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Stocks Trade Lower As Investors Digest The Fed’s 50 Basis Point Interest Rate Hike
US stocks started the day lower on Thursday after the Federal Reserve met expectations with a 50 basis point interest rate hike. Interest rate concerns escalated after the European Central…
By Rochdi RaisLatest news
Inflation threat is Fading out Quickly – and the Fed should Halt its interest-rate hikes, SaysJeffrey Gundlach
Billionaire investor Jeffrey Gundlach warned that the Federal Reserve should stop its interest-rate hikes, saying the inflation threat…
By Rochdi RaisBankman-Fried, Founder of FTX, Charged with Fraud, 8 Charges Total
Sam Bankman-Fried, the thirty-year-old founder of the world-renowned cryptocurrency exchange FTX, was arrested on fraud charges on Monday,…
By Sierra RastTesla Stocks Extends Losses, Declines 5% Despite Broader Market Rally
Tesla stock declined more than 5% Tuesday, despite the broader market rallying on upbeat November inflation data. Shares…
By Rochdi RaisFTX’s Sam Bankman-Fried Faces 8 Criminal Charges
US federal prosecutors in New York have charged former FTX CEO Sam Bankman-Fried with eight criminal charges, including…
By Rochdi RaisBiggest Market Movers Midday: Moderna, Pfizer, United Airlines and More
Here are the biggest market movers midday. Moderna – The drugmaker saw its stock soar more than 22%…
By Rochdi RaisElon Musk Is No Longer the Richest Man In The World
Tesla CEO Elon Musk is no longer the wealthiest person in the world. He dropped that title to…
By Rochdi RaisModerna Stock Soars 24% Following Promising Results From a Cancer Treatment Trial
Shares of Moderna skyrocketed more than 24% on Tuesday after the company announced mouth-watering results from a cancer…
By Rochdi RaisTesla Will Face More Pressure From Activist Investors, According to Wedbush Analyst Dan Ives
Tesla and Elon Musk could see increased pressure from activist investors in 2023, according to a Monday note…
By Rochdi RaisUK Calls for “Urgent International Action” After Near-Implosion of UK Pension Funds
The Bank of England on Tuesday called for “urgent international action” from regulators on non-bank financial institutions after…
By Rochdi RaisBinance Halts Withdrawals As the FTX Implosion Continues To Weigh Down on Crypto Market
Binance, the world’s largest cryptocurrency exchange, said Tuesday it is halting withdrawals of the stablecoin USDC while it…
By Rochdi Rais
