Market News

IRS vs FDIC: Battle for $1.45B in Taxes Owed by Silicon Valley Bank IRS vs FDIC: Battle for $1.45B in Taxes Owed by Silicon Valley Bank

SOPA Images/LightRocket via Getty Images Amid legal wrangling worthy of a Shakespearean drama, the Internal Revenue Service has taken on the Federal Deposit Insurance ...

OpenAI Co-founder, Andrej Karpathy, Departs OpenAI Co-founder, Andrej Karpathy, Departs the Company

San Francisco Chronicle/Hearst Newspapers via Getty Images/Hearst Newspapers via Getty Images Andrej Karpathy, a founding member of Microsoft (MSFT) backed OpenAI, announced on social ...

Airbnb’s Revenue Increases in Q4 Airbnb’s Q4 Revenue Up Despite Market Shudders

U.S. stock futures were higher this morning, with Nasdaq futures trading up by around 80 points on Wednesday. Shares of Airbnb, Inc. ABNB took ...

Jeff Bezos Sells $4B of Amazon Stock After Miami Move The E-commerce Titan: Jeff Bezos Capitalizes on Amazon’s Rally

Rodin Eckenroth/WireImage via Getty Images Amazon (Nasdaq: AMZN) founder and executive chair, Jeff Bezos, has been cashing in on the e-commerce giant’s rally this ...

Biotech Firms STTK and KALV: Stocks to Track Investor Alert: Shattuck Labs and KalVista Pharmaceuticals

SweetBunFactory Despite positive tidings, shares of Shattuck Labs (NASDAQ:STTK) and KalVista Pharmaceuticals (NASDAQ:KALV) closed lower Tuesday. Is this a buy-the-dip opportunity, considering both stocks ...

Eversource Energy’s Multimillion-Dollar Deal in U.S. Offshore Wind Projects

fokkebok/iStock via Getty Images Eversource Energy (NYSE:ES) revealed Tuesday its plans to divest its 50% stakes in the South Fork Wind and Revolution Wind ...

Coca-Cola Eyeing Acquisition of Healthy Soda Brand Poppi Coca-Cola Eyeing Acquisition of Healthy Soda Brand Poppi

Eugene Gologursky/Getty Images Entertainment Coca-Cola, listed on the New York Stock Exchange as NYSE:KO, is in the race to acquire the healthy soda brand, ...

OPEC Forecasts Unchanged Global Oil Demand Amid Economic Lift

SlavkoSereda/iStock via Getty Images OPEC announced its decision to maintain expectations for global oil demand growth, yet revised its economic forecast due to signs ...

Lyft Drives to Full Year Free Cash Flow Positivity, CEO Stresses Driver Focus

Mario Tama/Getty Images News Updates to add CEO quotes from interview, context on drivers Class A shares of Lyft (NASDAQ:LYFT) blasted off in after-hours ...

The SEC Rattles Crypto with New Dealer Definitions The SEC Rattles Crypto with New Dealer Definitions

The U.S. Securities and Exchange Commission has issued a new definition for securities dealers, encompassing crypto, in a move that could be a game-changer ...