Arm $52 billion IPO $ARM
British chip designer Arm is targeting a valuation of more than $52 billion for its initial public offering (IPO) on the Nasdaq exchange on Thursday, according to a company press…
Kim Jong Un in Russia: A Summit to Watch
North Korean leader Kim Jong Un arrived in Russia on Tuesday for a summit with President Vladimir Putin. The two leaders are expected to discuss a range of issues, including…
FBX to Become Bitcoin AI Enhanced Trading Machine Powered by Knightsbridge
FBX to Become Bitcoin AI Enhanced Trading Machine Powered by Knightsbridge FBX, a leading provider of financial trading technology, announced today that it will be changing its name and ticker…
Biden impeachment 2023
Biden impeachment 2023 Republicans in the House of Representatives have opened a formal impeachment inquiry into President Joe Biden, alleging that he abused his power, obstructed justice, and engaged in…
French Ban Some iPhones Over Radiation $AAPL
French regulators on Tuesday ordered Apple to halt sales of the iPhone 12 for emitting too much electromagnetic radiation, and to fix existing handsets. The French agency that regulates radio…
$BP Bernard Looney Out
British energy giant BP said Tuesday that its chief executive Bernard Looney has resigned "with immediate effect", after admitting that he had not been "fully transparent" about historical relationships with…
SEC Becoming More Anti-Crypto, ETF’s Uncertain $BTC
The future of U.S. crypto legislation is uncertain, as Senator Sherrod Brown, the chairman of the Senate Banking Committee, has expressed skepticism of the industry. Brown has said that he…
S&P 500 could plunge 25% $AAPL $TSLA $MSFT $AMZN
Morgan Stanley's Mike Wilson warns that the S&P 500 is priced for perfection and could plunge 25% if problems crop up. Wilson, Morgan Stanley's chief investment officer and chief US…
Banks Talk Up IPOs $ARM
Wall Street investment bankers are optimistic about the prospects for dealmaking, citing a recent uptick in initial public offerings (IPOs) as a sign of a broader recovery. Goldman Sachs CEO…
China Economic Growth Continues $BABA $JD $QQQ
The property market recently warmed in first-tier cities such as Beijing and Shanghai. In August, consumer inflation returned to positive territory on a year-on-year basis. The producer price index also…