Finance
Crypto Market Decline: $178 Million in Liquidations as Bitcoin Struggles
Crypto Market Sees Sharp Decline The crypto market experienced a sharp decline on Friday, with the total market capitalization dropping 4% from the previous day....
Could Rising Oil Production and Potential Rate Cuts Lead to Falling Prices?
Will Oil Prices Drop as Production Increases? – OPEC+ is moving ahead with its plan to increase oil output in October. Despite sluggish demand, the...
Elastic Q2 Earnings Beat Estimates, But Lower Revenue Guidance Weighs on Shares
Elastic Reports Strong Q2 Earnings Results but Lowers Revenue Outlook Elastic (NYSE: ESTC), a search software company, reported its Q2 CY2024 earnings results, surpassing analysts’...
Intel Considers Major Restructuring Amid Difficult Period
Intel Considers Major Restructuring – Intel Corporation (NASDAQ: INTC) is exploring significant changes as it faces challenges. The company is reportedly working with investment bankers to...
Paltalk Awarded $65.7M in Patent Case Against Cisco, But Stock Dips
Paltalk Wins $65.7 Million Verdict Against Cisco Paltalk Holdings announced on Friday that it has been awarded $65.7 million in damages in a patent lawsuit...
Dell’s Shares Soar as AI-Powered Servers Boost Earnings
Dell Raises Revenue and Earnings Forecasts – Dell Technologies (DELL) saw its shares rise by 4% on Friday. This increase came from strong demand for...
NuCana Shares Plunge 50% After Second Clinical Trial Setback in Two Years
NuCana Stock Hit Hard by Phase II Clinical Trial Failure NuCana shares plunged by half on Friday morning following the Phase II failure of a...
Fed’s Inflation Gauge Stokes Rate-Cut Hopes as Prices Stabilize
Fed’s Inflation Gauge Aligns with Expectations The latest reading of the Fed’s preferred inflation gauge showed price increases in July that aligned with Wall Street’s...
Banks and Brokerages Face Scrutiny Over Interest Payments on Idle Cash
Banks Paying Low Interest on Idle Cash? – As interest rates remain high, banks and brokerages are facing intense scrutiny over how they manage customer...
US Stocks Rally as Inflation Data Boosts Rate-Cut Hopes
US Stocks Surge on Inflation Data US stocks opened higher on Friday, with a strong push towards ending the week on a positive note, as...
