The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets.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...
Gold Stocks Surge as Investors Seek Safety Amid Trade War Fears
old stocks climbed sharply Friday morning, driven by a surge in gold prices as investors sought refuge from mounting economic uncertainty. B2Gold Corp. (NYSE: BTG) and Barrick Gold Corporation (NYSE: GOLD) both saw shares rise approximately 6% in early trading. The...
Intel Corporation (INTC) Stock Falls 7.5% Amid CEO Change and Shift to AI
Intel Corporation (NASDAQ: INTC) saw its stock plummet by 7.5% on Tuesday, marking a challenging day for the semiconductor giant. The drop comes as the company attempts to stage a comeback under its newly appointed CEO, Lip-Bu Tan. While the stock's decline signals...
US Stocks Plunge as Trump’s “Liberation Day” Tariffs Spark Global Sell-Off
US stocks took a massive hit on Thursday, with the Dow Jones Industrial Average tumbling more than 1,200 points, reflecting widespread panic among investors after President Donald Trump's announcement of steep tariffs. The move, which he dubbed "Liberation Day," sent...