We're raising our price target on Cardinal Health after another stellar quarter of profits The drug distributor also raised its full-year earnings guidance. Read at source
Zcash is preparing to shut down its oldest privacy technology, potentially leaving millions of dollars in cryptocurrency inaccessible to their owners—even if they still have the passwords and private keys needed to acce…
American unemployment claims have fallen to their lowest level in 57 years, highlighting continued resilience in the US labor market despite economic uncertainty linked to the prolonged Middle East conflict. Labor Depar…
Societe Generale strategists see improving risk-reward in China equities after a recent correction, especially in onshore technology. They highlight National Team purchases and revived buyback incentives as evidence of …
A fresh wave of selling in AI-linked stocks is pulling Wall Street into one of its worst days in recent memory. A Democratic win in both the upper and lower houses has added fresh worries that AI data center projects co…
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in full.
European Central Bank (ECB) President Christine Lagarde crossed the wires on Thursday and said that “the current situation is made hard by the energy shock and AI pulling in opposite directions.”
XRP has been dragged lower by the broader crypto sell-off, but large holders appear to be buying the dip. The token is trading near $1.24, down 5.4% in 24 hours and 4.9% over the week, according to market data. On-chain…
The Bank of England (BoE) raised its Bank Rate by 25 basis points to 4.00%, with eight policymakers backing the move and Catherine Mann preferring a larger 50-basis-point increase. The decision came as the BoE sharply l…
Ripple CTO Emeritus David Schwartz posted a technical update about his XRP Ledger hub on X, saying it had more than 550 peer connections, a median round-trip latency of about 200 milliseconds and around 110,000 incoming…
Jim Cramer says the AI trade is not going away as Nasdaq enters correction The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. Read at source
Small-cap companies are accustomed to living in the shadow of mega-cap tech firms, but there are signs that the market backdrop could be changing for some of these companies. Investors have been looking beyond the Magni…
Bank of England (BoE) Governor Andrew Bailey said that the central bank is “watching the extent of inflation pass-through,” while acknowledging that inflation risks are tilted to the upside, after the BoE raised interes…
The post-midterm rally lasted just one day. A heavy sell-off in US tech stocks has spread into crypto, wiping out the gains Bitcoin, Ethereum and XRP made after the US elections. More than $1 billion in leveraged crypto…
Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.
Hollywood studios and production companies have been quietly issuing guidelines barring employees from betting on prediction markets, entertainment industry trade paper The Hollywood Reporter reported on Thursday.
Thursday’s sharp stock market drop has more to do with AI regulation fears and leverage than the midterm results themselves, according to The Kobeissi Letter. The research firm said the Democratic sweep was already larg…
SpaceX shares dropped $12.61, or 9.28%, to $123.31 on Thursday, deepening a selloff that began after Tuesday’s midterm elections. The fall cut SpaceX’s market value to about $1.66 trillion and left the stock roughly 45%…