Investing
Most large cryptocurrencies were up during morning trading on Friday, with Ripple XRPUSD, +0.48% seeing the biggest change, climbing 4.55% to 53 cents. Seven additional currencies posted gains Friday. Solana SOLUSD, +9.46% climbed 2.18% to $20.14, and Cardano ADAUSD, +2.99% rose 1.26% to 25 cents. Dogecoin DOGEUSD, +0.45% rose 0.89%…
Europe’s manufacturers are braced for a Chinese electric car sales onslaught but the impact will be mitigated by their establishment of European factories and willingness to set up local joint ventures. Threats of tariffs won’t stall China’s threat to European electric carmakers, but the plans might stumble as the promised…
Shares of Fisker Inc. seesawed higher Friday, after the electric vehicle maker announced intentions to offer additional convertible debt to an existing institutional investor. The company said it plans to offer $170 million of 0% senior unsecured convertible debt due 2025 to the investor. Given the notes have an original…
Barstool Sports founder Dave Portnoy has purchased a waterfront home in Nantucket for $42 million, the most money ever spent on a house on the island off Cape Cod, according to a Friday report from the Wall Street Journal. The record-setting transaction for the island enclave tops the previous high…
The Taylor Swift and Travis Kelce hysteria is poised to continue another week. After weeks of rumors that Kansas City Chiefs star Travis Kelce and Taylor Swift were dating, the singer showed up at a Chiefs game last week, and is expected to attend the Chiefs-Jets game on Sunday night,…
The so-called Magnificent Seven lost some luster in the latest quarter, as they proved no longer the big market drivers they were earlier this year. The seven largest tech stocks — Apple Inc. AAPL, +0.30%, Microsoft Corp. MSFT, +0.67%, Alphabet Inc. GOOG, -0.96% GOOGL, -1.10%, Amazon.com Inc. AMZN, +0.90%, Nvidia Corp.…
Changing the name wasn’t enough. It took a change in the ticker symbol to generate investor interest in BTC Digital Ltd.’s stock, which doubled on heavy volume on Friday. The China-based blockchain technology and cryptocurrency mining company’s stock starts trading Friday under the new ticker “BTCT,” which was changed from…
Retail giant Amazon.com has been committed in recent years to buying electricity produced by utility-sized renewable energy, a key step in offsetting its large carbon-emissions footprint due in part to speedy deliveries. And Amazon’s efforts show the Seattle-based global e-tailer sees value in putting energy projects smack in the middle…
Oil futures settled nearly unchanged Monday after Russia announced plans to ease its fuel-export ban, while investors weighed tightening supplies and an uncertain demand outlook after the Federal Reserve last week signaled interest rates could remain higher for longer than anticipated. Price action West Texas Intermediate crude CL00, -0.02% CL.1,…
What do you think about when you picture the American Dream? For many, it includes marriage, kids, and buying a home with a white picket fence. But, not all of those elements are required for happiness or financial stability. For some people renting may make more sense for their financial…