WASHINGTON: President-elect Biden Gary Gansler, who heads the Securities and Exchange Commission, has been facing a series of calls from senators since Tuesday to focus on issues ranging from weather reversals at Gamestop. Corpo. Trade frenzy. Progressives, who supported Mr. Gensler’s nomination, hope that the PET regulator will oversee the …
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Saudi Arabia plans to increase its oil production next month, in contrast to the recent decline in large production, a sign of growing confidence in the recovery in oil prices, Kingdom advisers said. The world’s largest oil exporter surprised oil markets last month when it said it would cut crude …
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Twitter Inc. It posted its second 1 billion quarter on Tuesday, sending its shares up nearly 4% in subsequent trading to a 52-week high. Twitter TWTR, + 2.87% Analysts at Factset said the stock had a net income of 22 222 million, or 29 cents, against expectations of 29 cents. …
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Electric-car maker Tesla has invested 1.5 billion in cryptocurrency and the price of Bitcoin jumped above $ 48,000 on Tuesday after news that it could accept the products as future payments. After reaching a record near 44,000 on Monday, the price of Bitcoin BTCUSD, + 2.78% Hit સિ 45,000, 46 …
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Tokyo: Softbank Group Corpo. 9984 4.45% Large quarterly profits ride red-hot stock markets behind the benefits of its 100 100 billion Vision Fund and its billion 10 billion investment. Investors in Japanese technology said Monday it posted a net profit of 1. 1.17 trillion, equivalent to about 11 11 billion, …
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