Tag: Business
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Here’s what to expect when Netflix reports earnings after the bell
Investors will be looking for updates on Netflix’s ad-supported business, engagement metrics and how the streaming giant continues to consider potential M&A.
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Stocks making the biggest moves midday: Manpower, Abbott, UnitedHealth, TSMC & more
These are the stocks posting the largest moves in midday trading.
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No liability exemption for Google in Italian YouTube spat, EU court says
BRUSSELS, July 16 : Alphabet unit Google is not immune from liability for videos uploaded to YouTube by commercial partners, Europe’s top court said on Thursday, a ruling which could put social media networks on the hook for uploaded content not managed by them.The case before the Luxembourg-based Court of Ju
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Trump Media to license Truth Social data to financial services firms
July 16 : Trump Media & Technology Group on Thursday launched Truth API, a licensed data feed that will provide financial services companies with “the fastest” access to posts from the highest-ranking Truth Social accounts.The paid-for API (application programming interface) is aimed at giving “immediate, ver
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Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price
NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering last month, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers, who borrow shar
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US agency denies Tesla petition to avoid recall fix over headlight issue
WASHINGTON, July 16 : The National Highway Traffic Safety Administration on Thursday said it was denying a 2024 petition filed by Tesla to avoid a recall fix for nearly 20,000 vehicles with headlights that may exceed maximum lighting levels.Tesla argued the issue was inconsequential to motor vehicle safety an
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IMF says new Bangladesh programme talks ahead, sees growth slowing
DHAKA, July 16 : The International Monetary Fund said on Thursday that its staff team had concluded a visit to Bangladesh at the government’s request and that discussions on the parameters of a new arrangement would take place in the coming months.IMF staff project Bangladesh’s economic growth will moderate t
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Organised crime groups move billions through crypto, global financial crime watchdog warns
PARIS, July 16 : Criminals are taking advantage of gaps in regulation to move billions in illicit proceeds through the crypto industry, the Financial Action Task Force said on Thursday, in its latest review into the role of virtual assets and illicit finance.The report by Paris-based FATF, an intergovernmenta
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Trump Media unveils data feed for businesses tracking Truth Social posts
July 16 : Trump Media & Technology Group on Thursday launched “Truth API”, a data feed that will provide businesses with real-time access to posts from the highest-ranking Truth Social accounts.The API (application programming interface) is aimed at giving organizations that prioritize tracking influential po
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Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex
NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers aim to sell borrowed shares
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