Warrington in the News Articles: page 3
It’s no secret that Warrington faculty are internationally renowned for their innovative research. The media looks to our scholars for insights and impactful news. See below where our faculty are featured in the news.
Hut 8 is going all in on big names, buzz and a high-risk, trendy business strategy. Will it work—or blow up in its face? Jay Ritter shares his insights.
It was Canada’s biggest bitcoin miner. Now it’s betting big on the Trumps
The Logic
Trump Media & Technology Group, the owner of social-media network Truth Social, on Tuesday disclosed plans to issue $1.5 billion worth of new stock and $1 billion in convertible notes, with the proceeds to be invested in Bitcoin. Jay Ritter comments.
DJT stock rebounds slightly. Trump’s control of Truth Social weakens
Barron's
Markets rejoiced this week over news that the Trump administration, after six weeks of maximalist rhetoric, had struck a preliminary deal with China to lower tariff rates between the two countries. But the celebration may be premature, industry insiders, foreign diplomats and market experts said, telling The Times that Silicon Valley will face strong headwinds in the months ahead — the makings of a perfect storm of uncertainty that could still tip the U.S. economy into recession. Subhajyoti Bandyopadhyay, George W. and Lisa O. Etheridge, Jr. Professor, comments.
Despite a trade truce with China, Silicon Valley is not out of the woods
The LA Times
The IPO market seems to be thawing, at least for now. Jay Ritter shares his insights in this story.
What fresh signs of life in the IPO market mean for Goldman Sachs
CNBC
The fintech industry has been a center of IPO activity over the last few months. Chime will follow eToro, a stock and crypto trading platform that debuted Wednesday at $69.69 a share. Jay Ritter’s data informs this story.
eToro Soars in Trading Debut and Chime Files to Go Public. They Are Latest Test of Fintech IPO Market.
Barron's
The IPO spigot is beginning to flow, with eToro just out of the gate, but might the new cohort be too old to produce blockbuster returns? Research data from Jay Ritter informs this story.
IPOs return without returns
Axios
Dominari surged after bringing on Eric Trump, Donald Trump Jr. It’s part of lucrative pattern they’ve embraced since election. Jay Ritter provides insights.
A Tiny Bank in Trump Tower Is Enriching the President’s Sons
Bloomberg
Australia’s finance industry is beset by a raft of compliance lapses — from data reporting breaches to trader misbehavior. Heat on the nation’s largest banks harks back to a period when a yearlong inquiry into misconduct revealed rampant wrongdoing in 2019. Financial penalties for corporate misconduct tend to be lower in Australia compared to the US and some European countries. Jay Ritter comments.
Bad Trader Behavior, Short-Sale Breaches Stalk Australian Banks
Bloomberg
Mobile-app stock and digital-currency company eToro is set to go public Wednesday after a huge rally in stocks. Jay Ritter, who specializes in IPOs, said other deals are likely if the eToro IPO generates a solid gain in its debut later this week.
Crypto broker eToro’s upsized IPO to test the waters for stock-market newcomers
MarketWatch
DraftKings, the company that sparked the sports SPAC craze in 2020, still stands as the best of the blank-check sports deals. Whether you consider SPACs part of the meme stock madness of the pandemic or just another cyclical market mania, DraftKings’ success nevertheless helped the sector boom: During 2020 and 2021, some 466 SPACs held IPOs, according to data from the University of Florida’s Jay Ritter, who tracks IPOs.