President Joe Biden's announcement not to seek reelection has caused ripple effects in betting markets and PoliFi meme coins. What Happened: Polymarket trader ‘AnonBidenBull’ lost $2 million betting on the President to become the Democratic nominee for the 2024 election,…
Thailand’s investigation into discounts from Chinese EV maker BYD Company (OTC:BYDYY) will continue despite a cash-back program initiated by its distributor, Rever Automotive, after backlash from consumers complaining that they overpaid for their electric vehicles (EVs). Thailand, a major auto…
The midair incident in January involving a door panel blowing off an Alaska Air Group Inc (NYSE:ALK) operated Boeing Co. (NYSE:BA) 737 MAX 9 jet, leading the carrier to ground its MAX 9 fleet has had a domino effect on…
Intel Corporation (NASDAQ:INTC) stock is trading higher Friday after the chief technology officer reportedly stated it is targeting a cumulative software revenue of $1 billion by the end of 2027. What To Know: The chief technology officer Greg Lavender told…
General Motors Co (NYSE:GM) shares are trading higher after the company’s plan to invest at least $900 million to retool its Lansing, Michigan auto plant for electric vehicle (EV) production. As conveyed by Energy Secretary Jennifer Granholm, this investment is…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Redburn Atlantic analyst Agnieszka Pustula downgraded the rating for…
Popular YouTuber James Stepeh “Jimmy” Donaldson, aka MrBeast, has connected a remote village in Zambia with high-speed internet using Elon Musk‘s Starlink. What Happened: In a recent video, MrBeast showcased the use of Starlink to connect the rural Zambian village…
BlackRock, Inc. (NYSE:BLK) plans to acquire private markets data data solutions provider Preqin for £2.55 billion ($3.2 billion) in cash. This acquisition enhances BlackRock’s investment technology by adding a complementary data business and expanding into the emerging private markets data segment.…
The U.S. markets have been on a tear this year, carrying over the momentum from 2023, when the S&P 500 gained more than 24%. However, the peculiarity of the gains seen in the current bull cycle is the top-heaviness of…
Electric vehicle maker Rivian Automotive, Inc. (NASDAQ:RIVN) is poised to extend its gains on Wednesday, with the upward momentum likely accelerating. Rivian announced Tuesday plans to form an equally controlled and owned joint venture with Volkswagen AG’s (OTC:VWAGY) U.S. subsidiary…
