Finance

CZ’s Family Office Deepens Stake in Ethena Labs as USDe Stablecoin Supply Tops $13B

CZ’s Family Office Deepens Stake in Ethena Labs as USDe Stablecoin Supply Tops $13B

YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao and Yi He, which was rebranded from Binance Labs, has expanded its position in Ethena Labs, the protocol b...

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Dow, S&P 500, Nasdaq futures see slight pullback from week of record highs for major gauges

Dow, S&P 500, Nasdaq futures see slight pullback from week of record highs for major gauges

US stock futures edged lower Sunday evening as traders caught their breath following a milestone week that saw the Dow Jones Industrial Average and S&P 500 notch fresh all-time highs. Dow futu...

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‘We Want to Become a Super App and Provide All Types of Financial Services’

‘We Want to Become a Super App and Provide All Types of Financial Services’

Brian Armstrong, a co-founder and the CEO of Coinbase (COIN), said in an interview on Friday that Coinbase’s long-term goal is to be a financial “super app,” offering crypto alongside a broad rang...

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Analysts Push Cisco’s Target Price Higher

Analysts Push Cisco’s Target Price Higher

Analysts have been increasing their target prices for Cisco, Inc. (CSCO) based on management’s guidance. Shorting out-of-the-money (OTM) CSCO put options could be a good strategy here. CSCO...

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Murdoch in US buyer group for TikTok, says Trump

Murdoch in US buyer group for TikTok, says Trump

Rupert Murdoch’s son Lachlan (right) is also expected to be part of the group – David Paul Morris/Bloomberg Rupert Murdoch and his son Lachlan are expected to be part of the US consorti...

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