Jyoti Singh
Bitcoin has experienced a surge of over 8% this week, almost reaching its all-time high on Tuesday. The original cryptocurrency surpassed $73,000 before seeing a slight decrease in gains on Wednesday as the crypto industry anticipates a victory for Republican presidential candidate Donald Trump. Optimistic crypto enthusiasts are forecasting that Bitcoin will hit a new … Read more
Vita Coco Company (COCO), a prominent player in the beverage industry, has recently achieved a new 52-week high, with its stock price surging to $31.44. This milestone reflects a significant upward trend for the company, as its stock value has increased by 12.18% over the past year. Investors have shown growing confidence in Vita Coco’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves has announced £40bn of tax rises and pledged to improve public services as she delivered Labour’s first Budget in 14 years. Here are the key points. Main policy announcements Employer taxes … Read more
Paul Graham, the man behind the well-known startup accelerator Y Combinator, has called on American voters to reject Donald Trump at the polls next week. The former president seems to be gaining momentum leading up to Tuesday, with betting markets like Polymarket and Kalshi predicting a significant victory in the electoral college due to a … Read more
By Savyata Mishra (Reuters) – Kraft Heinz (NASDAQ:) adjusted its annual forecasts for organic sales and profit on Wednesday due to repeated price hikes impacting demand for the company’s branded products such as Lunchables meal kits and Oscar Mayer cold cuts. Shares of the company fell more than 3% before the market opened, as it … Read more
Volkswagen is emphasizing the urgent necessity to implement significant plant closures and job reductions after reporting a 64 percent decrease in quarterly net profit due to poor sales in China and restructuring costs. The company disclosed plans to shut down three plants and lay off tens of thousands of employees, marking its most drastic restructuring … Read more
In the movie Labyrinth, the paths shift around, statues appear and vanish, and there’s a swirling M.C. Escher staircase, creating a world where the rules constantly change. This constantly changing environment is reminiscent of the cybersecurity landscape, which can feel like a phantom maze with high stakes and moving walls, where falling into a trap … Read more
Investing.com — Caterpillar Inc. reported third-quarter earnings and revenue that fell short of analyst expectations, sending shares down 5.3% in early trading on Wednesday. The heavy machinery manufacturer posted adjusted earnings per share of $5.17, missing the consensus estimate of $5.35. Revenue for the quarter came in at $16.1 billion, below the $16.37 billion analysts … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Next is expected to generate record profits of £1bn this year, after the UK retailer bellwether raised its outlook again thanks to a sales boost from the arrival of colder weather. The FTSE 100 company, … Read more
“Be yourself,” Psaki wrote. “And remember that you have a much bigger microphone than you think you do.” Psaki’s mother once shared some valuable advice with her that has stuck with her throughout her career. She said, “Keep your feet rooted on the ground and your spine straight, and nothing can waver you and nothing … Read more