What made Cipher Mining (CIFR) stock rally 30% on Friday?
Cipher Mining Inc (NASDAQ: CIFR) has received $50 million in investment from SoftBank which it said will help it build more data centers in the United States. The Japanese investment…
Trump Media (DJT) grants stock to FBI nominee Kash Patel, Trump Jr., and more—see the full list
Trump Media (Nasdaq: DJT) has awarded thousands of company shares to Kash Patel, former President Donald Trump’s pick for FBI director, along with Donald Trump Jr. and several board members,…
US markets slide as Trump’s tariffs rattle investors; S&P 500, Dow, Nasdaq fall
Wall Street’s early gains faded on Friday after the White House confirmed that President Donald Trump’s new tariffs on major US trading partners would take effect on Saturday. The S&P…
JPM raises Carvana stock target: how high could CVNA go in 2025?
Carvana Co (NYSE: CVNA) has been one of the quintessential millionaire makers over the past two years – but a JPMorgan analyst continues to see significant further upside in its…
Charter Communications stock may crash after earnings
Charter Communications’ stock price remains under pressure as the cable industry faces major challenges amid cord-cutting. On Thursday, the CHTR stock closed at $336, down about 60% from its highest…
US jobless claims fall more than expected as economy stays resilient
The number of Americans filing for unemployment benefits dropped more than expected last week, signaling a still-resilient labor market despite slowing job opportunities. Initial jobless claims fell by 16,000 to…
ECB lowers key interest rates by 25 basis points: what it means for markets
The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a result, the interest rates on the deposit facility, major refinancing…
The great housing freeze: why the housing market hit a 29-year low and what’s next
The housing market is facing a stark reality check, with sales of existing homes plummeting to a 29-year low. The National Association of REALTORS reports that 2024 witnessed the slowest…
Dow to lay off 1,500 employees as part of $1 billion cost-cutting plan
Michigan-based company Dow Inc. announced Thursday that it would lay off 1,500 employees as part of a $1 billion cost-cutting initiative, citing sluggish demand and margin pressures. The announcement sent…
FTSE 100 forecast: BoE decision, Diageo, Vodafone, GSK earnings
The FTSE 100 index has started the year well as it surged to a record high. It moved to a high of £8,645, up by over 75% from its lowest…