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1 min read
The Korean entertainment giant that manages BTS saw its stock drop 25% after the boy band said it's on hiatus
About $1.5 billion was wiped out from Hybe's market value as BTS members Jin, Suga, J-Hope, RM, Jim…
Carla Mozée
2 mins read
Binance and the record label behind K-Pop sensation Blackpink will work on creating eco-friendly NFTs
Binance and YG also plan to develop Binance Smart Chain-based games, build metaverse assets, and pu…
Carla Mozée
1 min read
Crypto bull Mike Novogratz warns the economy is going to collapse and the Fed is hiking rates as a bubble pops
"We are going to go into a really fast recession, and you can see that in a lot of ways," Novogratz…
Phil Rosen
1 min read
Crypto bull Mike Novogratz warns the economy is going to collapse and the Fed is hiking rates as a bubble pops
"We are going to go into a really fast recession, and you can see that in a lot of ways," Novogratz…
Phil Rosen
2 mins read
K-Pop sensation BTS dives into the crypto space after the band's agency signs a deal to produce NFTs
K-Pop boy band BTS are the next pop stars to dive into the crypto space after the group's managemen…
Camomile Shumba
2 mins read
Bitcoin could tumble below $30,000 this year as the crypto bubble pops, Invesco says
"The mass marketing of bitcoin reminds us of the activity of stockbrokers in the run-up to the 1929…
Harry Robertson
1 min read
Moderna pops, then drops after it says booster shot increases protection against Omicron
A third dose of Moderna's booster vaccine resulted in a 37-fold increase in antibody protection aga…
Matthew Fox
1 min read
Twitter's stock pop on Musk's big investment is an overreaction from people who think a sale could be possible, Bernstein says
"The investor reaction to the news seems a bit extreme to us. We believe the fundamentals and chall…
Phil Rosen
1 min read
Robinhood pops 11% as Cathie Wood's Ark Invest piles in following 4th-quarter earnings rout
Robinhood stock last week dropped below its IPO prices after earnings revealed fewer active users a…
Phil Rosen
2 mins read
A CryptoPunks NFT sells for an eye-popping $532 million - but the purchase isn't all it seems
A CryptoPunks NFT sold for $532 million but it was paid for using a flash loan - borrowed money tha…
Camomile Shumba
2 mins read
Legendary investor Jeremy Grantham predicts S&P 500 will crash 50% after 4th US 'superbubble' in the past century pops
When the "superbubble" bursts, the legendary investor predicts a total wealth loss of $35 trillion …
Isabelle Lee
1 min read
Dogecoin pops 8% after Elon Musk says he'll eat a happy meal on TV if McDonald's accepts the meme coin as payment
The fast-food giant tweeted "how are you doing people who run crypto twitter accounts" amid a sharp…
Matthew Fox
1 min read
Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company
Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after th…
Matthew Fox
2 mins read
Top strategist David Rosenberg warns of a massive market bubble that could pop this year — and makes a contrarian call to buy Treasury bonds
The Rosenberg Research boss cautioned that US households are overexposed to equities, and explained…
Theron Mohamed
3 mins read
Jeremy Grantham predicts the US 'superbubble' will pop, wiping out $35 trillion in stocks and housing. Here are the 11 best quotes from his new note.
An epic market crash may have begun, the Fed has been asleep at the wheel, and investors should ste…
Harry Robertson
1 min read
Moderna drops, Arbutus pops after patent ruling means vaccine maker could owe royalties on billions in COVID shot revenue
The patents subject to the court's ruling cover a lipid formulation for nucleic acid delivery, whic…
Matthew Fox
1 min read
Nvidia's eye-popping 133% rally in 2021 prompts downgrade from Wedbush on chip maker's valuation despite strong fundamentals
"Even with end market conditions all shifting in NVDA's favor, we just can't find a means of justif…
Matthew Fox
1 min read
Peloton pops 8% as company announces corporate wellness program and pushes into wearables market
Peloton's pitch to companies is that its products will be good for team building. Inaugural corpora…
Ethan Wu
2 mins read
Apple drops, Netflix and Spotify pop after judge rules in favor of Epic Games in lawsuit targeting in-app purchases
The judge said that "the court cannot ultimately conclude that Apple is a monopolist under either f…
Matthew Fox
2 mins read
Crackdowns by regulators could pop the crypto bubble and mean bitcoin is unsuitable for professional investors, says UBS
Growing signs that Western governments, such as those in the US and UK, are cracking down on crypto…