c/WallStreetBets

PayPal Holdings Inc. is rolling out a stablecoin, the first by a large financial company and a potentially significant boost to the sluggish adoption of digital tokens for payments.

Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday.

This is when S&P 500 correction may end - Oppenheimer

Billionaire Twitter / X owner Elon Musk said in the tweet that there was “no limit” to the amount of fees X would cover.

The case for a US recession has been slowly collapsing as inflation eases and the economy holds remarkably steady, despite 11 interest rate hikes since the Federal Reserve began its latest battle against inflation in March 2022.

The CEO has been outspoken about his commitment to free speech on X, formerly Twitter, and allowed previously blocked accounts back on the platform.

The US job market has returned to pre-pandemic form.

Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and many of Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico...

Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world’s most valuable company.

The economy of Texas has evolved dramatically since the Second World War. While today the state has become a destination for new technology investment, its economic foundation has traditionally been in cattle, cotton and carbon fuels. Fossil fuel development in Texas continues to grow and dominates ...

Amazon posted its strongest earnings beat since the end of 2020, and gave upbeat guidance for the third quarter.

For only the second time in history, America lost its perfect rating on its long-term debt — the exact thing everyone said would happen when lawmakers decided to play chicken with the full faith and credit of the United States.

Billionaire investor William Ackman stated that his hedge fund, Pershing Square Capital Management, has taken a position against U.S. 30-year Treasuries.

Fitch Ratings' Richard Francis told CNBC that the rating agency would need to see a long-term fiscal solution and a reduction of its debt.

Molson Coors beer brands are swallowing Bud Light’s market share in the wake of Bud's Dylan Mulvaney marketing campaign. Molson Coors reported second-quarter earnings Tuesday.

That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.

Fitch Ratings’ downgrade of US government debt sparked criticism from Washington and Wall Street even amid unease that swollen fiscal deficits risk eventual turbulence in markets, the economy and next year’s presidential election.

PHOENIX – August 1, 2023 – Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced an additional $16.3 million has been awarded to Nikola to support seven open-network hydro...

LEAWOOD, Kan., July 31, 2023--AMC Theatres® (NYSE:AMC & APE), the largest theatrical exhibitor in the United States and the world, today announced it achieved its highest single-week admissions revenue in the Company’s entire 103-year history, during the Friday-Thursday film week, July 21-July 2...

Up to three-quarters of Credit Suisse’s Russian clients will have to look for a new bank, according to a newspaper report.

Citi hikes S&P 500 price target: This is when it expects it to hit 5,000

According to BlackRock's findings, the percentage of people feeling on track for retirement has decreased from 68% in 2021 to 63% in 2022

A woman is suing the billionaire investor Leon Black, accusing him of raping her at Jeffrey Epstein’s Manhattan townhouse when she was 16 years old.

An investigation released Thursday says Tesla exaggerated the range of its vehicles and worked to suppress driver’s worries about their car’s battery life.

The hike is the Fed's 11th in its last 12 meetings.

Boost Infinite is bringing its Infinite Unlimited wireless postpaid plan to Amazon with an exclusive offer for Prime members. Amazon Prime members who purchase the Boost Infinite Unlimited SIM kit in the Amazon U.S. store will get 20% off the list price of $25, on top of a $25 bill credit toward the...

The deal includes wage increases for both full- and part-time workers.

Tesla shares have been hit by another downgrade. UBS lowered its rating on the stock from "buy" to "neutral," citing valuation concerns. Yahoo Finance Senior Reporter Pras Subramanian reports the details.

New leaked images show a Cybertruck prototype wrapped by Tesla to look exactly like its main competitor, the Ford F-150 Lighting. The Images also show the Cybertruck’s surprisingly small frunk space, the octovalve, 48-volt wiring, and front casting.

According to Robert Shiller, a renowned economics professor at Yale University, the remarkable ten-year surge in U.S. home prices may find

NVIDIA stock could hit $769 on ~$300 billion AI opportunity by 2027 - Mizuho

Spotify plans to raise the price of its advertisement-free premium streaming plan by $1 a month, sources told the Wall Street Journal.

With the biggest revenues since 2019, “Barbenheimer” gives the usual franchises a run for their money, selling out even predawn screenings.

Musk signaled he would do more to take the company in a new direction with a rebranding after acknowledging advertisers have been slow to return.

Commercial real estate faces a 'Category 5 hurricane' from rate hikes, warns billionaire investor Barry Sternlicht. His Starwood Capital