World
UBS names the best and worst Japanese stocks to buy if the dollar-yen rises further
UBS has identified Japanese stocks that are set to be the most affected — both positively and negatively — if the yen continues to slide against the dollar. Source
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Asia-Pacific stocks set for higher start as investors await Bank of Japan monetary policy decision
SINGAPORE — Asia-Pacific stocks looked set to trade higher at the Thursday open, as investors in the region look ahead to the Bank of Japan’s latest monetary policy decision. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,485 while its counterpart in Osaka was at 26,480, […]
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Elon Musk wins shareholder lawsuit over Tesla’s $2.6 billion SolarCity acquisition
Elon Musk, chief executive officer of Tesla Inc., arrives at court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021. Al Drago | Bloomberg | Getty Images A Delaware court ruled in favor of defendant Elon Musk on Wednesday in a shareholder lawsuit over Tesla’s $2.6 billion acquisition of SolarCity. Tesla […]
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Facebook shares spike on better-than-expected quarterly earnings
Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Shares of Facebook parent Meta jumped 15% in extended trading on Wednesday after the company reported earnings that topped estimates even as revenue was disappointing. Here are the results. Earnings […]
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Judge knocks down Elon Musk’s bid to end SEC consent decree
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters A federal judge has knocked down Tesla CEO Elon Musk’s bid to terminate a settlement agreement that he struck with the Securities and Exchange Commission after the agency charged him with securities fraud […]
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Stocks could get more volatile from here, Bank of America says. Here are the names to watch
Stocks have been less volatile than bonds, and rocky earnings could close that gap, according to Bank of America. Source
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Warren Buffett’s charity lunch auction is back – and it’s your last chance to bid on a meal with the billionaire investor
If you’re looking for an opportunity to break bread with Warren Buffett, this could be your last chance to bend his ear. The 91-year-old billionaire investor is raising money for charity by auctioning off a lunch with himself, reviving an annual tradition after a two-year hiatus due to the Covid-19 pandemic. And according to the […]
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Fauci says U.S. is transitioning out of ‘pandemic phase’
Dr. Anthony Fauci expressed optimism about the state of the pandemic in the U.S. on Tuesday. “We are certainly right now in this country out of the pandemic phase,” Fauci, the White House’s chief medical adviser and director of the National Institute of Allergy and Infectious Diseases, told PBS NewsHour. He later told The Washington Post that the […]
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Russia releases U.S. Marine veteran Trevor Reed as part of prisoner exchange
Former U.S. Marine Trevor Reed, who was detained in 2019 and accused of assaulting police officers, stands inside a defendants’ cage during a court hearing in Moscow, Russia March 11, 2020. Tatyana Makeyeva | Reuters WASHINGTON — Russia agreed to release former U.S. Marine Trevor Reed in a prisoner exchange with the United States on […]
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Gibraltar became a hub for crypto — now it wants to tackle attempts to manipulate the market
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency industry, taking aim at potential market manipulation and insider trading in the fast-evolving space. The overseas British territory, located on the southern tip of Spain, […]
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