by Lucas Shum | Jun 17, 2025 | Market News, Products, Recreational Use
By all appearances, Philip Morris International (PM) is having a moment. Fueled by the explosive popularity of its smoke-free nicotine pouch product Zyn, the company’s stock recently hit a record high, and Wall Street analysts still see “impressive growth”...
by Leland Li | Jun 12, 2025 | Retail, Stock Market
GameStop (NYSE: GME) stock plunged nearly 25% on Thursday after the video game retailer announced plans to raise $1.75 billion through the sale of convertible bonds. The move, aimed at boosting cash reserves, involves issuing convertible senior notes that investors...
by Shivam | May 27, 2025 | Domestic, Economics, Market News, Stock Market
U.S. stocks rallied on Tuesday, driven by renewed optimism over trade relations with the European Union after President Trump announced a delay in imposing steep tariffs on EU imports. Markets responded positively to the news, with all major indexes seeing notable...
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The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets.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 | Oct 15, 2024 | Investing News, Market News, Stock Market
U.S. stock markets experienced a significant pullback on Tuesday, with the Dow Jones Industrial Average closing down 324.80 points, or 0.75%, at 42,740.42. This decline marked a retreat from the record highs reached in the previous session, as traders digested the...
