Air Canada operations were disrupted on Saturday after flight attendants walked off the job in a salary dispute, sparking the carrier’s first cabin staff strike in over 40 years. The job action led Canada’s largest airline to suspend the majority of its 700 daily flights, leaving more than 100,000 passengers…
US hedge funds, including renowned names like Bridgewater, have been trimming their exposure to Chinese stocks in recent weeks after continued outperformance from major regional indices.Still, Tekne Capital’s manager partner and portfolio manager Beeneet Kothari remains convinced there’s significant further upside in China.In fact, the Chinese AI stocks are entering…
In the boldest signal yet of its ambition to conquer the public markets, crypto exchange Gemini has enlisted a roster of Wall Street’s most powerful institutions to lead its initial public offering. The move marks a pivotal moment for the firm, co-founded by the famed Winklevoss twins, as it prepares…
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The Dow Jones Index surged to a record high this week, continuing a trend that started in April when it crashed to a low of $36,620. It has now jumped by over 22%, meaning that it is in a bull market. Here are some of the top reasons why the…
The DAX Index remained in a tight range in the past few weeks s most of its constituent companies published stronger-than-expected financial results. It was trading at €24,360, a few points below the year-to-date high of €24,635. This article looks at the top-gainers this year.Key catalysts for the DAX Index…
Tech stocks led Wall Street to a second consecutive week of gains as a series of data releases reignited optimism about a September interest rate cut from the US Federal Reserve. A strong consumer price index report was the catalyst, renewing anticipation that the Fed will lower rates when it…
Here’s a quick recap of the crypto landscape for Friday (August 15) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$116,999, a 0.8 percent decline…
Circle stock price has crashed and erased about 50% of its value in the past few weeks as the momentum waned and valuation concerns remained. CRCL plunged to a low of $136.80, its lowest swing since June 13. Circle Internet is growing, but risks remainCircle Internet is one of the biggest…
MIAMI BEACH, Fla. — Playboy plans to relocate its global headquarters from Los Angeles to Miami Beach and open a Playboy club there. The Miami Beach headquarters at the top of a luxury office building will include studios to support Playboy’s “growing creator network” and the club will have a…