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.
Maintaining interest rates at 4% for a prolonged period may be sufficient to tame inflation, two European Central Bank officials said a day after borrowing costs were raised for what markets and economists think was the last time. “We believe that with the latest increase the level of interest rates,...
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in the oil-rich emirate. Lunate, which will start operations later this year, will manage the funds of...
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023.Michael Wayland / CNBCDETROIT – The United Auto Workers union plans to strike three U.S. assembly plants of General Motors, Ford Motor and Stellantis, UAW President Shawn Fain...
State securities regulators continue to resist Finra’s efforts to allow brokerages to conduct online supervision of branch offices. The state regulators’ organization, the North American Securities Administrators Association, has been a consistent opponent of the Financial Industry Regulatory Authority’s proposal to establish a voluntary three-year pilot program for remote inspections. The...
A forthcoming ETF suite is aiming at the crossroads of two investing trends currently having their moments: single-stock products and covered-call strategies. That appears to be the heart of the Rex IncomeMax ETFs — a line of 17 funds, each of which gives the covered-call treatment to a specific security....
United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023.Rebecca Cook | ReutersDETROIT – The United Auto Workers union is preparing to conduct unprecedented, targeted strikes against Ford Motor,...
General Motors CEO Mary Barra talks with reporters following a meeting with lawmakers from Michigan and Ohio at the U.S. Capitol June 05, 2019 in Washington, DC.Chip Somodevilla | Getty ImagesDETROIT – General Motors is attempting to avoid a looming strike by the United Auto Workers union through a...
