Federal Reserve Chair Powell testifying on interest rate cuts and inflation concerns
From CNBC: Federal Reserve Chair Jerome Powell continues his congressional testimony on the economy and monetary policy. Powell expects interest
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NVIDIA offers 24-hour access to GeForce NOW with new game additions and updates
From NVIDIA: Experience the ultimate in cloud gaming with Day Passes offering 24-hour access to GeForce NOW without a monthly
Cigna limits annual spending increase on weight loss and diabetes drugs
From CNBC: Cigna plans to expand coverage for weight loss drugs, like Novo Nordisk’s Wegovy, by limiting annual spending increases
ECB President Lagarde to address unchanged interest rates, lowered growth forecast, and inflation expectations.
From CNBC: European Central Bank President Christine Lagarde is set to hold a press conference today after policymakers decided to
NYCB lost 7% of deposits, slashed dividend to 1 cent
From CNBC: New York Community Bank (NYCB) lost 7% of its deposits before securing a $1 billion-plus capital injection from
Coinbase stock benefiting from strong cryptocurrency sector performance, offering profitable opportunity before the weekend.
From Nasdaq: Cryptocurrency trading platform Coinbase (NASDAQ: COIN) is benefitting from the sector’s strong performance, with COIN stock securing gains
United Airlines is expanding its international service to Morocco, Colombia, and China, catering to premium leisure travelers.
From CNBC: United Airlines is expanding its international service by offering flights to Marrakesh, Morocco, and Medellin, Colombia, along with
American Express (AXP) raises dividend by 16.7% to 70 cents per share
From Nasdaq: American Express (AXP) announced a 16.7% increase in its dividend to 70 cents per share from 60 cents,
Invest in Polkadot and Coinbase for potential benefits from Web3 revolution.
From Nasdaq: Web3 aims to replace the centralized nature of Web2, offering a freer and more personalized online experience. This
Asia markets mixed, Fed may cut rates, Europe and US up
From Nasdaq.: Asia-Pacific markets closed mixed, with Hong Kong, Japan, and China down while India, South Korea, Australia, and Taiwan
US futures rise as tech stocks lead the way, Powell reiterates possible rate cuts
From Yahoo Finance: US stock futures rose on Thursday ahead of the second day of testimony from Federal Reserve Chair
Analysts explain why stock market is not in a bubble, despite high valuations and concentration.
From CNBC: Wall Street is not in a bubble despite the heavy concentration on expensive AI-focused tech stocks. S&P 500
Investors await European Central Bank's interest rate decision under Christine Lagarde's leadership.
From NBC Right Now: Investors eagerly await a decision on interest rates from the European Central Bank under Christine Lagarde’s
The New York Times sues OpenAI and Microsoft for using its articles to train AI
From Columbia Journalism Review.: The New York Times filed a lawsuit against OpenAI and Microsoft, alleging that OpenAI used Times
Lithium stocks face uncertainty after price slump, but analyst bullish on certain companies.
From Morningstar: Lithium stocks face uncertainty in 2024 after a 2023 price slump due to oversupply. Analyst Seth Goldstein is
Nationwide to acquire Virgin Money, creating the second-largest provider of mortgages and savings in UK.
From Morningstar: Nationwide Building Society has preliminarily agreed to buy Virgin Money UK for £2.9 billion in a deal that
Global stocks near record highs with Fed Chair Powell reassuring on policy-easing plans, leaving investors optimistic.
From Bloomberg.: Global stocks hovered near record highs as investors awaited news from the Bank of Japan regarding a possible
Hugo Boss stock drops 18% due to low sales outlook
From CNBC: Shares of Hugo Boss plummeted 18% after warning of potential failure to meet 2025 sales target due to
Investors draw parallels between Nvidia's AI chip boom and historic tech bubbles
The technology sector is witnessing a frenetic surge in interest around Nvidia’s Artificial Intelligence (AI) chips, drawing parallels to the
Pullix (PLX) leading DeFi sector, approaching all-time high, gaining investor attention; positive.
From Investing.com: Pullix (PLX) is leading the bull market in the cryptocurrency world, approaching its all-time high of $69K. Internet
Successful completion of initial offering for artwork; 75% subscribed, trading set to commence.
From GlobeNewswire: Art Share 002 S.A. has successfully completed the initial offering on Francis Bacon’s iconic artwork ‘Three Studies for
Geopolitical tensions hit Hong Kong stocks, causing biotech firms to plunge
From South China Morning Post: Hong Kong stocks slipped as a US Senate committee advanced a bill targeting Chinese biotech
Earnings for S&P 500 members up, tech sector driving growth, positive outlook for Apple, Amazon.
From NASDAQ.: Total earnings and revenues for 338 S&P 500 members are up by +5.5% and +3.7% from last year.
Elon Musk offers to drop lawsuit against OpenAI if they change name to 'Closed AI'.
From Hindustan Times: Elon Musk has offered to drop his lawsuit against OpenAI and Sam Altman if the company changes
Fed Chair Powell signals rate cuts, triggering market reactions, potential rise in gold prices.
From Investing.com: Federal Reserve (Fed) Chair Jerome Powell indicated certainty in cutting interest rates this year during his testimony before