Gold prices weaken, spot slips below $1,900 as rate hike fears persist
Gold prices fell below key levels on Wednesday, extending a recent slump as persistent fears of rising interest rates, following…
OpenAI considering share sale at a valuation between $80B and $90B – WSJ
OpenAI is reportedly in discussions with investors regarding a share sale that could value the company between $80 billion to…
MicroStrategy adds $147 million in Bitcoin as cryptocurrency shows resilience
MicroStrategy, the US-based business intelligence firm, has purchased an additional $147 million worth of Bitcoin, a move that comes amidst…
Russia’s yuan adoption may erode dollar dominance, EBRD suggests
In the wake of the ongoing Ukraine war and subsequent sanctions, Russia’s adoption of the Chinese yuan could potentially undermine…
Consulting firm McKinsey to pay $230 million in latest US opioid settlements
(Reuters) – Consulting firm McKinsey & Co has agreed to pay $230 million to resolve lawsuits by hundreds of U.S.…
U.S. new car sales rise, Tesla leads while Ford and GM lag behind
The U.S. new car market is experiencing a boost in sales, backed by wage growth and employment, according to Cox…
Dollar Tree outperforms Amazon, Walmart, and Costco amid market downturn
In the midst of a market downturn, Dollar Tree (NASDAQ:DLTR) managed to break its loss streak on Tuesday, outperforming other…
Overheating issues plague iPhone 15 Pro due to internal design and titanium finish
Apple (NASDAQ:AAPL)’s latest flagship smartphones, iPhone 15 Pro and iPhone 15 Pro Max, have been reportedly experiencing overheating issues since…
Oil prices climb as markets focus on supply tightness
(Reuters) -Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into…
Alibaba’s Cainiao eyes Hong Kong IPO for expansion
Cainiao, the logistics arm of Chinese e-commerce giant Alibaba (NYSE:BABA), is planning an initial public offering (IPO) in Hong Kong…