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On Thursday, February 1st, U.S. stock markets closed higher, driven by anticipation of major earnings reports and the upcoming employment data. In economic data, U.S. initial jobless claims rose to 224,000 last week, exceeding the expected 212,000. At ...

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook underscored that its Alternative App Store proposal in response to the European Union's Digital Markets Act (DMA) would compromise the iPhone maker's privacy, security, and usability. What Happened: Apple’s CEO, ...

Kim Dotcom, founder and former CEO of the now-defunct file-sharing website Megaupload, claimed on Thursday that the revocation of Elon Musk‘s $56 billion pay package is part of an ongoing campaign by the Joe Biden-led government against the Tesla ...

During the fourth quarter 2023 earnings call on Thursday, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg expressed confidence in the future success of Threads despite its unexpected early popularity reportedly waning gradually. What Happened: ...

Major cryptocurrencies were seen trading higher at the time of writing. The global cryptocurrency market cap was up 2.1% at $1.72 trillion, according to Coingecko data. While Bitcoin and other major cryptocurrencies held steady, concerns over the ...

Despite the global smartphone market hitting its lowest levels in a decade and Apple Inc. (NASDAQ:AAPL) facing competition from Huawei Technologies's comeback in China, Tim Cook said that the iPhone 15 has been outselling its predecessor, the iPhone ...

Meta Platforms, Inc. (NASDAQ:META) announced on Thursday its initiation of a quarterly cash dividend, with a maiden dividend of 50 cents per share scheduled to be paid on March 26 to Class A and Class B shareholders of record as of Feb. 22. This ...

In a notable move on Thursday, Cathie Wood‘s Ark Invest acquired a substantial number of Tesla Inc (NASDAQ:TSLA) shares, valued at approximately $4.7 million. This purchase is part of a series of recent investments in the Elon Musk-led company, ...

Fierce discussions are taking place regarding the enactment of U.S. stablecoin legislation, according to Sen. Cynthia Lummis (R-Wyo.). The Senator remains hopeful about the possibility of the legislation being passed within the first half ...

Apple, Inc. (NASDAQ:AAPL) has been late to the artificial intelligence party, and so a mention of the technology by CEO Tim Cook in his prepared remarks on late Thursday’s earnings call got Deepwater Asset Management’s Gene Munster excited. The tech ...

The 2024 presidential election is less than 10 months away and voters could be faced with a rematch of the 2020 presidential election, which saw Joe Biden defeat Donald Trump to become the 46th president of the United States. National polls of ...

Editor’s note: This story has been updated with additional details from Apple’s first-quarter report. Apple, Inc. (NASDAQ:AAPL) reported first-quarter earnings and revenue Thursday that increased year-over-year and beat Street expectations. With ...

One of the top investing stories of 2021 was the short squeeze that took place with video game retailer GameStop Corporation (NYSE:GME). Retail investors took on hedge funds and short sellers in an epic David vs. Goliath battle. Fast-forward to 2024, ...

A recent wave of controversy surrounding college campuses and their responses to the war in Gaza is costing Ivy League universities some of their major donors. This week, billionaire Citadel CEO Kenneth C. Griffin, a top Harvard contributor, promised ...

Social media and technology company Meta Platforms (NASDAQ:META) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Meta Platforms reported fourth-quarter revenue of $40.11 billion, which ...

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On Thursday, the Biden administration took a significant step by imposing sanctions on four Israeli individuals, alleging their involvement in settler-related violence in the West Bank. An executive order, enacted by the U.S. administration, seeks to ...

Mortgage rates moved lower again last week, after rising in three of the previous four weeks. This will come as a welcome relief to the hundreds of thousands of homeowners and loan applicants, who followed Wednesday’s Federal Reserve outcome with ...

It is well known that Tesla Inc. CEO Elon Musk is a huge cryptocurrency proponent. From allowing customers to buy Tesla cars with Dogecoin (DOGE) to seemingly incessant support on social media, Musk has made his adoration for crypto known over the ...

Technology giant Apple Inc (NASDAQ:AAPL) unveiled its Apple Vision Pro augmented reality headset at WWDC 2023 in June of last year. With the device set for a public release on Friday, Feb. 2, Vanity Fair is sharing its cover story and sit-down ...