Tag: travel

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Investors Gobble Up MicroStrategy’s Bitcoin-Backed Bonds

MicroStrategy's massive bitcoin bet has attracted unlikely backers, including insurance companies and mutual funds, who see potential in its convertible bonds despite the risks associated with bitcoin's volatility.

Trump's Meme Coin Exposes the True Nature of Crypto

Cryptocurrency enthusiasts debate the significance of President Trump's meme coin, $Trump, as a reflection of the industry's focus on profit over innovation and inclusion.

Big Tech Earnings Season Kicks Off With Trump Factor Looming

Big Tech's earnings season begins next week with announcements from Apple, Meta, and Microsoft. Investors will watch for AI revenue, spending, and the impact of President Trump's policies on tech.

U.S. to secure LNG supply for Europe: Trump

US to ensure supply of LNG to Europe, says Trump

Roubin on humanoid robots and tariffs at Davos 2023

Economist Nouriel Roubini ("Dr. Doom") warns of massive job losses due to advancements in humanoid robots and large language models. He also expresses concerns about the potential impact of tariffs on the US economy, citing risks to inflation, interest rate hikes, and economic growth.

Tianqi Lithium Expects 2024 Loss as Lithium Market Downturn Drags On

Tianqi Lithium forecasts a net loss of up to $1.1 billion in 2024 due to a lithium price slump, leading to a production line halt in Australia.

Northern Trust Q4 Profit Surges Fourfold on Market Rally

Northern Trust reports a fourfold increase in Q4 profit, exceeding analysts' estimates, as rising equity markets boost its income from asset management and servicing.

European Banks Set for Government and Private Equity Stake Sales

Banking stocks in Europe are set to benefit from improving economic conditions, with governments and private equity firms looking to offload stakes. Positive outlooks for the sector and attractive valuations make it an opportune time for divestments.

Gap CEO Richard Dickson: No Plans to Break Up Retailer

Gap CEO shuts down talk of breakup, says platform and brand differentiation key to growth and shareholder value.

Petronas Transfers Kebabangan Field Operatorship to ConocoPhillips

In this article, Reuters reports that Malaysia's Petronas has transferred its rights for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips.