in two years, JPMorgan report says
NEW YORK (Reuters) – Retail investors yanked $3.2 billion out of emerging market bonds this week, the largest outflow in…
Pinterest’s revenue forecast disappoints investors looking for holiday season ad boost
(Reuters) -Pinterest’s fourth-quarter revenue forecast failed to impress investors looking for a boost from the holiday shopping season, at a…
Lucid beats revenue estimates, reaffirms annual production
(Reuters) -Lucid beat Wall Street expectations for third-quarter revenue on Thursday and reiterated its annual production forecast as it benefits…
Trump Media reports $19 million loss in third quarter on TV streaming costs
(Reuters) – Former U.S. President Donald Trump’s media company reported a net loss of $19.2 million in the third quarter,…
Elon Musk is sued over $1 million election giveaway
By Jonathan Stempel (Reuters) – Elon Musk was sued in a proposed class action on Tuesday by registered voters who…