US Stock Market Could Get an Added Boost From Projected Buyback Revival in 2024
Companies purchasing back more of their own shares are expected to boost US stocks this year.
Investors
Former Cruise CEO Kyle Vogt Returns to Robotics Realm, Raises $150 Million for Househoild Robot Company
Kyle Vogt, the former founder and CEO of self-driving vehicle firm Cruise, has launched a new venture-backed robots business focusing on home tasks.
Hong Kong Cracks Down Fake Crypto Exchange Using Elon Musk Deepfakes to Trick Investors
The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual asset..
Elon Musk's xAI Nears $18 Billion Valuation Following Major Funding Round Amid Rising Investor Interest
Elon Musk's xAI Corporation is approaching the end of a major investment round, with investors valuing the business at $18 billion...
FTX Bankruptcy: Refunds Expected for Most Customers, Excludes Crypto Gains
The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims...
JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) fo...
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in...
Latest News
China's Stock Market Is Sliding After Brutal Crash This Week
This week has been so brutal for China's stock market.
Microsoft's Activision Acquisition and Investments on AI Drive 18% Revenue Surge
Microsoft surpassed analyst expectations on Tuesday, as its heavy investment in artificial intelligence (AI) produced good results.
European Stock Markets See Uneven Performance After 2-Year Peak
The European index rose 3.1% last week to its highest level since January 2022.
Elon Musk vs. Joe Biden: Telsa CEO Criticizes US President' Border Deal Saying, 'No laws Need To Be Passed'
Tesla and X CEO Elon Musk hit out Joe Biden's border deal. On his X account, he wrote, "No laws need to be passed."
Bernard Arnault Moves to Tighten the Family's Hold on LVMH by Nominating 2 More Sons to Company's Board
LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board.
FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Bitcoin Drops Below $40,000 for the First Time Since Bitcoin ETF Launch
Bitcoin dropped to a seven-week low on Monday, the lowest since the 11 spot bitcoin exchange-traded funds (ETF) rolled out earlier this month.
BioNTech Embarks on Breast Cancer Precision Drug Late-Stage Trial, Challenging AstraZeneca
BioNTech and its partner Duality Biologics have launched a late-stage trial to test their precision drug against a specific type of breast cancer, challenging a rival partnership between AstraZeneca a
Donald Trump-Linked Stocks Rise After Ron DeSantis Drops Out of 2024 Presidential Race
Some stocks linked to former President Donald Trump have soared after Florida Governor Ron DeSantis ended his 2024 presidential bid.
