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Category: Economy

Economy

DoorDash shares rise on earnings, revenue beat

August 6, 2025

DoorDash reported better-than-expected results and said total orders increased 20%. ...

E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line
Economy

E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line

August 6, 2025

E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its…

Airbnb beats on top and bottom lines for second quarter
Economy

Airbnb beats on top and bottom lines for second quarter

August 6, 2025

Airbnb's revenue increased 13% from a year earlier, topping estimates. ...

Trump vows 100% tariff on chips, unless companies are building in the U.S.
Economy

Trump vows 100% tariff on chips, unless companies are building in the U.S.

August 6, 2025

President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies…

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
Economy

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

August 5, 2025

Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC reported U.S. same-store sales…

Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Economy

Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners

August 5, 2025

The Kremlin commented on Tuesday that Trump's comments were "attempts to force countries to stop trade relations with Russia." ...

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
Economy

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

August 5, 2025

The results come as Pfizer and other drugmakers grapple with Trump's calls to lower U.S. drug prices and brace for…

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Economy

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

August 5, 2025

Palo Alto Networks' market cap has increased sixfold since Nikesh Arora joined as CEO in 2018, but not all investors…

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running
Economy

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

August 5, 2025

U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box." ...

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Crypto World

1
Cryptocurrency

Tether USDt hits record $187B market cap in Q4 despite crypto downturn

February 5, 2026

Tether’s dollar-pegged stablecoin USDt expanded to a record $187.3 billion market capitalization in the fourth quarter of 2025, even as the broader crypto market slid following October’s liquidation cascade.According to its latest quarterly report, the…

2
Cryptocurrency

Coinbase fends off Nevada’s emergency bid to halt prediction markets

February 5, 2026

A Nevada state court denied regulators’ request for an emergency temporary restraining order (TRO) to immediately halt Coinbase’s new prediction market offering.Instead, the court set a hearing for next week so the exchange can respond,…

3
Cryptocurrency

Bitcoin ETFs extend losses with $545M outflows as BTC nears $70K

February 5, 2026

Bitcoin exchange-traded funds (ETFs) extended losses on Wednesday amid BTC price approaching the $70,000 mark, adding to mounting pressure across digital asset markets.According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $545 million in…

4
Cryptocurrency

Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal

February 4, 2026

Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unnamed investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company. At Bitcoin’s (BTC) price of…

Economy

Economy

World’s largest jeweler jumps as CEO says firm wants to pivot from silver

February 5, 2026
Economy

Paul Weiss chairman Brad Karp resigns after Jeffrey Epstein email disclosures

February 5, 2026
Economy

Sweden’s Volvo Cars on track for worst trading day ever as shares plunge over 18%

February 5, 2026
Economy

Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’

February 3, 2026
Economy

Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other

February 3, 2026
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