On the fifth day of bitcoin exchange-traded funds, the market gave to us, three funds with more than one billion dollars in assets under management out of the 11 that won regulatory approval for a stock market listing. Despite being slapped with more than $2.2 billion in net outflows, the Grayscale Bitcoin Fund (GBTC) remains the largest bitcoin ETF on the market by a significant margin with $23 billion in AUM. In second place is BlackRock Inc (NYSE:BLK)'s iShares Bitcoin trust (IBIT) with $1.2 billion in A ...

Shares in Boeing edged lower again after another plane built by the Virgina-based business hit mechanical problems. Boeing has been under a cloud for the past two weeks after a cabin door panel blew out of one of its new range of 737 Max 9s, prompting a new grounding for the jet. This latest incident occurred in an #Atlas Air Boeing 747-8 cargo plane, which made an emergency landing at Miami International Airport (MIA) on Thursday night following an engine malfunction. The incident occurred shortly after ta ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Pre-orders are officially live for Apple Inc (NASDAQ:AAPL, ETR:APC)’s Vision Pro headset, meaning the consumer technology megacap will get its first taste of demand for the $3,500 augmented reality device. Much is riding Apple’s first major hardware release in nine years, which has come at a testing time for the Silicon Valley giant. Sluggish iPhone sales in China – Apple’s third-largest market – have weighed on Apple’s share price, although recently released data from the International Data Corporation (ID ...

Group 1 - Proactive Investors specializes in providing fast, accessible, and informative business and finance news content to a global investment audience [1][2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [2] Group 2 - Proactive is committed to adopting technology to enhance content creation and workflow efficiency [2] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [2]

Europe’s antitrust watchdog is set to block Amazon's US$1.7 billion bid to acquire iRobot Corporation (NASDAQ:IRBT), the maker of Roomba robotic vacuums, according to sources familiar with the matter. Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) met with competition officials from the European Commission on Thursday, where it was informed that the deal was likely to be rejected. The formal approval from the commission's top leaders is still pending, but historically, such decisions align with the recommendation of ...

JPMorgan Chase & Co (NYSE:JPM)'s Jamie Dimon was paid $36 million last year, a 4% rise.  The compensation package included a $1.5 million base salary and a substantial bonus, primarily in stock, and was reward for another stellar year for the US bank, in which it booked a record profit of almost $50bn. Alongside Dimon, other top executives at JPMorgan also saw salary increases. Daniel Pinto, the bank's president, received a 5% hike to $30 million, while Jennifer Piepszak and Marianne Lake, co-heads of consu ...

Google, owned by Alphabet Inc (NASDAQ:GOOG), has started the construction of a new £789 million (US$1 billion) data centre in the UK, as announced at the World Economic Forum in Davos. The facility will be situated on a 33-acre site in Waltham Cross, Hertfordshire, which Google acquired in October 2020. The search engine giant emphasised that the data centre will accelerate artificial intelligence (AI) growth and ensure reliable digital services for Google Cloud customers and users in the UK. The heat gener ...