All the focus in the auto industry lately seems to be focused on electric vehicles (EVs). But my favorite automotive stock only makes a single EV for its largest market and is spending its research and development (R&D) money on new twin-turbo V8-powered sports cars. It's Toyota Motor (NYSE: TM) , and while it admittedly spent the 2010s as a producer of boring, reliable commuter cars, in the 2020s...
All the focus in the auto industry lately seems to be focused on electric vehicles (EVs). But my favorite automotive stock only makes a single EV for its largest market and is spending its research and development (R&D) money on new twin-turbo V8-powered sports cars. It's Toyota Motor (NYSE: TM) , and while it admittedly spent the 2010s as a producer of boring, reliable commuter cars, in the 2020s it has become one of the most dynamic and exciting names in the auto industry. Despite that, it's overlooked as investors seek out companies focusing on EV development. Why am I bullish on Toyota? Well, I will admit that part of the reason is that my attainable dream car is an MK V Supra. But there are other reasons, too. Read on, and I'll tell you. Continue reading
The Stock Market Isn't A Market Anymore - It's A Political Control Mechanism Authored by Nick Giambruno via InternationalMan.com, It has become increasingly clear to me that the stock market is no longer a stock market in the traditional sense. Its primary purpose was once straightforward: a venue where companies could raise capital by selling shares to the public, and where investors could freely...
The Stock Market Isn't A Market Anymore - It's A Political Control Mechanism Authored by Nick Giambruno via InternationalMan.com, It has become increasingly clear to me that the stock market is no longer a stock market in the traditional sense. Its primary purpose was once straightforward: a venue where companies could raise capital by selling shares to the public, and where investors could freely buy and sell those shares among themselves. Today, the market still performs that function — but it has been far overshadowed by three larger, unofficial roles that have become existential to social and political stability: Liquidity Sponge: All the trillions in newly created currency units have to go somewhere. Better to have them chasing stocks than bidding up the price of groceries. De Facto Savings Account: Most people treat their brokerage account as if it were a savings account. Their financial futures depend on the stock market continuing to rise. But putting money into the stock market is not saving — it’s investing, and that’s a very different thing. The rapid debasement of fiat currency has destroyed savings for the average person, forcing them into riskier assets like stocks in a desperate attempt to outpace inflation. Crucial Tax Revenue: Taxes on capital gains, dividends, corporate profits, and other market-related activity have become an essential pillar of government funding. As the failure of DOGE — the most serious attempt to cut federal spending in most people’s lifetimes — demonstrated, it’s politically impossible to even slow the growth rate of federal spending, let alone cut it. It doesn’t matter which party is in office; they’re all headed in the same direction. It’s like riding a runaway train with no brakes. Issuing debt and then printing money to buy that debt remains one of the primary ways this out-of-control spending is financed. All those new currency units need an outlet. If people lose interest in the stock market because it has declined, tho...
Kratos Defense & Security (NASDAQ: KTOS) stock crashed 9% through 12:25 p.m. ET Wednesday. No one seems to know why this happened... But I have a theory. Image source: Getty Images. Continue reading
Kratos Defense & Security (NASDAQ: KTOS) stock crashed 9% through 12:25 p.m. ET Wednesday. No one seems to know why this happened... But I have a theory. Image source: Getty Images. Continue reading
It looks like Samsung is preparing to launch a new Qi2 battery pack for the upcoming Galaxy S26, which is rumored to support the upgraded charging standard. A report from Winfuture shows off leaked images of what appears to be the new accessory, outfitted with a magnetic Qi2 charging ring that delivers up to 15W of power, along with a USB-C cable offering up to 20W. Winfuture suggests that the wir...
It looks like Samsung is preparing to launch a new Qi2 battery pack for the upcoming Galaxy S26, which is rumored to support the upgraded charging standard. A report from Winfuture shows off leaked images of what appears to be the new accessory, outfitted with a magnetic Qi2 charging ring that delivers up to 15W of power, along with a USB-C cable offering up to 20W. Winfuture suggests that the wireless power bank itself will have a 5,000 mAh battery capable of charging at up to 25W. The battery pack also appears to come with an arm that you can fold out to use as a stand. This isn't the first time we're hearing about this accessory; last … Read the full story at The Verge.
The Dow Jones Industrial Average and other major stock indexes rose Wednesday, following the sell-off a day earlier, finding support from President Donald Trump's ruling out the use of U.S. military force to pursue Greenland.
The Dow Jones Industrial Average and other major stock indexes rose Wednesday, following the sell-off a day earlier, finding support from President Donald Trump's ruling out the use of U.S. military force to pursue Greenland.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." President Trump is ramping up pressure on Europe over Greenland. At the World Economic Forum, he called for immediate talks to acquire the Danish territory. RBC Capital Markets Head of US Equity Strategy Lori Calvasina joined Bloomberg Open Interest with her take on the tensions and how markets are digesting his ...
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." President Trump is ramping up pressure on Europe over Greenland. At the World Economic Forum, he called for immediate talks to acquire the Danish territory. RBC Capital Markets Head of US Equity Strategy Lori Calvasina joined Bloomberg Open Interest with her take on the tensions and how markets are digesting his speech. Plus, business leaders react to Trump's speech. Citadel CEO Ken Griffin sits down with Bloomberg's Erik Schatzker in Davos to talk about the impact of Trump's policies, and what to expect in the year ahead. (Source: Bloomberg)
[The stream is slated to start when the interview airs on CNBC Wednesday afternoon. Please refresh the page if you do not see a player above at that time.] President Donald Trump will sit down for an interview with CNBC's Joe Kernen in Davos, Switzerland on Wednesday. Earlier, Trump gave a speech at the World Economic Forum where he touted the strength of the U.S. economy and criticized Europe , s...
[The stream is slated to start when the interview airs on CNBC Wednesday afternoon. Please refresh the page if you do not see a player above at that time.] President Donald Trump will sit down for an interview with CNBC's Joe Kernen in Davos, Switzerland on Wednesday. Earlier, Trump gave a speech at the World Economic Forum where he touted the strength of the U.S. economy and criticized Europe , saying it "is not heading in the right direction." Trump also doubled down on his desire to take control of mineral-rich Greenland , but said he wouldn't use force to achieve this goal. The U.S. president's overture to the Danish territory follows a bold military operation in Venezuela earlier this month that resulted in the capture of the South American country's president, Nicolas Maduro, and his wife. The two are facing charges in the U.S. that include narco-terrorism. These actions are part of a tumultuous backdrop that nations and companies are navigating. It also has called into question the viability of decades-old alliances, which has been top of mind in speeches at Davos this year. CNBC's interview may touch on these topics as well as other issues important to businesses and the economy. 16 Min Ago Trump should not use economic force to acquire Greenland, Ken Griffin says watch now VIDEO 3:43 03:43 'We should use neither military nor economic force' around Greenland, says Citadel's Ken Griffin Squawk on the Street President Donald Trump should not threaten Europe with economic force as leverage to acquire Greenland, Citadel CEO Ken Griffin told CNBC in an interview. Trump should persuade European allies that it makes sense for the U.S. to acquire the island, Griffin said. "It should not be done abruptly," Griffin said. "It should not be done under any form of either military or economic force. That's just not the way to deal with our allies here in Europe." Trump has threatened several European countries, including Denmark, with tariffs that could shoot as high as 2...
(RTTNews) - The Treasury Department announced the results of this month's auction of $13 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted well above average demand.
(RTTNews) - The Treasury Department announced the results of this month's auction of $13 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted well above average demand.
Hospitals say two 13-year-old boys also killed, as the latest violence strains three-month-old ceasefire Hospitals in Gaza say Israeli forces killed at least 11 Palestinians on Wednesday, including two 13-year-old boys and three journalists, in the latest violence to undermine a three-month-old ceasefire. Palestinian health officials said the Israeli airstrike killed three Palestinian journalists ...
Hospitals say two 13-year-old boys also killed, as the latest violence strains three-month-old ceasefire Hospitals in Gaza say Israeli forces killed at least 11 Palestinians on Wednesday, including two 13-year-old boys and three journalists, in the latest violence to undermine a three-month-old ceasefire. Palestinian health officials said the Israeli airstrike killed three Palestinian journalists who were travelling in a car to film a newly established displacement camp in the Netzarim area of central Gaza. Continue reading...
(RTTNews) - Karooooo Ltd. (KARO) on Wednesday reported stronger earnings for both the three-month and nine-month periods ended November 30, 2025, supported by higher revenue and operating profit compared with the prior year.
(RTTNews) - Karooooo Ltd. (KARO) on Wednesday reported stronger earnings for both the three-month and nine-month periods ended November 30, 2025, supported by higher revenue and operating profit compared with the prior year.
For the modern CFO, the hardest part of the job often isn't the math—it's the storytelling. After the books are closed and the variances calculated, finance teams spend days, sometimes weeks, manually copy-pasting charts into PowerPoint slides to explain why the numbers moved. Today, 11-year-old Israeli fintech company Datarails announced a set of new generative AI tools designed to automate that ...
For the modern CFO, the hardest part of the job often isn't the math—it's the storytelling. After the books are closed and the variances calculated, finance teams spend days, sometimes weeks, manually copy-pasting charts into PowerPoint slides to explain why the numbers moved. Today, 11-year-old Israeli fintech company Datarails announced a set of new generative AI tools designed to automate that "last mile" of financial reporting, effectively allowing finance leaders to "vibe code" their way to a board deck. Launching today to accompany the firm's newly announced $70 million Series C funding round, the company’s new Strategy, Planning, and Reporting AI Finance Agents promise to answer complex financial questions with fully formatted assets, not just text. A finance professional can now ask, "What’s driving our profitability changes this year?" or "Why did Marketing go over budget last month?" and the system will instantly generate board-ready PowerPoint slides, PDF reports, or Excel files containing the answer. The deployment of these agents marks a fundamental shift in how the "Office of the CFO" interacts with data. Beyond the chatbot The promise of the new agents is to solve the fragmentation problem that plagues finance departments. Unlike a sales leader who lives in Salesforce, or a CIO who relies on ServiceNow, the CFO has no single "system of truth". Data is scattered across ERPs, HRIS, CRMs, and bank portals. A major barrier to AI adoption in finance has been security. CFOs are rightfully hesitant to plug P&L data into public models. Datarails has addressed this by leveraging Microsoft’s Azure OpenAI Service. "We use the OpenAI in Azure to ensure the privacy and the security for our customers, they don't like to share the data in [an] open LLM," Gurfinkel noted. This allows the platform to utilize state-of-the-art models while keeping data within a secure enterprise perimeter. Datarails’ new agents sit on top of a unified data layer that connects these disp...
Singapore City, SINGAPORE, Jan. 21, 2026 (GLOBE NEWSWIRE) -- OGBC Group, a Singapore-headquartered innovation hub and investment group, today announced the completion of its Series C preferred equity investment in PsiQuantum, Corp., a quantum computing company developing utility-scale, fault-tolerant quantum systems. OGBC Group is a Singapore-headquartered innovation and investment organization fo...
Singapore City, SINGAPORE, Jan. 21, 2026 (GLOBE NEWSWIRE) -- OGBC Group, a Singapore-headquartered innovation hub and investment group, today announced the completion of its Series C preferred equity investment in PsiQuantum, Corp., a quantum computing company developing utility-scale, fault-tolerant quantum systems. OGBC Group is a Singapore-headquartered innovation and investment organization focused on frontier technologies Through this investment, OGBC joins a distinguished group of global i
Archegos Capital Management founder Bill Hwang is seeking a presidential pardon for his conviction in a high-profile Wall Street fraud case over the collapse of his US$36 billion family office, which scorched banks and helped topple Credit Suisse Group AG. Hwang, who is free on bail while appealing against the verdict behind his 18-year sentence, submitted a pardon application to the US Justice De...
Archegos Capital Management founder Bill Hwang is seeking a presidential pardon for his conviction in a high-profile Wall Street fraud case over the collapse of his US$36 billion family office, which scorched banks and helped topple Credit Suisse Group AG. Hwang, who is free on bail while appealing against the verdict behind his 18-year sentence, submitted a pardon application to the US Justice Department last year, according to a notice on the DOJ’s website. In 2024, a jury found him guilty of...
A record $17 billion was lost to cryptocurrency scams last year, according to blockchain intelligence company Chainalysis. Chainalysis in a Jan. 13 report said the figure was up from $14 billion in 2024, attributing the surge to an increase in...
A record $17 billion was lost to cryptocurrency scams last year, according to blockchain intelligence company Chainalysis. Chainalysis in a Jan. 13 report said the figure was up from $14 billion in 2024, attributing the surge to an increase in...
Nvidia supplier Micron Technology is airing its opinion regarding an "unprecedented" issue regarding AI, and Wall Street is standing up and taking notice. For now, the chipmaker believes the biggest issue facing the AI sector is a memory shortage that won't go away. Micron believes the issue is ...
Nvidia supplier Micron Technology is airing its opinion regarding an "unprecedented" issue regarding AI, and Wall Street is standing up and taking notice. For now, the chipmaker believes the biggest issue facing the AI sector is a memory shortage that won't go away. Micron believes the issue is ...
Musée Rodin was the venue for the designer’s second men’s show for the house, and he sought to shun normality He is one of fashion’s greatest ruminators so where better than the Musée Rodin in Paris to stage Jonathan Anderson’s second menswear show for Dior. Guests including the actors Robert Pattinson and Mia Goth, and Formula One driver Lewis Hamilton wandered past Auguste Rodin’s The Thinker as...
Musée Rodin was the venue for the designer’s second men’s show for the house, and he sought to shun normality He is one of fashion’s greatest ruminators so where better than the Musée Rodin in Paris to stage Jonathan Anderson’s second menswear show for Dior. Guests including the actors Robert Pattinson and Mia Goth, and Formula One driver Lewis Hamilton wandered past Auguste Rodin’s The Thinker as they made their way to their seats on Wednesday afternoon. Speaking backstage before the show, Anderson, dressed in his signature faded Levi’s jeans and a navy cashmere sweater, described the collection as “another character study”, explaining that this time he set out to explore “the idea of a new aristocracy”, questioning “what it means today” and “what can it be?” The-41-year old designer said when it came to the social hierarchy he wanted to “ignore the aspect of money” and instead home in on “their eccentricity”. Continue reading...