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Google reverses policy telling workers not to discuss DOJ antitrust case

Google reverses policy telling workers not to discuss DOJ antitrust case

Finance News

Alphabet CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images Google has reversed a policy forbidding employees from discussing its antitrust woes following a settlement with workers.  The company sent a notice to U.S. employees last week saying it rescinded […]

Google reverses policy telling workers not to discuss DOJ antitrust case Read More »

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop

Finance News

The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City.  Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop Read More »

Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs

Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs

Finance News

Jakub Porzycki | Nurphoto | Getty Images Bitcoin spiked on Wednesday afternoon after President Donald Trump said on social media that he authorized a 90-day pause on tariffs. The price of the flagship cryptocurrency was last higher by more than 7% at $82,350.37, according to Coin Metrics. Earlier, it fell as low as $74,567.02 as

Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs Read More »

Affirm surges 20% as fintech rallies on tariff pause, but risk remains

Affirm surges 20% as fintech rallies on tariff pause, but risk remains

Finance News

Thomas Fuller | Sopa Images | Lightrocket | Getty Images The fintech sector is rallying Wednesday following the Trump administration’s announcement of a 90-day pause on planned tariffs.  Affirm was up 20%, Toast and Block rose 13% and PayPal increased 10%.  The 90-day pause doesn’t eliminate the threat of tariffs — it just delays it.

Affirm surges 20% as fintech rallies on tariff pause, but risk remains Read More »

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

Finance News

Elon Musk (L), and Peter Navarro (R). Reuters As Tesla shares plummeted for a fourth straight day, CEO Elon Musk let loose on President Donald Trump’s top trade advisor Peter Navarro. Musk, the world’s richest person, started going after Navarro over the weekend, posting on X that a “PhD in econ from Harvard is a

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day Read More »

DOJ ends crypto enforcement team, shifts focus to terrorism and fraud

DOJ ends crypto enforcement team, shifts focus to terrorism and fraud

Finance News

Department of Justice Headquarters in Washington, D.C. on April 18, 2022. Kent Nishimura | Los Angeles Times | Getty Images The U.S. Justice Department abruptly shut down its National Cryptocurrency Enforcement Team, signaling a major shift in how the federal government will handle crypto-related crimes going forward, according to a memo obtained by NBC News

DOJ ends crypto enforcement team, shifts focus to terrorism and fraud Read More »

Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7%

Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7%

Finance News

Technology stocks bounced Tuesday after three rocky trading sessions, spurred by rising optimism that President Donald Trump could potentially negotiate tariff deals with world leaders. Nvidia led the Magnificent Seven group’s gains, rallying about 7%. Meta Platforms, Amazon, Tesla, Apple and Microsoft jumped at least 4% each. Alphabet rose about 3%. The sector is coming

Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7% Read More »

Drone delivery startup Zipline expands to Texas with Walmart partnership

Drone delivery startup Zipline expands to Texas with Walmart partnership

Finance News

A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Zipline, a startup that delivers everything from vaccines to ice cream via electric autonomous drones, expanded its service to the Dallas area on Tuesday through a partnership

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Crypto firm Ripple to buy primer broker Hidden Road for .25 billion

Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion

Finance News

Jakub Porzycki | Nurphoto | Getty Images Ripple on Tuesday said that it’s agreed to buy prime brokerage firm Hidden Road for $1.25 billion, in the crypto startup’s biggest acquisition to date. Founded in 2018, Hidden Road offers clearing, prime brokerage and financing services across foreign exchange, digital assets, derivatives, swaps and fixed income. It

Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion Read More »

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