Trump Hit With $364 Million Penalty for Financial Scheme
A New York judge has ruled against Donald Trump, imposing a massive $364 million penalty for what the judge deemed a yearslong scheme to deceive banks and others with inflated…
Foreign Buyers Boost U.S. Treasury Yields at the End of 2023
Introduction Boost in Holdings According to the latest government data, Japan raised its holdings to $1.138 trillion last December, while China increased its holdings to $816.3 billion, and the U.K.…
VanEck Agrees to Pay $1.75 Million Penalty for Undisclosed Influencer Role
Investment-management firm VanEck has agreed to pay a $1.75 million penalty to the Securities and Exchange Commission (SEC) for failing to disclose the involvement of a social-media influencer in the…
Artificial Intelligence and Magnificent Seven: A Historical Comparison
As global investors closely monitor the potential bubble in artificial intelligence (AI) and the remarkable performance of the Magnificent Seven stocks, it is crucial to examine historical market trends. The…
PPL Corp. Plans to Invest Billions More to Boost Rates
PPL Corp., the Pennsylvania-based electrical-utility company, has announced its intention to invest additional billions into its system as part of its strategy to increase rates. Despite facing challenges caused by…
Potential Acquisition of Vizio by Walmart Sparks 25% Surge in Stock
Vizio, a leading smart TV manufacturer, saw its stocks soar by 25% on Tuesday after news broke that Walmart was in talks to purchase the company for a reported $2…
Robinhood Reports Profit in Q4, Exceeds Revenue Expectations
In the fourth quarter, Robinhood earned an impressive $30 million, equivalent to 3 cents per share. This was a stark contrast to the previous year's loss of $166 million or…
Leidos Holdings: Exceeding Expectations with Strong Earnings
Leidos Holdings, a leading computer-services company, has recently announced impressive earnings for the year ended Dec. 29. This positive news has resulted in a surge in its shares, with an…
Hydro One Reports Slight Increase in Profit for Q4
Hydro One, the largest electricity transmission and distribution provider in the province of Ontario, has reported a slightly higher profit for the fourth quarter. The increase in revenue helped offset…
Molson Coors Reports Strong Q4 Results
Molson Coors Beverage, one of the leading beer makers, has announced its impressive financial results for the fourth quarter. The company saw a significant improvement in profitability, mainly attributed to…
Siltronic Faces Setbacks
By David Sachs Siltronic, the German chip maker, experienced a decline in its share price during early trading on Tuesday. This drop came as a result of the company's decision…
G1 Therapeutics Faces Setback in Phase 3 Trial
Shares of G1 Therapeutics took a major hit, falling 46% to $2.44 in after-hours trading on Monday, following an update on its Phase 3 trilaciclib combination trial. Trial Continuation Recommended…
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