Warner Bros. Discovery (WBD) stock rose over 1% in premarket trading on Thursday after the company reported strong streaming results in the third quarter. But revenue missed expectations as the …
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Cryptocurrency News
Moderna reports surprise profit on higher-than-expected COVID vaccine sales
by skolnesBy Patrick Wingrove (Reuters) – Moderna (MRNA) reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of its COVID-19 vaccine, even with low revenue from …
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Billionaire Jeff Yass Sold 61% of Susquehanna’s Stake in Palantir and Is Piling Into Another Headline-Grabbing Artificial Intelligence (AI) Stock
by skolnesOver the last two years, there’s not been a hotter trend on Wall Street than the rise of artificial intelligence (AI). In Sizing the Prize, the analysts at PwC predict …
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Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
by skolnesTOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 …
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By Selena Li, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – More U.S. financial firms may pull back from China, hive off local units to minimise risks or pause …
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(Bloomberg) — Asian shares rose, following their US peers higher, as investors positioned for a second Donald Trump presidency and an expected Federal Reserve interest-rate cut. Most Read from Bloomberg …
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These 5 billionaires were the biggest net-worth winners today as stocks surged
by skolnesANGELA WEISS/AFP The world’s richest people saw huge wealth gains as stocks rallied after the election on Wednesday. The biggest gainers include Elon Musk, Larry Ellison, and Warren Buffett. Stocks …
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iStock; BI Bond yields surged after Trump’s reelection, which could impact the rate consumer borrowers get on loans. The 10-year Treasury yield rose 18 basis points, and the 30-year bond …
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3 post-election reasons why stocks will rise into year-end, Goldman says
by skolnesGetty Images; Jenny Chang-Rodriguez/BI The S&P 500 can add to record highs through year-end with Trump headed to the White House, Goldman says. The end of political uncertainty will bring …
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Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and …