In a recent development, the proposed $30 billion antitrust settlement by Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) to limit credit and debit card fees for merchants is now in danger of being rejected. What Happened: U.S. District Judge Margo…
A new survey has shed light on a rising trend of financial confidence among Americans. The results particularly highlight the younger generations’ inclination towards starting their investments at an earlier age. What Happened: Over 60% of Americans feel they are…
A Tesla, Inc. (NASDAQ:TSLA) analyst predicts a potential 5% drop in the stock price if shareholders vote down CEO Elon Musk‘s controversial $56 billion pay package. What Happened: Toni Sacconaghi, an analyst at Bernstein with an “Underperform” rating on Tesla…
Earlier this week, former President Donald Trump made a surprising move by joining TikTok, the social media platform he once sought to ban. His account has amassed more than 5 million followers, surpassing the Joe Biden campaign’s following. In a significant shift in the…
AMC Entertainment Holdings, Inc (NYSE:AMC) stock is trading lower Friday, like other popular retail trader stocks, also called the ‘meme stocks,’ in sympathy with GameStop Corp (NYSE:GME). GameStop reported worse-than-expected first-quarter earnings and filed a prospectus to sell up to…
Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) is on the offensive, rapidly advancing its AI capabilities despite market noise and competitive pressures. Following impressive showcases at Google I/O and Google Marketing Live (GML), the company is pushing boundaries in generative AI, aiming to…
Emails from Nvidia Corp (NASDAQ:NVDA) staff indicate that Tesla Inc (NASDAQ:TSLA) CEO Elon Musk redirected 12,000 H100 GPUs initially allocated for the car company to X, his social media company. The move reportedly pushes back Tesla’s supercomputer development. What Happened:…
On Monday, Airplane maker Boeing Co (NYSE:BA) shares are trading higher after a Reuters report that said its executives are unlikely to face criminal charges over the fatal crashes in 2018 and 2019 that resulted in the deaths of 346…
Nobel Prize-winning economist Paul Krugman has consistently expressed optimism about cooling inflationary pressures. His recent declaration that the “inflation bump is over” was quickly followed by positive Personal Consumption Expenditure (PCE) data. What Happened: In a post on X Thursday…
Robinhood Inc. (NASDAQ:HOOD) announced the launch of its Crypto Trading API, a tool aimed at experienced crypto traders in the United States. What Happened: This API allows users to programmatically access Robinhood Crypto’s features, potentially enhancing their trading experience. By…