Business News
Donald Trump’s lossmaking social media company has become a magnet for fast-moving day traders, vying with Elon Musk’s Tesla and chipmaker Nvidia for their attention as politics moves up the agenda for retail investors. Trump Media & Technology Group, which operates Truth Social, has been among the three most-traded stocks on Interactive Broker’s platform for … Read more
Prediction markets had a breakout moment during the presidential election, when they proved to be more accurate than most opinion polls. So with various cryptocurrencies soaring since Donald Trump won the election, maybe prediction markets can accurately answer the question, “How high will Bitcoin go?” On the crypto-based Polymarket, where the so-called French whale netted … Read more
“It doesn’t matter to me if you live or die”—these were the chilling last words a father uttered to his teenage son before tragically taking his life. In a shocking incident in Bengaluru, a man named Ravi Kumar killed his 14-year-old son after a heated argument over the boy’s excessive mobile phone use and poor … Read more
(Bloomberg) — Michael Saylor’s unorthodox decision to hold Bitcoin instead of cash on MicroStrategy Inc.’s books has vaulted the once obscure software maker into the upper echelon of the wealthiest corporations when it comes to financial assets. Most Read from Bloomberg Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen. The … Read more
Nov. 16, 2024 12:09 PM ETTesla, Inc. (TSLA) Stock, DIS StockTPR, WDC, GSK, PFE, MU, MRK, MPWR, AZN, SMCI, VLKAF, SAVE, CPRI, ABBV, PLTR, VWAGY, MRNA, RIVN, RKLB, LCID, SHLS, HIMS, ULCCBy: Preeti Singh, SA News Editor Matteo Colombo U.S. equity market futures were down for the week, while the 10-year U.S. Treasury yield hit … Read more
Fox Business Briefs: Takata recalls 10 million more airbags and there are fears they may explode due to defective inflators. Takata filed for bankruptcy amid “the largest and most complex safety recall in U.S. history,” according to the National Highway Traffic Safety Administration (NHTSA). Not only did the recall cost the Japanese automotive parts company … Read more
PHILADELPHIA, Nov. 16, 2024 (GLOBE NEWSWIRE) — The law firm of Barrack, Rodos & Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in PACS Group, Inc. (NYSE: PACS), from April 11, 2024 through and including November 5, 2024 (the Class Period). WHAT’S THIS ABOUT?On November … Read more
Pyongyang has supplied Moscow’s army with long-range rocket and artillery systems, some of which have been moved to Russia’s Kursk region for an assault involving North Korean soldiers to push out Ukrainian forces, a Ukrainian intelligence assessment has found. In recent weeks, North Korea provided some 50 domestically produced 170mm M1989 self-propelled howitzers and 20 … Read more
While concerns were already swirling about Elon Musk’s involvement in the Trump administration, the first potential conflict of interest has popped up. Musk’s Department of Government Efficiency (which he runs with Vivek Ramaswamy) put out the call Thursday for “super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.” As appealing … Read more
Comedian Vir Das recently shared a heartfelt post about meeting an Indian scientist turned chauffeur in the US. On Instagram, he described his experience that touched the hearts of many. Das explained how he was picked up at San Jose airport by a black-lane driver who appeared a bit nervous. Sensing his unease, the comedian … Read more