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Wealth
admin November 22, 2024

Crypto investor pays $6 million for a banana โ€” and plans to eat it

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of...

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News
admin November 22, 2024

Gap shares surge as it raises guidance, touts ‘strong start’ to holiday

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better-than-expected results, leading it to raise its annual guidance for a third time this year. Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal...

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Investing
admin November 22, 2024

Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook

Thomas Trutschel | Photothek | Getty ImagesThe board of Acurx Pharmaceuticals on Wednesday approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.Shares of the company were last lower by more than 6% after spiking about 8% in premarket trading."As demand for bitcoin grows, and...

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