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Stock Market Dips Following Hot Inflation Data

US stocks dipped as inflation data exceeded expectations, complicating the Federal Reserve's outlook for interest rate adjustments. Key inflation and job market data raise concerns about economic stability.

Oct 10, 2024

ExxonMobil-Led Consortium Advances Seismic Research for Gas Exploration Off Crete

Greece announces that an ExxonMobil-led consortium will advance to the second phase of seismic research for gas exploration off Crete, following successful data collection.

Oct 10, 2024

China Vows To Hit Economic Goals, Stops Short Of Large Stimulus

China expresses confidence in achieving economic targets but disappoints investors with limited stimulus measures, leading to significant market reactions.

Oct 9, 2024

Bernard Arnault Suffers $13 Billion Loss Amid China's Economic Uncertainty

Bernard Arnault, CEO of LVMH, lost $13 billion in a day due to China's uncertain economic recovery, highlighting the volatility of the luxury market.

Oct 9, 2024

Wall Street Bounces Back Amidst Global Market Turmoil

U.S. stocks rebounded on Tuesday as falling oil prices eased market pressures, despite a significant drop in Hong Kong stocks, marking their worst day since 2008.

Oct 9, 2024

Major Cryptocurrency Fraud Bust: 18 Charged in US

U.S. federal prosecutors charge 18 individuals and companies in a major cryptocurrency fraud case, involving market manipulation and sham trading practices.

Oct 9, 2024

Super Micro Shares Surge as AI Boom Drives 100,000 Quarterly GPU Shipments

Super Micro Computer's stock surges 14% as the company announces over 100,000 quarterly GPU shipments, driven by the booming AI market and new liquid cooling technology.

Oct 8, 2024

Chevron Divests $6.5 Billion in Canadian Assets to Canadian Natural Resources

Chevron Corporation has sold its Canadian assets to Canadian Natural Resources for $6.5 billion, part of a broader strategy to streamline its global energy portfolio.

Oct 8, 2024

FTX's Liquidation Plan Gets Court Approval: A New Dawn for Customers

FTX's bankruptcy liquidation plan has received court approval, allowing the exchange to repay billions to customers. This article explores the implications and details of the plan.

Oct 8, 2024

Activists Rally Against 76ers Arena Development in Philadelphia's Chinatown

Activists in Philadelphia's Chinatown rally against the proposed development of a $1.3 billion arena for the 76ers, citing concerns over gentrification and community identity.

Oct 7, 2024

NVIDIA Corporation (NVDA) Positioned as Top Pick in AI Sector; CEO Huang Anticipates Billions in Revenue from High-Demand Blackwell GPUs

NVIDIA Corporation (NVDA) is positioned as a top pick in the AI sector, with CEO Jensen Huang anticipating billions in revenue from the high-demand Blackwell GPUs.

Oct 7, 2024

Bond Traders Brace For ‘No Landing’ Scenario After Job Market Surprises

Bond traders are recalibrating their strategies following a surprising jobs report that has reignited discussions around a ‘no landing’ scenario for the U.S. economy, suggesting continued growth and inflation.

Oct 7, 2024

LBank Exchange Set to List WIBE (Wibegram) on October 6

LBank Exchange announces the listing of WIBE (Wibegram) on October 6, 2024, enhancing the platform's offerings in the cryptocurrency market.

Oct 6, 2024

Biden Urges Restraint: Israel's Response to Iran's Missile Attack

President Biden discourages Israel from attacking Iran's oil fields amid rising tensions following a missile barrage from Iran, emphasizing the need for alternative responses.

Oct 5, 2024

Kamala Harris Advocates for National Reserve for Critical Minerals

Kamala Harris proposes a national reserve for critical minerals to enhance U.S. manufacturing and reduce reliance on foreign sources, particularly China.

Oct 5, 2024