Author: Admin

Executives say it’s all about learning how to better run their businesses, but some corporate watchers question if this is just a PR move.

When the US supreme court voted 6-3 last Friday to strike down Donald Trump’s tariffs, he was incandescent. Two judges he had elevated – Neil Gorsuch and Amy Coney Barrett – were suddenly recast as traitors to the cause. Both were, he insinuated, under the sway of foreign interests. The court ruled that the tariffs overstepped the powers the US Congress granted under the 1977 International Emergency Economic Powers Act. Mr Trump responded by reaching for a 1974 trade law, invoking “international payments problems” to slap on a 10% tariff for 150 days.Mr Trump was moulded by the 1970s. His political…

Dana Investment Advisors Inc. increased its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 2.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 173,759 shares of the semiconductor manufacturer’s stock after buying an additional 4,442 shares during the quarter. Broadcom comprises about 1.7% of Dana Investment Advisors Inc.’s holdings, making the stock its 8th biggest position. Dana Investment Advisors Inc.’s holdings in Broadcom were worth $57,325,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a…

Despite dumping its treasury, Bitdeer boosted self-mining above 63 EH/s and significantly increased year-over-year Bitcoin production amid market pressure. In a bid to calm investor nerves after confirming that it has sold all of its Bitcoin holdings, Bitdeer Technologies framed the move as a deliberate liquidity decision rather than a bearish signal on the asset itself. In a recent statement, the Singapore-based miner stated that converting newly mined Bitcoin into cash is a pragmatic step as it evaluates several non-binding opportunities to acquire powered land, a process that requires capital readiness well before deals are finalized. Zero-BTC Balance Sheet…

Constellation Energy is keeping investors waiting for its yearly guidance, saying it will provide it in March. But that hasn’t dented the independent power producer’s stock, which zoomed toward its highest level in nearly six weeks on Tuesday, regaining some of its past luster.

Curve Finance founder Michael Egorov outlines why 2026 could mark stablecoins’ shift into core financial infrastructure and the next phase of on-chain finance.  Michael Egorov, Founder of decentralised protocols Curve Finance and Yield Basis.     Discover top fintech news and events! Subscribe to FinTech Weekly’s newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more   All throughout the previous year, we’ve seen signs that stablecoins are increasingly coming to behave less like a crypto category and more like financial plumbing in a more general sense. Regulation around stablecoins is becoming clearer, particularly with the introduction of…

US sets preliminary duties on solar imports from India, Indonesia and Laos

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Key PointsThe S&P 500, Dow, and Nasdaq all rose on Tuesday after posting sharp drops on Monday.Monday’s selloff was driven by AI disruption fears and renewed tariff uncertainty.Anthropic’s Tuesday event reassured investors that AI tools would complement existing software rather than replace it, inspiring Tuesday’s recovery.10 stocks we like better than S&P 500 Index ›Tuesday’s session marked a partial recovery from Monday’s broad sell-off. After a wobbly morning, the major market indexes rose in unison. The stabilization started around 10:30 a.m. ET and held firm as of 1:45 p.m. ET.Right now, the S&P 500 (SNPINDEX: ^GSPC) is up by 0.8%,…

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines is gearing up to shrink to a tiny version of its former self, focusing on high-demand travel periods and routes as well as expanding premium-class seats in an attempt to survive, according to a new plan it unveiled in U.S. Bankruptcy Court on Tuesday.The budget travel icon said it will get rid of even more of its Airbus fleet as it plans to exit its second bankruptcy in…