Business News
Palantir Tech’s $140 Billion Market Cap Gain Is Driven By Trump’s Victory And Higher Defense Spending Hope – Is The Stock Overvalued? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Palantir Technologies Inc (NYSE:PLTR) has witnessed a big surge in market value, adding over $23 billion … Read more
Check out what’s clicking on FoxBusiness.com. Wireless electric vehicle (EV) charging is coming to a Southern California university’s streets with a hefty price tag that taxpayers are footing much of the bill for. The University of California, Los Angeles (UCLA) is partnering with CALSTART and Electreon Wireless, Inc. to implement the charging infrastructure part of … Read more
By Kevin Yao BEIJING (Reuters) – Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus to mitigate the impact of expected U.S. tariff hikes on the country’s exports. The ambition to sustain a growth pace that seemed difficult to reach … Read more
Doug Bauer, chief executive of publicly traded homebuilder Tri Pointe Homes, expects “a pretty robust spring selling season” after what feels like two years of depressed existing home sales—and, more recently, hesitation among buyers and sellers amid mortgage rate volatility before the presidential election. In an interview with CNBC yesterday, Bauer explained that the demand for … Read more
U.S. prosecutors charged Gautam Adani with allegedly orchestrating a $250 million bribery scheme, plunging the Indian tycoon’s empire back into crisis just as it was recovering from earlier allegations of fraud by short-seller Hindenburg. The charges allege that Adani and other defendants promised bribes to Indian government officials to secure solar energy contracts. They also … Read more
(Reuters) – Indian shares are likely to have a subdued start on Thursday, with attention on Adani Group following the indictment of its billionaire chairman in New York over his involvement in an alleged multibillion-dollar bribery and fraud scheme. The Gift Nifty futures were trading at 23,539.5, as of 08:09 a.m. IST, indicating that the … Read more
First Trust Senior Floating Rate Income Fund II declares $0.097 dividend
Check out what’s clicking on FoxBusiness.com. Lauren Sanchez kept it brief when responding to questions about her wedding planning with Amazon founder Jeff Bezos during an interview on the “Today” show. Sanchez, an Emmy-winning journalist and vice chair of the Bezos Earth Fund, appeared on the program to promote the recent $110 million donation she … Read more
(Reuters) – Elon Musk’s Neuralink said on Wednesday it has received approval to launch its first clinical trial in Canada for a device designed to give paralysed individuals the ability to use digital devices simply by thinking. The brain chip startup said the Canadian study aims to assess the safety and initial functionality of its … Read more
Most analysts on Nvidia’s earnings call focused their questions on the rollout of the AI chip leader’s next-generation Blackwell platform, as well as topics like the company’s margins and supply chain. But there are massive Donald Trump-sized questions hanging over the semiconductor industry, however, and CEO Jensen Huang did field one inquiry about what the … Read more