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As June draws to a close, Bitcoin is working to stage a comeback with the backing of prominent financial players.At one point, Bitcoin rose nearly 5%, hitting an intraday high of $28,158.92, the highest level since May 29, according to TradingView.In light of Bitcoin’s improving market sentiment, what are the…

Q2 ’23 earnings for the S&P 500 start in about 3 to 4 weeks and will start with the financial sector kicking things off for Q2 ’23. Here’s a quick look at expected S&P 500 revenue and EPS growth by sector: Expected YoY revenue growth by sector: Financials: +7.4% expected…

Lawyers, advisers and other professionals working on the FTX bankruptcy have racked up $200mn in fees as they attempt to restructure the “smouldering heap of wreckage” left behind by the cryptocurrency exchange’s collapse in November, an independent auditor found.In a 47-page filing on Tuesday, a court-appointed fee examiner said she…

Never underestimate the power of dissent, even if the Federal Reserve prefers to present a unified front to the world at large. In a complicated world, however, that only leads to mistakes. Unity is nice to have, but working through disagreements is how good decisions are made. And it’s hard…

ARK Invest’s ARK Innovation exchange-traded fund sold another 62,415 shares of Tesla worth about $16 million, the asset management company founded by Cathie Wood disclosed on Friday evening. The news of Friday’s stock sale comes after ARK Invest offloaded about 393,000 shares of Tesla (ticker: TSLA) worth almost $100 million…

© Reuters. The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol By Arriana McLymore NEW YORK (Reuters) – Amazon (NASDAQ:) is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform…

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