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Search resuls for: "HOF Capital"


3 mentions found


CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street lowerU.S. stocks closed lower Monday taking a breather from a rally sparked last week after the Federal Reserve stuck to its rate-cut forecast. Trump Media to start tradingThe company behind former President Donald Trump's social media platform Truth Social, will start trading on Tuesday. Called Trump Media & Technology Group Corp., it will trade on the NASDAQ under the stock ticker symbol DJT. That's according to David Dietze, managing principal and senior portfolio strategist at Peapack Private Wealth Management.
Persons: Dow, Bitcoin, Jane Street, Donald Trump's, Trump, David Dietze Organizations: CNBC, Federal Reserve, Nasdaq, Investment, HOF Capital, Ford Foundation, Fidelity . Trump Media, Trump Media & Technology Group Corp, NASDAQ, Nvidia, Wealth Management Locations: UAE, Britain, China, Beijing
Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million, according to a filing submitted late Friday to a Delaware court. That group is purchasing nearly $500 million worth of Anthropic shares. Multiple sovereign wealth funds were reportedly clamoring for a piece of FTX's Anthropic stake. Jane Street's head of quantitative research, Craig Falls, has also proposed to personally buy around $20 million worth of shares. Should it be approved, the sale would collectively account for nearly two-thirds of FTX's shares in Anthropic.
Persons: Jane Street, Sam Bankman, Fried, Caroline Ellison, Jane Street's, Craig, John Dorsey Organizations: Investment Co, United, United Arab Emirates, CNBC, Alameda Research, Venture, HOF Capital, Ford Foundation, Fidelity Management Locations: Delaware, United Arab, Saudi Arabia, UAE, Craig Falls, Anthropic
Series, a fintech startup that aims to simplify finance and operations management for enterprises, has raised $25 million in fresh funds. The San Francisco-based company, founded in 2021, enables enterprises to handle a vast array of business departments from a single platform. Series' platform allows companies to manage areas including payments operations, business-to-business payments, payroll, HR, and treasury management. Series has raised $25 million across pre-seed and seed funding which it did using a pitch memo in Notion, an increasingly common form of attracting investor attention. Series most recent funding round closed earlier this year and the fresh capital has gone towards hiring as it looks to grow out its 30-strong team.
Persons: Brexton Pham, Kleiner Perkins, Rob Lowe Organizations: Hustle, One Ventures, Caffeinated, Wischoff Ventures Locations: San Francisco, HOF Capital
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