FTX sues Binance and its former CEO for $1.8 billion
LONDON (Reuters) – Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion…
Author: Trading Reports Daily
Bitcoin surge triggers billions in losses for crypto short traders after Trump win
By Shashwat Chauhan (Reuters) – Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6, after…
Exclusive-Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
By Greg Bensinger (Reuters) -Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and within…
As Donald Trump staffs up for second term, only MAGA loyalists need apply
By Gram Slattery and Alexandra Ulmer WEST PALM BEACH, Florida (Reuters) – As advisers and allies of Republican President-elect Donald…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a…
EM bond funds see largest weekly outflow in two years, JPMorgan report says
NEW YORK (Reuters) – Retail investors yanked $3.2 billion out of emerging market bonds this week, the largest outflow in…
Boeing exploring possible $6 billion sale of Jeppesen unit, Bloomberg News reports
(Reuters) – Boeing is exploring a possible $6 billion sale of its Jeppesen navigation unit, Bloomberg News reported on Friday.…
Musk joined Trump’s call with Ukraine’s Zelenskiy, media reports say
WASHINGTON (Reuters) – Elon Musk joined a congratulatory call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskiy on Wednesday,…
Rivian’s quarterly revenue slumps for first time since IPO
By Akash Sriram and Abhirup Roy (Reuters) -Rivian posted its first drop in quarterly revenue on Thursday since the electric…
Pinterest’s revenue forecast disappoints investors looking for holiday season ad boost
(Reuters) -Pinterest’s fourth-quarter revenue forecast failed to impress investors looking for a boost from the holiday shopping season, at a…