Tag: NYSE

Silvergate begins NYSE delisting process as it readies to cut 230 staff

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The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital has disclosed. In a May 11 filing to the United States Securities and Exchange Commission, Silvergate Capital said 230 staff will be “separated” starting May 12. The NYSE also suspended trading in its stock, with delisting to commence “shortly.” A year-to-date chart of Silvergate Capital’s share price shows a nearly 93% price drop since the start of 2023. Source: Google Finance After…

Coinbase is ‘a major on-ramp and off-ramp’ to blockchain development: Analyst

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Coinbase #crypto #yahoofinance JMP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live anchors Rachelle Akuffo and Seana Smith to discuss the collapse of the FTX-Binance deal and ensuing crypto market collapse, what’s the next for investors, Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that…

NYSE delists Twitter shares following Elon Musk acquisition

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Social media giant Twitter was officially acquired by Elon Musk on Oct. 27 in a deal that saw a war of words, a court battle and some firings right away. Musk acquired the social network platform at $54.2 per share price, bringing the total value of the deal close to $44 billion. Musk is also taking the company private as part of the deal resulting in the delisting of the company’s stock and taking it out of the hands of public shareholders. Almost 9 years after being listed on the…

Coinbase stock: Q3 is ‘not looking too great,’ analyst says

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Coinbase #yahoofinance #crypto Wells Fargo Managing Director Jeff Cantwell joins Yahoo Finance Live to discuss the crypto winter, Coinbase stock, the impacts of government regulation on crypto, rising competition, user declines, and the outlook for the crypto space. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you…

Coinbase reports technical difficulties amid crypto volatility

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Yahoo Finance reporter David Hollerith explains how the bitcoin sell-off is impacting operations at Coinbase. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence.…

NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition – Bitcoin News

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According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will Purchase Twitter at the Original Asking Price It seems Elon Musk is planning to follow through with his deal to acquire Twitter (NYSE: TWTR) after he wanted to drop the deal over a lack of information concerning automated accounts known as bots. The news follows…

Crypto bear market offers ‘good opportunity to build’: Valkyrie Funds CEO

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #crypto #bearmarket #cryptocurrency Valkyrie Funds CEO Leah Wald joins Yahoo Finance Live anchor Julie Hyman to discuss bitcoin falling below $21,000, the crypto sell-off, bear markets, and the outlook for the cryptocurrency market. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo…

Coinbase pauses Ethereum transactions

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #coinbase #ethereum Coinbase will pause deposits and withdrawals of Ethereum and Ethereum-built cryptocurrencies during the cryptocurrencies merge and transition from proof-of-work to proof-of-stake. This segment aired on August 16, 2022. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With…

Exxon is mining bitcoin to slash emissions

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #shorts #Exxon #bitcoin Fuel giant ExxonMobile is using excess gas flares at their plant in North Dakota to mine bitcoin in an attempt to slash carbon emissions. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage…

SEC claims ethereum could trigger securities laws after merge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #SEC #ethereum #yahoofinance Yahoo Finance’s David Hollerith joins the Live show to discuss ethereum’s merge, the SEC declaring it could have control over the blockchain, and crypto mining. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription…