Crypto Profit Calculator
Calculate the potential profit/loss from your cryptocurrency investments.
Investment Management Tool
Loan Calculator
Mortgage Rate Calculator
A massive $3.4 billion bond sale backed by Rockefeller Center was completed on Thursday. This deal adds the famous New York City landmark to a wave of commercial mortgage-backed securities sold in 2024.
Equity Markets Rally Amid Positive Data, Soft Landing Anticipated
Market News
Stuart Kaiser, Citi’s head of equity trading strategy, reports that recent data has been “undoubtedly positive” for equity markets, fueling the current rally. He noted on “Bloomberg The Close” that the data suggests a “soft landing” is more likely than a “hard landing.”
EBRD and OFA Share ESG Best Practices at Canadian Finance Conference 2024
Market News
At the Bloomberg Canadian Finance Conference 2024, Isabelle Laurent from the EBRD and Elizabeth Wallace from the Ontario Financing Authority discussed their journeys in Environmental, Social, and Governance (ESG) practices. During their conversation with Bloomberg’s Melissa Shin, they shared valuable insights and best practices from their experiences. Laurent highlighted the EBRD’s commitment to sustainable investments and how they integrate ESG criteria into funding decisions. Wallace emphasized Ontario’s efforts to enhance transparency and accountability in financing while promoting sustainable development. Their discussion underscored the importance of collaboration and innovation in advancing ESG initiatives within the financial sector.
Leverage Strategies in Portfolio Design: Insights from CPP Investments
Market News
At the Bloomberg Canadian Finance Conference 2024, Manroop Jhooty, Senior Managing Director at CPP Investments, spoke with Derek DeCloet about his group’s inclination for leverage in their portfolio. Jhooty emphasized how this desire for leverage influences the overall portfolio design, balancing liquidity and public market exposures. He highlighted the strategic role these elements play in optimizing investment returns amid a dynamic financial landscape.
AWS Delays Launch of New Nvidia Blackwell Chip Systems Until 2024
Market News
Amazon Web Services, the leading cloud-computing provider, announced that new systems featuring Nvidia’s Blackwell chips are now expected to launch in early 2024, pushing back the original timeline. AWS CEO Matt Garman shared the update during an interview on Bloomberg Technology.
Jane Street Plans $4.35 Billion Debt Sale to Boost Trading Capital
Market News
Jane Street Group LLC is set to sell $4.35 billion in debt this Thursday. The firm is repricing an existing loan and introducing a junk bond to secure more capital for trading. This move marks Jane Street’s continued expansion into the fixed-income market.
Alabama Man Charged for Hacking SEC’s X Account Before Bitcoin ETF Decision
Market News
An Alabama man has been charged in connection with a January hack of the US Securities and Exchange Commission’s X account. This breach occurred just before the SEC’s expected decision on approving spot-Bitcoin exchange-traded funds.
UK Targets Russian Shadow Fleet Tankers Over Insurance Concerns
The UK has announced that three government bodies are collaborating to challenge Russian oil tankers, specifically targeting those with questionable insurance coverage. This move aims to ensure compliance with international regulations and curb practices perceived as illicit.
Otsuka Holdings Explores Sale of Stake in MicroPort Scientific Corp.
Otsuka Holdings Co. is exploring options for its stake in MicroPort Scientific Corp., which is listed in Hong Kong. This includes the possibility of selling its investment in the medical device company, according to sources close to the matter.
European Stocks Rise as Central Bank Cuts Rates Again
European stocks rose further today following the European Central Bank’s expected second consecutive rate cut. The technology sector also stabilized after experiencing two days of losses.
Oman’s Energy Company Secures $2 Billion in Historic IPO
Oman’s state energy company has successfully raised $2 billion through the initial public offering of its exploration and production business. This marks the largest listing in the country’s history.