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The stock market has peaked and will trade flat for the rest of 2024, Goldman equity chief says

Goldman Sachs chief US equity strategist David Kostin says the S&P 500 could trade flat for the rest of the…

‘Someone played this beautifully’: Why one expert is suspicious of the latest meme-stock revival

There’s something off about the recent explosion in meme stocks like GameStop, one market pro writes.  Deep out-of-the-money call options…

Justice Department charges MIT brothers with $25 million crypto theft that took 12 seconds

The Department of Justice on Wednesday announced the indictment of two brothers who graduated from the Massachusetts Institute of Technology…

Nvidia’s rally will run out of steam next year as the chip giant’s customers become competitors, analyst says

Nvidia’s monster rally won’t last as the chipmaker faces long-term challenges, according to Gil Luria. The DA Davidson analyst has…

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…

How did an ancient shark parasite end up fossilized in tree resin?

During its lifetime nearly 100 million years ago, a newfound parasitic worm likely made its home in the bellies of…

Netflix to stream Christmas Day NFL games for three years

Netflix will stream Christmas Day National Football League games for the next three years, in its first true step into…

‘We have to do what we have to do’: Israel’s Netanyahu stands firm on Rafah offensive despite U.S. tensions

Israeli Prime Minister Benjamin Netanyahu acknowledged tensions with historical ally the U.S. over the military offensive in Rafah in the…