Wall Street brokerages express doubts about Reddit's user growth which would reach 109 million users by 2026 as Reddit's shares fall below debut price.
Finance/Venture
Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
IMF: Russia's Economy to Grow Faster Than US, Other Advanced Economies Despite International Sanctions Over Ukraine
Despite international sanctions over its war in Ukraine, the International Monetary Fund (IMF) has forecasted that the economy of Russia will grow quicker than all of the advanced economies in the world, including the United States, in 2024.
Latest News
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend.
The rapidly changing business environment requires capital as a significant component of growth and sustainability. Yet, obtaining funding could be a significant problem for small and medium-sized enterprises (SMEs). These businesses often have very limited resources and a short financial history. It is at this point that innovative funding solutions like the ones provided by The Centurion Pro become vital in filling the gap between capital requirements and business expansion.
JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assist in Hexaware Technologies Ltd.'s upcoming IPO in Mumbai, aiming for a $1 billion raise, potentially valuing the Indian firm at $6 billion.
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
Georgia Representative Marjorie Taylor Greene has remained mum on details surrounding her investment in Digital World Acquisition Corporation (DWAC), the blank check company that recently merged with Trump Media & Technology Group.
Former President Donald Trump is asking his followers to support his social media platform, Truth Social, as the stock price of its parent company, Trump Media & Technology Group, continues to fall further.
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details. Wall Street analysts are at risk of getting replaced by AI bots.
The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral development banks.
