Finance News
Trump Favors Creation of 'Strategic National Bitcoin Stockpile' – A Smart Move or Not?
By Caleb Mitchell
Wyoming Overtakes Delaware as Top Destination for Business Incorporations
By Ava Harper
Attracting business owners with lower costs and stronger asset protection, Wyoming triples its business incorporations in the past five years.
Costco Clientele Shifts Towards More Home Cooking
By Ava Harper
High income Costco customers are shopping for both premium and budget ingredients as they cook more at home.
Revolutionary Move: EVgo Secures $1.25 Billion Federal Loan to Expand Charging Stations
By Ava Harper
A federal loan guarantee of $1.25 billion propels EVgo's plans for the construction of thousands of electric vehicle charging stations.
U.S. Appeals Court Upholds TikTok Ban Due to National Security Concerns
By Ava Harper
TikTok's fight against a U.S.-imposed ban falls short after a federal court's ruling cites national security as a valid reason for its divestitures.
Unmasking the Disconnect between Inflation and Cost of Living
By Ava Harper
The actual cost of living continues to rise despite slowing inflation rates, highlighting the gap between economic metrics and the real-world experience of consumers.
Cryptocurrency Donations Skyrocket, Providing Generous Tax Benefits
By Isabella Chang
Surge in crypto donations due to potential tax savings and rise in Bitcoin value. Experts highlight benefits of donating to charitable investment accounts.
Ethereum ETFs Experience Record Inflows Amid Dynamic Crypto Landscape
By Sebastian Mendoza
Ether exchange-traded funds (ETFs) reach historic single-day inflows of $428.5 million, surpassing $1BN total since July debut.
U.S. Stocks Reflect Growing Economy Despite Few Setbacks
By Sophia Reynolds
U.S. stocks mostly rise in response to reports of successful job creation in November, with a few notable performances in particular.
Peloton Stock Soars Following UBS Upgrade and CEO Change
By Isabella Chang
UBS upgrades Peloton Interactive stock, citing company's cost-cutting measures and new CEO, leading to considerable surge in share price.
Plunge in Smith & Wesson Share Prices Due to Inflation Impact
By Isabella Chang
Gunmaker Smith & Wesson's shares tank nearly 20% as inflation forces downturn in firearm sales, leading to a slash in its guidance.
PTC Therapeutics Strikes $2 Billion Collaboration Deal with Novartis
By Zoey Ramirez
The pharmaceutical firm, PTC Therapeutics, has announced a licensing and collaboration agreement worth nearly $2 billion with Novartis.
MicroStrategy Adds Another $1.5 Billion in Bitcoin
By Mason Connor
MicroStrategy invests in another $1.5 billion worth of bitcoin, growing total holdings to just under 2% of total supply.
HPE Q4 Earnings Forecast Rides High on AI Power
By Lucas Donovan
Analysts hold a positive outlook on the Q4 earnings of Hewlett Packard Enterprise, undergirded by the performance of its AI servers.