Bakery franchise chain Crumbl explores $2 billion sale
The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including…
Nvidia stock falls after Biden administration releases updated export rule for AI chips
Nvidia stock (NVDA) fell as much as 3% early Monday after the Biden administration released an updated export rule aimed…
Oil Hits Four-Month High as US Sanctions on Russia Sow Confusion
Oil rallied to the highest level in more than four months as a fresh wave of US sanctions against Russia’s…
Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap
European stocks and US equity futures dropped as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data.…
Porsche’s 2024 China sales fall by 28%
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in…
Hyundai launches $18,000 EV in Japan to penetrate EV-wary market
South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a…
Nvidia criticizes reported Biden plan for AI chip export curbs
Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports,…
How Trump’s energy vision aligns with Bitcoin’s economic and geopolitical promise
“Trump is early in his bitcoin journey, as most people are when they start,” Bailey noted. He explained that Trump’s…
TSMC’s fourth-quarter revenue handily beats market forecast
TSMC, the world’s largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), asily beating a market…
Oil in Longest Run of Weekly Gains Since July as Market Tightens
Oil headed for a third weekly gain — set for the best run since July — as signs of market…