Bitcoin price crash: The world’s largest cryptocurrency tumbled below $90,000, marking its lowest level since mid-November. The sharp decline comes as the post-election rally following Donald Trump’s victory fades under the weight of his aggressive trade tariffs and ongoing industry turmoil. Bitcoin and Crypto Market Sell-Off Deepens As of 11:38 a.m. London time on Tuesday, […]
Google, Meta & X Face Penalties in South Africa Over Anti-Competitive Practices
Google May Face $27M Annual Payout to South African Media for Anti-Competitive Practices Google could be required to pay South African media outlets up to 500 million rand ($27.29 million) per year after the country’s Competition Commission found the tech giant guilty of anti-competitive practices. Social media giants Meta (Facebook) and X (formerly Twitter) also […]
Starbucks (SBUX) to Cut 1,100 Corporate Jobs Amid Turnaround Strategy
Starbucks (NASDAQ: SBUX) is set to eliminate 1,100 corporate support roles as part of CEO Brian Niccol’s strategy to streamline operations and drive efficiency. The coffee giant announced the layoffs in a company-wide memo obtained by Yahoo Finance, stating that additional unfilled positions will also be removed globally. Starbucks Job Cuts: What Employees Need to […]
Apple (AAPL) Announces $500 Billion U.S. Investment to Boost Manufacturing, AI, and Job Creation
Apple Inc. (AAPL) has unveiled a groundbreaking $500 billion investment in the United States over the next four years, reinforcing its commitment to American innovation, manufacturing, and job creation. This massive investment includes the construction of a new manufacturing facility, an expansion of Apple’s Advanced Manufacturing Fund, and the hiring of 20,000 new employees. Apple’s […]
Tech Stocks Decline Ahead of Nvidia Earnings and Inflation Data
A downturn in major technology stocks weighed on markets ahead of Nvidia Corp.’s highly anticipated earnings report and key inflation data this week. Market Overview The S&P 500 dipped below 6,000, while the Nasdaq 100 dropped over 1%, erasing earlier gains. Microsoft Corp. slid 2% following reports that it had canceled some U.S. data center […]
Julia Koch Sells Iconic 740 Park Avenue Duplex for $45 Million
Manhattan’s legendary 740 Park Avenue has once again made headlines with another high-profile property sale. Julia Koch, one of the world’s wealthiest women, recently sold her prestigious co-op at this exclusive address for $45 million, according to property records. A Record-Breaking Sale in NYC’s Elite Real Estate Market With an estimated net worth of $74.2 […]
Billionaire Bill Koch Relists Aspen Estate for Record-Breaking $125 Million
Billionaire Bill Koch is once again attempting to sell his sprawling Aspen compound—this time at its highest-ever asking price of $125 million. Previously listed without success, Koch is banking on the booming luxury real estate market to attract a buyer willing to pay for the 53-acre estate featuring a 16,631-square-foot main lodge and an array […]
Delaware Faces Corporate Exodus as Lawmakers Rush to Retain Business Giants
Delaware has long been the premier destination for corporate incorporation, with more than two-thirds of the Fortune 500 companies choosing the state due to its business-friendly legal framework. However, recent criticism from Tesla CEO Elon Musk regarding Delaware’s legal system has coincided with a growing trend of major corporations relocating to other states. Elon Musk’s […]
Palantir (PLTR) Stock Plunges 10% as CEO Stock Sale and Defense Cuts Spark Investor Concerns
Shares of Palantir Technologies (PLTR) tumbled 10% to $112 on Wednesday following a wave of negative news, extending losses by another 2% in premarket trading on Thursday. The stock was among the most actively watched on Yahoo Finance, reflecting investor unease. CEO Alex Karp’s Stock Sale Raises Red Flags Palantir’s co-founder and CEO, Alex Karp, […]
Market Outlook: Michael Darda on Inflation, Fed Policy, and Stock Market Trends
Roth Capital Partners’ Chief Economist and Macro Strategist, Michael Darda, shares his insights on inflation, Federal Reserve policy, and recent stock market trends on Market Domination. Stock Market Pullback: A Natural Correction? Darda describes the current dip in the Dow Jones (^DJI), Nasdaq (^IXIC), and S&P 500 (^GSPC) as merely a “minor pullback” after two […]