The Democratic President casts a shadow over the billionaire’s ambitions. Elon Musk has been warned. The billionaire has become a global CEO. He meddles in geopolitical affairs as well as in the conduct of domestic Read more…
The euro rose strongly in the US session on Thursday, after lower than expected inflation in October signaled that US consumer prices may have peaked that would allow Fed to start reducing the pace of Read more…
Just one day after becoming the first public company to lose $1 trillion in value, Amazon shares are surging on reports of a big cost-cutting review at the world’s largest online retailer. Amazon (AMZN) – Read more…
FTX’s stake in Robinhood will not impact the brokerage’s future outlook. Robinhood CEO Vlad Tenev reassured its investors that the company has minimal exposure to the downfall of FTX, a popular cryptocurrency exchange. “It’s business Read more…
Amazon shares were back on track Thursday, but Wednesday’s decline left the company with an ignominious place in the record books. It’s been a long fall from the top for Amazon’s (AMZN) – Get Free Read more…
Sam Bankman-Fried has apologized as the damage caused by the fall of his empire is still far from fully known. His words were awaited by an entire industry still reeling from his fall. On November Read more…
Gold’s rally accelerates higher today, as reaction to Dollar’s post-CPI sell-off. Break of 179.28 resistance confirmed completion of a double bottom pattern (1614.60; 1616.51), which raises the chance of trend reversal. Further rise is now Read more…
The billionaire and new boss of Twitter has just ended remote work at the social network. It’s been barely two weeks since Elon Musk took over Twitter (TWTR) – Get Free Report. But already, the Read more…
Dallas Fed President Lorie Logan said “This morning’s CPI data were a welcome relief, but there is still a long way to go.” “I believe it may soon be appropriate to slow the pace of Read more…
Philadelphia Fed President Patrick Harker said, “In the upcoming months, in light of the cumulative tightening we have achieved, I expect we will slow the pace of our rate hikes as we approach a sufficiently Read more…