News

Bitcoin's Rally Slows Down, But More Gains Expected

Bitcoin experiences a minor decline after a recent rally, but there are indications of more gains in the future. Technical analysis suggests positive prospects.

Elanco Animal Health Reports Wider Loss in Q3

Elanco Animal Health announces wider loss in Q3, with a net loss of $1.1 billion attributed to a goodwill charge. Despite this, the company reports a 4% increas...

Carlyle Group Reports Sharp Drop in Third-Quarter Revenue

Carlyle Group reports a sharp drop in revenue for the third quarter, reflecting slower dealmaking. Profit, distributable earnings, total revenues, and assets un...

Nintendo Reports Strong First-Half Results

Nintendo announces strong first-half results, with a net profit increase of 18% and revenue growth of 21%. Robust earnings and impressive sales projections posi...

NBA and Diamond Sports Group Reach Agreement for Local Broadcasts on Bally Sports

The NBA and Diamond Sports Group have reached an agreement to ensure local broadcasts for 15 teams remain on Bally Sports. This deal brings stability to fans, n...

Surging South Korean ETF Benefits from Short Selling Ban

The iShares MSCI South Korea ETF (EWY) surges after the reimposed short selling ban, leading to its best performance since 2020 and boosting South Korean stocks...

Citigroup Considers Layoffs as Part of Restructuring Efforts

Citigroup is considering a significant reduction in its workforce, potentially one of the biggest layoffs on Wall Street. This article explores the challenges f...

Investors Losing Interest in Pharmaceutical Stocks

Investors have lost interest in pharmaceutical stocks despite company performance, creating potential bargains. Challenges faced by the industry include patent...

Cargo Therapeutics Announces IPO

Clinical-stage biotech Cargo Therapeutics announces an IPO to further develop next-generation cell therapies for cancer patients and raise $273.7 million.

The Retirement Needs of Low-Wage Workers

Discover how low-wage workers are affected by Social Security and the findings of Vanguard's report on retirement readiness.