Lahore, Pakistan, December 20th, 2024, ChainwireO.XYZ, the leading decentralized Super AI project, announces the launch of OSOL100, a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme...
Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked...
Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday.The personal consumption expenditures price index, the Fed's preferred inflation gauge, showed an increase of just 0.1% from October. The measure...
Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx –...
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble.KIRILL Kudryavtsev | AFP | Getty ImagesRussia's central bank on Friday unexpectedly left its...
A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. Benoit Tessier | ReutersFedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery...
Singapore, Singapore, December 20th, 2024, FinanceWireFBS, a leading global broker, unveils its latest analysis of cryptocurrency market trends for 2024 and predictions for 2025. FBS analysts explore how pivotal events have shaped the digital finance landscape and identify emerging opportunities for the coming year.A Closer Look at 2024According to...
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant's better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in...
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly's Mounjaro and weight loss drug Zepbound is no longer in shortage ....
Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on "how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs," at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024. Andrew Caballero-Reynolds | AFP...
Lahore, Pakistan, December 20th, 2024,...
Check out the companies making...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
An organization representing investment advisors is pushing the SEC to calibrate its regulations so that they don’t pose an outsize burden for small advisors. The Investment Adviser Association has filed a petition with the SEC asking it to amend its definition of a small advisor. Currently, the SEC deems an...
Sarah Paulson’s business is unlike most financial advisories because of two things it doesn’t have: an asset minimum and an office. Both of those details were a consequence of the pandemic, Paulson said. Early in the Covid days, she was working as a trust officer at Associated Bank. “I wasn’t really...
United Auto Workers President Shawn Fain speaks with the media and union members outside the UAW Local 900 headquarters across the street from the Ford Assembly Plant in Wayne, Michigan, Sept. 15, 2023.Matthew Hatcher | AFP | Getty ImagesDETROIT – The United Auto Workers strike is bringing a blue-collar...
Short term treasury yields have risen to levels too high for wealth managers to ignore. Maybe that’s why they are ignoring municipal bonds instead. Treasury yields from one month through 2 years up the curve have eclipsed 5% at last check thanks to the past year’s steady diet of Federal...
Shoppers at a Chicago grocery store on Aug. 9, 2023.Scott Olson | Getty ImagesInflation has continued to take a bite out of Americans' wallets in 2023. But onetime predictions that a recession is on the horizon are instead now turning into forecasts of a soft landing for the U.S....
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023.Michael B. Thomas | Getty ImagesCheck out the companies making headlines in midday trading.General Motors, Ford, Stellantis — Shares of Ford rose slightly, while General Motors gained 1%...
