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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
The rise and fall of Canada's 'Crypto King' Aiden Pleterski
Yahoo News - World -
Teen Who Died After Spicy ‘One Chip Challenge’ Had Enlarged Heart
A subsidiary of the Hershey Company pulled the chip from store shelves in September after Harris Wolobah, 14, ate one and died. He suffered cardiopulmonary arrest, a medical examiner found.The New York Times - Business -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Old Syria explosion photo falsely portrayed as 'Israel in May 2024'
Yahoo News - World - Israel
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Technology stocks are once again leading the way in 2024. Why these ETFs tell a different story.
U.S. stocks are rallying in 2024, but some of the most popular ETFs tracking key sectors haven’t kept pace, leading to significant gaps between their returns and the indexes they are designed to mirror.MarketWatch - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
‘An AI-fueled equity bubble’ will see big tech lead the charge in coming months
Big tech can once again be the market’s crown jewels says Capital EconomicsMarketWatch - Business -
Why a shift in market environment may make an ‘accident’ more likely
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business -
‘I was hospitalized due to blood poisoning from a feral cat bite — and the copay wiped out my savings’: Should I cash out my $12,000 life-insurance policy?
“I am now in my 50s and have no family. I have no children and no siblings left.”MarketWatch - Business