, /PRNewswire/ — Yuki He, founder and CEO of LiveMe, recently discussed the development of LiveMe and its latest trends with Samsung. LiveMe was awarded the 2021 Samsung Galaxy Store Best Entertainment App among the top performing apps in 2021. Recognition Motivates As the company has grown, LiveMe has been recognized by multiple influential media and… Continue reading LiveMe CEO Talks New Award with Samsung Galaxy Store
US stocks fall as investors weigh an economic slowdown and oil surges to a 13-week high
US stocks fell Wednesday as investors weigh economic concerns and surging oil prices. Both Goldman Sachs and Bank of America have predicted crude prices will pass $140 a barrel. But JPMorgan’s Marko Kolanovic said Wednesday that the stock market could rally even if oil skyrockets. Loading Something is loading. US stocks dropped Wednesday, as investors… Continue reading US stocks fall as investors weigh an economic slowdown and oil surges to a 13-week high
Nobel laureate economist Robert Shiller puts the odds of a US recession at 50% due in part to a self-fulfilling prophecy as everyone worries about a downturn
Nobel laureate and economist Robert Shiller said the US has a good chance of entering a recession. He told Bloomberg Wednesday that the odds of a recession in the next few years are 50%, which is “much higher than normal.” The economist, who predicted in 2005 that the housing bubble would burst, also warned a… Continue reading Nobel laureate economist Robert Shiller puts the odds of a US recession at 50% due in part to a self-fulfilling prophecy as everyone worries about a downturn
Twitter jumps after the social media company reportedly plans to give Elon Musk trove of data to disprove bot theory
Twitter stock jumped as much as 3% on Wednesday after a report said the company will give Elon Musk access to a trove of data.The “firehose” of data given to Musk could disprove the billionaire’s theory that about 20% of Twitter accounts are bots.Investors see the development as Twitter inching closer to completing Musk’s $44… Continue reading Twitter jumps after the social media company reportedly plans to give Elon Musk trove of data to disprove bot theory
Here’s why oil prices aren’t coming down anytime soon — and why OPEC can’t stop the climb
Oil prices have climbed even after OPEC+ announced a bigger boost to oil production this month. Members of the oil group have been struggling to meet output targets after underinvesting, experts told Insider. “The market is questioning whether the OPEC countries can actually meet the call for higher production.” Loading Something is loading. Oil prices… Continue reading Here’s why oil prices aren’t coming down anytime soon — and why OPEC can’t stop the climb
Ken Griffin’s Citadel Securities is reportedly creating a crypto trading marketplace in a joint effort to increase liquidity
Citadel Securities is building a crypto trading marketplace, CoinDesk reported Tuesday. The market maker is working with Virtu Financial and venture capital firms, a source told the crypto publication. Griffin had been a crypto skeptic before changing his mind. Loading Something is loading. Citadel Securities – the market maker owned by billionaire Ken Griffin –… Continue reading Ken Griffin’s Citadel Securities is reportedly creating a crypto trading marketplace in a joint effort to increase liquidity
US stocks finish higher as investors set aside Target’s profit warning and World Bank’s dimmer growth view
US stocks ended Tuesday’s session with a win, marking the second straight gain for Wall Street’s key indexes. Target shares weighed on the consumer discretionary sector after issuing its second profit warning in less than a month. The World Bank cut its Q2 growth projection to 2.9% from 4.1%. Loading Something is loading. US stocks… Continue reading US stocks finish higher as investors set aside Target’s profit warning and World Bank’s dimmer growth view
Oil prices could hit $150 a barrel or more with demand destruction likely by the end of the year, says global commodities trader Trafigura
Oil prices could reach $150 a barrel this year, Trafigura’s CEO said Tuesday. “If we see very high energy prices for a period of time we will eventually see demand destruction,” said Jeremy Weir. Loosening restrictions in China will likely also add to pricing pressures. Loading Something is loading. Oil prices could reach $150 per… Continue reading Oil prices could hit $150 a barrel or more with demand destruction likely by the end of the year, says global commodities trader Trafigura
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