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Financial Market News

JPMorgan remains unimpressed despite Supermicro’s ambitious guidance

Samik Chatterjee, an analyst at JPMorgan, remains bearish about Super Micro Computer…

Ronald Dupree Ronald Dupree February 12, 2025
Financial Market News

US consumer prices rise 0.5% in January, and inflation is now at 3%

The US inflation rate rose higher than anticipated in January. This reinforced…

Chad McAuley Chad McAuley February 12, 2025
Economic News

PayPal will be surpassed by another payment network in 2024

Zelle claims that the volume of its peer-to–peer platform will surpass $1.0…

Shelly Davidson Shelly Davidson February 12, 2025
Financial Market News

CVS stock rises 10% as company beats revenue estimates despite insurance cost pressures

CVS Health, NYSE: CVS (CVS), reported earnings for the fourth quarter that…

Michelle Whelan Michelle Whelan February 12, 2025
Cryptocurrency News

A man pleads guilty to hacking the official SEC X account and falsely claiming that regulator had approved Bitcoin ETFs

A man from Alabama has pleaded guilty for hacking into the U.S.…

Ronald Dupree Ronald Dupree February 12, 2025
Financial Market News

Heineken shares surge 12% after company beats profit estimates and announces buyback

Heineken shares rose 12% Wednesday, after the Dutch beer giant announced better…

Ronald Dupree Ronald Dupree February 12, 2025
Economic News

DeepSeek’s breakthrough in China fuels tech stocks rallies from BYD to Alibaba

The Hang Seng Tech Index has risen more than 25 percent from…

Ronald Dupree Ronald Dupree February 12, 2025
Financial Market News

CATL’s Hong Kong IPO will it revive Hong Kong’s capital market?

Contemporary Amperex Technology Co. Ltd., the largest manufacturer of electric vehicles batteries…

Chad McAuley Chad McAuley February 12, 2025
Financial Market News

Meta layoffs: Workers challenge Zuckerberg’s justification of ‘low performers’

Recent layoffs of approximately 3,600 employees have caused controversy following Mark Zuckerberg,…

Michelle Whelan Michelle Whelan February 12, 2025
Economic News

Elon Musk’s OpenAI offer sparks investor and legal confusion: is this what he intended?

OpenAI CEO Sam Altman’s "no", delivered at a Paris-based conference, seemed to…

Shelly Davidson Shelly Davidson February 12, 2025
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