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SEC Rescinds Controversial Rule on Crypto Assets

SEC Rescinds Controversial Rule on Crypto Assets

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The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets.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...
Aurora Innovation’s Stock Skyrockets 30% After Game-Changing Nvidia Partnership

Aurora Innovation’s Stock Skyrockets 30% After Game-Changing Nvidia Partnership

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...
Reddit Rises: Shares Skyrocket 40% as the Platform Hits Profit Milestone

Reddit Rises: Shares Skyrocket 40% as the Platform Hits Profit Milestone

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...
Tesla (TSLA) Earnings Report: What Analysts Expect

Tesla (TSLA) Earnings Report: What Analysts Expect

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...
Nvidia Sparks a Tech Rally: Stocks Surge After 13% Gain

Nvidia Sparks a Tech Rally: Stocks Surge After 13% Gain

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...
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Gold Stocks Surge as Investors Seek Safety Amid Trade War Fears

by Suzeline Michel | Apr 11, 2025

old stocks climbed sharply Friday...

Intel Corporation (INTC) Stock Falls 7.5% Amid CEO Change and Shift to AI

by Leland Li | Apr 8, 2025

Intel Corporation (NASDAQ: INTC) saw...

US Stocks Plunge as Trump’s “Liberation Day” Tariffs Spark Global Sell-Off

by Ming Mui | Apr 3, 2025

US stocks took a massive hit on...

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