The co-founder of FTX, Sam Bankman-Fried, has seen his entire fortune of $16 billion wiped out, one of the biggest destructions of wealth in history.
According to a Bloomberg analysis, the IPO Access program has been a flop for investors so far.
Fidelity Investments is set to launch a commission-free cryptocurrency trading product for retail investors. The move is seen as a way to make digital assets more accessible to the masses.
The broker reported Wednesday that its net interest revenue surged 73% from the second quarter to $128 million in the third quarter. That helped its average revenue per user to once again tick higher, to $63 from $56.
Restaurant Brands (QSR) stock rose 4% in premarket trading after the company reported better-than-expected quarterly results. Same-restaurant sales jumped 14%, well above the 8.3% rise predicted by analysts surveyed by FactSet.