November 18, 20240 Comments

Netflix says 60 million households watched Tyson-Paul match

Mike Tyson to take on Jake Paul Mike Tyson returns to boxing ring to take on Jake Paul 03:57 More than 60 million households around the globe tuned into the much-touted boxing match between retired boxing legend Mike Tyson and social-media star Jake Paul, according to Netflix. “It was a record-breaking night for Netflix,” peaking at 65 million concurrent streams, Netflix stated Saturday in a news release.  The Friday night

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November 18, 20240 Comments

Why Palantir Stock Was Pulling Back Today

After a dramatic bull run in recent weeks, Palantir Technologies (NYSE: PLTR) stock was finally giving up gains, as investors seemed to be taking profits after Friday’s pop. That jump was driven by Palantir’s announcement that it would be listing as a Nasdaq stock and that it expected to join the Nasdaq-100, which would trigger exchange-traded funds (ETFs) that track that index to buy the high-flying artificial intelligence (AI) stock.

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November 18, 20240 Comments

Druckenmiller bought regional banks but a healthcare pick is his biggest bet

Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one healthcare name his biggest position last quarter — two bets that have been rallying since the election of President-elect Trump two weeks ago. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family Office, bought $115 million worth of shares in SPDR S & P Regional Banking ETF (KRE)

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November 18, 20240 Comments

Canada banking alliance formed to curb scam surge

Breadcrumb Trail Links Finance Banking News Canadian Bankers Association estimates scams cost $11 billion a year as fraudsters target all age groups Get the latest from Naimul Karim straight to your inbox Sign Up Published Nov 18, 2024  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. The Canadian Bankers Association estimates the actual annual impact of fraud

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November 18, 20240 Comments

U.S. regulators initiate 2 probes into Ford recalls after fining company for moving too slowly

Here Comes the Sun: Kathy Bates and more Here Comes the Sun: Kathy Bates and more 22:01 Just days after announcing a civil fine against Ford for moving too slowly on a recall, the U.S. government unveiled two investigations into recalls that may not have worked or covered enough vehicles. The National Highway Traffic Safety Administration unveiled a probe covering about 113,000 Ford Expeditions from 2019 through 2020. Ford recalled about 78,000

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November 18, 20240 Comments

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November 18, 20240 Comments

Wall Street is ‘optimistic’ about Trump 2.0

The vibe on Wall Street post Donald Trump’s re-election: bring on the good times. “This election was about whether you were more scared of four years of the same or more scared of four years of change,” Apollo Global (APO) co-founder and CEO Marc Rowan said at Yahoo Finance’s Invest conference, adding that the “market’s verdict’s been rendered.” Added Rowan, “I think this administration has a remarkable chance to really

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