Silvergate Capital Corp (SI.N) has been dropped by a number of cryptocurrency heavyweights, such as Coinbase Global Inc (COIN.O) and Galaxy Digital as their banking […]
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Tesla’s comments cause a drop in shares of China’s rare-earth miners
Tesla Inc.’s unexpected announcement that the electric vehicle maker will stop using the material in its future models. Colin Campbell, a Tesla official, stated that […]
Nissan boosts global EV targets to increase U.S. localization
Nissan Motor Co. Ltd. on Monday raised its electrified car sales goals and said it will increase powertrain production in the United States as it […]
The Department of Commerce will request that companies seeking chip funding provide childcare for their employees
The US Commerce Department announced on Monday that it will require companies desiring at least $150 million in financing from a $52 billion semiconductor law […]
Twitter puts off 10% of its current employees
Twitter Inc. let go at least 200 employees, or approximately 10% of its workforce, the New York Times reported late on Sunday, in its recent […]
According to Jamie Dimon, the Federal Reserve has “lost a little bit of control over inflation.”
JPMorgan Chase CEO Jamie Dimon said Thursday that the Federal Reserve is still working on enclosing inflation, despite the fact that the US economy is […]
Jim Bianco warns that “Cash is no longer trash,” and stocks will face stiff competition
Stocks are competing against traditional savings accounts. In accordance with Wall Street forecaster Jim Bianco, your neighborhood bank might win for the first time in […]
Bentley will discontinue production of its ultra-high-performance 12-cylinder engine
Bentley Motors intends to discontinue manufacturing of its 12-cylinder engine in April of next year as the renowned luxury carmaker moves to electric vehicles. The […]
Here’s what to expect from Walmart’s holiday-quarter earnings report, which will be released before the market opens
Walmart will show its holiday quarter earnings on Tuesday morning, as investors and economists try to scope the health of the American consumer. Here’s what […]
The inventor of the World Wide Web describes Crypto as “dangerous” and compares it to gambling
Tim Berners-Lee, the inventor of the World Wide Web, described cryptocurrency “dangerous” and associated it to gambling in an episode of CNBC’s “Beyond The Valley” […]