The Golden Globes is synonymous with Hollywood’s most glamorous night, where stars bask in the spotlight, directors and producers celebrate their achievements, and fans anticipate the winners. Wwhile the awards celebrate artistic brilliance, the financial realities of this prestigious event often go unnoticed. From the cost of the iconic statuettes to the earnings of hosts,… Continue reading Golden Globes 2025: the big money behind Hollywood’s night of glitz and glamour
Stock Research
OpenAI embraces for-profit model to chase AI dreams
OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general intelligence (AGI). The company announced Friday that it will establish a public benefit corporation (PBC) to manage its burgeoning business operations, a move designed to… Continue reading OpenAI embraces for-profit model to chase AI dreams
HomeStreet Bank sells $990M in loans to BofA in strategic profit push
HomeStreet Bank, a Seattle-based lender, is making a significant move to shore up its financial position by selling nearly $990 million of its multifamily commercial real estate loans to Bank of America (BofA). This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of expensive funding sources. A… Continue reading HomeStreet Bank sells $990M in loans to BofA in strategic profit push
Bond markets tumble as year-end trading amplifies rate cut concerns
The bond market, often seen as a haven of stability, experienced a tumultuous end to the year, with thin trading volumes exacerbating a December selloff. As traders returned from the Christmas break, a significant shift in sentiment regarding interest rate cuts by major central banks sent bond yields soaring, particularly in Europe. A December to… Continue reading Bond markets tumble as year-end trading amplifies rate cut concerns
From minivehicles to market domination: how Osamu Suzuki shaped India’s car industry
The world of automobiles has lost a titan. Osamu Suzuki, the ingenious and fiercely pragmatic leader who propelled Japan’s Suzuki Motor to global prominence, passed away on Christmas Day at the age of 94 after a battle with lymphoma. His legacy, however, extends far beyond the confines of Japan; it’s deeply intertwined with the very… Continue reading From minivehicles to market domination: how Osamu Suzuki shaped India’s car industry
Affordable Chinese cars disrupt BMW and Mercedes sales in Mexico
The Mexican automotive market is undergoing a significant transformation as Chinese car manufacturers gain a foothold, disrupting the dominance of long-standing luxury brands like Mercedes-Benz and BMW, as per an AFP report. Traditionally, Mexico’s high-end car market leaned heavily on European and American manufacturers, but changing consumer preferences, price sensitivity, and improved quality are paving… Continue reading Affordable Chinese cars disrupt BMW and Mercedes sales in Mexico
Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC
Bitwise has filed an application to list and trade shares of an exchange-traded fund that will track companies holding significant amounts of Bitcoin as part of their treasury. The asset management firm’s regulatory filing with the US Securities and Exchange Commission on Dec. 26 outlines the ‘Bitcoin Standard Corporations ETF’ as a fund that will… Continue reading Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC
What makes iDEGEN an exciting meme coin to buy as we head into 2025?
Cryptocurrencies are broadly expected to have a strong 2025 as Donald Trump makes good on his promise of pro-crypto regulatory policies after taking office in January. A lack of a basic regulatory framework for exchanges and trading of cryptocurrencies is the predominant reason why many still feel reluctance in spending on this asset class, as… Continue reading What makes iDEGEN an exciting meme coin to buy as we head into 2025?
US probes China’s growing influence in legacy chips
The US is preparing to ramp up its trade restrictions on China’s semiconductor industry, this time focusing on legacy chips. With weeks remaining in its term, the Biden administration is poised to launch an investigation into Chinese-made legacy semiconductors, potentially leading to tariffs or import bans, as per a report from The New York Times.… Continue reading US probes China’s growing influence in legacy chips
