KMD Brands announces 1-for-25 share consolidation
KMD Brands (ASX:KMD) will execute a 1-for-25 share consolidation to reduce its total shares to approximately 72 million.
KMD Brands (ASX:KMD) will execute a 1-for-25 share consolidation to reduce its total shares to approximately 72 million.
CONNEQT Health (ASX:CQT) lodged an FDA pre-submission package for its SphygmoCor Cloud medical software to seek US clearance.
The New South Wales Government has delivered a $435 million cost-of-living relief package for motorists and commuters.
Matt Cole, CEO of Strive, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto."
Bloomberg's Madison Muller and Amanda Mull break down a rising black-market trend in the 'wellness' space, as customers look for more shots to fix issues like sleep or weight following the success of GLP-1s. However, Muller says that the drugs carry a risk, whether it's using a non FDA tested substance or user error around the injection itself.
Gino LoPinto, who runs the highest grossing nightclub per square foot in the United States explains that the World Cup serves not only as a global sporting event but also as a significant economic catalyst for the hospitality industry. The conversation emphasizes how Miami's nightlife and hospitality sectors are benefiting from the influx of visitors, with the nightclub playing a key role in driving revenue during the tournament. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, said that while the US has made 'unprecedented' moves to invest billions of dollars in rare earths infrastructure to compete with China, it is still a long term process as investment grows and technology gets more advanced.
Julie Coker, President and CEO of the New York City Tourism and Conventions Bureau, discussed the significant influx of visitors to the New York City area following the Knicks' NBA championship win and the kickoff of the World Cup on June 11. She noted that the city has seen a substantial increase in foot traffic from both domestic and international visitors, frequenting bars, restaurants, and traveling to nearby New Jersey for matches. She speaks with Romaine Bostick & Isabelle Lee on "The Close."
Bloomberg's Anna Irrera joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Bank of England has scrapped plans to limit how much firms and households can hold in UK stablecoins and instead introduced a temporary £40 billion ($52.8 billion) cap for the total issuance of each coin.
Bloobmerg's Katherine Doherty joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Former New York Governor Andrew Cuomo is starting a second act: Helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets.
Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The World Cup is turning prediction markets into a public ledger of million-dollar bets, exposing big wins and dramatic losses as the tournament attracts more money to the fast-growing industry.
Chad Tredway, Global Head of Real Estate at JPMorgan Asset Management, discussed the impact of the AI cycle on the real estate sector during a live financial news segment. While not directly investing in data centers, Tredway highlighted opportunities in the surrounding infrastructure and real estate that support AI operations. He speaks with Romaine Bostick & Isabelle Lee on "The Close."