The resilient U.S. stock market is on track to close the week on a positive note as futures pointed to a modestly higher open on Friday, with the small-cap space potentially leading the upside. Earnings reactions have largely been negative, and oil ...
Donald Trump took away more than 99% of the votes in the Nevada Republican caucus held Thursday, while his lone credible opponent Nikki Haley fared poorly in the primary elections held in the state on Tuesday. Despite her weak standing against Trump, ...
Chinese stocks have staged a notable recovery in recent sessions, buoyed by speculations of potential government interventions to bolster the struggling market. On Thursday, an analyst suggested that a bullish upswing might be on the horizon, basing ...
In a recent survey conducted by JPMorgan, a significant majority of institutional traders have indicated their disinterest in trading cryptocurrencies over the next five years.
What Happened: The survey, which was part of the bank’s 2024 e-Trading ...
Elon Musk has been pushing X as a more video-friendly platform, and now World Wrestling Entertainment Inc. (NYSE:WWE) has struck a deal to showcase five-minute wrestling matches on the erstwhile Bird platform.
What Happened: The WWE and X announced ...
While the Biden administration celebrates victory over inflation and the Federal Reserve has begun to acknowledge inflation is downward trending, an economist on Thursday dismissed the notion more a wish than a reality.
What Happened: Economist and ...
German customs officials have been confiscating Apple Inc.'s (NASDAQ:AAPL) first-generation mixed reality headset Vision Pro devices from travelers who are unaware of the import tax, leading to fines and potential year-long waits for the return of ...
Former President Donald Trump has clinched victory in Nevada’s Republican presidential caucuses, securing all 26 of the state’s delegates.
What Happened: Despite a new state law mandating a primary election, the Nevada GOP opted to carry out their own ...
The price of cocoa has doubled in the past year, reaching an all-time high and potentially leading to a surge in chocolate prices.
What Happened: The cost of cocoa has doubled over the past year, with the most active futures contract reaching $5,600 a ...
Mark Zuckerberg continues to offload Meta Platforms, Inc. (NASDAQ:META) stock at an astonishing rate following the social media giant’s eye-popping rally on stellar fourth-quarter financial results.
What Happened: In the latest regulatory filing, Meta ...
Rep. Jaime Raskin (D-Md.) made a distinction between President Joe Biden‘s handling of classified materials and that of former President Donald Trump.
What Happened: Raskin, the top Democrat on the Oversight Committee, appeared on CNN to discuss the ...
On Thursday, Cathie Wood-led Ark Invest purchased over $40 million worth of shares in Pinterest Inc (NYSE:PINS), despite the social media platform’s recent fourth-quarter earnings miss.
The Pinterest Trade
The firm purchased 989,792 shares of ...
The price of Bitcoin (CRYPTO: BTC) has surged above $45,000 for the first time since the introduction of Bitcoin exchange-traded funds (ETFs) in January. This development has sparked predictions of a potential $50,000 push.
What Happened: The price of ...
Nearly two months after receiving a vague response from the Drug Enforcement Administration on cannabis scheduling, Rep. Earl Blumenauer (D-OR) is demanding answers. On Thursday, he sent another letter to DEA Administrator Anne Milgram, expressing ...
A group of community leaders and law enforcement officials have teamed up to express their opposition to legalizing recreational marijuana in Hawaii. Their concerns? The illicit market and increased crime.
Honolulu Prosecutor Steve Alm said two recent ...
Jack Sweeney, a University of Central Florida student, first gained national attention through his social media accounts tracking Elon Musk’s private jet usage. Musk responded by suspending Sweeney’s Twitter account, saying that doxxing real-time ...
Artificial intelligence is increasingly used by asset managers to help assess risk and make portfolio choices. And there’s at least one institutional investor who believes he’s hit on a model that can routinely beat benchmark indices.
Doug Clinton, ...
Millions of dollars will be gambled on Super Bowl LVIII. While most of that money will go toward predicting a winner between the San Francisco 49ers and the Kansas City Chiefs, an exorbitant amount of cash will be at stake for various parlays and prop ...
Special Counsel Robert Hur‘s investigation into President Joe Biden‘s handling of classified documents culminated Thursday without the filing of criminal charges, despite findings of willful retention and disclosure of sensitive military and national ...