Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says
Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the NYSE’s website.
Bitcoin bounces back above $67,000, while ether drops more than 7% for the week: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Nvidia could be on the verge of a massive technical sell-off, chart analyst warns
Nvidia has struggled in July and could have further downside, according to Raymond James.
UK Finance Minister Rachel Reeves pledges most ‘pro-growth, pro-business’ government the country has seen
U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen.
Crypto firm Ledger hikes prices of iPod-inspired wallet by 40% and launches new mid-tier option
Crypto firm Ledger is increasing the price of Ledger Stax, its iPod-inspired hardware wallet, and releasing a similar, cheaper device, called Flex.
Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
Novo Nordisk’s Wegovy wins EU backing for reducing heart risks
Novo Nordisk’s Wegovy has received backing from the EU’s medical regulator to expand the weight loss drug’s use to reducing the rise of serious heart events.
Nvidia supplier SK Hynix to build $6.8 billion chip plant in South Korea
SK Hynix’s plant will be in the Yongin Semiconductor Cluster where the South Korean government is looking to build a massive complex of chip operations.
Obama endorses Kamala Harris as she builds momentum against Donald Trump
The Obamas’ highly anticipated endorsement could give Harris campaign a boost as it builds momentum to rival that of Donald Trump.
CrowdStrike CEO says 97% of Windows sensors back online after major outage
Last week, CrowdStrike issued a routine update to its users around the world that contained a bug which caused Microsoft’s Windows operating system to crash.
