In a twist that has reverberated through stock market and mining circles, the Drug Enforcement Administration (DEA) recently encountered an unexpected setback, leading to the loss of over $50,000 worth of cryptocurrency. This incident unfolded amidst a thorough three-year investigation into the potential use of virtual currency for laundering suspected drug proceeds. The…
In a recent X post by Robert Kiyosaki, the prominent entrepreneur, businessman, and author acclaimed for his groundbreaking book “Rich Dad, Poor Dad,” has ignited fervent discussions within the investment sphere with a daring proclamation concerning precious metals. Kiyosaki’s Insightful Perspective: Drawing attention to silver, Kiyosaki declared, “BIB: Biggest Investment Bargain.” He shed light…
Workday Inc (NASDAQ:WDAY) has unveiled impressive financial results for Q2 FY24, showcasing a remarkable revenue growth of 16.3% year-over-year, reaching a substantial $1.79 billion. This achievement has outperformed the consensus forecast of $1.77 billion. A significant highlight includes the remarkable growth in subscription revenues, which surged by 18.8% year-over-year to an impressive $1.62…
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond to threats from the Kremlin that foreign-owned assets may be seized. Below are some of the companies by sector that have secured…
SHANGHAI (Reuters) -China’s central bank has stepped up efforts to support the yuan currency this week in the wake of renewed downside pressure amid Beijing’s underwhelming measures to stabilise a faltering economy and widening yield differentials with the United States. The People’s Bank of China (PBOC) has asked some domestic banks to scale back their…
By Jonathan Stempel (Reuters) -Whirlpool agreed to pay an $11.5 million civil fine to resolve U.S. Consumer Product Safety Commission charges that it failed to immediately report that its glass cooktops could turn on by themselves, posing burn and fire hazards. Thursday’s settlement covers 17 models of electric radiant heat cooktops under the JennAir, KitchenAid…
(Reuters) – Russian mercenary chief Yevgeny Prigozhin was believed dead after a private jet on which he was listed as a passenger crashed north of Moscow with no survivors. Prigozhin, 62, spearheaded a mutiny against Russia’s top army brass on June 23-24, which President Vladimir Putin said could have tipped Russia into civil war. Others…
(Reuters) – Former U.S. President Donald Trump faces numerous legal troubles as he seeks the Republican nomination to face Democratic President Joe Biden in the 2024 presidential election. Trump, 77, denies any wrongdoing. Here is a look at the major legal cases involving Trump. GEORGIA ELECTION-TAMPERING PROBE Trump on Aug. 15 was hit with a…
Analyst Jason Helfstein from Oppenheimer remains bullish on Netflix Inc (NASDAQ:NFLX), emphasizing an Outperform rating with a target of $515. This projection comes as Netflix experiences multiple growth drivers, many of which Helfstein believes investors might be undervaluing. In his assessment, Helfstein recognizes the potential in paid sharing and advertising strategies, anticipating they…
Recent analyses have shown multiple options trades for Ford Motor (NYSE:F), totaling approximately $954,701. Concurrently, another set of trades have been identified, amounting to around $968,782. Price Target Considerations: Based on the Volume and Open Interest of these contracts, significant activity has been observed, suggesting a price target range for Ford Motor between…
