Financial Markets

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Trump Media Warns Of ‘Potential Market Manipulation’

Shares in Trump social media platform owner rise after chief executive warns of 'naked' short sellers trying to manipulate stock…

35 mins ago

TSMC Shocks Investors With Lower Chip Growth Forecast

TSMC pulls back on forecast of global chip industry growth for 2024, stirring concerns around expected recovery this year

2 hours ago

Netflix Reports Profits Surge, But Forecast Disappoints

Netflix shares slump as it reports profit surge but says it will stop reporting subscriber metrics next year

3 hours ago

Trump Media Shares Buckle Over Secondary Offering Plans

Shares in Donald Trump's social media company Trump Media plummet on Monday after company announces plans to issue millions more…

6 days ago

Sam Bankman-Fried Appeals FTX Fraud Sentence Of 25 Years

Disgraced crypto billionaire and former FTX CEO Sam Bankman-Fried appeals 25 prison sentence for masterminding huge fraud

1 week ago

Tesla Shares Dive After EV Shipments Disappoint

Investors unhappy after Tesla posts a shipment slump in first quarter despite price cuts, amid concern about user demand for…

3 weeks ago

Intel Shares Slide After Foundry Business Posts $7 Billion Loss

Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion

3 weeks ago

Shares In Trump’s Truth Social Firm Rise, Then Tumble

A week after public listing, Donald Trump's firm sees share price fall 21 percent, losing $4 billion in market value

3 weeks ago

FTX’s Sam Bankman-Fried Sentenced To 25 Years In Prison For $8bn Fraud

Dramatic downfall. Sam Bankman-Fried sentenced to 25 years in prison for masterminding $8bn fraud that brought down FTX

4 weeks ago

Trump’s Truth Social Makes Successful Market Debut

Shares in Donald Trump’s social media company rose about 16 percent after first day of trading on the Nasdaq

4 weeks ago

Trump’s Truth Social Moves Closer To $5bn Merger

Donald Trump social media firm Truth Social moves step closer to public offering via acquisition by shell company as investors…

4 weeks ago

Reddit Shares Surge After Successful NYSE IPO

Reddit enjoys successful initial public offering in New York, as shares rose which in turn pushed its market cap to…

1 month ago

UK Judge Rules Craig Wright Is Not Bitcoin’s ‘Satoshi Nakamoto’

Australian computer scientist Dr Craig Wright is not the Bitcoin inventor Satoshi Nakamoto, UK High Court judge rules

1 month ago

Reddit Seeks Valuation Up To $6.4bn In NYSE Listing

Social media platform Reddit seeks valuation of up to $6.4 billion in NYSE listing, as users express concern about investor…

1 month ago

Spain Temporarily Bans Worldcoin Eyeball Scans Over Privacy

Privacy watchdog in Spain orders Worldcoin to halt eyeball scans to make digital IDs in exchange for crypto

2 months ago

LinkedIn Admits Premium Subscriptions Bring In $1.7bn

LinkedIn makes rare disclosure, and admits premium subscription business delivered $1.7 billion in revenue in 2023

2 months ago

Reddit Looks For $6.5bn Valuation In NYSE IPO

Social media platform Reddit looks for $6.5bn IPO valuation, significantly down from $10bn value in 2021 private funding funding round

2 months ago

Nvidia Shares Close Over $2tn For First Time

Shares of Nvidia close over $2tn for first time after Dell reports surge in demand for AI servers, amidst ongoing…

2 months ago

US SEC Investigates If OpenAI Investors Were Misled – Report

Financial regulator examines internal comms of CEO Sam Altman, after his shock firing for not being “consistently candid in communications”

2 months ago

Bitcoin Pushes Past $60,000, In First Time Since November 2021

Going up. Bitcoin surges past $60,000 on Wednesday, reportedly driven by huge inflows into the US-based spot ETFs

2 months ago

Lawyer For Bankman-Fried Urges Judge Not To Impose 100-Year Sentence

Sam Bankman-Fried’s lawyer asks US judge to reject 100-year recommended prison sentence for disgraced FTX co-founder

2 months ago

Google Pay To Close In US, To ‘Simplify’ Payment Apps

Mobile payments service from Google to be changed again, with shuttering of standalone Google Pay app in the US

2 months ago

Terra’s Do Kwon To Miss Start Of SEC Trial In US

US lawyer for disgraced cryptocurrency tycoon Do Kwon admits his client will likely miss start of SEC fraud trial

2 months ago

Nvidia Briefly Surpasses $2tn Valuation On AI Demand

Investors drive Nvidia shares briefly over $2tn after company reveals staggering financial benefits from AI boom

2 months ago

Nvidia Nears $2 Trillion Value, As AI Boosts Profits, Sales

Financial results surpass Wall Street expectations and drive Nvidia's market value close to the $ 2 trillion mark

2 months ago

Terra’s Do Kwon Should Be Extradited to US, Montenegro Court Rules

Court in Montenegro rules disgraced cryptocurrency tycoon Do Kwon should be extradited to US, not South Korea

2 months ago

Cisco Confirms It Will Cut More Than 4,000 Jobs

Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed

2 months ago

Musk Confirms SpaceX Incorporation Moved From Delaware To Texas

After Delaware judge vetoed Elon Musk's $56 billion pay package, billionaire moves SpaceX incorporation to Texas

2 months ago

Bitcoin Rise Sees Market Cap Cross $1 Trillion

Value of all bitcoin in circulation, or market cap, on Wednesday rose above $1 trillion mark for first time since…

2 months ago