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Breaking News: Markets

U.S. seeks 36-month sentence for ex-Binance CEO Changpeng Zhao

by Ev Richard
U.S. seeks 36-month sentence for ex-Binance CEO Changpeng Zhao

Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit …

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Categories Technology

CEO of Norway’s wealth fund issues warning over hot commodity markets

by Adrian Jhonsan
CEO of Norway’s wealth fund issues warning over hot commodity markets

Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images The chief …

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Categories World

WTI at $83 on hopes for interest rate cuts

by Milton Acorn
WTI at  on hopes for interest rate cuts

U.S. crude oil moved 1% higher to nearly $83 a barrel Tuesday on optimism that weak manufacturing data could accelerate interest rate cuts. U.S. manufacturing activity hit a four month …

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Categories Science

PepsiCo (PEP) Q1 2024 earnings

by Adrian Jhonsan
PepsiCo (PEP) Q1 2024 earnings

Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | …

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Categories World

A TikTok ban could be ultimate tailwind for Meta’s Facebook, Instagram

by Adrian Jhonsan
A TikTok ban could be ultimate tailwind for Meta’s Facebook, Instagram

Congress is inching closer toward a TikTok ban in the U.S. – offering another reason to stay invested in Club holding Meta Platforms after a year-and-half of strong stock gains. …

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Categories World

Trump set to get millions more Trump Media shares

by James Odonell
Trump set to get millions more Trump Media shares

Anna Barclay | Getty Images Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media Tuesday — an “earnout” bonus worth more than $1.25 …

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Categories Politics

Delta Air Lines gives staff another 5% raise, hikes starting wages

by Adrian Jhonsan
Delta Air Lines gives staff another 5% raise, hikes starting wages

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta on Dec. 22, 2021. Elijah Nouvelage | Reuters Delta Air Lines said it is …

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Categories World

WTI, Brent fall after Iran says no escalation

by Milton Acorn
WTI, Brent fall after Iran says no escalation

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf. Raheb Homavandi | Reuters Crude oil futures edged …

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Categories Science

Tesla shares slide, Li Auto sinks as EV makers slash prices

by Ev Richard
Tesla shares slide, Li Auto sinks as EV makers slash prices

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla shares sank in premarket trading on Monday, while China’s Li …

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Categories Technology

The cause of Super Micro’s 23% drop Friday? Go back to March 8

by Adrian Jhonsan
The cause of Super Micro’s 23% drop Friday? Go back to March 8

At law school, we learned about “proximate cause,” one of the few valuable concepts you can take from three years of drudgery. It’s about who and what caused the injury …

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Categories World
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