Oracle Stock Jumps on Reports Trump Could Announce AI Joint Venture
Oracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence initiative involving the company.
Cryptocurrency financial firm to plead guilty after novel FBI probe
A cryptocurrency financial services firm agreed on Tuesday to plead guilty to U.S. charges that it offered to help manipulate the market for a digital token created at the FBI's behest to help uncover fraud in the crypto sector. United Arab Emirates-registered CLS Global was one of the three companies and 15 individuals charged last year by federal prosecutors in Boston following a novel crypto-focused undercover investigation. The probe, dubbed "Operation Token Mirrors," marked the first time the FBI directed the creation of its own digital token, as well as a fake cryptocurrency company to help bait and catch fraudsters in the market.
Wall Street shrugs off Trump after he vows Mexico and Canada tariffs
S&P 500 and Nasdaq Composite largely unmoved as it opened for trading for first time after inauguration
Gap (GAP) Stock Trades Up, Here Is Why
Shares of clothing and accessories retailer Gap (NYSE:GAP) jumped 6.4% in the afternoon session after Argus Research analyst Christine Dooley upgraded the stock's rating from Hold to Buy. The analyst cited the potential for a turnaround across key brands (Gap, Banana Republic, Old Navy, and Athleta) while acknowledging management's efforts to "revitalize the brands."
Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank
Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).
Tariff Threat Unleashes Flood of Canadian Oil Heading to US
(Bloomberg) -- A flood of Canadian oil is heading south to the US to beat President Donald Trump’s threatened tariffs. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsDonations to LA Fire Victims Rise Past $200 Million MarkWhat LA’s Fires Mean for the City’s Housing ShortageEnbridge Inc.’s Mainline, the largest oil export pipeline
Why e.l.f. Beauty (ELF) Stock Is Trading Lower Today
Shares of cosmetics company e.l.f. Beauty (NYSE:ELF) fell 5.9% in the afternoon session after research by Morgan Stanley analyst Dara Mohsenian revealed weak sales trends for the company (ELF). The research revealed that U.S. scanner sales growth "slowed to 5.5% year over year in the last two weeks, including Amazon first party, and were down 1.9% year over year in the last week." The analyst blamed the weakness partly "on the timing of the Martin Luther King Jr. Day and the LA wildfires."
Why WillScot Mobile Mini (WSC) Stock Is Trading Up Today
Shares of temporary space provider WillScot (NASDAQ:WSC) jumped 7.2% in the morning session after Semafor reported the company (WSC) is fielding takeover talks from private equity firms. According to the sources, a formal takeover process has likely not started.
Trump fails to deliver crypto executive orders on Day One, but industry remains optimistic
Despite the delay, many in the crypto industry expect Trump to fulfill his campaign promises.
Here is how high Bitcoin's price can go in 2025, according to a wealth advisor
Christopher McMahon, CEO of Aquinas Wealth Advisors and author of “Faithful Finances”, spoke with Quartz for the latest installment of our “Smart Investing” video series.