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Recent Posts

  • Hedge funds boost U.S. equities with largest buying since December 2021- Goldman Sachs
    May 19, 2025
  • Equity positioning sees significant rise, Deutsche Bank says
    May 19, 2025
  • Exclusive-Trump Organization explores plan for tower in Ho Chi Minh City, Vietnam document shows
    May 19, 2025
  • November 18, 2024

Alex Jones-affiliated company challenges the Onion's Infowars purchase

By Dietrich Knauth NEW YORK (Reuters) -A losing bidder connected to conspiracy theorist Alex Jones challenged on Monday the Onion's purchase of Jones' Infowars website, saying the...

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  • November 18, 2024

Exclusive-Medicaid fuels US coverage of Novo, Lilly weight-loss drugs

By Chad Terhune (Reuters) - U.S. government health plans account for the lion's share of coverage for popular new weight-loss drugs, far beyond the reimbursement available from...

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  • November 18, 2024

S&P 500 extreme bullish position poses risk to upside over coming weeks: Citi

The rally in the S&P 500 has coaxed many into chasing the market higher, taking futures positioning in the index to extreme bullish levels and potentially limiting...

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  • November 18, 2024

Goldman Sachs looking to spin out its digital assets platform

(Reuters) -Goldman Sachs is exploring options to spin out its technology platform housed under its digital assets business, the Wall Street bank said on Monday. Plans for the new...

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  • November 18, 2024

Judge reduces UPS driver's $237.6 million bias verdict to $39.6 million

By Jonathan Stempel (Reuters) - A federal judge reduced a $237.6 million jury award against United Parcel Service to $39.6 million in the case of a Black former driver who...

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  • November 18, 2024

VDC Rises as Investors Eye Walmart, Target Holidays

Consumer ETFs have momentum leading into the holiday shopping season.

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  • November 18, 2024

New York to impose $9 congestion fee in Manhattan starting Jan. 5

By David Shepardson (Reuters) -New York City's Metropolitan Transportation Authority voted on Monday to implement a $9 congestion mitigation charge for driving in Manhattan...

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  • November 18, 2024

MicroStrategy makes record bitcoin purchase for $4.6 billion

- MicroStrategy Incorporated (NASDAQ:MSTR) added 52,000 bitcoins to its portfolio worth $4.6 billion over the last week, marking the largest purchase in the company's...

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  • November 18, 2024

Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

(Reuters) -Chipmaker Wolfspeed (NYSE:WOLF) said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges from slowing demand for electric...

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  • November 18, 2024

Tesla and AMD Lead as Market Cap Stock Movers on Monday

Monday's market has seen notable fluctuations with stocks like Tesla Motors (NASDAQ:TSLA) and Advanced Micro Devices (NASDAQ:AMD) experiencing significant gains, while Uber...

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