Bitcoin dropped Thursday, bringing losses for the week so far to about 17 percent. The largest digital currency by market capitalization fell 7.6 percent to a low of $7,331.52 before recovering to near $7,400, according to CoinDesk's bitcoin price...
Zhang's comments echo those made by China's Premier Li Keqiang at the end of the country's National People's Congress, an annual parliamentary convocation, earlier this week. "We will fully open up the manufacturing sector, with...
The stock market could see at least one more big fall this year, after the S&P 500's more than 10 percent retreat in early February, veteran strategist Sam Stovall told CNBC on Wednesday. "We need to go down a...
Digital currency exchange Coinbase is building on a recent hiring streak with a deal to buy Earn.com announced Monday. As part of the acquisition, the crypto company will bring on Earn's founder and CEO as its first-ever chief...
A group of international tech firms and venture capitalists injected almost £1 billion ($1.4 billion) into the U.K.'s artificial intelligence (AI) industry on Thursday. The deal was backed by Japanese venture capital firm Global Brain, Canadian venture capital firm...
Verizon shares should outperform the market in 2018, Barclays said Monday, upgrading the stock to overweight from equal weight. "Concerns about the carrier's ability to reignite service revenue growth should start to subside as management delivers upon its expectation...
SoftBank CEO Masayoshi Son's plan to take over Silicon Valley and the global world of technology is starting to take form. The $100 billion Vision Fund will invest in another 30 companies over the next two years, adding...
Chris Helgren | Reuters The logo of blockchain company Ripple is seen at the SIBOS banking and financial conference in Toronto, Ontario,...
Hedge fund billionaire Steve Cohen's venture capital investing arm is going all in on fintech. On Tuesday, Point72 Ventures will announce it led a $3 million investment in a startup called Extend, which has built mobile technology business owners...
Draper bought nearly 30,000 bitcoins in a 2014 U.S. Marshals Service auction, and told CNBC in December he was still holding all those coins. If that is still the case, Draper's holding is worth about $268 million at...
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