Tag: innovation

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Netflix Stock Surges 14% on Record Subscriber Gains and Buyback

Netflix stock jumps 14% in pre-market trading after reporting Q4 earnings that beat expectations, including a whopping 18.9 million user gain and a $15 billion stock buyback.

The Trump Effect: Davos Insiders Thrilled, Skeptics Concerned

The Trump effect has taken over all the dinner party chats at the World Economic Forum in Davos this year. Bank executives are exuberant, crypto has played a front-and-center role, and both Europe and China have issued conciliatory messages. But not everyone is sanguine Trump will usher in a booming economy.

Trump on TikTok Sale: I'd Be in Favor of Musk or Ellison Buying Under This Condition

President Trump says he would support a deal for TikTok if it gave the US half ownership, with Elon Musk or Larry Ellison as a potential buyer. Legal experts question if such a deal would satisfy the law's requirements for divestiture and prevent a ban.

China Rolls Out Stabilization Measures Amid Trump Uncertainty

China rolls out measures to stabilize its stock markets, including plans to boost pension investment, amid uncertainty in a second Donald Trump presidency.

China Caps Pay at Financial Firms to Promote 'Common Prosperity'

China introduces strict salary caps of 1 million yuan for executives in state-owned financial institutions, aiming to reduce income inequality amidst economic slowdown.

ECB's Knot: Market Bets on Rate Cuts 'Reasonable,' Beyond Too Uncertain

ECB Governing Council member Knot expects interest rate cuts in January and March, but future moves depend on global uncertainty and data.

BOJ Likely to Raise Interest Rates to Highest Since 2008

Bank of Japan Governor Kazuo Ueda is likely to raise interest rates on Friday, marking the highest level since 2008. Despite global financial market fluctuations due to US President Donald Trump's return to office, the BOJ's decision is widely anticipated.

Historic Winter Storm Disrupts Energy and Transportation in the US South

A historic winter storm threatens natural gas shipments from one of the biggest US export plants, while heavy snow shuts down schools, airports, and highways in the South, disrupting transportation and causing widespread power outages.

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Oracle's Ellison, Elon Musk Eye TikTok, Trump Wants 'Permit' in Exchange for 50%

President Trump supports potential TikTok purchases by Elon Musk or Larry Ellison, suggesting a deal that would grant the US half-ownership in exchange for a permit to operate. However, legal experts question whether a 50-50 joint venture would meet legal requirements for divestment and avoid a ban.