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Tag: surge

Companies going bankrupt at the fastest pace since 2020 in ‘historic surge’

The US is experiencing a “historic surge” in corporate bankruptcies as debt-laden companies struggle to adapt to a new era of high interest rates. New figures announced S&P Global Intelligence Seventy-five companies filed for bankruptcy in June, the most in a single month since the peak of the COVID-19 pandemic in early 2020. This brings […]

Companies are going bankrupt at the fastest pace since 2020: A ‘historic surge’

First on “Making Money,” FHN Financial chief economist Chris Low and Constance Hunter, senior advisor at MacroPolicy Perspectives, debate whether inflation or the economy will slow first. The US is experiencing a “historic surge” in corporate bankruptcies as debt-laden companies struggle to adapt to a new era of high interest rates. New figures announced S&P […]

Cryptocurrency Thefts Surge to $1.38 Billion in First Half of 2024

A new report from blockchain research firm TRM Labs has revealed an alarming rise in cryptocurrency theft, with hackers more than doubling their illicit gains in the first half of 2024 compared to the same period last year. Cryptocurrency criminals have stolen a staggering $1.38 billion so far this year. CNBC Reports The cryptocurrency world […]

XRP On Monthly Timeframe Suggests Likely 700X Surge to $305 – The Crypto Basic

TradingView analyst Heikin Ashi suggested that XRP is in the midst of an explosive bull market and could see a 710-fold price surge to hit $305. Recent post At X, Ashi looked at XRP’s candlestick patterns on the monthly timeframe to identify bullish signals. He highlighted that the current patterns are strikingly similar to past […]

Biden’s Canadian Border Surge Continues — May Arrests Up 422 Percent over Last Year

Biden’s border crisis has spread to the U.S.-Canada border and continues to escalate exponentially. Swanton-area agents arrested more than 3,300 migrants in June, up more than 420 percent from June last year. Apprehensions so far this year are up about 190 percent from the same period last year. According to an unofficial Border Patrol report […]

Tesla shares surge as second-quarter deliveries beat Wall Street expectations

Tesla shares jumped about 10% on Tuesday after billionaire Elon Musk’s company reported better-than-expected vehicle deliveries in the second quarter. The company delivered a total of 443,956 vehicles, down 4.8 percent from the same period last year. But deliveries beat the consensus estimate of 439,000 units, according to FactSet data. Tesla’s flagship Model 3 sedan […]

Caitlin Clark visit sees Aces ticket demand surge, venue change

The Caitlin Clark effect shows no signs of slowing down. The visit of Clark’s Indiana Fever team forced the Las Vegas Aces to change the venue for Tuesday’s game from Michelob Ultra Arena to T-Mobile Arena. The move will allow Ace to increase ticket supply by 33% from 12,000 to 18,000, and demand is also […]