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Dow Sheds 300 Points As Recession Fears Mount and Investors Hope for a Year-End Rally Are Dashed
Stocks plummeted Monday as recession fears soared and investors worried time is running out for a year-end rally. The Dow Jones Industrial Average lost 278 points or 0.84%. The S&P…
By Rochdi RaisLatest news
Madrigal Pharmaceuticals Stock Skyrockets 200% After Positive Results for its Drug to Treat “Silent Disease”
Madrigal Pharmaceuticals’ stock skyrocketed more than 200% on Monday after the biotech firm shared positive results for its…
By Rochdi RaisMeta Could Pay an $11 Billion Fine to EU for Potential Breach of Antirust Policies
The European Union filed a complaint against Meta for a potential breach of antitrust policies. Meta stock slumped…
By Rochdi RaisMusk Stepping Down as Twitter’s CEO Could Boost Tesla Stock, Says Loup’s Gene Munster
Elon Musk stepping down as Twitter’s CEO could be beneficial to Tesla stock, as investors want Musk…
By Rochdi RaisFormer AIG Unit Execs Want $500 Million for Lost Compensation as Part of Chap. 11 Plan
This is the bankruptcy case of AIG Financial Products Corp., being heard in the U.S. Bankruptcy Court for…
By Samuel LopezSam Bankman-Fried Sent Back to Bahamas Jail After a Chaotic Day in the Courtroom
FTX’s disgraced founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for…
By Rochdi RaisBiggest Market Movers Middaday: Disney, Tesla, Carnival and more
Check out the companies making the biggest moves midday Monday: Disney — Disney fell 3.6% after its…
By Rochdi RaisKari Lake Makes Absurd Demand to Imprison Arizona Election Officials
Throughout the Arizona 2022 gubernatorial election cycle, GOP candidate Kari Lake campaigned tenaciously to become the next governor…
By Gabrielle SeunagalGoldman Sachs To Lay Off Up to 4,000 Employees, or 8% Of Its Staff
Goldman Sachs will lay off up to 8% of its staff — and could take place down as…
By Rochdi RaisThe SEC Accuses Sam Bankman-Fried of “Orchestrating a Massive, Years-Long Fraud”
The Securities and Exchange Commission on Tuesday said it had charged Samuel Bankman-Fried with defrauding investors in FTX,…
By Rochdi RaisPromoting Your Social Platforms On Twitter Will Now Get Your Account Suspended
“Chief Twit” Elon Musk said users have to pay to advertise on the website, even if it’s just…
By Rochdi Rais
