FTX Group said Friday it has launched voluntary Chapter 11 bankruptcy proceedings in the United States and that its CEO has resigned, marking a stunning downfall for one of the biggest and most powerful players in the crypto industry.
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| News: What you need to know about the markets | | | | | | FTX begins bankruptcy proceedings in the United States as CEO resigns
| | FTX Group said Friday it has launched voluntary Chapter 11 bankruptcy proceedings in the United States and that its CEO has resigned, marking a stunning downfall for one of the biggest and most powerful players in the crypto industry. Read more » | | | Larry David predicted FTX's implosion
| | Larry David made a prediction about this week's crypto meltdown that was prettaaay prettaaay good. Read more » | | | Lose big on crypto? Here's how to reduce the sting
| | Even before the crypto exchange FTX imploded this week, shaking the foundation of the digital asset world, crypto investors had been having a volatile, loss-inducing year. They watched the price of their digital assets plummet, then recover somewhat, then fall again. Read more » | | | What's next for crypto as FTX collapse triggers 'Lehman moment'?
| | The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for cover. Read more » | | | FTX begins bankruptcy proceedings in the United States as CEO resigns
| | FTX Group said Friday it has launched voluntary Chapter 11 bankruptcy proceedings in the United States and that its CEO has resigned, marking a stunning downfall for one of the biggest and most powerful players in the crypto industry. Read more » | | | Wall Street picks hope over reality... again
| | Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected. Investors broke out their party hats as they interpreted the report to mean that peak inflation may finally be behind us. That means the Federal Reserve could be less aggressive with its rate hikes. Read more » | | | | | | | | | |
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| | | +32.49 | | +209.18 | | +36.56 | | 33,747.86 | | 11,323.33 | | 3,992.93 | | +0.10% | | +1.88% | | +0.92% | | YTD -7.13% | | YTD -27.62% | | YTD -16.22% | | | |
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| Biggest Winners | | VF Corp | +11.39% | | | | Ralph Lauren Corp | +9.36% | | | | Tapestry Inc | +8.70% | | | | Cooper Companies Inc | +7.38% | | | Biggest Losers | | NORTHROP GRUMMAN CORP | -7.32% | | | | Huntington Ingalls Industries Inc | -6.79% | | | | L3harris Technologies Inc | -6.10% | | | | Cigna Corp | -6.04% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $88.90 | +2.43 / +2.81% | | | Gold | $1,772.80 | +19.10 / +1.09% | | | 10-yr | 3.81% | -0.02 | | | Euro | $1.04 | +0.02 / +1.68% | | |
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