Bill Ackman’s Latest Investment in Uber What Does This Mean for You? Recently, billionaire hedge fund manager Bill Ackman made headlines with his latest multibillion-dollar investment in mobility technology leader Uber. According to a social media post by Ackman, Pershing Square Capital Management, the hedge fund he oversees, now owns 30.3 million shares of the…
Welcome to the World of Cardano Price Rally! Embracing the Ups and Downs So, you’ve heard about the recent rally in Cardano price, right? It’s been quite the rollercoaster ride, starting off strong above the $0.70 zone and then facing a bit of a correction. ADA is currently struggling to surpass the $0.780 mark, but…
Ares Commercial Real Estate Corporation, a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, recently reported its financial results for the fourth quarter of 2024. The company disclosed a GAAP net loss of $10.7 million, equivalent to $0.20 per diluted common share. Additionally, Distributable Earnings (Loss) amounted to…
Barrick Gold Corporation Declares Dividend of $0.10 per Share February 12, 2025 TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today announced the declaration of a dividend of $0.10 per share for the fourth quarter of 2024. The dividend is consistent with the Company’s Performance Dividend Policy announced…
The EUR/JPY Cross: A Recovery in Progress Building on Solid Momentum The EUR/JPY cross is showing signs of a strong recovery this week, starting from the mid-155.00s, the lowest level seen since August 2024. This upward trend has continued for the third consecutive day on Wednesday, with spot prices reaching a one-week high around the…
India’s Demand for Back Taxes on Volkswagen: A Growing Concern for Foreign Firms The Long Road to a Record $1.4 Billion Bill India’s demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting concerns that lengthy investigations and litigation could sour the plans of foreign firms…
Exciting News for Pi Network Fans! The Long Wait is Over After multiple delays of the Pi Network mainnet launch from 2024 to now 2025, the wait is finally over. The core team has officially announced that the Tap to Earn Pi Coin Network will launch on February 20, 2025, at 8 AM UTC. What…
Financial Funnies: Goldman Sachs Playing the Crypto Game Goldman Sachs Goes Big on Crypto So, you know when you’re playing Monopoly and you start hoarding all the properties and hotels on Boardwalk and Park Place? Well, it seems like Goldman Sachs is pulling a similar move in the real world of finance. In Q4 of…
