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In addition to its shares falling, United Airlines also expects a “Q1 2023 average fuel price per gallon3 of between $3.31 and $3.41.” United Airlines Holdings Inc (NASDAQ: UAL) stock recently dropped 6% following the company’s bleak Q1 2023 results forecast. On Monday, the Chicago-based major American airline said it expects an
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The ICO has produced new guidance to help UX designers, product managers and software engineers embed data protection into their products and services from the start. Announced at the ICO’s ‘Privacy, Seriously’ event, the guidance looks at key
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HSBC’s announcement came at a time the United States government announced a $25 billion bailout of struggling Silicon Valley Bank and Signature Bank to avoid a further banking crisis. In a stunning turn of events, HSBC Holdings Plc (NYSE: HSBC) has announced that its United Kingdom subsidiary has acquired troubled Silicon
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Shares of First Republic Bank (FRC) have been in the red for the past year, shedding more than 48% in the last twelve months. The shares of American foreign exchange company First Republic Bank (NYSE: FRC) plunged over 60% in pre-market trading due to investors’ worries about its financial strength.
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Investment firm ARK, led by renowned investor Cathie Wood, purchased more than 350,000 Coinbase shares according to an email transaction report. According to an emailed transaction report, investment manager ARK increased its holdings in Coinbase (COIN) on March 9 by more than it did in the entire month of January. ARK
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The Cathie Wood-led firm added 301,437 COIN shares to its ARK Innovation ETF (ARKK) and 52,525 shares to its Next Generation Internet ETF (ARKW) for a total of more than 350,000 shares, the biggest one-day purchase this year. In January it bought a total of 333,637. Source
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"If judges turn more favorable, then there is the chance that GBTC Trust shares can be converted into an ETF. In that case, the discount in GBTC shares relative to the fund's net asset value could be quickly arbitraged away, and that's why GBTC shares are rallying now," Markus Thielen,
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Investment management powerhouse Ark Invest has added more Robinhood and Coinbase stock to its holdings amid tame tech developments. According to reports, Ark Invest recently shored up on more Robinhood (NASDAQ: HOOD) and Coinbase (NASDAQ: COIN) stock. The Florida-based investment management firm purchased $9.97 million worth of HOOD stock and $3.44 million in COIN yesterday. The purchase
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Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.” The announcement comes after the bank’s stock fell over 59% last week due to fears of a potential bankruptcy. Silvergate terminates exchange network Silvergate announced on its website on Mar. 4 that it had closed the Silvergate
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Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and Circle. Silvergate Discontinues Crypto Payments Network Silvergate Bank announced Friday that its cryptocurrency payments network, the Silvergate Exchange Network (SEN),
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