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Category: Top Stories

Appeals court dubious of FTX founder Bankman-Fried’s conviction challenge

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FTX was one of the largest cryptocurrency exchanges in the world when it went bust in 2022. Founder Sam Bankman-Fried is serving a 25-year prison term.

Papa John’s sinks 15% on report Apollo withdrew its offer to take chain private

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Shares of pizza chain Papa John’s sank 15% on Tuesday following a report that Apollo Global has withdrawn its offer to take the chain private.

Todd Gordon is adding to this AI financial services play caught up in Tuesday’s selloff

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Todd Gordon breaks down the fundamentals and technicals in Lemonade.

Aramco CEO says Saudi Arabia’s cheap energy will turn kingdom into a global AI data center leader

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Saudi Aramco CEO Amin Nasser shared details of the kingdom’s national AI strategy in an interview with CNBC’s Sara Eisen.

Perplexity AI accuses Amazon of bullying with legal threat over Comet browser

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Amazon wants Perplexity to prevent its users from using its AI browser called Comet to make purchases on their behalf.

Stocks are in a correction even if S&P 500 doesn’t show it, says Josh Brown

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The CEO of Ritholtz Wealth Management pointed out that the headline advance obscures the weakness in the typical stock.

Government shutdown set to become longest ever after latest Senate vote fails

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The latest attempt to end the shutdown, by passing a Republican-backed stopgap resolution through Congress, failed in the Senate for the 14th time.

Palantir stock drops 6% on valuation concerns as CEO Karp rips short seller ‘market manipulation’

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Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

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Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.

‘KPop Demon Hunters’ is boosting more than just Netflix: Korean music, politics ride the craze

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Analysts say the popularity of “KPop Demon Hunters” could spread to all of K-culture, including cosmetics and food products.

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