Yen plunges to 38-year low vs dollar as markets brace for Japan intervention
The yen fell to its lowest level against the U.S. dollar in nearly 38 years on Wednesday, with the...
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Abra Reaches Settlement with U.S. Regulators Over Licensing Issues
Financial regulators in 25 U.S. states announced a settlement with cryptocurrency platform Abra and its CEO, Bill Barhydt, for...
Nvidia shares surge nearly 7%, bouncing after $430 billion market slump
Nvidia (NASDAQ) shares jumped nearly 7% on Tuesday, rebounding from a three-session decline that wiped out approximately $430 billion...
Amazon logistics shows potential for greater efficiency – BofA
Bank of America (NYSE) reiterated its “Buy” rating for Amazon.com Inc (NASDAQ), highlighting the potential for further improvements in...
U.S. Banks Pass Fed’s Stress Test, But Face Higher Hypothetical Losses
The Federal Reserve’s annual stress test revealed that the largest U.S. banks have sufficient capital to endure severe economic...
Moderna shares decline, RSV vaccine efficacy lags behind competitors
Moderna Inc (NASDAQ: MRNA) shares dropped 11% on Wednesday after revealing that its RSV vaccine, mResvia, demonstrated 50% efficacy...
Hollywood workers union reaches pay, AI-use deal with top studios
The International Alliance of Theatrical Stage Employees (IATSE) announced a tentative three-year agreement with major studios, including Disney and...
This stock is seen as Nvidia’s ‘little brother’
Jefferies analysts initiated coverage on electronics manufacturing services provider Fabrinet (NYSE: FN) with a Hold rating and a price...
Stock Market: S&P 500 gains as Amazon jumps to join $2T club for first time
The S&P 500 closed slightly higher on Wednesday, gaining 0.1%, while the NASDAQ Composite rose 0.5%, driven by a...
7 Things the Middle Class Won’t Be Able To Afford in the Next 5 Years
Say you’re riding high — financially speaking. You’ve acquired a middle class lifestyle and enjoy all the perks that...