Shares of clinical contract research organization Medpace Holdings, Inc. (MEDP) are down more than 10% Tuesday morning at $132.7 despite first-quarter earnings topping estimates. Monday, the company reported net income of $61.3 million, or $1.69 per share in the first quarter, compared with $43.3 million, or $1.14 per share in the same quarter a year ago. The consensus estimate of […]

Fidelity Investments will allow U.S. citizens to add bitcoin to 401k retirement accounts later this year. The change brings much more exposure to bitcoin and could spur a new wave of adoption. ETFs are also helping bitcoin make more progress with getting into the mainstream. Fidelity Investments is now allowing its clients to add bitcoin investments to its 401(k) accounts. […]

The Texas State Securities Board (TSSB) issued an emergency cease-and-desist order against a virtual casino firm and its two co-founders. The action was brought jointly with the Alabama Securities Commission to stop the firm from selling non-fungible tokens or NFTs. The order accuses Sand Vegas Casino Club, Martin Schwarzberger and Finn Ruben Warnke of illegally offering NFTs to fund the […]

A recent survey released by the National Bureau of Economic Research (NBER) reported that bitcoin has not been well received in El Salvador. Eight months since El Salvador’s Bitcoin law came into effect, the adoption of the benchmark cryptocurrency remains patchy. El Salvador’s Wild Bitcoin Experiment Is ‘Crumbling‘ 2021 turned out to be historic for bitcoin after El Salvador became […]

Earnings releases helped restore sentiment in stock markets, haunted by a series of macroeconomic concerns. Many Asian and European stock barometers recovered in Tuesday’s trade, even as Chinese benchmarks Shanghai Composite and Shenzen Component plunged to two-year lows. American stock futures struggled for momentum are slightly below the flatline, portending losses on opening. Fears of the pandemic’s fallout on the […]

Shares of Blackboxstocks Inc. (BLBX) are down more than 3% Monday morning at $4.21. The company offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. Today, the company announced a joint venture with crypto trading software provider CoinRoutes to deliver proprietary analytics and trading execution platform for the […]

Shares of Cango Inc. (CANG) are up more than 20% Monday morning at $2.85. The Chinese automotive transaction service platform on Friday, after closing the market, declared a special dividend of $1 per ADS to be paid on June 15 to shareholders of record as on May 25. Further, the company announced its decision to buy back shares worth up […]

Shares of Twitter, Inc. (TWTR) are rising almost 5 percent in pre-market on Monday on reports that the microblogging site’s board is set to accept an offer of $54.20 per share from Tesla founder and billionaire Elon Musk as early as Monday. Musk made the non-binding proposal to acquire all of the outstanding common stock of Twitter not owned by […]

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