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The Venezuelan government has reportedly put an end to its official cryptocurrency, the Petro. But what was the Petro? And why did it fail to solve the country's 359.99% inflation rate in 2023? The Petro: A Failed Experiment Venezuela may have become ...

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. The bulls were running on Wall Street this week as all three major indexes finished higher. The S&P 500 Index, tracked ...

Electric vehicle stocks fell across the board yet again in the week that ended on Jan. 19 as the broader market weakness in the first half of the week and negative sentiment toward the sector generated weakness. Market leader Tesla, Inc. (NASDAQ:TSLA) ...

Elon Musk's X (formerly Twitter) has allegedly been promoting the first directly posted video on the platform by Jimmy Donaldson, popularly known as MrBeast.  What Happened: Last weekend, MrBeast, a well-known YouTuber, posted a video titled  "$1 Car ...

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The U.S. Securities and Exchange Commission (SEC) has opened the floor for public input regarding a Nasdaq proposal, which seeks to enable options trading on BlackRock's (NYSE: BLK) spot Bitcoin (CRYPTO: BTC) ETF. The public comment period, set to ...

The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years since its previous peak. Major tech stocks led ...

One of the largest office buildings in the world is going solar, a move that could help provide a boost in interest in solar stocks. What Happened: While clean energy continues to be a topic among politicians, investors and analysts, the sector saw ...

Cathie Wood is standing firm in her support for Bitcoin (CRYPTO: BTC) despite a 5% weekly decline, tweeting that the apex crypto is backed by the world's largest computer network. What Happened: The Ark Invest CEO remains unfazed by sliding Bitcoin ...

Jeff Sommer, a weekly finance columnist for the New York Times, doesn’t seem to like bitcoin ETFs. Joke’s on him, though, because everyone else seems to.Up-to-date info isn’t available, but it’s now known that investors have poured at least $1.9 billion in

Top Stories for Jan. 19, 2024: 1. The boron and lithium company 5E Advanced Materials, Inc. (NASDAQ: FEAM) announced that it selected Fluor Corporation as its engineering, procurement and construction services provider. The company will lead 5E’s ...

China’s overseas travel has never significantly recovered since the COVID-19 pandemic. Although the country lifted all pandemic measures over a year ago, foreign tourism remained substantially lower than pre-pandemic levels. Data from aviation ...

Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT. A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department ...

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The S&P 500 Index, a widely-followed gauge of the U.S. stock market, achieved a fresh all-time high Friday. The index reached a level of 4,826 during intraday trading, surpassing previous peak levels seen over two years ago on Jan. 4, 2021. Similarly, ...

Few people in modern history have fallen faster than FTX Trading Ltd. Founder Sam Bankman-Fried, who went from a financial genius to a federal prisoner when his cryptocurrency exchange failed. Perhaps the most obvious reminder of that for ...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) received an upgrade from Stifel analyst Jeffrey A. Stantial. The move comes amid the NFL playoffs and ahead of Super Bowl LVIII. The DraftKings Analyst: Stantial upgraded shares of the Boston-based ...

The S&P 500 index, up 0.7%, hit 4,819 points at 1:13 p.m. ET in New York, breaking the prior record highs of two years ago. Bulls are back in control of Wall Street, with technology stocks also extending all-time highs, driven by companies linked to ...

Iran and Pakistan have indicated their joint willingness to de-escalate tensions between the neighboring countries, with both foreign ministers engaging in a telephone conversation on Friday to discuss the matter. The historically rocky relationship ...

As Starbucks Corp (NASDAQ:SBUX) heads closer to reporting its first quarter earnings on Jan. 30 after market hours, analysts have begun assessing the company to update their investment stance. Starbucks stock is down over 10% over the past year, ...