Elon Musk‘s rocket manufacturing company SpaceX is now looking to turn its site in Starbase, Texas, into a new city. What Happened: Starbase General Manager Kathryn Lueders on Thursday submitted a letter to Cameron County Judge Eddie Trevino, Jr. requesting…
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 1% on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 44,257.30 while the NASDAQ rose 1.27% to 19,936.66. The S&P 500 also…
Qraft Technologies, a South Korean fintech backed by SoftBank, has significantly increased its investment in Tesla Inc. (NASDAQ:TSLA). This decision follows a nearly 40% surge in Tesla’s shares in November, despite a less-than-stellar Robotaxi event in October. What Happened: The fintech firm,…
SinoPac Financial Holdings chief economist Jack Huang expects chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to grow its business by 20% in 2025. What Happened: Huang said Wednesday that Taiwan Semiconductor could also be pivotal to an expected Taiex rally in…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Mizuho analyst Haendel St. Juste upgraded the rating for The…
Top cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and XRP (CRYPTO: XRP) are seeing declining bullish sentiment despite rising cost bases for holders. What Happened: Santiment data shows the crypto market sentiment, which had been bullish…
Solana (CRYPTO: SOL) reached a new all-time high on Friday morning, trading at $264.31 on Coinbase Inc. (NASDAQ:COIN), according to TradingView. This comes two years after the collapse of the crypto exchange FTX, which had sent Solana prices plummeting. What…
Industry experts are divided about the potential impact on airfare prices after Spirit Airlines (NYSE:SAVE) filed for bankruptcy. What Happened: Analysts are weighing on Spirit’s market share to determine how the airfares will go up in the face of bankruptcy, ABC…
Royal Caribbean Cruises Ltd (NYSE:RCL) stock has surged to an all-time high of $238.10 in November following Donald Trump's presidential election win, as investors anticipate a favorable economic environment for the travel and leisure industry. Trump's pro-business policies, including proposed…
In the wake of Donald Trump’s recent election victory, companies are rushing to tap into the US bond market, taking advantage of favorable conditions. Firms such as Caterpillar Inc. (NYSE:CAT), Gilead Sciences Inc. (NASDAQ:GILD), and Goldman Sachs Group Inc. (NYSE:GS)…
