Cheap energy should be the easy win for the Trump administration. Instead, oil markets are moving in the opposite direction. Crude oil briefly rose to around $119 a barrel, the highest level since 2022, as escalating tensions between the US, Israel and Iran roiled global energy markets. The spike is a reminder of how quickly […]
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) will report fourth-quarter results before the opening bell on Monday, March 2. Analysts expect the Miami, Florida-based company to report quarterly profit of 26 cents per share, compared with 26 cents per share a year ago. The consensus estimate for Norwegian Cruise Line’s quarterly revenue is $2.34 billion (last […]
Dogecoin (CRYPTO: DOGE) Slid further south on Sunday, amid signals from a leading analyst that the memecoin’s bottom could still be far away. The bottom is yet to come? Ali Martineza widely followed cryptocurrency researcher and trader, identified $0.058 as a key level at which they would begin accumulating DOGE – more than 37% below […]
The United States imports 100% of its natural graphite – a material that makes up roughly 68% of a battery’s weight and is used in defense systems, aerospace and industrial applications. Almost half of that supply comes from China. For decades, that dependency was treated as a cost of doing business problem. Washington is now […]
It’s been a turbulent week in the world of global trade. From chairman Donald Trump‘s tariff battles to a potential AI crisis, here’s a quick recap of the week’s top stories. Peter Schiff challenges Trump’s tariff strategy Renowned economist Peter Schiff criticized US trade policy on Friday. This came as Trump announced a new 10% […]
Micron Technology, Inc. (NASDAQ:MU) Shares closed on Friday as the company celebrated the grand opening of its semiconductor assembly and testing facility in India. The move came on a challenging trading day, with major indexes like the S&P 500 and Nasdaq also seeing declines, adding to pressure as broader markets headed lower. The facility is […]
Beast Industries has suspended a video editor associated with YouTube star Mr. Beast after a forecast market investigation revealed insider trading violations. The action follows disciplinary action from prediction platform Kalshi, which fined and banned its editor for two years after detecting suspicious transactions linked to unreleased video results, BBC reports. Allegations of insider trading […]
Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]
Venture capitalist Vinod Khosla publicly broke with it Anthropic On Friday, he argued that the AI safety-focused startup is wrong about developing autonomous weapons. “Putin won’t fight fair, so we should definitely have autonomous AI weapons,” Khosla wrote on X, adding that he admires Anthropic for sticking to its principles, but not the principle itself. […]
Tesla Inc. (NASDAQ: TSLA) sues California Department of Motor Vehicles (DMV) after the automaker dropped the term “Autopilot” from its marketing efforts amid the false advertising row. Tesla is unfoundedly labeled as a false advertiser, the court said Lawyers representing Elon Musk’s EV giant argue the agency has not proven there was confusion among customers […]