Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform. ​Read More
Amazon is considering a second multi-billion-dollar investment in AI startup Anthropic, following an initial $4 billion stake, as it seeks to leverage its cloud services for training and expand its influence in the AI space. read more ​ ​Amazon is considering a second multi-billion-dollar investment in AI startup Anthropic, following an initial $4 billion stake,
Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve’s latest quarter-point rate cut boosted market momentum on Thursday. read more ​ ​Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve’s latest quarter-point rate cut boosted market momentum on Thursday. read moreÂ
On Thursday Nov. 7, 2024 Cathie Wood-led Ark Invest sold shares of Tesla, Reddit and Palantir and picked up shares of Amazon.com. read more ​ ​On Thursday Nov. 7, 2024 Cathie Wood-led Ark Invest sold shares of Tesla, Reddit and Palantir and picked up shares of Amazon.com. read moreÂ
Leading economists and market analysts offered contrasting views Thursday after the Federal Reserve’s 25-basis-point rate cut, with some warning of persistent inflation risks while others supported the central bank’s gradual easing approach. read more ​ ​Leading economists and market analysts offered contrasting views Thursday after the Federal Reserve’s 25-basis-point rate cut, with some warning of
Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said in a Thursday press release. read more ​ ​Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from
Wedbush Securities analyst Dan Ives predicts Tesla Inc could see significant gains under a potential second Donald Trump presidency, particularly in advancing its Full Self-Driving technology. read more ​ ​Wedbush Securities analyst Dan Ives predicts Tesla Inc could see significant gains under a potential second Donald Trump presidency, particularly in advancing its Full Self-Driving technology.
On Thursday, the Dow Jones Industrial Average was flat at 43,729.34, while the S&P 500 rose 0.7% to 5,973.10. The Nasdaq spiked 1.5% to 19,269.46. read more ​ ​On Thursday, the Dow Jones Industrial Average was flat at 43,729.34, while the S&P 500 rose 0.7% to 5,973.10. The Nasdaq spiked 1.5% to 19,269.46. read moreÂ
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