Palantir Hits Yearly High, Eyes $50 Mark Amidst S&P 500 Boost – Yahoo Finance
Palantir Technologies (PLTR, Financial) has had solid market performance, with its stock hitting a year-to-date high of $44.5 last Friday following its inclusion in the S&P 500. The stock's intraday range was $44.3 to $42.6, but ended the day at $43.51. The move came after the stock rose from a year-to-date low of $14.44 as […]
Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck – Cointelegraph
Bitcoin miners could generate around $13.9 billion in additional revenue per year by 2027, if they partly transition to powering the artificial intelligence and high-performance computing (HPC) sectors, according to investment firm VanEck. “AI companies need energy, and bitcoin miners have it,” Van Eck said on Aug. 16. ReportThe company believes that for bitcoin miners, […]
White House strikes deal to cut prices of popular Medicare drugs that cost $50 billion yearly
The Biden administration is celebrating a victory after federal officials struck deals with drug companies to lower prices for 10 of Medicare’s most popular and expensive drugs, but it immediately offered few details about the new prices older Americans will pay to fill those prescriptions. White House officials said Wednesday night that the new drug […]
Hershey cuts yearly guidance, profit after 17% drop in sales
Hershey’s on Thursday reported a 17% drop in second-quarter sales and sharply cut its full-year profit and sales outlook. Shares plunged 4.5% early Thursday morning but have since risen 5%. The Pennsylvania-based candy company, which has a market capitalization of $38.83 billion, like many in the food and snack industry, has been struggling as consumers […]
Biden’s Immigration Order Will Normalize 2 Million Migrant Entries Yearly
A senior Customs and Border Protection source said President Biden’s latest executive order, signed on Tuesday, will only do so much to help Americans get used to the 2 million more migrants entering the U.S. annually. The source, who was not authorized to speak to the media, said even if the order isn’t repealed entirely […]
DC, Baltimore crime data missing from FBI yearly report | FOX 5 DC
Amid surging crime in 2021, thousands of law enforcement agencies won’t be included in the FBI’s annual national crime report, … source
US traffic deaths fell 3.6% in 2023, the 2nd straight yearly drop. But nearly 41,000 people died
DETROIT (AP) — U.S. traffic deaths fell 3.6% last year, but about 41,000 people still died on the nation’s roads, according to full-year estimates from safety regulators. The National Highway Traffic Safety Administration announced that the number of deaths has decreased for the second year in a row. The agency also released final figures for […]
Higher interest rates help NatWest make biggest yearly profit since 2007 – Yahoo Finance UK
NatWest Group has reported its best annual profit since just before the 2008 financial crisis, as it marks a departure from the recent bank demonetisation spree with the appointment of a permanent boss. New CEO Paul Thwaite said he was “focused on what we can control”, such as building profits and cutting costs. His appointment […]
Burma’s military government to draft 60,000 people yearly, existing forces spread thin
Burma’s military junta announced on Wednesday that it will conscript 60,000 young men and women into military service each year under a new conscription law, with recruitment starting after the country’s traditional April festival marking the start of the new year. Announced. The conscription was activated on Saturday by the order of the ruling party’s […]