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Moelis & Company Class A News

PayPal Officially Pulls Out of Facebook's Libra Cryptocurrency Network

The move had been rumored earlier this week, PayPal made it official Friday.

Bitcoin Kicks Off The Week Near the $11,000 Mark

Bitcoin kicks off the week near $11,000 on Monday amid what appears to be a sustained recovery for the cryptocurrency.

Facebook Libra: Five Questions for the World's Newest Cryptocurrency

Facebook Libra: Five questions facing the social media group's bold plan for a global cryptocurrency that could reach more than 2.4 billion customers.

Facebook Extends Gains, Bitcoin Tops $9,300, Amid Cryptocurrency Launch Reports

Facebook shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform cryptocurrency.

Jim Cramer: What to Watch in the Markets, Boeing's Trust Issues and Facebook

Jim Cramer breaks down what investors need to know about the markets, whether or not Boeing is to be trusted following NBC and Wall Street Journal's survey, and Facebook's push into cryptocurrency.

Breaking News

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Feds Could Stop Trump SPAC Deal

An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.