Author: News Room

Investing.com – Germany stocks were mixed after the close on Monday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in Frankfurt, the added 0.34% to hit a new all time high, while the index gained 0.21%, and the index fell 0.07%. The best performers of the session on the were Henkel & Co KGaA AG Pref (ETR:), which rose 2.25% or 1.62 points to trade at 73.70 at the close. Meanwhile, Bayerische Motoren Werke AG (ETR:) added 2.04% or 2.12 points to end at 106.24…

A federal judge on Monday threw out a lawsuit by Elon Musk’s X that had targeted a watchdog group for its critical reports about hate speech on the social media platform. In a blistering 52-page order, the judge blasted X’s case as plainly punitive rather than about protecting the platform’s security and legal rights. “Sometimes it is unclear what is driving a litigation,” wrote District Judge Charles Breyer, of the US District Court for the Northern District of California, in the order’s opening lines. “Other times, a complaint is so unabashedly and vociferously about one thing that there can be no…

Friday’s trading session saw little change, with the S&P 500 index remaining near its Thursday closing price (-0.14%). Although the market hit a new record high of 5,261.10 on Thursday, it only gained 0.3% after retracting some of its intraday advance. Last week, stock prices were influenced by the FOMC Rate Decision on Wednesday; this week, investors are bracing for a series of economic data releases, including tomorrow’s CB Consumer Confidence, Thursday’s GDP and Friday’s Core PCE Price Index. This morning, the S&P 500 futures contract is lower by 0.3%, indicating a lower opening for the index. Consequently, the market…

Rails, the self-custodial crypto perpetuals exchange, is pioneering a groundbreaking approach to crypto trading. By leveraging audited smart contracts on the blockchain and employing zero-knowledge proofs, Rails ensures that users have full control over their funds, thereby eliminating the risk of fraud and theft. —Unlike platforms that swing to extremes of centralization or decentralization, Rails strikes a balance, offering a solution that prioritizes both efficient trading and user ownership. This innovative approach has garnered significant attention, leading to a recent funding round of $6.2 million from Slow Ventures, Round13 Capital, and CMCC Global.Rails’ unique selling point lies in its self-custodial…

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Jury selection in the criminal hush money trial of Donald Trump will begin on April 15, a New York judge ruled in a court hearing Monday.Judge Juan Merchan delivered the ruling after strongly rejecting arguments from Trump’s lawyers who tried to delay the trial. Trump is charged in that case with falsifying business records in a scheme to silence women who say they had affairs with him.”That you don’t have a case right now is really disconcerting,” Merchan told the former president’s lawyers, referring to their claim that the prosecutors in the case suppressed evidence.”You are literally accusing the Manhattan…

‘Oh my goodness did he catch a break’: See ex-prosecutor’s reaction to Trump decision A New York appeals court reduced the bond amount former President Donald Trump must pay to appeal a civil fraud judgment against him. The court reduced the amount from $464 million to $175 million and gave Trump 10 additional days to pay the amount. CNN’s Elie Honig and Laura Coates discuss the decision.

A recent proclamation by billionaire philanthropist and technology financier Bill Gates’ has caused a bit of stir and put broad smiles on the faces energy investors in Houston, Texas, a city widely regarded as the oil and gas capital of the U.S. At the recently concluded energy event CERAWeek, organized by S&P Global in Houston, Gates took the center stage on Thursday (March 21, 2024) to opine that the next wave of energy and climate breakthroughs may come from the city. Gates had declared he was “in Texas to see the future” ahead of his CERAWeek remarks and noted: “I’m…

Are we in a bubble in equities? And how do we know if so? I’ve been on the road the past few weeks, meeting investors in both North and South America, speaking with allocators and fiduciaries about their most pressing challenges and opportunities. It’s striking that many of the conversations followed the same pattern. I found the B word cropping up in pretty much every meeting I attended, with clients wanting to know whether we at Man Group felt that there was a bubble in equities (and particularly in AI-related stocks). Now here at Man we – quite deliberately –…

Deserve, a Silicon Valley startup that helps other companies launch and manage credit cards, is the latest private fintech to feel the pressure of slowing business and a dry funding market–in its case, compounded by turmoil in the crypto industry. The 10-year-old Palo Alto company was valued at $500 million in 2021 and is backed by high-profile investors including Goldman Sachs GS , Visa V , Mastercard and Accel. Deserve has spoken with investment bankers in recent months about selling itself, and larger businesses have taken a preliminary look at its financials, say two people familiar with the matter. “The…