Tag: New York

Novo Nordisk, J.B. Hunt, and Qorvo are shaking up the stock market today with their impressive movements. Let's dive into the details of what's causing these shifts and what it means for investors.Novo Nordisk...

Citibank Customers Face Fraud Alerts and Account Access ProblemsCitibank customers across the United States found themselves in a tough spot on Wednesday as they encountered a wave of fraud alerts and difficulties accessing their...

**Top 9 Questions for Upcoming Financial Earnings Report**In a highly anticipated event, Wall Street's prominent financial giants, including Wells Fargo, Goldman Sachs, and BlackRock, are gearing up to release their fourth-quarter earnings report on...

Midday Stock Movers: Red Cat Holdings, Rigetti Computing, Honda & MoreIn a whirlwind of activity on Wall Street, several key players have caught the attention of investors today. Red Cat Holdings, Rigetti Computing, and...

Federal Reserve Faces Lawsuits from Major Banks Over Stress TestsA group of major banks, including JPMorgan, Citigroup, and Goldman Sachs, along with various business groups, have taken legal action against the Federal Reserve over...

Unlocking the Potential: BlackRock's ETF Leader Forecasts AI's Growth Beyond ImaginationBlackRock, a leading investment management firm, is predicting significant growth in the artificial intelligence (AI) sector by 2025. Jay Jacobs, the firm's U.S. head...

UnitedHealthcare CEO Slaying Suspect Possibly Took Bus from Atlanta to New YorkClosed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing.Source: NYPDPolice are racing against time to identify the suspect wanted...

BlackRock Acquires HPS Investment Partners for $12 Billion in Private Credit ExpansionBlackRock, the world's largest asset manager, has announced its acquisition of HPS Investment Partners for a staggering $12 billion in stock. This move...

Art Cashin, Iconic Wall Street Figure, Passes Away at 83Art Cashin, the legendary director of floor operations at the New York Stock Exchange for UBS, has sadly passed away at the age of 83....

In the realm of space exploration, the growing threat of cyberattacks poses a significant challenge to the safety and integrity of critical space infrastructure. From spacecraft to satellites, these systems are vulnerable to increasingly...

As the holiday season approaches, more and more retailers are rethinking the size of their stores to cater to changing consumer needs and behaviors. Ikea, known for its large big box stores, has recently...

GE Vernova, a spinoff of General Electric, is on a mission to deploy small nuclear reactors globally over the next decade. The company's small modular reactor, the BWRX-300, is designed to reduce the cost...

Bitcoin's price has been on a remarkable journey in November, with a nearly 40% increase that has brought it close to the $100,000 mark. This surge in price can be attributed to a variety...

The holiday season is approaching, and with it comes a unique twist this year based on the results of the 2024 presidential election. Many Americans are reevaluating their holiday spending plans based on their...

As the holiday season approaches, retailers are gearing up to attract shoppers looking for party outfits, makeup, toys, and other discretionary items. However, not all retailers are reaping the benefits of the festive season....

Artificial Intelligence (AI) has the potential to revolutionize the U.S. healthcare system and reduce the country's fiscal deficit, according to economists at the Brookings Institution. The economists suggest that AI could have a significant...

Shares of major global semiconductor equipment companies saw a significant increase on Thursday following reports that the U.S. is considering imposing sanctions on China's chip industry that may not be as strict as previously...

Generative artificial intelligence (GenAI) technology has been making waves in Silicon Valley, promising exciting new gadgets and gizmos for consumers. However, the reality is that many of these devices have not lived up to...

Inflation has increased to 2.3% annually, hitting the Federal Reserve's preferred target as reported by the Commerce Department on Wednesday. The personal consumption expenditures price index, which is the Fed's preferred measure of inflation,...

Unusual Machines, a small U.S. drone and drone component maker, experienced a significant surge in its share price of over 90% in premarket trading following the announcement that Donald Trump Jr. had joined its...

A permanent ceasefire between Israel and Lebanon's Hezbollah is set to begin on Wednesday, ending a yearlong conflict. President Joe Biden announced the deal, brokered by France and the U.S., emphasizing that it is...

Federal Reserve officials recently discussed the state of the economy and the labor market during their November meeting, as reflected in the meeting minutes released this week. They expressed confidence that inflation is gradually...

President-elect Donald Trump announced on his social media platform that he plans to increase tariffs by an additional 10% on all Chinese goods entering the U.S. He also stated that his first executive order...

After President-elect Donald Trump announced his pick for Treasury secretary, Scott Bessent, the U.S. stock market and bond markets reacted positively. Bessent, the founder and CEO of Key Square Group LP, is a well-known...

Bitcoin has hit a new all-time high, surging past the $99,000 level for the first time. This increase comes as investors are speculating on the possibility of a second term for Donald Trump as...

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its stock value. The company attributed part of this setback to...

Adani Group, a prominent company in India, has recently faced serious allegations of bribery and fraud by U.S. authorities. The chairman of the group, Gautam Adani, has strongly denied these claims, stating that they...

The recent victory of President-elect Donald Trump has led to concerns about the U.S. imposing new tariffs, causing economists to predict that the euro could reach parity with the dollar by 2025.Following Trump's win,...

Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is expected to take around a year, with an official announcement...

Global markets took a hit on Tuesday as tensions between Russia and the U.S. continued to escalate. The Stoxx 600 stock index in Europe dropped nearly 1%, while futures tied to the Dow Jones...

Super Micro Computer Inc., a server manufacturer, has recently appointed BDO as its new auditor in an effort to regain compliance with the Nasdaq exchange. This decision comes after the company fell behind in...

Warner Bros. Discovery has decided to end its pursuit of owning a package of live NBA games in the U.S. for the 2025-26 season and beyond. This decision comes after settling all legal disputes...

Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that operations will continue as normal, allowing them to book tickets...

European Space Startup Raises $160M for Reusable Astronaut CapsuleA European space startup called The Space Exploration Company (TEC) has successfully raised $160 million to further develop its innovative reusable capsule named Nyx. This capsule...

President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy, based in Denver, is an oilfield services company with a...