Investors in Goliath Ventures have filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan Chase of enabling an alleged $328 million crypto Ponzi scheme.The lawsuit claims JPMorgan served as Goliath’s primary bank during the operation, processing deposits and transfers to Coinbase…

After years of underperformance that left investors questioning the “King of Coffee,” Josh Brown is officially ringing the bell for a Starbucks (NASDAQ: SBUX) comeback.The veteran trader and chief executive of Ritholtz Wealth Management argues that the coffee giant has transitioned from a “fallen angel” into one of the most…

The FTSE 250 Index retreated sharply this week, reaching its lowest level since December last year. It dropped to £22,150, down by over 7.2% from its highest point this year, losing millions of pounds in value.The index will be in the spotlight next week as the Bank of England (BoE)…

Global markets opened Friday under pressure as geopolitical tensions in the Middle East continued to shape investor sentiment. Asian equities slid for a second straight week while oil hovered near the key $100 per barrel level amid fears of prolonged supply disruptions. Meanwhile, a temporary US waiver allowing purchases of…

Apple Inc. said on Thursday it will lower the commission fees it collects from developers on its App Store in mainland China, marking a significant concession in one of the company’s largest markets.The California-based company said its standard commission on in-app purchases and paid transactions will fall to 25% from…

Tesla’s China-made electric vehicle sales increased sharply at the start of 2026, recovering part of the ground it had lost to domestic rival BYD in the world’s largest car market. Data released by the China Passenger Car Association showed that Tesla delivered significantly more vehicles from its Shanghai factory during…

Shares of Adobe fell sharply by 8% in premarket trading on Friday after the software company said long-time chief executive Shantanu Narayen would step down, triggering investor concern at a time when the industry is also grappling with rapid changes brought about by artificial intelligence.While the fiscal first quarter results…

US stock index futures edged higher in choppy trading on Friday as investors awaited key economic data on growth and inflation, while escalating tensions in the Middle East continued to push oil prices higher and cloud the outlook for global markets.Futures tied to the Dow Jones Industrial Average rose 135…