Roblox is facing multiple lawsuits alleging that the platform enables predators to sexually exploit and abuse underage victims.… MORE
Category Archives: Top News
Meta stock has worst day in 3 years, dropping 11% on higher AI spend
Meta’s results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.… MORE
Shares of breast cancer therapy developer Olema Pharmaceutical could more than double from here
The clinical-stage biopharma stock has rallied more than 70% over the past three months on the back of promising clinical data for its lead drug, Palazestrant.… MORE
JPMorgan says Circle’s USDC outpaces Tether’s USDT in on-chain activity: CNBC Crypto World
On today’s episode of CNBC Crypto World, major cryptocurrencies trade lower after Fed Chair Jay Powell suggested the central bank may not cut interest rates again at its December meeting. Plus, JPMorgan analysts said in a note that Circle’s USDC stablecoin is outpacing Tether’s USDT in terms of on-chain activity. And, Steven McClurg, Canary Capital…… MORE
Trump administration to limit student loan forgiveness eligibility for some public servants
The Trump administration is moving closer to limiting eligibility for the Public Service Loan Forgiveness program.… MORE
A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
Global automakers are bracing for a potential shortage of automotive semiconductor chips sparked by geopolitical tensions between the U.S. and China.… MORE
Trump cuts fentanyl tariffs on China to 10% as Beijing delays latest rare earths curbs by a year
Trump said he will be going to China in April, followed by a trip by Xi to the U.S. without specifying a timeline.… MORE
S&P 500 is dragged down by Meta and Microsoft, but Dow gains as investors rotate out of tech: Live updates
Megacap tech giants Alphabet, Meta and Microsoft each reported quarterly results after market close Wednesday.… MORE
Hurricane Melissa set to trigger $150 million Jamaica catastrophe bond to help rebuild
The bond, structured by Aon, is designed to help Jamaica rebuild after natural disasters by providing parametric coverage against losses from named storms.… MORE
Amazon earnings: Cloud growth, holiday outlook and layoffs in focus
Investors are closely watching growth in Amazon’s cloud computing unit, which faces increasing pressure from rivals and artificial intelligence deals.… MORE