Web3 infrastructure firm MoonPay has launched an investment arm that will focus on early-stage startups in web3, gaming, and adjacent fintech categories, TechCrunch has exclusively learned. The investment arm, dubbed MoonPay Ventures, will mainly invest between $100,000 to $1 million, targeting seed and Series A rounds. It has already invested...
A discussion of the “elephant not in the room,” in the words of one of the moderators of last Wednesday’s Republican presidential candidate debate, didn’t come until about one hour into the jousting. The elephant, of course, was frequently indicted former President Donald Trump. Most of the candidates tiptoed around...
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021.Rebecca Cook | ReutersDETROIT – General Motors is working with Google to explore opportunities to implement AI technologies across the automaker's business, the companies announced Tuesday.The broad partnership around generative, or...
Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan Mcdermid | ReutersCheck out the companies making headlines before the bell.Oracle — The software giant rose 2.7% after UBS upgraded Oracle to a buy...
Nio's ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China.Getty Images | Getty Images News | Getty ImagesChinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than twice its year-ago loss as deliveries of its upscale...
A shopper pushes a cart with a TV in front of a Best Buy store in Chicago, Illinois, November 25, 2022.Jim Vondruska | ReutersBest Buy on Tuesday surpassed Wall Street's quarterly sales expectations, but tempered expectations for the rest of the year as it feels the lull of post-pandemic...
Advisors affiliated with national firms are likely to be in demand from those whose retirement is just around the corner. Research from Cerulli Associates reveals that those within five years of retirement become ‘advisor-reliant’ and seek those professionals who can offer a strong suite of support services, becoming heavily reliant...
A new wealth management business has launched in San Juan Capistrano, California, led by two advisors who have served approximately $325 million in advisory, brokerage and retirement plan assets. Revel Private Wealth is affiliated with LPL Financial’s supported independence model, LPL Strategic Wealth Service. Founders Megan M. Stirrat, CFP, CDFA, SE-AWMA...
European stocks gained for a second day as traders awaited a raft of economic figures over the next few days for clues on the outlook for global central bank policies. Miners and real estate led the advance in the Stoxx Europe 600 index after China pledged further measures to support its economy....
China’s economic outlook is showing no signs of improvement, with forecasters broadly trimming their expectations for growth, prices and trade and predicting more monetary policy easing. Economists now see gross domestic product expanding 5.1% in 2023 from the prior year, according to the median estimate in the latest Bloomberg survey....