Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development

Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development

Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion


Donald Trump Eligible for Bonus Shares Worth Over $1 Billion from Truth Social Parent Company

Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.

SEC Accused of Illegally Monitoring Stock Market Investors in the US

The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit. The U. S. Securities and Exchange Commission seal hangs on the facade of its building September 18, 2008 in Washington, DC.

Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days

Trump Media shares closed almost 26% higher on Thursday. Trump Media shares surged by almost 26% on Thursday, marking a second consecutive day of strong gains for the company behind the Truth Social app.


Latest News

US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
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.
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.
Russia's Oil-Gas Giant Zarubezhneft Seeks to Invest in Vietnam's Offshore Wind Power
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
The board of JPMorgan Chase has named the potential successors to CEO Jamie Dimon. The board of JPMorgan Chase has named the potential successors to CEO Jamie Dimon, signaling preparations for a leadership transition at the largest US bank.
Tim Cook sold 196,410 Apple shares this week, according to an SEC filing. Apple CEO Tim Cook sold 196,410 shares of the company's stock this week, a United States Securities and Exchange Commission (SEC) filing revealed, as reported by MacRumors.
Ripple enters stablecoin market with USD-linked digital currency, challenging Tether and Circle, amid ongoing SEC lawsuit over XRP sales and commitment to its native token.
Brothers Michael Shvartsman and Gerald Shvartsman, originating from Florida, admitted to one count of securities fraud each in New York City on Wednesday.
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