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Economy, Stocks

“The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says”

July 10, 2024

“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…

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Cryptocurrencies

“From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble”

July 1, 2024

“… …” https://www.cnbc.com/2024/06/16/inside-latest-crypto-firm-paying-billions-to-end-legal-troubles-.html

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Stocks

“Computing firm Raspberry Pi pops 38% in rare London market debut” [JUN 11 2024]

June 28, 2024

“Shares of Raspberry Pi surged Tuesday, rallying by more than 38%, as the British computing startup sought to raise some £166 million ($211.2 million) from its initial public offering…” https://www.cnbc.com/2024/06/11/rasperry-pi-ipo-computing-firm-to-raise-211-million.html

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Business

“Fintech firm Klarna says 90% of its employees are using generative AI daily”

May 15, 2024

“… …” https://www.cnbc.com/2024/05/14/klarna-says-90percent-of-its-employees-are-using-generative-ai-daily.html AI is the future. Get ready for it.

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Stocks

“Philips shares rocket 29% as firm settles U.S. respiratory device case”

May 2, 2024

“Philips shares soared to a more than two-year high Monday after the Dutch medical devices giant agreed to a $1.1 billion settlement in the U.S. for personal injury cases linked to the recall of some of its sleep apnea devices. Millions of… Continue Reading…

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Stocks

“Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall”

April 22, 2024

“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…

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Business

“Israel’s Cyera triples valuation to $1.4 bln in funding led by U.S. investment firm”

April 10, 2024

“April 9 (Reuters) – Israel’s data security firm Cyera has tripled its valuation to $1.4 billion in less than a year as it raised fresh capital in a series C funding led by U.S. tech-focused fund Coatue Management… The rapid… Continue Reading…

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Business, Stocks

“Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share”

April 5, 2024

“Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share. Endeavor’s stock rose more than 2% Tuesday afternoon after a brief halt ahead of the announcement. It was trading just under $26 per share. Silver… Continue Reading…

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Economy, Energy

“No Money, No Purchases, China’s EV Firms in a Bloody Survival Battle, 70% of Brands to Vanish”

April 2, 2024

The scam is starting to fall apart. Smart companies are switching back to gas or hybrids. EV’s are a scam. Do not buy them. They are designed to destroy economies and control populations.

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Business

“Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal”

February 28, 2024

“Chipmaker Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a $4-billion deal to streamline its portfolio after the $69-billion purchase of VMware last year. The end-user computing… Continue Reading…

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