According to Bloomberg news, it is pretty likely that the largest digital currency might be behaving more like a tech stock of late. But the crypto diehards are promising that this is not how things will always move.
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Elon Musk is buying out Twitter Inc. for $44 billion. After Musk bought a stake in the social media giant this month, this ends weeks of speculation.
The Monday announcement gave many details about the deal, and this contained much...
According to Bloomberg News, JP Morgan Chase Bank N.A has been sued by a French maker Ray-Ban glasses unit. It claims that the bank failed to address the red flags related to transactions as cybercriminals successfully drained out $272...
Netflix Inc. shares slumped last week and sending it to the bottom of the S&P index. The collapse has put the investors on edge as other quarterly results of extensive internet and technology companies are coming shortly.
The slump in...
Union members ratified a new contract with Lockheed Martin Corp. at their plant in Texas that manufactures the F-35 fighter jet. The new contract is valid for four years and two months and includes wage hikes and improved retirement...
According to a study conducted by Brookings Institution, the shareholders of some of the largest U.S. companies saw their wealth increase during the pandemic. In many cases, they surpassed employees' pay hikes by 50 times.
As per Bloomberg News, 22...
Ford Motor, one of the oldest luxury brands in America unveiled its first electric vehicle, the Lincoln star Concept, on Thursday to catch up with its rivals who have already plugged into the electric segment.
The SUV is elongated, has...
Ackman sold the Netflix holdings in his company Pershing Square Capital Management on Wednesday after the pioneer in streaming platform reported a drop in its subscriber base in the first quarter and projected a further decline in this quarter.
As...
JPMorgan Chase & Co lost their position as the lead underwriter in the IPO of Hong Kong-based Kingsoft Cloud Holdings Ltd after a note from one of the bank's analysts reduced the Chinese tech company targeted share price by...
Walgreens Boots Alliance Inc. is a U.S. company headquartered in Deerfield, Illinois, whose drugstore unit is being looked for acquisition by Reliance Industries Ltd, owner, and Billionaire Mukesh Ambani.
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According to people familiar with the matter and...