Tesla Short Sellers Face $3.5 Billion Loss as Stock Surges on Strong Deliveries Report
Tesla's recent surge in stock price has resulted in significant losses for short sellers, with estimates suggesting a $3.5 billion ...
Tag: Finance
Powell: Fed Made Progress on Inflation
Federal Reserve Chair Jerome Powell acknowledged progress in reducing inflation but emphasized the need for sustained downward momentum before considering ...
Tapswap Announces Second Token Launch Postponement
Tapswap, the innovative tap-to-earn app powered by the TON Blockchain, has announced a second postponement of its highly anticipated token ...
European Stock Market Outlook
European stock markets are expected to open on a mixed note today, as investors await the release of the euro ...
Gas Prices Soar, Democratic Hopes Sink
As the summer sun beats down on American roads, a silent assassin lurks in the shadows, threatening to derail the ...
BRICS Gold-Backed Currency Launch
A significant development is on the horizon as BRICS (Brazil, Russia, India, China, and South Africa) aims to launch a ...
Nvidia Rebounds, Markets Rally Amid Inflation Concerns
The global financial markets experienced a significant rally on Wednesday, June 26, 2024, as Nvidia's stock price rebounded from a ...
Kenya Finance Bill 2024: Utomi Urges Ruto to Prioritize Human Rights
Professor Pat Utomi, a distinguished scholar and renowned expert in political economy, has called upon His Excellency President William Ruto ...
Kenyan Youth Stage Peaceful Occupation of Parliament to Protest Government Finance Bill
A group of Kenyan youths has staged a peaceful occupation of the country's parliament to protest the government's controversial Finance ...
Investors Suffer N103 Billion Loss as Insurance and Banking Stocks Decline
The Nigerian Stock Exchange (NGX) witnessed a decline in investor wealth, with a total loss of N103 billion. This downturn ...
NDDC Embraces Technology for Enhanced Financial Transparency, Says Managing Director
The Managing Director of the Niger Delta Development Commission, Samuel Ogbuku, announced that the commission plans to utilize technology to ...
Fed’s Potential Money Printing to Boost Cryptocurrency Prices, Says Arthur Hayes
Renowned economist and cryptocurrency expert Arthur Hayes has shared his insights on the potential impact of the Federal Reserve's monetary ...
Nigeria’s public debt reaches N121.7 trillion
Nigeria's total public debt was N121.67 trillion ($91.46 billion) at the end of March this year. The Debt Management Office ...
Binance Slapped with $2.25 Million Fine by India’s FIU
In a fresh blow to Binance’s already embattled reputation, India's Financial Intelligence Unit (FIU) has hit the crypto exchange with ...
UK Inflation Returns to 2% Target
The latest figures from the Office for National Statistics (ONS) reveal that the UK's inflation rate has decreased to 2%, ...
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