In the middle of November, roughly four weeks ago, the first of a deluge of reports appeared complaining of large numbers of drones the size of SUVs hovering at night with their lights on over New Jersey. Later more of these reports came in from New York State and Connecticut. And the number of these drone reports
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Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate of 4.15 million units. Sales
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged while sticking to its view that it’s on track to achieve its inflation target, an outlook that points to the possibility of another rate hike in the coming months. Getty Images
The stock market rally will likely continue in 2025, but investors should consider preparing for the day when the move goes too far, according to UBS. Global equity strategist Andrew Garthwaite said in a note to clients that his team is “cautiously optimistic” about equities in 2025, but warned that six of the seven “preconditions”
Newly-elected members of the U.S. Congress pose for a photo on the steps of the U.S. Capitol in Washington, U.S., November 15, 2024. Hannah Mckay | Reuters Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March, lawmakers said
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024. Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s
In an aerial view, people gather in front of a sign posted at Meta headquarters in Menlo Park, California, July 7, 2023. Justin Sullivan | Getty Images Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal.
GM’s decision to integrate Cruise into its operations and pivot away from the development of robotaxis could have significant implications for the company and competitors and collaborators like Lyft, Uber, Waymo (Alphabet), and Tesla. I’ll discuss it and lay out how to trade it with options. GM’s move appears to prioritize scalable, near-term technologies over
Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range. The company is set to debut on the Nasdaq on Thursday under ticker symbol “TTAN.” ServiceTitan previously raised its price range to between
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls increased by 227,000 for the month, compared with an upwardly revised 36,000 in October and the Dow Jones consensus estimate
The Starlink logo is seen on a mobile device with an grahpic illustration of planet Earth in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images SpaceX’s effort to put an additional 22,488 satellites into low-earth orbit is facing a formal objection from a Ukrainian-American nonprofit, which says
Signage for Bank of Korea is displayed atop the central bank’s headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. South Korea’s central bank hiked interest rates for a second consecutive meeting on Thursday to wrestle consumer inflation down from 13-year highs, and further raised its projections for prices to rise to their
Here are Thursday’s biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy The firm raised its price target on the stock to $165 per share from $150 following earnings. “We reiterate our Buy rating on NVDA (which is also on the Americas Conviction List) and highlight the rich catalyst path ahead.” Morgan Stanley
2026 Hyundai Ioniq 9 EV. Hyundaio Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai’s largest EV entry to date, joining the smaller Ioniq 5 and Ioniq 6 all-electric vehicles in the carmaker’s growing fleet. The Ioniq
The People’s Bank of China (PBOC) building in Beijing on Dec. 15, 2022. Bloomberg | Getty Images China’s central bank on Wednesday kept major benchmark lending rates unchanged, as Beijing assesses the effects of its recent stimulus measures. The People’s Bank of China said it would keep the 1-year loan prime rate at 3.1%, and
Autonomous driving technology company WeRide has plenty of room to grow as a result of its early-mover advantage in the global self-driving market, according to Morgan Stanley, which brought the firm public in an IPO last month at $15.50 a share . Analyst Tim Hsiao initiated research coverage of Guangzhou, China-based WeRide with an overweight
A mural promoting bicycle travel as a means to ‘arrive happy’ outside a Walmart Home Office location in Bentonville, Arkansas, US, on Monday, Nov. 21, 2022. Terra Fondriest | Bloomberg | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at Tuesday and last look at today. Sign
Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, said he believes the electric vehicle company could hit a $5 trillion market capitalization in a decade, and that CEO Elon Musk has an even higher number in mind longer term. “Tesla, I think, is going to be worth $3 [trillion] or $4 trillion —
CNBC’s Jim Cramer on Thursday suggested the post-election market has been extreme, with big wins and big losses. He named sectors that have seen major gains recently, explaining the reasons they might have roared — but he warned that they need to cool off before investors should think about buying them. “We have a lot
John “SohoJohnny” Pasquale will be a guest on “Secrets of the Stage” hosted by Quinn Lemley on Sunday, November 17th, 2024. “Secrets of the Stage” is a tv show on MNN. Watch as Quinn Lemley pulls back the curtain and interviews artists, entrepreneurs and creators to discover their process “behind the scenes.” Real Estate to
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