Open interest in Shiba Inu tops $100 million, raising a red flag for bitcoin

Open interest in Shiba Inu tops $100 million, raising a red flag for bitcoin

Investors are once again pouring money into the Shiba Inu meme-focused cryptocurrency (Graying) in a warning signal to bitcoin traders. Open interest in Binance’s SHIB futures more than doubled to $101.65 million this month, marking the highest level since February 5, according to Data source Coinglass. SHIB futures contract size is 1,000 SHIB per contract … Read more

GQG Partners adds Nvidia, Amazon and Apple in the second quarter

GQG Partners adds Nvidia, Amazon and Apple in the second quarter

NEW YORK (Reuters) – Australian-listed investment firm GQG Partners added more shares in Nvidia Corp in the second quarter, ending June with a $5.9 billion investment in the chipmaker, according to regulatory filings on Friday. Shares in Nvidia are up nearly 180% year-to-date and have reached $1 trillion in market capitalization, amid excitement over developments … Read more

AMC Entertainment gets approval for revised investor settlement, preferred stock soars

AMC Entertainment gets approval for revised investor settlement, preferred stock soars

(corrected in second paragraph) Written by Tom Hales and Judy Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge on Friday approved a revised settlement for AMC Entertainment stockholders, three weeks after the judge rejected a related agreement made by the movie company. The ruling sent the company’s preferred stock price up 27%. The company’s common … Read more

Stock Markets Next Big Concern: The Bear Steiner Bond Market

Stock Markets Next Big Concern: The Bear Steiner Bond Market

font size Stocks that could benefit from a steeper yield curve include Generac Holdings, Alphabet, and Pool Corp. and Target (above). Christopher Dilts/Bloomberg The bond market is trying to send a message to investors. Much depends on how they interpret it. In recent weeks, the yield on 10-year Treasury notes Has risen to 4.15%, an … Read more

AMC stock drops after court approves ‘APE’ conversion

AMC stock drops after court approves 'APE' conversion

font size Brandon Bell/Getty Images shares AMC Entertainment It was sinking in late trading on Friday after Bloomberg mentioned The company has received approval to proceed with the planned conversion from AMC Preferred Equity, or APE, units into common shares. AMC stock (stock ticker: AMC) fell 27% to $3.83. APE units are up 26%. AMC … Read more