Jefferies Stock Tumbles After Earnings Miss. It Could Be an Ominous Sign.

Analysts had expected that Jefferies would deliver profits of $1.34 a share. Instead, profits were $1.20 per share. 


 
For Chinese Tech Stocks, No News Is Good News

Shares in major Chinese technology companies jumped, adding to a recent rebound that suggests some investors see good value in the sector after a bruising 2021. 


 
Venture Capital Funding Doubles in 2021, Smashing Records

Global venture funding soared to $621 billion last year, up from $294 billion invested in 2020, according to a new report from the research firm CB Insights. 


 
TransUnion Brings Credit Data Checks to Crypto Lending

The credit-reporting firm will let consumers give blockchain companies access to their personal credit data through Spring Labs' ky0x Digital Passport. 


 
Big Banks Band Together to Measure and Manage Climate Risk

A group of large banks, including Bank of America, Wells Fargo and Royal Bank of Canada, have formed a consortium to jointly address climate-related risks, a move that comes as financial institutions increasingly grapple with the issue. 


 
Turks Pile Into Bitcoin and Tether to Escape Plunging Lira

Cryptocurrencies are embraced in Turkey and parts of the developing world where government economic policies are met with significant distrust. 


 
Checkout.com Scores $40 Billion Valuation in Latest Share Sale

The $1 billion deal vaults the digital-payments processor past all but a handful of other startups. 


 
Owl Ventures Raises Over $1 Billion in New Money for Edtech Bets

The pandemic has jolted demand for remote learning and edtech platforms, while the 'reskilling' of workers has also underpinned the sector. Investors have taken notice. 


 
Is Inflation a Microeconomic Problem? That's What Biden's Competition Push Is Betting

Efforts to boost the economy's supply side such as in meat and shipping might underplay bigger forces, such as excess demand. 


 
Stock Market Normality Returns, and It Hurts

The three ways that the market seems to be returning to normal after its pandemic unruliness, plus one possible change in its long-term pattern.

(END) Dow Jones Newswires

01-12-22 1115ET