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Shares of Super Micro Computer soared 31% on Tuesday after the company announced the appointment of BDO as its new auditor and submitted a compliance plan to Nasdaq to maintain its listing. This development has fueled optimism among investors, leading to a more than 50% rise in the company’s stock over the past two trading days. Despite this recove…

Jim Cramer has advocated for owning Tesla stock, emphasizing its value not due to reported plans by President-elect Donald Trump to relax U.S. self-driving regulations, but primarily because of Tesla CEO Elon Musk. The Strength of Tesla Jim Cramer explained that while a national mandate for self-driving vehicles may not seem imminent, the cas…

Stock futures saw minimal movement on Sunday night as investors gear up for a significant earnings week and continue to monitor market reactions following last week’s declines. Futures tied to the Dow Jones Industrial Average fell slightly by 16 points or less than 0.1%. S&P 500 futures increased by 0.1%, while Nasdaq 100 futures posted a mo…

In an impressive display of confidence, Disney presented a rare three-year financial forecast on Thursday, reassuring investors with its long-term growth plans despite current economic uncertainties. Disney’s leadership affirmed that investments in its extensive park expansions, robust film slate, and even traditional television assets are set to d…

Federal Reserve Chair Jerome Powell indicated Thursday that robust U.S. economic growth is allowing policymakers to take a measured approach in deciding on potential interest rate reductions. He emphasized that, given current economic signals, the Fed doesn’t feel pressured to expedite rate cuts. Chair Powell, speaking to a group of business lea…

In early November, Shayne Coplan, the 26-year-old founder of the online prediction market Polymarket, experienced a whirlwind of career highs and sudden setbacks. Within days, Coplan received a high-profile call from Mar-a-Lago, made his first television appearance, and faced an unexpected raid on his New York City apartment by the FBI. The eventfu…

Stock futures in the U.S. showed little movement on Wednesday night, as the recent post-election rally began to slow. Futures on the Dow Jones Industrial Average rose by a modest 7 points, while the S&P 500 futures remained near the flatline, and Nasdaq 100 futures slipped slightly by 0.04%. In after-hours trading, CNH Industrial shares saw …

Volkswagen Group has boosted its planned investment in a joint venture with electric vehicle (EV) manufacturer Rivian Automotive, raising the deal to an estimated $5.8 billion, up from an initial investment plan of $5 billion. The partnership between Volkswagen and Rivian, set to launch on Wednesday officially, will see the first Volkswagen models …

Bitcoin’s price has climbed to a new peak, hitting $87,000, as crypto markets surged in response to Donald Trump’s victory in the U.S. presidential election. The world’s largest cryptocurrency continues to attract investor interest, reaching this unprecedented high due to both market momentum and optimism around a potentially crypto-friendly admini…

Bitcoin recently reached a historic high near $81,000, fueling a surge of enthusiasm among investors who believe the cryptocurrency's upward trajectory is set to continue. This optimism follows recent U.S. elections, which saw an influx of pro-crypto candidates winning office, leading to a bullish outlook in the crypto market. The open interest …