Sotheby's

Non-fungible tokens have risen in value and popularity throughout 2021. One item that has brought more awareness and support to the larger projects are the big auction houses selling individual NFTs or lots of NFTs. A huge NFT auction was held over the last week, bringing more attention to...

One of the hottest NFT projects is the Bored Ape Yacht Club. The massively successful non-fungible token collection is the subject of an upcoming Sotheby’s auction that includes a lot of 101 Bored Apes sold together. What Happened: Sotheby’s will auction off two lots of NFTs during...

Since 1744, auction house Sotheby’s has been known as a seller of famous artwork and luxury items. The company is dipping its toes in the NFT space with a well-known digital artist. What Happened: Sotheby’s announced a collaboration with leading digital artist Pak. Well-known as a...

A flawless 14.83-carat pink Russian diamond has been sold at Sotheby's in Geneva, Switzerland for $26.6 million — a record price for a purple-pink stone.  The name of the bidder was not disclosed.  The diamond, called “The Spirit of the Rose," was discovered in the...

Smartlands, a Benzinga Global Fintech Awards nominee that specializes in the issue of asset-backed digital securities, signed a cooperation agreement with U.K. Sotheby’s International Realty, a global estate agency network, over the experimental tokenization of luxury real estate. "...

U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...

This weekend in Barron's online: a panel discussion on emerging markets, the outlook for Brazil, a contrarian play on commodities, as well as the prospects for Sotheby's, Alibaba, State Bank Financial, Wabco and more. Cover Story "The New World of Emerging Markets" by Reshma Kapadia. In this week's...

U.S. markets managed to squeeze out small gains in lighter than normal volume, as geopolitical tensions may be calming down. Russia President Vladimir Putin said that the country will coordinate with the International Red Cross to send humanitarian aid to Ukraine. Meanwhile, Palestinians and...

U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...

In Sotheby’s (NYSE: BID) earnings conference call, investors were shocked by the how expensive it was to cut a deal with Dan Loeb. Sotheby’s and Dan Loeb have been feuding as he battled to take over and reform the auction house. The company used its poison pill provision to keep Loeb from...

Sotheby's (NYSE: BID) and Third Point Capital reached an agreement Monday morning that will allow Dan Loeb and two other nominated individuals, Olivier Reza and Harry Wilson, to join the board of directors. Third Point Capital, the largest shareholder of the company, sued Sotheby's after it...

Here is a preview of what earnings to expect for the week starting November 11. While Cisco Systems (NASDAQ: CSCO), Dish Network (NASDAQ: DISH) and Viacom (NASDAQ: VIAB) are expected to post earnings growth when they report quarterly results this week, the focus really will be on retailers like...