Cantor Fitzgerald has a convertible bond with Tether, incoming Commerce Secretary Howard Lutnick said at his confirmation hearing, confirming previous reporting by The Wall Street Journal that
Cantor Fitzgerald raised the firm’s price target on Atlassian (TEAM) to $304 from $264 and keeps a Neutral rating on the shares. Atlassian
Howard Lutnick, CEO of Wall Street brokerage firm Cantor Fitzgerald, did not address policy specifics in his written testimony for the Senate Commerce Committee seen by Reuters. As commerce secretary, Lutnick is to have "additional direct responsibility" for the U.S. Trade Representative's office.
Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.
Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.
Cantor Fitzgerald Chief Executive Officer Howard Lutnick is widely seen as having a clear path to Senate confirmation as Commerce secretary, Bloomberg's Sridhar Natarajan says on "Bloomberg Open Interest.
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Oracle (ORCL – Research Report), Nvidia (NVDA –
Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex network of financial holdings on Friday as he prepared to face scrutiny from lawmakers during a confirmation hearing next week.
Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)
KLA Corp. (KLAC) stock rose over 2% at market open on Friday after reporting a fiscal second-quarter earnings beat that prompted a slew of price hikes from Wall Street. The semiconductor equipment maker posted earnings per share (EPS) of $8.
WASHINGTON (Reuters) - The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump's nominee to lead the Commerce Department, the agency that has become a key U.S. tool in its efforts to constrain China's tech sector.
The pendulum is fast moving back in favour of business as the incoming US president fills the world’s most powerful economic roles.