Robinhood bets big on crypto with $200 million deal for Bitstamp

Robinhood bets big on crypto with $200 million deal for Bitstamp

Trading platform Robinhood Markets (HOOD.O) said on Thursday it has agreed to buy crypto exchange Bitstamp for about $200 million in cash, speeding up a broader push into digital assets with its biggest-ever deal.Robinhood, whose shares were up 3.4 per cent before the bell, has been looking to expand its product offerings to become a … Read more

Google acquiring HubSpot would bolster bid to challenge Microsoft

Google acquiring HubSpot would bolster bid to challenge Microsoft

Google is considering acquiring HubSpot, a US marketing software maker with a market value of billion, to enhance its ability to compete against Microsoft in offering cloud-based applications to companies.

Weak demand, new model ramp up hit Europe, ’s top automakers

Weak demand, new model ramp up hit Europe, ’s top automakers

European car giants Volkswagen, Mercedes-Benz, and Stellantis all posted lower sales and first-quarter revenue due to higher costs, weaker demand for new cars, and the upcoming launch of new models.

US regional banks seen booking more commercial property losses, loan sales

US regional banks seen booking more commercial property losses, loan sales

US regional banks are expected to set aside more money to cover potential commercial real estate (CRE) losses and sell more property loans as the sector remains under pressure a year after the collapse of Silicon Valley Bank and Signature Bank.

US quarterly earnings to feature big growth in tech-related companies

US quarterly earnings to feature big growth in tech-related companies

Big technology-related company earnings are expected to lead S&P 500 profit growth in the upcoming US reporting period, refueling optimism for stocks after a weak start to April.