Biggest Market Movers: CrowdStrike, Petco, DoorDash and More
CrowdStrike — Shares dropped 19% after the cybersecurity provider said new revenue growth is weaker than expected. Otherwise, CrowdStrike beat estimates on the top and bottom lines in its most…
By – Rochdi RaisLatest news
Stocks Soar As Investors Anticipate the Fed’s Jerome Powell Speech on Wednesday
US stocks surged in early Wednesday trades as investors await a speech from Federal Reserve Chairman Jerome Powell…
By Rochdi RaisElon Musk’s Boring Company Is Struggling to Retain Employees, The WSJ Reported
Elon Musk’s The Boring Company has battled to retain employees amid a culture of long working hours, The…
By Rochdi Rais30-Year Mortgage Rate Sunk to Its Lowest Level Since September, Data from Mortgage Bankers Association Shows
The 30-year mortgage rate plunged to the lowest since September, and demand to purchase homes increased. According to…
By Rochdi RaisTemasek’s Loss of $275 Million in FTX’s Downfall was “Disappointing”, Says Singapore’s PM
Temasek’s investment loss of $275 million in the implosion of cryptocurrency exchange FTX was “disappointing” and detrimental to…
By Rochdi RaisBeto O’Rourke’s campaign returned $1 million donation from Bankman-Fried
Former Democratic Texas gubernatorial candidate Beto O’Rourke’s campaign claims they returned a $1 million campaign donation from Sam…
By Jackie AllenInsurance Giants Fail to Escape Pollution Coverage Suit Involving Bad Faith Claims
Case: This is the case of CC Metals & Alloys, LLC v. American International Specialty Lines Insurance Company…
By Samuel LopezDept. of Energy Chief charged with felony theft
According to October 27 court documents Sam Brinton, 35 is being charged with felony theft for allegedly stealing…
By Jackie AllenSam Bankman-Fried Says He Used “Dark Money” to Become The Republicans’ Third-Biggest Donor
Sam Bankman-Fried, the founder of FTX, says he’s the Republicans’ third-biggest donor – but used “dark money” to…
By Rochdi RaisInvestors Should Prepare for a Sharp Sell-Off In Stocks, Warns Morgan Stanley’s Mike Wilson
Investors should brace for a sharp selloff in US stocks within months, as earnings outlook downgrades cause prices…
By Rochdi RaisMauna Loa in Hawaii erupts: Pele’s Hair warnings go out
Mauna Loa in Hawaii is now the largest currently active volcano in the world. Emergency officials issued warnings…
By Jackie Allen