(MarketWatch) JPMorgan CEO Jamie Dimon says the US top bank has $500 billion in cash awaiting deployment in a higher rate economy in coming months. Dimon expects low rates to…
(Bloomberg) More than 50% of economists in a survey predict the Fed will increase interest rates in 2023 despite an uptick in inflation and a rebounding economy. The economists do…
Meme Stock AMC Entertainment Holdings jumped 15.38% after retail traders tried to push it back to $60 a share on Monday’s so-called #AMCDay. #AMCDay ranked third on Twitter trends on…
(Bloomberg) Toyota Motor Corp. stock jumped as much as 1.8% to hit a fresh milestone above 10,000 yen or $90.85 on Tuesday. The stock jump of Toyota Corp. defies continuing…
(CNBC) The price of Bitcoin breached $40,000 on Monday after investors digested remarks made by popular hedge fund manager Paul Tudor Jones and Tesla Chief Executive Elon Musk. Bitcoin advanced…
(VentureBeat) Nvidia’s CEO Jensen Huang highly believes in ETH’s proof of stake. Huang says it carries a lot of credibility, works well, and many people can depend on it for…
(Reddit) Corsair Gaming dominated Reddit forum chats for the better part of the weekend and Monday that saw the stock surge as much as 25%. Short float raised to 5.76…
(CNBC) Phase 3 clinical trials of Novavax vaccine trials on a sample of 29,960 participants have confirmed it is safe and 90.4% effective. Two-dose vaccine of Novavax was determined to…
(Bloomberg) Turkish President Recep Tayyip Erdogan said his country signed a fresh $3.6 billion swap with China, taking the limit on currency arrangement to $6 billion. The swap deal allows…
(IEA) International Energy Agency expects global demand for oil to hit pre-pandemic levels towards the end of next year. IEA expects sustained Covid devastation and low inoculations in several parts…
(Chewy.com) Net sales for pet company Chewy Inc. expanded by 31.7% year over year to reach $2.14 billion in Q1 2021. Chewy’s gross margins expanded 420 basis points year over…
(Bloomberg) Prospects of Turkey resolving differences with the US following the purchase of Russian missiles boosted lira by as much as 1.7%. Turkish Defense Minister Hulusi Akar said that Turkey…