by Shivam | Jan 24, 2025 | Blockchain, Cryptocurrency, Economics
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
by Shivam | Jan 7, 2025 | AI, AI, Automotive, Automotive, Investing News, Market News, Technology
Aurora Innovation (AUR), a leader in autonomous trucking, experienced a dramatic surge in its stock price, rising over 30% by 11 am EST after announcing a strategic partnership with Nvidia (NVDA) to scale the deployment of self-driving trucks. The deal, unveiled at...
by Shivam | Oct 30, 2024 | Entertainment, Investing News, Market News, Recreational Use, Stock Market, Technology
In a remarkable turn of events, Reddit’s shares soared nearly 40% in early morning trading after the company announced its first-ever profit in nearly 20 years. For the period ending in September, Reddit reported a net profit of $29.9 million, equating to 16 cents per...
by Shivam | Oct 23, 2024 | Automotive, Automotive, Cleantech, Investing News, Market News, Products, Retail, Stock Market, Technology
Tesla (TSLA) is set to report its earnings after the market closes on Wednesday, and analysts have their eyes on key figures. The consensus estimate for earnings per share (EPS) stands at 58 cents, with anticipated revenue reaching $25.37 billion, according to LSEG...
by Shivam | Oct 8, 2024 | AI, Investing News, Market News, Stock Market, Technology
In a promising turn of events for investors, stocks rallied significantly after Nvidia extended its impressive five-day rally to 13%. This surge comes as part of a broader recovery for the market, following its worst session in a month. The positive momentum was...
