By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity…
Author: Active Trader Daily
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
(Corrects , in second paragraph) By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC…
US SEC seeks to appeal Ripple Labs crypto decision
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Securities and Exchange Commission plans to appeal a recent court decision…
Microsoft’s role in data breach part of US cyber inquiry -Bloomberg News
(Reuters) – A U.S. cybersecurity advisory panel will investigate risks in cloud computing that will also include Microsoft Corp’s role…
Biden seeks $24 billion for Ukraine, testing bipartisan support in Congress
By Patricia Zengerle and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden asked Congress to approve about $40 billion in…
Is Airbnb Behind the Housing Crisis?
Airbnb (NASDAQ:ABNB) is turning Wall Street heads, soaring over 60% this year, proving once again that it’s the…
WallStreetBets’ New Target: WeWork
In a Nutshell: WallStreetBets is back at it, this time with eyes on WeWork Inc. Shares witnessed a…
Ford exec expects software to boost revenue for commercial trucks, vans
By Paul Lienert (Reuters) – Ford Motor expects to incorporate more and better software into the trucks and vans in…
Biden orders ban on certain US tech investments in China
By Karen Freifeld, Andrea Shalal and David Shepardson NEW YORK/WASHINGTON (Reuters) -President Joe Biden on Wednesday signed an executive order…
Disney creates task force to explore AI and cut costs -sources
By Dawn Chmielewski and Krystal Hu (Reuters) – Walt Disney has created a task force to study artificial intelligence and…