Tech stocks in the US took a hit recently, with Oracle leading the drop. The company's shares fell sharply after its main financial backer, Blue Owl Capital, backed out of a major data center project in Michigan. This news sparked worries among investors about the huge amounts of money AI companies
In the world of finance, not everything is as it seems. Tricolor Holdings, a company that specialized in lending money to people with poor credit for used cars, is now facing serious accusations. The company's executives, Daniel Chu and David Goodgame, are alleged to have misled banks and investors
People are pointing fingers at the trawl fleet for Alaska's salmon troubles. But the numbers tell a different story. The pollock fishery's impact on salmon runs is surprisingly small. For example, in 2023, the pollock fishery caught just 5, 627 Western Alaska chinook salmon. That's a tiny fraction c
Jeffrey Epstein's journey to wealth began with a chance encounter. In 1976, Epstein, a math and physics teacher at Dalton School, attended an art gallery event. There, he met a parent who was impressed by his math skills. This parent connected Epstein with Ace Greenberg, a top executive at Bear Stea
A recent event brought together local leaders to discuss the future of education. The Bettendorf School District invited lawmakers to share their thoughts on how to improve schools. This was not just a casual chat. It was a serious talk about making schools better for everyone. The main goal was to
Ukrainian President Volodymyr Zelensky was in Berlin for crucial peace discussions. He met with American envoy Steve Witkoff and top European leaders. This was the second day of intense talks to stop the war in Ukraine. The day before, Zelensky and Witkoff had a long meeting with German Chancellor
Ripple has faced a tough road, but it's not letting that stop its big plans. After a long fight with US regulators, the company is now aiming to combine different financial services using blockchain and stablecoins. Even with all the legal trouble, Ripple has still managed to impress some major play
The U. S. stock market saw a bit of a slide on Friday, with tech stocks leading the way down. The S&P 500 dropped 0. 5% from its record high, while the Nasdaq composite fell 1%. This isn't great news for investors who've been riding the wave of AI hype. So, what's causing this downturn? Well, it se
Wall Street is feeling the heat as tech stocks, once the darlings of the market, are taking a nosedive. The S&P 500 dropped 1. 2% from its record high, while the tech-heavy Nasdaq composite fell 1. 8%. The Dow Jones Industrial Average wasn't spared either, shedding 266 points from its recent peak.
Investors are playing it safe as worries about AI's rapid growth cause ripples in the tech world. While the market is seeing some ups and downs, tech stocks are feeling the heat. The Nasdaq, home to big tech names, is down, while the Dow is holding steady. Some big players are feeling the pinch. Br
