Just-In: US Labor Shock Raises Rate Cut Bets, Bitcoin Still Down
US employers announced a sharp rise in job cuts in October, adding new pressure on the Federal Reserve ahead of its December policy meeting on rates. It was the highest…
Gasoline tanker boarded by pirates off Somalia; 24 crew members safe
A product tanker flying the Maltese flag was boarded by pirates off the coast of Somalia, according to a Reuters report on Thursday. The vessel’s manager confirmed that the 24 crew…
Tesla stock tanks over 2%: why investors are feeling jitters today?
Tesla stock was jittery in early trade Thursday, with investors bracing for the company’s most consequential shareholder meeting in years.The stock tanked over 2% to trade at around $452. The…
Ripple Secures $500M Funding Led by Fortress and Citadel Securities After Record Growth
Ripple has secured $500 million in new funding at a $40 billion valuation after reporting its strongest year to date. The round was led by Fortress Investment Group and Citadel…
McDonald’s stock rise despite earnings miss as value deals boost sales
McDonald’s Corp. shares edged higher on Wednesday even after the fast-food giant missed Wall Street’s earnings and revenue forecasts for the third quarter. Investors appeared encouraged by stronger-than-expected comparable sales…
Nvidia stock staging a mini comeback after Tuesday’s fall: buy, sell or hold?
Nvidia stock was staging a modest comeback early Wednesday, as the chipmaker sought to recover from Tuesday’s 4% decline amid mounting concerns over artificial intelligence valuations and renewed uncertainty about…
Yum Brands begins strategic review for struggling Pizza Hut chain
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for…
Dogecoin Price Risks 20% Crash as Death Cross Aligns With Falling DOGE ETF Inflows
Dogecoin price retreated today, Nov. 4, reaching its lowest level since October 11, as the crypto market crash gained steam. It dropped to a low of $0.1600, down 47% from…
Analysis: oil market faces hefty surplus despite OPEC+ pause and Russian supply disruptions
The Organization of the Petroleum Exporting Countries and allies offered yet another surprise at their last meeting over the weekend. The cartel was expected to raise production for December, and it…
AMD stock price forecast: It may crash after its earnings
The AMD stock price has been in a strong bull run and is hovering at a record high as investors waited for the latest financial results, which will provide more…