Responding to whether the SEC had any plans to follow China's lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, "No, that would be up to Congress," suggesting the agency has no plans to ban crypto. "The Hash" panel discusses the latest development in the U.S. crypto regulatory landscape.
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Google stock soared after parent Alphabet reported first-quarter earnings and revenue that handily beat consensus estimates.
Alphabet reported Q1 earnings on Thursday.
(Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
(Bloomberg) -- Four months into office, Argentine President Javier Milei has pulled off a critical feat in a country long ravaged by runaway inflation: He stabilized the currency.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsHow to Get a Meeting With the UAE’s $1.5 Trillion ManZuckerberg Asks for Patience as