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Wall Street stays steady at record highs as ‘coiled spring’ releases in August, with talks of deal to reopen Strait of Hormuz
NewsSeptember 7, 20264 min read

Wall Street stays steady at record highs as ‘coiled spring’ releases in August, with talks of deal to reopen Strait of Hormuz

Stocks wavered in afternoon trading on Wall Street Wednesday and hovered around their records set a day earlier, while oil prices held steady. Recommended Video The S&P 500 rose 0.1%.…

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SpaceX created a new class of ultrawealthy. Here’s what comes next
NewsSeptember 7, 20265 min read

SpaceX created a new class of ultrawealthy. Here’s what comes next

At SpaceX’s market debut on June 12, the perfect trade already looked obvious. Shares priced at $135, valuing the company at roughly $1.8 trillion, and closed near $161, pushing its…

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The SEC should ban the products behind South Korea’s recent market meltdown 
NewsSeptember 7, 20265 min read

The SEC should ban the products behind South Korea’s recent market meltdown 

Just over two months ago, South Korea’s financial regulator approved investment products providing leveraged access to its two largest stocks: Samsung and the now-infamous chip maker SK Hynix. These leveraged…

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Current price of Bitcoin for August 6, 2026
NewsSeptember 7, 20268 min read

Current price of Bitcoin for August 6, 2026

At 7:15 a.m. Eastern Time, the going rate for one Bitcoin (BTC) is $64,509.85. That’s $372.59 higher than yesterday morning’s level and about $50,500 below where it stood a year…

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Current price of Ethereum for August 6, 2026
NewsSeptember 7, 20269 min read

Current price of Ethereum for August 6, 2026

At 7:15 a.m. Eastern Time, the current price of Ethereum (1 ETH) is $1,900.37. That’s a $28.16 increase from the prior day and roughly a $1,782 loss over the past…

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SoftBank profits drop 18%, stock falls 4% in Tokyo
NewsSeptember 7, 20262 min read

SoftBank profits drop 18%, stock falls 4% in Tokyo

Technology investor SoftBank Group Corp. reported Thursday an 18% drop in fiscal first quarter profit, as higher costs offset its investment gains. Recommended Video SoftBank Group, which invests aggressively in artificial…

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Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
NewsSeptember 7, 20264 min read

Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%

Singapore’s bourse reported a 14% jump in yearly revenue to $1.17 billion, after the country rolled out a series of market reforms in 2025 aimed at revitalizing its sluggish stock…

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Current price of Ethereum for August 7, 2026
NewsSeptember 7, 20269 min read

Current price of Ethereum for August 7, 2026

At 5:30 a.m. Eastern Time, the price of Ethereum (1 ETH) is $1,908.76. That represents a $8.39 jump from yesterday and roughly a $2,000 fall compared with one year ago.…

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Current price of Bitcoin for August 7, 2026
NewsSeptember 7, 20268 min read

Current price of Bitcoin for August 7, 2026

At 5:30 a.m. Eastern Time, the market price for a single Bitcoin (BTC) is $64,744.92. That’s a $235.07 jump from where it was trading yesterday morning and about $52,750 lower…

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Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
NewsSeptember 7, 202643 min read

Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’

When you think of Bill Ackman, you think of one of the most influential investors of all time. But a decade ago, Bill’s hedge fund Pershing Square looked like it…

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