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Category: Economy

Okta shares pop 18% on earnings beat, strong guidance
Economy

Okta shares pop 18% on earnings beat, strong guidance

December 4, 2024

Okta shares soared Tuesday after the company reported strong third-quarter results. ...

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’
Economy

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’

December 4, 2024

Intel shares fell 6% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger. ...

Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
Economy

Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market

December 4, 2024

The announcement came shortly after the BOK held an emergency board meeting. ...

Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Economy

Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance

December 4, 2024

Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance. ...

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
Economy

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

December 2, 2024

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its…

Intel CEO Pat Gelsinger ousted by board after disastrous performance
Economy

Intel CEO Pat Gelsinger ousted by board after disastrous performance

December 2, 2024

Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. ...

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Economy

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation

December 2, 2024

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling." ...

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Economy

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

December 2, 2024

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.…

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Economy

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83

December 2, 2024

Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's…

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Crypto World

1
Analyst Reports, Banking, Business, Cryptocurrency, Cybersecurity

Fraud and Cybercrime of Hollycorn N.V. and Softswiss

May 9, 2025May 9, 2025

Overview of the Slots Gallery Casino Online Scam The Slots Gallery Casino Online is a fraudulent platform that is part of a larger network of deceptive gambling sites managed by Hollycorn N.V. and powered by…

2
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

3
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

4
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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