New orders for durable goods rose 1.0 percent in October, following a 0.3 percent gain in September. Total durable-goods orders are up 11.5 percent from a year ago. The October…
Sales of new single-family homes rose in October, increasing 7.5 percent to 632,000 at a seasonally-adjusted annual rate from a 588,000 pace in September. The October gain was the third…
David Einhorn needs no introduction as he is one of Wall Street’s most famous investors. He is not afraid of making bold calls, and the hedge fund he manages, Greenlight…
Core Scientific (NASDAQ: CORZ), a publicly traded crypto miner that’s facing increased possibility of bankruptcy, has revealed a $434 million loss for the period ending September 30, 2022. The Bitcoin…
Alesia Haas – the Chief Financial Officer of Coinbase Global Inc (NASDAQ: COIN) once agreed to at least a “small risk of bankruptcy” on CNBC. Six months later, those concerns…
The 40-year MNO lock-in is broken, as power switches to the hands of the enterprise, and proprietary relationships become a challenge of the past. As enterprises build towards private LTE,…
The Biden administration has launched a full-scale economic offensive against China. Although the US has the stronger, more-advanced economy, victory will come only at a high price. Indeed, America could…
Bitcoin (BTC/USD) traded above $16,000 on Wednesday morning, rising by about 3.2% at the time of writing to hover just above $16,500. Despite the upside, the flagship cryptocurrency remains vulnerable…
News that The Walt Disney Corporation’s former CEO, Robert Iger, would return to the helm of the firm surprised Wall Street, Disney employees, and ousted CEO Bob Chapek alike. The…
The energy crisis in Europe continues to draw division among EU member states regarding the best way to address it. Some members are now against plans to cap natural gas…