Former President Donald Trump’s social media firm soared on its first day of trading on the Nasdaq, after his net worth had more than doubled to around $6.5 billion on Monday. President Joe Biden has spoken on the collapse of the Francis Scott Key Bridge in Baltimore, Maryland, and promised that the federal government will […]
Trump Media & Technology Group, which owns Truth Social, will begin trading on the Nasdaq stock market on March 26, the company said in a regulatory filing on March 25. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the President Donald Trump’s media business in a […]
NTD Business host, Don Ma, gives us an update on the situation surrounding U.S. regional banks—and the downward tumble their shares experienced for a second straight day. He also discusses the release of big earnings reports from the 3 major corporations Amazon, Meta, and Apple.
NEW YORK—British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him “so embarrassed.” The 86-year-old businessman entered the plea in […]
The EU is joining the U.S. on a more hawkish stance when trading with China. This includes better cooperation to challenge China’s non market economic practices and disinformation. David Engels, a historian and policy analyst, gives his take on Euro-China relations.
Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices of cryptocurrencies, stocks, and other assets, and to enable the trading of those instruments. The trading data will be available through Twitter’s Cashtags feature, which was launched in 2012 and allows users to interact […]
For China’s tech sector, the New Year is off to a promising start. The Nasdaq Golden Dragon China Index jumped 13 percent in just the first two days of trading in 2023. The index looks at China-based firms listed on the U-S market. And the boost marks its best record yet for early New Year […]
Long-anticipated legislation that would ban lawmakers and other senior government officials from trading stocks got a boost on Thursday, as House Democrats released a legislative framework that seeks to close loopholes, cut conflicts of interest, and make penalties for non-compliance more painful. Rep. Zoe Lofgren (D-Calif.), chair of the Committee on House Administration tasked with […]
House Speaker Nancy Pelosi (D-Calif.) on Feb. 9 said she supports increasing restrictions on members of Congress trading stocks. “We have to tighten the fines on those who violate the STOCK Act. It’s not sufficient to deter behavior,” Pelosi told reporters in Washington during a press conference. The Stop Trading on Congressional Knowledge (STOCK) Act […]
Shares of former President Donald Trump’s Digital World Acquisition Corp., a blank-check firm that is taking his proposed social media platform public, spiked on Friday after a huge rally the day before. Trading in Digital World Acquisition Corp. (DWAC) was halted on Friday due to volatility several times during Friday morning trading after it skyrocketed 216 percent […]
A startup focused on helping American producers find new markets for their raw materials is launching a natural gas desk. Mickey is a digital trading platform looking to streamline the trading and logistics process for small- and medium-sized producers, allowing them to compete against the big players like Shell, Chevron, and Exxon. It can be difficult or […]
LONDON—Bitcoin tumbled below the $40,000 mark on Wednesday to a three-and-a-half month low as selling in digital coins intensified after China banned financial and payment institutions from providing cryptocurrency services. Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from […]
Tesla Inc. was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. The stock jumped nearly 8 percent in pre-market trading and it […]
A major off-exchange trading platform says it will stop trading in 12 Chinese securities. Major off-exchange trading platform—OTC Markets—says it will stop trading in 12 Chinese securities. It’s the result of the Trump administration’s rules, banning Americans from investing in Chinese companies linked to the Chinese military.
Wall Street’s main indexes melted after markets opened Monday, with the Dow Jones Industrial Average (DJIA) falling by over 2,000 points, sparked by the worst one-day crash in crude oil prices in 30 years after an alliance between OPEC and Russia imploded, and Saudi Arabia announced it would cut crude prices and increase production. A […]
