Airbnb Sees Demand Moderating as Chesky Readies for Pivot
Airbnb Inc. ended 2023 stronger than analysts’ had expected but suggested that demand in the current quarter wouldn’t be as…
Oil Prices Rise on IEA Consumption Forecast, OPEC Readies Outlook
Oil rose as the International Energy Agency said it expects global demand to increase in 2024 albeit at a “comfortable”…
Bitcoin Hits $50,000 Milestone Amid Soaring ETF Interest
Bitcoin hovered around $50,000 after scaling the closely watched level for the first time in over two years, a remarkable…
Tesla’s Response to Demand Drop as Stock Falls
Tesla (TSLA) shares edged lower Monday after the carmaker unveiled a fresh round of U.S. price cuts, raising further questions…
Google pledges 25 million euros to boost AI skills in Europe
Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing…
Dollar steady, US inflation data tops this week’s bill
The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could…
Lockheed Martin Will Sell $23 Billion Worth of F-16 Fighter Jets to Turkey
Military contractor Lockheed Martin (NYSE: LMT) is in the business of building fighter jets — and business is booming. In…
Devon Energy Could Soon Join the Oil Patch Acquisition Binge
There’s currently a massive consolidation wave happening in the oil patch. Oil giants ExxonMobil, Chevron, and Occidental Petroleum have sealed…
Bitcoin Hovers Near One-Month High on ETF Inflows, Looming Halving
Bitcoin advanced past $46,000 to a one-month high, supported by signs of steady inflows into a batch of US funds…
Mercedes, Stellantis Battery JV Nears €4.4 Billion Debt Deal
The electric-car battery venture led by Stellantis NV and Mercedes-Benz Group AG is close to raising €4.4 billion ($4.7 billion)…