Tesla shareholder sues Musk to return billions in alleged unlawful profits
Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit…
Oil to rise to $86 per barrel this quarter on ‘solid summer demand
Oil prices are expected to jump this summer on demand for transportation and cooling. Goldman Sachs analysts forecast Brent crude…
Daiwa Securities to Buy Aozora Bank Stake From Activist Fund
Daiwa Securities Group Inc. said it has agreed to buy a stake in Aozora Bank Ltd. from a fund with…
Cargojet enters charter deal for Chinese e-commerce
Cargojet, best known for operating a domestic overnight airfreight network in Canada for Amazon and DHL Express, said Monday it…
Apple’s AI launch at WWDC could hinge on something it hates to do
Apple shares nudged higher Monday, putting them back within touching distance of their recent record highs, as investors look to…
Nvidia stock split: What’s next for the stock and other AI plays
Nvidia (NVDA) is joining its mega-cap tech peers, becoming the fourth Magnificent 7 stock to split since 2022. The chip…
iPhone 16 Pro and Pro Max camera tweak teased in new schematic leak
We’re not expecting to see huge changes in terms of design when the iPhone 16 Pro and the iPhone 16…
A shift away from the US dollar is happening in real time, and investors must be ready
The US dollar’s dominance is in decline as Russia and Saudi Arabia eye the Chinese yuan for oil trades, and…
Bitcoin Rally and ‘Short Memories’ Reignite Everything in Crypto
Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but…
TSMC’s May sales rise 30% as countries race to secure AI chips
Taiwan Semiconductor Manufacturing Co.’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for artificial intelligence…