Tuesday, April 5, 2022

FTX makes a "significant" investment in stock exchange IEX, made famous by Michael Lewis' "Flash Boys"; IEX represented 2.7% of US equities volume in March (Bloomberg)

Bloomberg:
FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis' “Flash Boys”; IEX represented 2.7% of US equities volume in March  —  Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...