Stock Research

Wall Street’s main indexes opened higher on Monday after last week’s losses as a report suggested that the incoming Trump administration could adopt a less aggressive tariff stance.  Major stocks also rose as chip stocks in the US gained on Monday.  At the time of writing, the Dow Jones Industrial Average was 0.2% higher, while… Continue reading Dow and S&P 500 rise on Trump’s softer tariff stance; FuboTV soars 170%, auto stocks climb

Nippon Steel and US Steel have initiated a federal lawsuit against the Biden administration, challenging its decision to block a proposed nearly $15 billion acquisition of the Pittsburgh-based US Steel by the Japanese steelmaker. The lawsuit, filed on Monday in the US Court of Appeals for the District of Columbia, alleges that the decision was… Continue reading Nippon and US Steel launch legal challenge after Biden administration blocks $15 billion deal

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

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, 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

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

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

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 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