Alibaba Group Holding Ltd (NYSE:BABA) faces multiple challenges at the micro and macro levels. The company is set to lose one of its top AI experts Zhou Chang, an algorithm engineer known for his work on the Tongyi Qianwen large…
Worldcoin (CRYPTO: WLD) has experienced a substantial 40% price increase following an announcement by Tools for Humanity (TFH) regarding an extension of token lockup periods for early contributors. What Happened: This news has sparked renewed interest in Worldcoin, which aims…
Crypto Bitcoin Breaks $63K As Institutional US Investors Start Stocking Up Digital Asset: Analysts Say Possibility Of A Further Rebound Is Open Notorious North Korean Hacker Group Lazarus Suspected Of Laundering $35M From The Infamous $305M DMM Bitcoin Heist Prominent…
SPDR S&P 500 Index (NYSE:SPY) and Invesco QQQ Trust Series (NYSE:QQQ) sit near all-time highs. But restaurant stocks have struggled to keep up with the overall market. Invesco's Food & Beverage ETF (NYSE:PBJ) is down around 2% year-to-date compared to…
Amazon, Inc. (NASDAQ:AMZN) founder Jeff Bezos sold more shares of the e-commerce giant, a late-Tuesday filing by the company with the SEC showed. What Happened: Bezos reported three tranches of stock sales, two of which were done on Monday and…
Paramount Global (NASDAQ:PARA) shares are trading higher after the company inked a definitive merger deal with Skydance Media to form “New Paramount” at an enterprise value of about $28 billion. The merger offer represents a 48% premium over the price of…
Former House Speaker Nancy Pelosi (D-Calif.) disclosed in a filing with Congress last week that she sold 2,500 Tesla, Inc. (NASDAQ:TSLA) shares on June 24 and the value of the transaction was indicated as $250,001-$500,000. Pelosi, whose trades invariably come…
Bank of America Corp (NYSE:BAC) stock hit a new 52-week high of $40.96 on Tuesday, continuing its impressive run. The firm’s stock is up 40.17% over the past year and 21.56% year-to-date. It has outpaced both the S&P 500 and…
Eli Lilly and Company (NYSE:LLY) has hit a new 52-week high, climbing to $915.54 during Friday trading. The stock is up a remarkable 97.38% over the past year and 55.32% year-to-date, fueled by groundbreaking collaborations and bullish technical indicators. Eli…
The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: In a blog, Hougan argues that spot Ethereum ETPs are likely…
