KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, is ready for a major expansion into the Democratic Republic of Congo (DRC) – a country with a vast commodity wealth, including cobalt, copper, and lithium. "KoBold is…
ARK Invest on Friday outlined a conservative price target of approximately $300,000 for Bitcoin (CRYPTO: BTC) by 2030, according to its report published this week. The projection represents the firm's bear case scenario and is based on Bitcoin achieving moderate…
Famed GameStop Corp. (NYSE:GME) short seller, Andrew Left from Citron Research, revealed that he was long China as he discussed his three long positions on Tuesday. What Happened: Left disclosed that he was long First Solar Inc. (NASDAQ:FSLR), Amazon.com Inc.…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Piper Sandler cut Sarepta Therapeutics, Inc. (NASDAQ:SRPT) price target from…
United Airlines Holdings Inc. (NASDAQ:UAL) said it will roll back its flight operations this summer as the company readies itself for a decline in air travel. What Happened: In a full-year forecast released by the company, United Airlines announced it…
Leading chip manufacturer Intel Corp. (NASDAQ:INTC) entered the Bitcoin (CRYPTO: BTC) mining hardware market with its Blockscale chip line but ended it after only a year of operation. What Happened: In April 2022, Intel launched Blockscale, a set of application-specific…
On Thursday, April 10, U.S. markets closed lower as renewed fears over President Trump’s escalating trade war with China erased much of the previous day’s historic rally. The S&P 500 and Nasdaq had surged following a 90-day tariff reprieve, but…
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned Wednesday that escalating U.S.-China trade tensions have significantly increased the risk of a recession after President Donald Trump's tariff policies destabilized financial markets. The Details: During a Fox Business interview, Dimon…
The apparel industry is bracing for a significant impact as tariffs are set to increase the cost of clothing, potentially ending the era of cheap garments. What Happened: The Trump administration’s tariffs are poised to hit the clothing industry particularly…
As the global trade war escalates due to unprecedented U.S. tariffs, this analyst has mapped out three possible economic scenarios, with the worst-case outcome forecasting a deep recession and a potential stock market plunge of up to 60%. What Happened:…