Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder
Barron’s deputy editor Al Root joins Barron’s Roundtable panelists to discuss what U.S. automakers need to do to compete against a flood of cheap electric vehicles from China. Tesla CEO Elon Musk was accused of insider trading in a lawsuit filed by Tesla shareholders in Delaware Chancery Court on Thursday. Shareholder Michael Perry alleges in […]
trading, T+1 settlement | Fox Business
Jason Katz, managing director and senior portfolio manager at UBS, explains in Varney & Co. why the Fed’s first interest rate cut would be bad for the stock market. Tuesday’s move to next-day settlement for U.S. securities trading will force exchange-traded funds and market makers to juggle requirements and capital needs across multiple jurisdictions, market […]
The S&P 500 was up more than 10% in the first 100 trading days of 2024. Here's what typically happens next – CNBC
According to Steven Suttmeyer, technical research strategist at Bank of America, the S&P 500’s strong first 100 trading days of 2024 bodes well for the rest of the year. As of May 23, the 100th trading day of 2024, the S&P 500 had risen more than 10% this year. This was the best first 100 […]
Australian Dollar advances amid risk-on mood, light trading – FXStreet
The Australian dollar strengthened on risk-advanced sentiment after the UoM’s five-year inflation expectations softened on Friday. The Australian share price rose above 7,770, following Wall Street’s gains from Friday. The US dollar weakened after the Gulf Coast University’s May 5-year consumer inflation expectations dropped to 3.0% from an expected 3.1%. The Australian dollar (AUD) rose […]
So Cool: Topps Made A Custom-Made Trading Card For Blue Jays Fan Who Got Their Face Smashed By A Bo Bichette Foul Ball
Yes, I took a baseball in the face, but it’s still cool to get your own trading card! And that’s exactly what’s happening to Toronto Blue Jays fan Liz McGuire. You may remember the blog I wrote about her recently. But if you don’t remember, let me explain briefly. (Related article: Blue Jays fan suffers […]
‘Notcoin’ Trading Volume Tops $1 Billion in 2024's Biggest Gaming Token Drop – Decrypt
It’s been more than four months since the game was released via the messaging app Telegram. knot coin We debuted the NOT token on Thursday open network (TON)—and huge air drop With trading volume of over $1 billion to date, it resulted in the largest gaming token launch to date in 2024. NOT token is […]
Former KY prosecutor accused of trading favors for meth and sex pleads guilty
A former eastern Kentucky prosecutor pleaded guilty Friday to federal charges accusing him of offering favors to criminal defendants in exchange for methamphetamine and sexual favors. Former Ohio deputy detective sentenced to 11 years in prison for sex worker kidnapping Scott Blair, 51, pleaded guilty to honest services wire fraud, the Lexington Herald-Leader reported. Mr. […]
Trump Media investor Bruce Garelick convicted of insider trading
A financial executive was found guilty Thursday of illegally making more than $22 million by having his bosses trade chips ahead of the acquisition firm’s announcement that it would take former President Donald Trump’s media company public. Ta. After a jury found him guilty on all charges in federal court in Manhattan, a shaken Bruce […]
‘Orangutan Diplomacy’: Malaysia Channels China, Proposes Gifting Apes To Trading Partners
Malaysian government officials said on Tuesday that Malaysia has offered to gift orangutans to palm oil trading partners in a diplomatic effort to emulate China. Malaysia’s Agriculture and Commodities Minister Johari Abdul Ghani announced “orangutan diplomacy” modeled on China’s “panda diplomacy.” series of tweets At the launch ceremony of the Malaysian Palm Oil Green Conservancy […]
Trump invites ‘Mugshot’ NFT buyers to Mar-a-Lago with promises of trading cards and arraigned-suit shreds
On his day off from court in New York, former President Donald Trump will be hosting a dinner on Wednesday at Mar-a-Lago for supporters who spent thousands of dollars for Trump “Mugshot Edition” NFTs. Supporters who bought at least 47 Trump NFTs valued at $99 each have been extended a dinner invitation at Mar-a-Lago, according […]