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Thu, Apr 25, 2024
8:00 pmWhy ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.
7:03 pmDow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.
1:00 pmBarclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul
12:57 amDeutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.
3:52 amNvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.
Wed, Apr 24, 2024
11:40 pmNvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.
7:24 pmJPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.
2:18 pmKlarna scores major payment deal with Uber ahead of hotly anticipated IPO 
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany and Sweden. 
1:41 pmU.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.
5:09 amChina may have to brace for a new wave of bond defaults, S&P says
China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.
2:08 amChina's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Tue, Apr 23, 2024
12:51 amWalmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail.
10:31 amPhilippines orders removal of Binance from Google and Apple app stores
The Philippines' Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.
Mon, Apr 22, 2024
4:44 pmConsumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.
3:25 pmHere's where the world's top 0.001% are putting their money, according to wealth experts
There are about 28,420 centimillionaires globally, largely concentrated in New York City, the Bay Area, Los Angeles, London and Beijing.
Sat, Apr 20, 2024
12:00 am'Big change' in global growth is bullish for commodities including copper, says VanEck CEO
VanEck CEO Jan van Eck thinks the commodities' rally has more room to run.
8:51 amIf you’re investing in the AI theme for the long haul, here’s how to pick the winners
The excitement behind artificial intelligence is far from over. How to make smart decisions when investing behind the trend.
Fri, Apr 19, 2024
1:25 amChina's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.
Thu, Apr 18, 2024
11:32 pmTSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world's largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.
2:44 pmNational Park Week is coming up — and that means free entry for visitors
Visitors get free admission to all national parks on April 20.
1:50 pmWhy semiconductors could be the most efficient artificial intelligence play
High demand and a competitive moat could position AI chipmakers for lasting outperformance, experts say.
12:38 amGlobal police agencies take down massive scam website that defrauded thousands of victims
Britain's Metropolitan Police said in a statement Thursday that the LabHost website was used by 2,000 criminals to steal users' personal details.
Wed, Apr 17, 2024
5:05 pmWall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Tue, Apr 16, 2024
10:18 pmRegional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
9:09 pmK-pop stocks have sold off this year, but Goldman sees a turnaround
The K-Pop market is 'misunderstood', says Goldman Sachs, and it is on track for further growth in its global fanbase
7:27 pmFed Chair Powell says there has been a 'lack of further progress' this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
5:15 pmMorgan Stanley tops expectations on wealth management, trading and investment banking results
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?
4:03 pmWho should pay for the first date? Dating coaches and a couples therapist weigh in
Dating experts say the man in heterosexual couples should generally pay the check.
2:23 pmWatch Fed Chair Powell speak live during a policy forum in Washington
Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian Economy.
1:29 pmBank of America tops estimates on better-than-expected interest income, investment banking
Bank of America on Tuesday reported first-quarter earnings that topped analysts' estimates for profit and revenue.
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