Business and Finance

financial news, stocks, investing, and market trends, as well as stories on major companies and their leaders.

Here’s How Much $1,000 In Bitcoin Will Be Worth If Cathie Wood’s BTC Prediction Is Correct

Here’s How Much $1,000 In Bitcoin Will Be Worth If Cathie Wood’s BTC Prediction Is Correct Ark Invest, led by CEO Cathie Wood, has quickly grown into one of the largest asset managers in the world since launching in 2014. The firm emphasizes investing in technology, offering a variety of exchange-traded funds (ETFs) centered around […]

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Nextgreen partners IOI Corp for RM600m paper pulp project, expects RM300m revenue by 2026

KUALA LUMPUR – April 8, 2024 — From left: Nextgreen IOI Pulp Sdn Bhd director Lim Kah Yee, Nextgreen Global Bhd MD Datuk Lim Thiam Huat, IOI Group MD Datuk Lee Yeow Chor and Nextgreen IOI Pulp director Amir Mohd Hafiz Amir Khalid. (File pic by IOI Corporation). Nextgreen Global Bhd MD Datuk Lim Thiam Huat said the company has secured a buyer, Japan-based

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Snowflake Stock: Growth Looks Great, But Its Moat Isn’t Strong Enough (NYSE:SNOW)

D4Fish Snowflake (NYSE:SNOW) is one of the new leaders in data warehousing, and its success hinges on competing effectively with established forces in the field and partnering with them through unseparated data access across cloud services. I think the business model is good, but I question how much of a moat there is in its

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1 in 8 Americans Can’t Cover a $2,000 Emergency. Do This if You’re One of Them

Life has a sneaky way of costing more than anticipated. You might pull out of your driveway, hit a nail, and find yourself charging a $150 replacement tire on your credit card. Or, you might wake up to no heat — and a $500 repair to fix your HVAC system. Situations like these are often

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Globe Life Sank by Record on ‘Inflammatory’ Short Report

(Bloomberg) — Globe Life Inc. dropped by a record on Thursday, closing at the lowest level in eight years after a short-seller report that the company refuted. Most Read from Bloomberg Shares dropped 53% during regular hours trading in a frenzied sell-off that triggered multiple volatility halts through the day. The rout followed a critical

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Ohtani translator accused of stealing $16 million from Dodgers star

Shohei Ohtani’s former translator Ippei Mizuhara allegedly stole more than $16 million from the Los Angeles Dodgers star to cover millions of dollars of gambling debts, the U.S. attorney’s office announced Thursday. The office, which filed a criminal complaint against Mizuhara alleging bank fraud on Thursday, also said Ohtani had no knowledge of the fraud

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Beyond The Hype: Tesla Stock’s Fundamental Identity As An Automaker (NASDAQ:TSLA)

Richard Drury Investment Thesis For a long time, Tesla (NASDAQ:TSLA) has dominated the electric vehicle market. Under the leadership of Elon Musk, the company has invested a lot of money into technologies like self-driving cars, which has paid off in vehicle sales. In the Western Hemisphere, Tesla is still the biggest electric vehicle seller. However,

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How Green is Ethereum 2.0?

With Ethereum’s recent overhaul, called the Ethereum Merge, developers are looking to mitigate the excessive energy consumption involved in mining cryptocurrencies. Ethereum 2.0, the new version of Ethereum, promises reduced energy use, faster transactions, and lower gas fee. What are the chances of Ethereum 2.0 actually delivering on its promises? Key Takeaways The Ethereum blockchain upgrade

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Investors should immediately buy the stock market’s post-CPI dip with a June rate cut still on the table, Fundstrat says

Tom Lee was formerly JPMorgan’s chief equity strategist.Brendan McDermid/Reuters Investors should take advantage of the inflation-induced market sell-off and buy stocks, according to Fundstrat. Fundstrat’s Tom Lee said there was real progress made in the March CPI report, suggesting that disinflation will continue. Lee also sees a strong possibility of a Fed interest rate cut

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Jim Cramer says Wall Street’s too cynical about Powell, Nvidia, Apple

CNBC’s Jim Cramer on Thursday said Wall Street should be less jaded, saying that to see gains it is necessary to trust certain deserving market-moving figures. He specifically said he has faith in Federal Reserve Chair Jerome Powell, Nvidia‘s Jensen Huang and Apple CEO Tim Cook, even as some on Wall Street have negative sentiments

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CEMATRIX Corporation (CTXXF) Q4 2023 Earnings Call Transcript

CEMATRIX Corporation (OTCQB:CTXXF) Q4 2023 Earnings Conference Call April 11, 2024 1:00 PM ET Company Participants Jeff Walker – Investor RelationsJeff Kendrick – Chief Executive OfficerMJ Cantin – Chief Financial OfficerRandy Boomhour – Chief Operating Officer Conference Call Participants Jeff Walker All right, we’ll get started. Well, welcome everybody and thank you for joining us

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Costco is selling lots of gold; should you be buying? How this gold rush impacts the market

Costco’s decision to sell precious metals has brought it golden buzz. A Wells Fargo report stated that the bank’s analysts believe that the warehouse retail giant is selling between $100 million to $200 million in gold per month. Wells Fargo suggested that the precious metal offering was a way to add value to the company’s

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TSMC’s American chipmaking plans grow $25bn more ambitious

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. TSMC makes about three-quarters of the world’s most cutting-edge computer chips. But even as it builds new factories (or fabs) in America and Japan, it has kept its most advanced production at home in Taiwan.

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Bruker Offers Upside With Key Enabling Technologies For Future Bio-Pharma Research (BRKR)

Dr_Microbe/iStock via Getty Images The post-pandemic adjustment process has been a challenging one for many life science tool companies, as the bio-pharma end-market in particular pulled back significantly on capex in 2023 after overspending budgets during the pandemic to expand capacity for diagnostics, pharmaceuticals, and vaccines. With far more leverage to research tools than “production

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