Amazon reaches $2 trillion market cap for the first time
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple, Alphabet and Microsoft,
The ‘funflation’ effect: Why Americans are spending on travel and entertainment
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term economists use to
Rivian secures up to $5 billion from Volkswagen; shares soar 40%
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes plans for $1 billion
Amazon plans to launch discount store in bid to fend off Temu and Shein
Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned. The storefront, announced
Inflation vs. wages: How rising prices stack up against growing pay
It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in 2024? The short answer: further than they might think. Since February 2020, the Consumer
What Makes a Crypto License So Important to Investors?
Table of ContentsToggleBitcoin, Ethereum and other cryptocurrencies have become integral to the modern world. Nonetheless, there are numerous crypto-related questions. People would like to learn more about crypto regulations, including a crypto license. Let’s first discuss the role and main advantages
Georgia vs Portugal: The Rise of Georgia’s Football Glory
Few analysts and neutral football fans expected something like this to happen at the home ground of Schalke 04. The underdogs made history on June 26th, reaching their first major tournament knockout stage with a victory over Portugal at Euro
Solana Breaks Out: 3.5% Rise to $137.31 Attracts Bulls
Solana (SOL) breaks out from a descending channel, trading at $137.31, a 3.5% rise since Tuesday. The trendline retest level around $132.34 could support further bullish moves, targeting $151.79. RSI shows recovery, but AO remains tentative; sustained positions above neutrality are needed
China’s Rise to Global Leadership in Electric Vehicles
Strategic Policies: China’s rise in EVs is due to strategic policies and substantial public investment. Market Dynamics: Allowing market forces and company failures was crucial for industry growth. Foreign Influence: Tesla’s local production in 2019 boosted China’s EV sector and consumer confidence. China’s
Mt. Gox: From Owning Bitcoin Trades to Bankruptcy
Mt. Gox was a Shibuya, Tokyo, Japan-based bitcoin exchange. When first launched in 2010, it managed more than 70% of all bitcoin (BTC) buys and sales globally. However, in early 2014, it abruptly closed due to revelations that it had