INVS08

Exclusive: Goldman Sachs on the hunt for cheap crypto firms after FTX fiasco

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LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars buying or investing in crypto companies after the FTX stock market crash hit valuations and chilled the market. interest of investors. The FTX implosion has increased the need for more trusted and regulated cryptocurrency players, and big banks see … Read more

Wall St slips as services data spooks investors over Fed rate hikes

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U.S. service sector activity picks up in November Tesla cuts Shanghai factory production plan for December – sources All S&P 500 sectors pull back, with energy stocks hit hard Indices down: Dow 1.4%, S&P 1.79%, Nasdaq 1.93% Dec 5 (Reuters) – U.S. markets ended lower on Monday as investors spooked by better-than-expected data from the … Read more