As growing trade tensions between the United States and China heightened concerns about a global recession, oil prices fell sharply, hitting their lowest level since […]
Category: Finance
Analyst Slashes Tesla Price Target
Dan Ives, who has been a longtime bull on Tesla at Wedbush Securities, lowered his 12-month price target for the automaker’s shares by 43%, to […]
With Trump Tariffs Jarring The Stock Market, Bitcoin Drops To $81,000
Bitcoin declined to around $81,000, posting a 5% decline, following President Donald Trump’s sweeping tariffs shook global markets. Other leading cryptocurrencies suffered losses as well, […]
UCare Implements Reverse Strategy Amid $504M Operating Loss
Minneapolis health insurer UCare has announced a huge operating loss of $504 million for 2024, its biggest financial loss in more than 15 years. As […]
CoreWeave Stock Surges Following Muted IPO Debut
CoreWeave, a cloud computing firm with expertise in artificial intelligence (AI) infrastructure, has seen its stock make an incredible turnaround after a weak initial public […]
Trump’s Sweeping Tariffs Rattle Asian Markets; Japan’s Nikkei Down 4%
On Thursday, Asian financial markets reacted promptly to President Donald Trump’s announcement regarding the imposition of a sweeping new round of tariffs. Japan’s Nikkei 225 […]
Visa Offers $100M to Secure Apple Credit Card Partnership
Visa has been said to have made a bid of around $100 million to Apple to become the payment network for Apple Card and to […]
MicroStrategy Invests $1.9B in Bitcoin Amid Profit Decline
MicroStrategy, one of the leading business intelligence companies, has grown its Bitcoin reserves considerably by buying another 22,048 BTC for about $1.9 billion. MicroStrategy acquired […]
Health System Sues Blue Cross Blue Shield for Alleged Collusion
A health system based in Michigan has sued BCBS entities in a federal court for allegedly conspiring to suppress competition and drive up insurance costs. […]
Wyoming Governor Plans State’s Stablecoin by July
As early as July, Wyoming’s proposed stablecoin could be launched, according to Governor Mark Gordon. For this reason, the Wyoming Stable Token Commission has partnered […]