Space investment rebounded in 2023 with heavy sector M&A, report says

[ad_1] A long exposure photo shows the company’s fourth Alpha rocket mission launching from California’s Vandenberg Space Force Base on Dec. 22, 2023. Sean Parker / Firefly Aerospace Investment in…

Goldman Sachs tops revenue estimates on better-than-expected asset management results

[ad_1] David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in…

JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues

[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…

Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week

[ad_1] Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years…

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

[ad_1] Citigroup CEO Jane Fraser at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce…

BlackRock’s Larry Fink says bitcoin ETFs are just the first step in the technological revolution of finance

[ad_1] Larry Fink Cameron Costa | CNBC Bitcoin ETFs have arrived after a hard fought battle between the crypto industry and the Securities and Exchange Commission. Larry Fink, CEO of…

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

[ad_1] Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower…

Citigroup posts $1.8 billion fourth-quarter loss after litany of charges

[ad_1] Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the…

Crypto bulls see bitcoin flying above $100,000 after ETF approval

[ad_1] Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot…

Ether prices spike on hopes of an ETF — but the SEC says that’s less clear cut than bitcoin

[ad_1] St. Moritz, SWITZERLAND — U.S. Securities and Exchange Chair Gary Gensler fired warning shots to the crypto industry, casting doubt over whether digital coin ether would follow next in…